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  • EDB in fresh push to boost gem and jewellery in Thailand

    14/02/2017

    14/02/2017
    EDB in fresh push to boost gem and jewellery in Thailand

    The Export Development Board (EDB) entered into a promotional agreement with Thai Trade Centre Chennai (TTCC) on 7 February to further develop two-way trade between Sri Lanka and Thailand.

    The agreement that was entered into between EDB and TTCC was a result of long and effective discussions between the Sri Lanka Embassy in Thailand, EDB, NGJA and SLGJA. The agreement was signed in the presences of the Ambassador for Thailand in Sri Lanka Nopporn Adchariyavanich at the EDB in Colombo.

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  • Visit Sri Lanka Pavilion at PRODEXPO 2017, Moscow, Russia

    03/02/2017

    03/02/2017
    Visit Sri Lanka Pavilion at PRODEXPO 2017, Moscow, Russia

    The Sri Lanka Export Development Board (EDB) with the coordination of Sri Lanka Embassy in Moscow is organizing a 10 member delegation at the PRODEXPO International Exhibition to be held from 06th to 10th February 2017 at Moscow, Expocentre, Russian Federation.

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  • National Strategy for Exports.

    02/02/2017

    02/02/2017
    National Strategy for Exports

    The Export Development Board (EDB) has initiated action on the preparation of a National Export Strategy (NES) for the next five years. The EDB is empowered by the Sri Lanka Export development Act to prepare a national Export strategy.

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  • Gem Lapidaries in Sri Lanka - Attuned to the fine art of Gem Cutting in Sri Lanka

    17/01/2017

    17/01/2017
    Gem Lapidaries in Sri Lanka

    Sri Lanka has been celebrated for the brightest and the most valuable gemstones in the world and was suspected to be the locality of mythical ‘Tarshish’, the port city, which supplied King Solomon with gems, silver, pearls and ivory.

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  • Coconut Fiber Geo-Logs and Geotextiles in Environment Conservation

    17/01/2017

    17/01/2017
    Coconut Fiber Geo

    With the annual economic losses due to deforestation and land degradation estimated at a 1.5 – 3.4 trillion Euro in 2008, equaling 3.3 – 7.5% of global GDP in 2008, the world is fighting a losing battle against soil erosion and degradation caused by natural and man-made causes.

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  • Educating a New Generation for a Better Future for Ceylon Cinnamon

    16/01/2017

    16/01/2017
    Ceylon Cinnamon

    Sri Lanka holds the monopoly for Ceylon Cinnamon or true cinnamon, the celebrated spice that changed the human history forever. Made from the bark of the small evergreen tree called Cinnamomum Verum, Ceylon Cinnamon’s unique fragrance and taste, as well as its remarkably low amounts of coumarin, had made it one of the most sought after spices made in Sri Lanka, ever since the world discovered the many uses of Ceylon Cinnamon.

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  • Sri Lanka’s Gem Exports to China set to increase

    16/01/2017

    16/01/2017
    Ceylon Gems

    In the wake of the Free Trade Agreement between China & Sri Lanka to be finalized around March 2017 and of the recently signed Memorandum of Cooperation (MOC) between the Sri Lanka Gem and Jewellery Association (SLGJA) & Guangdong Gems and Jade Exchange (GDGJE), it’s on the cards that Sri Lankan gem exports to China, the world’s largest gem importer enjoying the lion’s share, that is, 76.8% of the world gem market - In financial terms, China’s gem imports amount to a whopping US $25.8 billion - will grow considerably.

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  • Ceylon Sapphire’s Star is Rising Due to Changing Market Trends

    12/01/2017

    12/01/2017
    Ceylon Sapphires Star

    Sri Lanka was once again reaffirmed as the Rathnadweepa or ‘the isle of gems’ by the discovery of the biggest blue star sapphire from a mine in Rathnapura, the town of gems.

    Weighing an astonishing 1404 carats, the rare star sapphire now known as ‘Star of Adam’ was valued at over USD 300 million. Found during the fall of the year 2015, the star sapphire has evoked a greater interest and excitement among the global gem and jewelry traders.

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  • The Thriving Boat and Sea Craft Manufacturing Industry in Sri Lanka

    12/01/2017

    12/01/2017
    Development in boat building industry in Sri Lanka

    Sri Lankan boat manufacturers are seeing an increase in demand for pleasure, commercial and fishing boats following the International Boat and Fisheries Exhibition 2016 that was held at Dickowita Fishery Harbor in October last year.

    According to the Ministry of Fisheries and Aquatic Resources Development, the country is tipped to receive an income of Rs. 20 billion by exporting Sri Lankan made fishing vessels to European countries including the UK, Norway, Sweden, the Netherlands and France.

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  • Improving Sri Lanka’s Rubber Sector with New Breeds and Varieties

    11/01/2017

    11/01/2017
    Sri Lanka rubber Industry

    Sri Lanka, the cradle of the global rubber revolution and one of the eleven natural rubber growing countries in the world, only holds the tenth position among the eleven members of the Association of Natural Rubber Producing Countries (ANRPC) mainly due to the low production and yield of natural rubber.

    Due to the low yield in Sri Lankan rubber plantations and to the rising amounts of domestic consumption, Sri Lanka’s rubber exports have diminished from 120,900 metric tons in 1980 to a mere 16,300 metric tons in 2014, as per the statistics provided by the Rubber Research Institute of Sri Lanka.

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  • Coco Peat based Growing Media from Sri Lanka for Greenhouse Cultivation

    11/01/2017

    11/01/2017
    Coco Peat based Products

    It’s no secret that Sri Lanka’s abundance of Coconut plantations is a significant source of export earnings and employment generation in that it gives rise to a number of industries from Coconut flour to desiccate to activated carbon to coir grow bags and everything in between. While it’s not as common as Coconut oil, desiccate & activated carbon exports, Coconut substrate based growing media are a lucrative exports industry. The industry has created an economic value for Coco peat, a byproduct of coir manufacturing industry, which had long been held as deleterious in terms of the fertility of land.

    Foremost among these growing media are coir grow bags, a product extensively used in greenhouses...

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  • EDB impetus for product, tech upgrade for the export sector

    10/01/2017 Daily News

    10/01/2017
    The export sector of Sri Lanka which contributes nearly 20% to the country’s GDP, plays a vital role in achieving the development objectives of the government in terms of, employment generation poverty alleviation and enhancing foreign exchange earnings.

    The Government is pursuing an outward looking economic policy and is taking measures to integrate with the rest of the world to connect and compete to reach wider market access through deepening the existing FTAs with India and Pakistan, working on new trade agreements with Asian economies like China and Singapore and possible preferential trade agreements with Thailand, Malaysia and Turkey. All the above and the restoration of GSP+ in the year 2017 and initiatives to boost trade with USA will open up new opportunities for the export sector.

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  • EDB unveils ‘Info Point’ kiosk to enhance productivity

    09/01/2017 Daily FT

    09/01/2017
    EDB Chairperson Indira Malwatte unveiling the ‘Info Point’ kiosk at the ground floor of NDB-EDB Tower, while EDB officials look on The Export Development Board (EDB) last week launched a self-service information kiosk, EDB Info Point, to facilitate walk-in visitors to promptly obtain information of its services.

    The use of the EDB Info Point will help exporters, potential exporters and the general public who visit EDB to obtain information about intended services such as product exports, market trends and trade statistics and to find a relevant contact point to acquire their requirements in an effective and efficient manner.

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  • To Coincide with H.E. the president's visit EDB facilitated B2B and product display at Sri Lanka Business forum in Malaysia

    02/01/2017 EDB Media

    02/01/2017
    The EDB facilitated Sri Lankan leading exporters to have fruitful discussions with Malaysian counterparts during the Business Forum themed “Mutual Business Opportunities between Sri Lanka & Malaysia” which was held on the 15th of December, 2016 at the Intercontinental Hotel in Kuala Lumpur with the participation of more than 300 top businessmen from Malaysia.

    A Sri Lankan product display was organized during the Business Forum showcasing high quality exportable products viz Ceylon Tea, Virgin Coconut oil, Cashew, Confectionery products, Gems & jewellery, Porcelain Tableware and Handicrafts.

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  • EDB drives Sri Lanka’s ICT sector to penetrate Japanese market.

    26/12/2016 EDB Media

    26/12/2016
    EDB continues the Sri Lanka participation at Japan IT Week 2017 ‍from 10th -12th  May at Tokyo big sight, Japan. Sri Lanka pavilion which will locate in Software and Apps Development Expo (SODEC) could be a launching pad for Sri Lankan ICT companies to enter Japan market.

    Japan IT Week http://www.japan-it.jp/en/ ] is truly Japan's largest ICT trade show where you can find any kinds of latest IC T technologies/solutions. A great number of information systems manager, management executives, sales managers, system integrators and managers from IT system division will visit Japan IT Week to conduct business face to face with exhibitors.

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  • Organic coconut products from Sri Lanka: Capitalizing on the global trend towards the organic food and related products

    26/12/2016

    26/12/2016

    Whereas Sri Lanka isn’t the world’s largest producer of Coconut, our footprint on global coconut production is still significant. Also, in the context of local exports, as both natural Coconut and value added Coconut exports constitute a significant portion of Sri Lanka’s export earnings, the commercial vitality of Coconut is beyond question.

    With increasing emphasis being placed on organic agriculture and the premium prices that authentic organic products command in the global marketplace, Sri Lankan value-added Coconut products exporters are turning slowly but steadily to production of value added organic Coconut products. Considering the growing demand for the organic agricultural products all over the world, this is a commercially astute and positive change of direction. Following are some of the value added organic Coconut products being currently exported by Sri Lankan Coconut products manufacturers and suppliers.

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  • Amendments to Food Act on the Cards

    26/12/2016 Sunday Observer

    26/12/2016

    Steps will be taken to amend the Food Act to suit the present times and also support the food processing industry which has enormous potential, State Minister of International Trade Sujeewa Senasinghe told the 10th Exporters Forum at the Export Development Board (EDB) recently.

    The Minister was responding to issues raised by meat processors with regard to the excessive time taken to test the quality of food before processing for exports. He said it is time to amend the Food Act which is around 30 years old. The time taken to complete the tests and then process food is too long. It should be done within 10 days as in other countries. “A meeting comprising stakeholders of the food processing industry and quality certifying institutions will be held shortly to solve the issue,” the Minister said.

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  • Govt. plans to ban cinnamon imports

    19/12/2016 Daily FT

    19/12/2016

    The Government is preparing to revamp entreport schemes for re-exporting key spices from Sri Lanka including pepper, cloves, nutmeg and mace to protect Sri Lanka’s reputation for quality while banning cinnamon imports.      

    The proposal spearheaded by the Primary Industries Ministry has already received Cabinet approval and aims to put in place several fresh policies to ensure that spices re-exported from Colombo port are not diluted or incorrectly labelled as originating from Sri Lanka.

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  • The Forthcoming Free Trade Agreement (FTA) between Sri Lanka & China

    14/12/2016

    14/12/2016
    Rubber Based Products

    Sri Lanka is stepping up negotiations on Free Trade Agreements (FTAs) with three of its foremost trading partners - India, China and Singapore.

    The government hopes to finalize discussions and reach comprehensive trade deals with India and Singapore by December 2016 and with China by the first quarter of 2017. Sri Lanka's recent interest in FTAs with major trading partners, touted in the media as “FTA Mania”, is totally justified.

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  • Trade for success: Connect, Compete, Change - 16th edition of the WEDF

    14/12/2016

    14/12/2016
    Successful conclusion of the 2016 World Export Development Forum

    The 16th edition of the globally represented World Export Development Forum 2016 (WEDF 2016) was hosted for the first time in Colombo, Sri Lanka on the 12th and 13th of October, marking the rapidly developing nation’s irreplaceable role in the advancing regional economy as a logistics hub. The two-day event annually organized by the International Trade Centre (ITC) was co-hosted this year by the Ministry of Development Strategies and International Trade of Sri Lanka through the Sri Lanka Export Development Board (EDB), and was timely themed ‘Trade for Success: Connect, Compete, Change’.

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  • Developing a Stronger Natural Rubber Industry with the Help of Nanotechnology

    14/12/2016

    14/12/2016

    Although Nanotechnology is a lesser celebrated subject in Sri Lanka, one of the country’s main export crops are tipped to benefit from the latest developments in Nanotechnology.

    The latest research has discovered a new chemical process to combine carbon nanotubes with natural rubber compounds to enhance its flexibility and strength. What’s more, the process has been found to enhance the mechanical and electrical properties without sacrificing the elasticity of the material.

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  • EDB PROMOTE TRADE AND BUSINESS PARTNERSHIPS BETWEEN PHILIPINES & SRI LANKA

    28/11/2016

    28/11/2016

    Export Market diversification is one of the strategies that the EDB has identified to increase Sri Lanka’s export. Considering  Sri Lanka’s present export market concentration mainly to USA and European countries and the importance of the emerging economic power of Asia the Philippines is one of the countries identified to promote our products.

    Philippine is 12th most populous country in the world over 100 Mn. population. The GDP growth was 7% in 2013. Also it is an member of ASEAN and only the ASEAN member receiving EU GSP+ facility. This will provide market access opportunity for Sri Lanka.

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  • Health Benefits of Essential Oils from Sri Lanka

    25/11/2016

    25/11/2016
    Essential oils uses

    The medicinal and cosmetic benefits of essential oils derived from a host of herbal, spice and flowering plants that are grown widely in Sri Lanka, has been a long kept secret that found its way to the rest of the world through spice trading merchants of Western Asia.

    Today spice suppliers in Sri Lanka produce a range of essential oils through distillation of leaves, bark, roots and flowers to derive the oils and essence trapped inside. Among a large number of essential oils produced in Sri Lanka, a dozen or more are favored by aromatherapists and Ayurveda specialists who believe in the curative powers of these oils;

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  • Turkey Industrialists Businesswomen and Businessmen Confederation visits EDB

    25/11/2016

    25/11/2016
    Turkey Industrialists Businesswomen and Businessmen Confederation visits EDB

    The General President of Turkey Industrialists Businesswomen and Businessmen Confederation, Nezaket Emine Atsoy met Mrs.  Indira Malwatte

    The General President of Turkey Industrialists Businesswomen and Businessmen Confederation, Nezaket Emine Atsoy met Mrs.  Indira Malwatte, the Chairperson & Chief Executive and the Directors of the Sri Lanka Export Development Board (EDB) during their visit to  Sri Lanka from 7th to 11th November 2016.  Ms. Astoy is the Chairperson  of the Confederation  which has got a worldwide network consisting of key leaders in various sectors and decision makers of the concerned countries.

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  • Apparel Innovations: Manufacturing Smart Garments

    23/11/2016

    23/11/2016
    Manufacturing Smart Garments Beyond doubt, the Apparel industry makes a huge contribution to Sri Lanka’s total export earnings. For the calendar year 2015 alone, Apparel export revenue amounted to a whopping US $4.9 billion. In the light of this fact, the Apparel export sector’s bold ambition to earn US $8 billion as apparel export revenue by 2020 is fairly realistic and achievable. Also, directly employing 400.000 to 600,000 people, the sector consists of some of the country’s largest employers.

    In an interview with Lanka Monthly Digest (LMD), Sri Lanka’s premier business magazine, Mr. Aroon Hirdaramani, a Director of the Hirdaramani Group, one of the country’s apparel giants observes that “…it is essential that we have a strong economic framework in place, to support the industry’s continued growth and competitiveness….”

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  • Colombo hosts 2nd edition of Intex South Asia

    17/11/2016 Daily FT

    17/11/2016
    Colombo hosts 2nd edition of Intex South Asia Intex South Asia, the only international sourcing fair in South Asia which showcases the best in yarns, fabrics (apparel and denim) and clothing accessories, is presenting a grand display at the Exhibition and Convention Centre (SLECC) in Colombo from 16-18 November.

    It is the second edition of Intex South Asia and in anticipation of the Sri Lankan apparel industry regaining GSP+ concessions, this year’s exhibition was successful in bringing more than 150 exhibitors from Italy, Japan, South Africa, Korea, China, Taiwan, Singapore, Malaysia, Indonesia, Pakistan, Bangladesh and India to Sri Lanka.

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  • EU, UN launch Rs. 1 billion project to boost SL trade

    16/11/2016 Daily FT

    16/11/2016
    EU, UN launch Rs. 1 billion project to boost SL trade The Sri Lankan Government has joined forces with the European Union in embarking on a four-year, 8 million Euro (Rs. 1.3 billion) project, geared towards increasing Sri Lanka’s trade competitiveness in regional and European markets.

    The project will be implemented by the International Trade Centre (ITC) and United Nations Industrial Development Organisation (UNIDO) in collaboration with the Sri Lankan Department of Commerce.

    Meanwhile, a steering committee co-chaired by the Ministry of Policy Planning and Economic Affairs and the Delegation of the European Union will provide overall direction to the project. Competent national level agencies and apex business entities will also support work-plan development and implementation of activities.

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  • EDB joins hands with JEDB to promote export oriented commercial agriculture

    16/11/2016 Daily FT

    16/11/2016
    EDB joins hands with JEDB to promote export oriented commercial agriculture Sri Lanka Export Development Board (EDB) and the Janatha Estates Development Board (JEDB) has brought together synergies and resources of both organisations for attracting local investors to set up Commercial Agriculture Projects in underutilised and unutilised lands available in JEDB Estates. The private sector, particularly the export community hails this initiative in the backdrop of declining country’s exports.

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  • Intex South Asia 2016 to showcase over 11 countries’ best of textiles

    15/11/2016 Daily Mirror

    15/11/2016
    Intex South Asia 2016 to showcase over 11 countries’ best of textiles The aim of the new edition of Intex South Asia, which will take place from November 16 to 18, 2016, at the Sri Lanka Exhibition and Convention Centre, Colombo, is to present and showcase the entire value chain by bringing together the best manufacturers of yarns, apparel fabrics, denims, clothing accessories and allied services.

    Sri Lanka will soon witness leading international buyers visiting Colombo to attend and source at Intex South Asia. Leading buyers attending the show are from India, Bangladesh, Malaysia, Spain, Pakistan, Saudi Arabia, Hong Kong, China, Thailand, Mauritius, Iran, Australia, the USA, the UK, Europe, Nigeria, South Africa and many more.  The Sri Lankan apparel industry has also blocked its calendar to visit with its teams at this important  mega event.

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  • BOI roundtable conference for officials and entrepreneurs from China

    13/11/2016 news.lk

    13/11/2016
    BOI roundtable conference for officials and entrepreneurs from China A delegation from China led by Sui Zhong Cheng, Vice Governor of Jilin Province consisting of 33 officials and entrepreneurs from that province visited the BOI with the purpose of exploring avenues for trade and investment.

     The delegation was welcomed by Upul Jayasuriya BOI Chairman and Duminda Ariyasinghe Director General Indira Malwatte, Chairperson of the Export Development Board was also present.  BOI had organized a roundtable conference where the high powered delegation from China met senior officials of the BOI and Export Development Board.

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  • Specialty Tea - A Timely Boost to the Sri Lankan Tea Industry

    03/11/2016

    03/11/2016
    specialty tea from Sri Lanka

    Is the time ripe for Sri Lankan tea exporters to make a shift away from bulk tea to value added packed at the source tea, Specialty Teas, and Artisan Teas?

    Specialty teas or artisan teas have been a well-kept secret in the Sri Lankan tea sector. Produced in small quantities and traded among select circles of tea connoisseurs, who have a taste for rare tea flavors, Ceylon Specialty Tea includes niche segments of local tea industry that produce white tea, fair trade organic tea, single estate loose leaf tea as well as flavored dessert teas.

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  • Sri Lanka seafood, apparel exports up in July

    18/10/2016 Economy Next

    18/10/2016

    Sri Lanka's seafood exports to the European Union picked up 19.9 percent in July 2016 from a year earlier, following the lifting of a ban, and apparel exports rose 3 percent, but lower commodity prices have hit petroleum and tea.  

    Exports fell 4.4 percent to $891.2 million in July 2016 from a year earlier and imports fell 6.6 percent to $1,432 million dollars, shrinking the trade balance 10 percent to $541 million, official data showed.

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  • Sri Lanka is ready for business

    14/10/2016

    14/10/2016

    To achieve strong growth Sri Lanka has put in place a multifaceted framework to encourage business and get access to key markets around the world, said a top official at an international forum.

    The entire spectrum of economic changes planned by the Government to boost growth was outlined by Development Strategies and International Trade Minister Malik Samarawickrama at the inauguration of the World Export Development Forum (WEDF) on Wednesday. Given below is the full speech delivered by the Minister.  

    It is a great pleasure indeed to welcome all participants to the 16th World Export Development Forum (WEDF) 2016, and at the outset permit me to thank the individuals and institutions whose untiring efforts have enabled this forum to take place in Sri Lanka. 

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  • Time to make trade happen

    12/10/2016

    12/10/2016
    Thumbs up for Sri Lanka! International Trade Centre (ITC) Executive Director Arancha González believes its crunch time for the country.

    A robust trade agenda is essential for Sri Lanka to leapfrog competitors, believes International Trade Centre (ITC) Executive Director Arancha González, who is in Colombo to attend the World Export Development Forum (WEDF) sessions today that will also focus on SMEs and foster direct engagement between businesses.     

    ITC is the joint agency of the United Nations Conference on Trade and Development and the World Trade Organization. Gonzalez is in Colombo this week to meet with key Government officials and attend the sessions of the WEDF on Wednesday and Thursday. The forum has been billed as one of the largest trade promotions forums to date with hundreds of local and foreign companies participating in nearly 3,000 “speed dating” sessions during the next two days.   

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  • SheTrades rings message of entrepreneurship

    14/10/2016

    14/10/2016
    International Trade State Minister Sujeewa Senasinghe, Women’s Chamber of Industry and Commerce Chairperson Rifa Mustapha, ITC Executive Director Arancha González, Export Development Board Chairperson and CEO Indira Malwatte, Colombo Stock Exchange Chairman Vajira Kulathilake and Hettigoda Group Director Vidyani Hettigoda at the CSE bell ringing ceremony.

    A bell ringing ceremony was held at Colombo Stock Exchange yesterday to raise awareness about International Trade Centre’s (ITC) ‘SheTrades’ initiative, which seeks to connect one million women entrepreneurs to markets by 2020.

    The event was held in parallel with the World Export Development Forum (WEDF), organised by ITC in collaboration with Sri Lanka Export Development Board.


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  • World Export Development Forum

    07/10/2016

    07/10/2016

    The much anticipated 16th edition of the World Export Development Forum (WEDF) is held at the BMICH from 12th to 13th of October 2016. The forum represents a momentous occasion for all those who intend to explore the new trade and development landscape and identify the current and emergent trade opportunities & trends.

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  • Jeevani new DG at EDB

    03/10/2016 Daily FT

    03/10/2016
    Jeevani Siriwardena (right) receives her letter of appointment as DG of Export Development Board from Development strategies and International trade State Minister Sujeewa Senasinghe as EDB Chairperson Indira Malwatte looks on

    Jeevani Siriwardena has been appointed the new Director General of the Sri Lanka Export Development Board (EDB).

    She joined EDB as a Management Trainee in 1984. She counts over 20 years of experience at EDB in Product Management and over 10 years in the Market Development Divisions of EDB.

    She handled the product and market development activities of the apparel export sector during its early growth phase and also led the development activities of the other industrial and agricultural product sectors.

    Siriwardena has led several overseas marketing missions involving the private sector while also being a part of a number of presidential business delegations. She has extensive foreign market exposure, including in countries such as the US, Europe, South Africa, Japan, China and India. She also served as the Officer in Charge of the EDB-initiated Sri Lanka Trade Centre in Chennai for 15 months.

    For a span of two years she worked as a visiting lecturer at the University of Colombo, prior to joining EDB.

    She obtained a Bachelor of Commerce Special Degree (second class) in 1982 and a Master’s in Business Studies (Merit) from the University of Colombo. She is also an Associate Member of the Chartered Institute of Marketing, UK.

    Siriwardena had her primary education in Matara where her father served as the AGA and then entered University from Visakha Vidyalaya, Colombo where she obtained colours for tennis and won the national junior and juvenile silver medal for badminton.

    At Colombo University she got colours for tennis, badminton and table tennis and captained the men’s and women’s tennis team of the University of Colombo in 1982, winning the Inter-University Challenge Trophy. 


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  • Punjab performs well to improve entrepreneurship

    28/09/2016 Pakistan Observer

    28/09/2016

    Chairperson, CEO Export Development Board (EDB), Sri Lanka, Ms Indira Malwatte says Punjab is performing well in improving entrepreneurship through technology in Pakistan. She was addressing a meeting held at Arfa Tower during her visit to Punjab IT Board (PITB) on Tuesday. Chairman PITB, Dr Umar Saif gave a detailed presentation to her on Plan9 and other most flourishing ICT projects and explained how ICT ventures had viably improved methods of governance in Punjab.


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  • Minister samarawickrama meets with wedf organizers and sponsors to discuss progress one month ahead of conference

    21/09/2016 Lanka Business News

    21/09/2016

    Minister of Development Strategies and International Trade, The Honourable Malik Samarawickrama together with the Chairperson and Chief Executive of the Sri Lanka Export Development Board (EDB) Mrs. Indira Malwatte met with the organizing committee and sub committee members, as well as sponsors and partners for a progress review meeting of the World Export Development Forum (WEDF) 2016.

    “This is one of the biggest events the new Government has undertaken,” Minister Samarawickrama stated, “And we are well on track to making it an exceptional global conference.” As of the date of this meeting, the conference had 361 registered foreign participants, and 282 registered local participants, a number that is rapidly growing, with more registrations expected within the one-month countdown for the event.

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  • Special exhibition to showcase best of Sri Lankan products at WEDF 2016

    01/09/2016 Daily FT

    01/09/2016

    Close to 40 of the most elite brands in Sri Lanka will be displaying the best of local products at a special exhibition that will coincide with the World Export Development Forum (WEDF) 2016. With the global summit scheduled to be held in Sri Lanka on 12 and 13 October this year, Sri Lankan enterprises such as Brandix  Apparel Ltd., MAS Holdings, Akbar Brothers, Ceylon Tea Services, Camso Loadstar, Virtusa, 99X  Technology, Gem Paradise and H.D. De Silva & Sons are ready to demonstrate their capabilities on a global platform. 

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  • Sri Lanka participates for first time in prestigious New York Trade Fair

    25/08/2016 Daily FT

    25/08/2016

    The Sri Lanka pavilion at the ‘Artisan Resource at NY NOW 2016’ trade fair was declared open by Dr. Rohan Perera, Ambassador and Permanent Representative of Sri Lanka to the United Nations, New York on 21 August at the Jacob Javits Center, New York.  Seven Sri Lankan companies participated at the Trade Fair through the Sri Lanka Exports Development Board where they were able to display giftware and lifestyle products manufactured in Sri Lanka.

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  • World Export Development Forum 2016 to tackle pressing topics in regional and global trade

    22/08/2016 Daily FT

    22/08/2016

    The 16th edition of the World Export Development Forum (WEDF) will see global business leaders, policy makers and heads of trade discuss issues ranging from transitioning trade environments, transparency and traceability to business strategies and trade policies across the world.

    The Sri Lanka Export Development Board (SLEDB) together with the International Trade Centre (ITC) announced the finalised agenda of the two-day conference themed ‘Trade for Success: Connect, Compete, Change’, scheduled to be held on 12 and 13 October.

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  • Govt. is revitalising Sri Lanka’s export competitiveness: Malik

    11/08/2016 Daily FT

    11/08/2016

    Development Strategies and International Trade Minister Malik Samarawickrama on Tuesday declared that the Government was revitalising Sri Lanka’s export competitiveness with a host of far-reaching initiatives.

    He offered this outlook during his presentation at the Presidential Export Awards ceremony. Following are excerpts.

    It is my pleasure to be here this afternoon and to address you at this Presidential Awards ceremony. Let me also thank His Excellency Maithripala Sirisena our President, who will be with us shortly, in spite of his very busy schedule. This clearly confirms His Excellency’s commitment to assisting and encouraging our exporters.


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  • High-profile-list-of-international-speakers-to-take-the-stage-at-WEDF-2016

    08/08/2016 Daily FT

    08/08/2016

    President Maithripala Sirisena and Minister of Development and International Trade Malik Samarawickrama will lead the line-up of high-profile speakers including policy makers, trade experts, trade analysts and global business leaders, set to speak at the World Export Development Forum (WEDF), scheduled to be held on 12 and 13 October in Colombo, Sri Lanka.

    The International Trade Centre (ITC) together with the Ministry of Development Strategies and International Trade of Sri Lanka, through the Sri Lanka Export Development Board (EDB), organises the global summit. ITC Executive Director Arancha Gonzalez will also take the stage on the opening day of the event together with the President of Sri Lanka, to start off the two-day event.


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  • FACETS International Gem and Jewellery Show in September

    03/08/2016 Daily News

    03/08/2016

    The Sri Lanka Gem and Jewellery Association announced the approach of the 26th edition of ‘FACETS’ Sri Lanka’s foremost annual International Gem and Jewelry Show.

    Established in 1991 with the patronage of the state and private sectors, the show has become the pinnacle event in the industry calendar. To be held at the BMICH from September 1-4.

    FACETS will be held under the patronage of President Maithripala Sirisena who will grace the event.

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  • EDB’s 20th Presidential Export Awards on 9 August

    04/08/2016 Daily FT

    04/08/2016

    The 20th Presidential Export Awards Ceremony organised by the Sri Lanka Export Development Board (EDB) will be held under the patronage of President Maithripala Sirisena on 9 August commencing at 3 p.m. at the Bandaranaike Memorial International Conference Hall (BMICH).

    The Presidential Export Awards (PEA) initiated by EDB in 1981 is the most prestigious award for exports in Sri Lanka and is presented to exporters who have made a significant contribution to Sri Lanka’s exports.

    This year’s ceremony will recognise and salute the exporters for their excellence in the years 2014 and 2015 and the awards symbolise the national recognition of the exporters, particularly in non-traditional products and services.

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  • Sri Lanka promotes pharmaceutical exports

    31/07/2016 Sri Lanka Mirror

    31/07/2016

    Pharmaceutical exports from Sri Lanka in the future are expected to surpass earnings of tea export revenue, reports sundaytimes.lk.  This was revealed at a media briefing convened in connection with the launching of a Pharmaceutical Manufacturing project at the the Koggala Export Processing Zone.

    The largest state of the art Pharmaceutical Manufacturing plant will be set up at the Koggala Export Processing Zone with an investment of US Dollars 30 million to dispense quality drugs to needy Sri Lankans at an affordable price and for export purposes.

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  • Sri Lanka Plast 2016 exhibition kicks off on Friday

    03/08/2016 Daily FT

    03/08/2016

    Sri Lanka Plast 2016, the main exhibition with focus on plastics processing and Rubexpo  focused on manufacturing of rubber related products and services is scheduled to take place from 5 to 7 August at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo.

    This would be the third edition of the event taking place in Sri Lanka which is organised by Enterprising Fairs (India) Ltd. The event will be organised together with The Plastics and Rubber Institute of Sri Lanka (PRISL) and supported by Ministry of Industry and Commerce Sri Lanka, Export Development Board (EDB), Industrial Development Board (IDB) and the Rubber Research Institute of Sri Lanka.

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  • Top local corporates partnering with EDB to stage World Export Development Forum 2016

    18/07/2016 The Island

    18/07/2016

    Sujeewa Senasinghe, State Minister of International Trade together with Anura de Silva, State Secretary of the State Ministry of International Trade and Indira Malwatte, chairperson and Chief Executive of the Sri Lanka Export Development Board (EDB), welcomed on-board key sponsors and partners of the World Export Development Forum (WEDF) 2016 at a press conference held at the EDB recently. Fazal Mushin – WEDF 2016 co-chairman also present for the proceedings.

    DFCC Bank PLC - Exclusive Banking Partner for the event, and Brandix- Exclusive Apparel Partner representing Sri Lanka’s apparel sector, handed over the sponsorship pledges to State Minister Senasinghe. Both organizations are Platinum Sponsors of the event.

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  • Swedish trade delegation adds to growing momentum ahead of WEDF 2016

    25/07/2016 Daiy FT

    25/07/2016
    From left: EDB Deputy Director/ Market Development Udeni Wijekoon, EDB Director/ Market Development Anoma Premathilake, Sweden-Sri Lanka Business Council Secretary General Leif Ivan Ohlson, and  EDB Chairperson & Chief Executive Indira Malwatte, confirming the participation of the Swedish delegation for WEDF 2016 at the EDB.

    Strengthening the gathering momentum ahead of the World Export Development Forum (WEDF) 2016, to be held in Colombo, Sri Lanka on the 12th and 13th of October, a trade delegation representing Sweden has confirmed their participation. The two-day summit heralded to be an unprecedented benchmark for the export industry of the country, is organised collaboratively by the Export Development Board of Sri Lanka (EDB) and the International Trade Centre (ITC).

    Participation of the Swedish delegation was confirmed at a meeting between Secretary General Leif Ivan Ohlson of the Sweden-Sri Lanka Business Council headquartered in Stockholm, with  EDBChairperson  Indira Malwatte, held last week.

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  • EDB Chairperson Indira Malwatte 1st Sri Lankan woman to receive WIFTS lifetime achievement award

    05/07/2016 Daiy FT

    05/07/2016

    WIFTS Foundation International Visionary Awards 2016 was held at the Millennium Hotel in London UK among a distinguished gathering of international women achievers on 2 July. The Women’s International Film and Television Showcase (WIFTS) is an organisation dedicated to bringing women together from all walks of life through the art form of film and television, business, the humanities and the environment.

    The 2016 WIFTS Lifetime Award for Business and Economics was awarded to Indira Malwatte who holds the key post of Chairperson and Chief Executive of the Sri Lanka Export Development Board (EDB), a vital role in the world business stage. Indira has committed nearly 40 years of her life to export development and promotions both in the state and private sector locally and internationally, with many achievements to her career. The Government of Sri Lanka, considering her unique talents and hands-on experience in the state and private sectors, appointed her as the first female to hold EDB’s top position and to lead Sri Lanka’s export drive in very challenging times.

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  • Indira Malwatte – Sri Lanka The Lifetime Achievement Award (Business)

    05/07/2016 www.thewifts.org

    05/07/2016

    In recognition of a lifetime of dedication, underpinned with a bold vision and a strong sense of integrity, Indira Malwatte is awarded TheWIFTS Foundation Lifetime Achievement Award 2016 (Business). Her groundbreaking appointment and mandate as the first woman to serve as the Chairperson and Chief Executive of the Sri Lanka Export Development Board (EBD) is to stimulate Export Development and International Trade. The EBD is the apex institution vested with national responsibility for Export Development across Sri Lanka.

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  • CHAIRPERSON EDB INDIRA MALWATTE – THE FIRST SRI LANKAN WOMAN TO RECEIVE THEWIFTS LIFETIME ACHIEVEMENT AWARD

    05/07/2016

    05/07/2016

    TheWIFTS Foundation International Visionary Awards 2016 was held at the Millennium Hotel in London UK among a distinguished gathering of international women achievers on the 2nd of July. The Women’s International Film and Television Showcase (TheWIFTS) is an organization dedicated to bringing women together from all walks of life through the art form of film and television, business, the humanities and the environment.

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  • Govt. engages diplomatic corps to make World Export Development Forum a bigger success

    30/06/2016 Daily FT

    30/06/2016

    The Ministry of Foreign Affairs hosted the diplomatic community consisting of commercial counsellors and honorary consuls of foreign missions to Sri Lanka for a briefing on the World Export Development Forum (WEDF) 2016 to be held in Colombo on 12-13 October.  

    The meeting was led by Deputy Minister of Foreign Affairs Harsha De Silva, State Minister of International Trade Sujeewa Senasinghe and Sri Lanka Export Development Board (SLEDB) Chairperson and Chief Executive Indira Malwatte.

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  • Sri Lanka earns over Rs. 11 billion in 2015 from exports of locally manufactured boats

    28/06/2016 Colombo Page

    28/06/2016

    Sri Lanka's Minister of Fisheries and Aquatic Resources Development Mahinda Amaraweera says the locally manufactured boats currently has a high demand in the international market.

    According to the Minister, during the past years, Sri Lanka has earned a massive amount of foreign exchange from exportation of boats and vessels. In 2014, Sri Lanka earned Rs. 11.48 billion and Rs. 11.2 billion in 2015 from the vessel exports.

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  • Large Section Of Tourists Beach-Based

    26/06/2016 Sunday Leader

    26/06/2016

    With a large section of Sri Lanka’s tourism being beach-based, the industry in the island nation requires pleasure sail boats and boats for sea excursions for whale/dolphin watching, leisure fishing, snorkelling, scuba diving, etc. This was highlighted at a session held last week to announce the Boat Show & Fisheries Exhibition Sri Lanka 2016 scheduled to take place from October 13 to 15 at the Dickowita Fishery Harbour, Colombo.

    It was also noted that Sri Lanka has a coastal shore-line of 1,340kms and a large inland water mass consisting of lagoons, lakes, reservoirs etc. There are 13 major fishery harbours, 15 anchorages and 1,053 landing sites on the coastal belt. However, the full potential of the ocean is yet to be utilized and ideal water front lands for development of marinas and boat yards are available around the island.

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  • Indira Malwatte Recieves TheWIFTS Lifetime Achievement Award

    26/06/2016 Videoage International

    26/06/2016
    Indira Malwatte Recieves TheWIFTS Lifetime Achievement Award

    In recognition of a lifelong career, Indira Malwatte, chairperson and chief executive of the Sri Lanka Export Development Board (EDB) has been awarded TheWIFTS Foundation Lifetime Achievement Award 2016 (Business). The Women’s International Film & Television Showcase (TheWIFTS) made the announcement today. Sri Lanka atteneded the Cannes International Film festival for the first time in 2016, as part of the country’s push to promote export services through the EDB. The award will be presented Saturday, July 2, at the Millennium Hotel in Mayfair, London. For more information about the 2016 honorees and the event

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  • World Export Development Forum creates opportunity for PPP’s

    07/06/2016 Lanka Business Online

    07/06/2016

    With the recent launch of the WEDF 2016 to be held in Sri Lanka in October, the EDB has taken a bold step towards creating a true sense of the word of Public, Private Partnership.

    Several leading professionals who have been invited from national chambers and product associations to steer various “action groups” have been appointed to head six different Committees tasked to map strategies and plan  all aspects of arrangements to successfully hold the 2 day conclave which is the 16th edition of the WEDF.

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  • Registration & Authorization of foreign slaughterhouse and Manufactures of other animal products under Saudi Food and Drug Authority

    31/05/2016 Ministry of Foreign Affairs

    31/05/2016

    The Royal Embassy of Saudi Arabia to the Democratic Socialist Republic of Sri Lanka presents its compliments to the Ministry of Foreign Affairs of the Democratic Socialist Republic of Sri Lanka and has the honour to inform the esteemed Ministry that the Saudi Food and Drug Authority (SFDA) has started to register and authorize Foreign Slaughterhouses, Manufactures of  meat, poultry and fish products as well as the Production Facilities of all kind of other Food items which interested to exports their products to the Kingdom of Saudi Arabia.

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  • Poland keen on more trade links with Lanka

    25/05/2016 Daily News

    25/05/2016
    The Export Development Board discussed B2B arrangements for the Polish trade delegation to Sri Lanka attending the World Export Development Forum in October 2016

    The discussion centered on the Polish participation at the World Export Forum to be held in Colombo in October this year. The Ambassador said that he is very keen on bringing down a large delegation for the event and to organise an objective driven B2B meeting programme for the delegation.

    Sri Lanka is well known as a tourist destination and for its quality tea she said.He also emphasised the need for engagement in other prospective areas. Poland is keen to look in to both trade and investment prospectives the Ambassador said.

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  • EDB Chief calls for collective approach to revive exports

    01/04/2016 Daily Mirror

    01/04/2016
    Sri Lanka has been known all over the world for its tea, rubber, coconut and as of late for its apparel and information communication technology (ICT). But due to the grim global situation and increased competitor activity, the country’s export sector has moved towards a negative growth trajectory. While the dampened growth in Sri Lanka’s key export markets and competition are not the only causes for the lag, the challenges on the ground have contributed significantly to the dip. With the new regime taking over and promising better economic prosperity, the business community is yet to witness a revival. Mirror Business sat down with Export Development Board (EDB) Chairperson Indira Malwatte for an in-depth discussion on the strategies conceptualised to drive the export sector forward. The newly appointed chief gave a comprehensive view on the current situation, efforts taken and the challenges ahead in making Lankan exports the prime foreign exchange earner for the nation.

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  • Sri Lanka slashes tax on raw rubber exports

    18/05/2016 Economynext

    18/05/2016
    The Sri Lankan government will slash a cess on raw rubber exports to Rs4 a kilo from Rs15 to help cultivators get better prices by increasing competition between shippers and the domestic industry, a spokesman said.

    Media Minister Gayantha Karunatillake said about 80 percent of natural rubber grown in the island is consumed by domestic industrialists and the rest exported.

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  • Legalization fees of export documents will be charged by the Sri Lankan Rupees

    20/05/2016 Ministry of Foreign Affairs Colombo

    20/05/2016
    The Embassy of Republic of Iraq in Colombo presents its compliments to the Ministry of Foriegn Affairs of the Democratic Socialistic Republic of Sri Lanka, and has the honour to refer to the Embassy Note No. 12/01/2016 dated 25th January 2016, regarding the legalization fees of export documents charge by the Embassy.

    The Embassy wishes to inform the esteemed Ministry that the legalization fees of export documents will be charged by Sri Lanka Rupees with effect from 16th May 2016.

    The Embassy of Republic of Iraq in Colombo avails itself of this opportunity to renew to the Ministry of Foriegn Affairs of the democrotic Socialistic Republic of Sri Lanka the assurances of its highest consideration.


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  • Sri Lanka, Germany ties get significant boost

    17/05/2016 Daily FT

    17/05/2016
    Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy Uwe Beckmeyer and Power and Renewable Energy Deputy Minister Ajith P. Perera sign an MoU. Development Strategies and International Trade Minister Malik Samarawickrama, Megapolis and Western Development Minister Patali Champika Ranawaka, State Minister of International Trade Sujeewa Senasinghe and German Ambassador to Sri Lanka Dr. Jürgen Morhard look on Sri Lanka’s efforts to liberalise its economy and encouraging of a solid basis to establish close business to business (B2B) contacts are crucial to countries looking to expand investment opportunities, believes Uwe Beckmayer, State Secretary at the Federal Ministry for Economic Affairs and Energy, Germany.

    “Sri Lanka now has a very stable Government which envisages on new economic base of good governance with reliable conditions to make new businesses, which is very important to attract investments to the country,” he said addressing the Business forum and B2B meeting held with the German business delegation hosted by the Export Development Board (EDB) of Sri Lanka yesterday.


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  • Kandy IT/BPM Week 2016 in June

    06/05/2016 Daily FT

    06/05/2016
    From Left: Head of Department of Computer Engineering University of Peradeniya Dr. Dammika Elkaduwa, Director Ministry of Education Niel Gunadasa,  ICTA Chairperson Chithranganie Mubarak, SLASSCOM Chairman Mano Sekaram, Exports Development Board (EDB) Chairperson Indira Malwatta,  Head of Department of Sociology University of Peradeniya Dr. Abey Ratnayake and Senior Lecturer University of Peradeniya Dr. Ruwan Navaratne n a move to create a much-needed IT/BPM capacity, the Industry is advocating the creation of regional cities and bring about inclusive growth in the country. Kandy IT/BPM Week is one such initiative, which will be held from10th to 12th of June 2016, organized by SLASSCOM, supported by the Export Development Board (EDB), Information and Communication Technology Agency of Sri Lanka (ICTA) and the Ministry of Education (MOE).

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  • High-level delegation here from German Federal Ministry for Economic Affairs and Energy

    12/05/2016 Daily FT

    12/05/2016
    Uwe Beckmeyer, Parliamentary State Secretary at the German Federal Ministry for Economic Affairs and Energy, will visit Sri Lanka from 15-17 May accompanied by a large business delegation. This is a follow-up to the visit of President Maithripala Sirisena to Berlin in February this year.

    The growing political and business relations between Germany and Sri Lanka, prompted an official visit by Beckmeyer, thus showcasing Sri Lanka’s potential with Europe’s largest economy.

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  • Cinnamon Training Academy becomes the new twig of Ceylon Cinnamon

    10/05/2016 Daily Mirror

    10/05/2016
    As the number one exporter of Ceylon Cinnamon in the global market, Sri Lanka’s cinnamon industry holds immense importance for the national economy.  The industry plays a valuable role not only in boosting export earnings, but also in enhancing the rural economy. The cinnamon industry generates revenue and employment for 400,000 workers, mainly comprising of smallholders and cinnamon processors or peelers.

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  • SL Navy exports 9 Patrol Craft to Nigeria

    07/05/2016 Daily Mirror

    07/05/2016
    Sri Lanka navy yesterday sold 9 small patrol craft, indigenously built by the Inshore Patrol Craft Project of the Navy established at Welisara, to the Nigerian Government.

    The deal is a milestone in the annals of the Sri Lanka Navy as this is the very first transaction, where the Navy involved internationally earning foreign exchange to the country.

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  • Sri Lanka to host World Export Development Forum 2016

    06/05/2016 Daily FT

    06/05/2016
    Development Strategies and International Trade Minister Malik Samarawickrama yesterday uses a gavel gifted by the International Trade Centre to mark the countdown for the World Export Development Forum slated for October this year. ITC Executive Director Arancha González, Industry and Commerce Minister Rishad Badurdeen, Development Strategies and International Trade State Minister Sujeewa Senasinghe and EDB Chairperson Indira Malwatte look on The World Export Development Forum (WEDF), the flagship event of the Geneva-based International Trade Centre (ITC) will be held in Colombo, on 12-13 October 2016.

    The announcement was made yesterday by Minister of Development Strategies and international Trade Maiik Samarawickrama. ITC Executive Director Arancha Gonzalez and Export Development Board Chairperson lndira Malwatte. Previous editions of WEDF have been held in Doha, Qatar (2015), Kigali, Rwanda (2014), Jakarta, Indonesia (2012), Istanbul, Turkey (2011) and Chongqing, China (2010).

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  • A ‘silver lining’ to a threatened industry Offshore Fish Farming in Trincomalee

    28/04/2016 The Island

    28/04/2016
    If a dark cloud at present hangs over the dwindling local fisheries resources, Oceanpick (Pvt) Ltd has created a silver lining amid that general gloom, by developing Sri Lanka’s and South Asia’s first ever responsible, commercial scale oceanic farm for Finfish.

    The Company unveiled its ‘Round Island’, oceanic fish farming brand on Monday at Eagles’ Golf Links, China Bay, Trincomalee marking Sri Lanka's bold entry into aquaculture farming in the open seas.

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  • Daily FT-MTI forum challenges Sri Lanka exports to think radical and quantum

    18/04/2016 Daily FT

    18/04/2016
    The Daily FT-MTI Thought Leadership Forum on Sri Lanka exports, titled ‘Sri Lanka’s Export Challenges,’ confronted the brutal reality of reasons behind Sri Lanka’s stagnant export growth, while evaluating its future with radical strategic options.

    The well-attended forum saw a large number of industry leaders, exporters and investors. The forum featured a key presentation by MTI CEO Hilmy Cader on ‘Sri Lanka Exports — Confront Reality. Think Strategic. Or?’ which was highly commended by all stakeholders.

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  • Cinnamon training academy opens in Kosgoda

    07/04/2016 Daily News

    07/04/2016
    A purpose-built cinnamon training academy was inaugurated in Kosgoda on Tuesday to serve as a catalyst for heightened competitiveness in Sri Lanka's cinnamon sector at a global level.

    A result of a unique public-private partnership between United Nations Industrial Development Organization (UNIDO) and World Trade Organization (WTO) Standard Trade Development Facility (STDF) project in cooperation with The Spice Council (TSC) of Sri Lanka.

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  • Sri Lanka tea exports increase

    28/03/2016 Daily News

    28/03/2016
    Sri Lanka tea exports showed a marginal increase in February according to Ceylon Tea Brokers PLC review.

    Country wise analysis of exports shows that the Iraq has emerged as the largest export destination from Sri Lanka followed by Russia & Iran. More importantly cumulative exports to Turkey have dropped by 3.05 Mn/Kg (-50.06%) as against the same period last year.

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  • EU fisheries ban: Top Lankan team to visit Brussels

    24/03/2016 Daily News

    24/03/2016
    The Japan farming industry has been changing, especially in the Tohoku region since the 2011 Great East Japan Earthquake and Tsunami. A trend towards less or no chemicals, protecting the environment, and creating the freshest flavors means working with technology while still incorporating a human touch. Tomato Land Iwaki does this with their massive greenhouses, and they are more than willing to give a you a peek--and a taste--inside.

    The bueaty of it that all tomato plants are grown on coir slaps import excualisvly from Sri Lanka. The Sri Lankan company by the name of Riococo exports more than 300,000 coir slabs and over one million seed raising coir starter blocks to the company.

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  • EU fisheries ban: Top Lankan team to visit Brussels

    18/03/2016 The Nation

    18/03/2016
    Lankan fishery exporters (seated left) meet the State Minister International Trade Sujeewa Senasinghe on 17 March at EDB joined by EDB Chairperson & CEO Indira Malwatte (far right) Amidst exporters’ praise on government’s continued efforts to resolve the EU fishery ban, a top team of officials from Sri Lanka is now scheduled to depart for Brussels for decisive talks on the ban.

    The Lankan team shall include members from the Prime Ministerial Task Force on the EU Fishery ban.

    “A top Lankan delegation on the EU Fishery ban is scheduled to leave for Brussels on 30 March” revealed the Chairman of Seafood Exporters Association of Sri Lanka (SEASL) and Managing Director of Global Sea Foods, Prabhash Subasinghe on 17 March at EDB.

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  • First multilateral biz delegation to arrive in Colombo is from C’wealth

    10/03/2016 Asian Tribune

    10/03/2016
    From Left: Commonwealth Businesswomen’s Network (CBN) Executive Director Arif Zaman, EDB Actg DG Himali Jinadasa, EDB Chairperson Indira Malwatte & WCIC Chairperson Ms Rifa Mustapha at 08 March IWD event at EDB. The first ever multilateral biz delegation to arrive in Sri Lanka is marshalled by the Commonwealth of Nations-and the nine-member pioneering team from the Commonwealth Businesswomen’s Network (CBN) that ar n women owned businesses. “This is the first time such a multilateral trade mission has come to Sri Lanka.

    The C’wealth takes great pleasure in its pioneering endeavor to Sri Lanka and similar future missions to other C’wealth members are in offing” revealed Commonwealth Businesswomen’s Network (CBN) Executive Director Arif Zaman on 08 March in Colombo.

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  • Exporters Forum sees over 37 firms voicing issues

    02/03/2016 Daily News

    02/03/2016
    The 8th Export Development Forum at EDB. No less than 37 firms are voicing their issues at the eighth Exporters Forum that opened on 29 February.

    The session, is presided by the State Minister of International Trade Sujeewa Senasinghe. The Exporters’ Forum is a multi-stakeholder platform to assist Lankan exporters. At the previous 7th Forum concluded successfully last November, 72 issues were taken up and 47 were resolved. Several policy related issues of seventh Forum are now being attended to. There has been significant progress in VAT and Quartz related issues that were raised in the seventh Forum.

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  • Ebay targets more export sellers from Sri Lanka as volumes grow

    18/02/2016 Economynext

    18/02/2016
    Ebay said it had tied up with Sri Lanka's HelloCorp to bring in new sellers, as retail export sales form the island have started to grow, despite the lack of remittance services such as Paypal.

    "We see a very huge opportunity for Sri Lanka in the cross border business," Latif Nathani, a Vice President at Ebay said.

    There were already 3,000 sellers in Sri Lanka offering around 9000 items for sale, he said.

    Top exports from Sri Lanka included gemstones, healthcare and natural remedies, handicrafts and men's clothing.

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  • International footwear and leather exhibition from Feb 5-7EDB, Rishad join forces for Lanka exports’ next big hit

    08/02/2016 Asian Tribune

    08/02/2016
     Minister of Industry and Commerce Ridhad Bathiudeen (centre) speaks with Chairman of Fair’s Organising Committee Sithendra Senaratne (left) as Chairperson and CEO of EDB Indira Malwatte (right) looks on at the inauguration of the eighth Footwear and Leather Fair at BMICH, Colombo on 05 February A top Cabinet Minister and Sri Lanka’s apex exports facilitator EDB joined forces on 05 February to create Sri Lanka exports’ next big win-and the bulk of Lankan footwear and leather exports are footwear, rather than leather.

    “It is a great pleasure to see this series of exhibitions initiated by the Ministry of Industry and Commerce in 2007, has today grown to an international level exhibition thanks to the commitment of my Ministry officials, the Exports Development Board, the IDB, and the footwear and leather sector of Sri Lanka” said Minister of Industry and Commerce Rishad Bathiudeen on 05 February in Colombo.

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  • International footwear and leather exhibition from Feb 5-7

    01/02/2016 News.lk

    01/02/2016
    Local footwear and leather manufacturers need to be linked to global markets. This series of exhibitions is the best platform for the Lankan F&L sector to enter competitive global markets, said Addl. Director General, Development, EDB, Jeevani Siriwardena at the pre-event briefing on the International Footwear and Leather Expo.

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  • Sri Lanka’s Rebirth

    25/01/2016 project-syndicate.org

    25/01/2016
    Sri Lanka has been deservedly praised for the progress it has made since the end of the war against the separatist Tamil Tigers in 2009. The economy has grown at an average annual rate of 6.7%, and education and health statistics are impressive.

    All developing countries face myriad challenges, but this is especially the case for a country that has suffered an intense 30-year civil war. The government will need to set priorities; but success will require a comprehensive approach.

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  • No foreign items in Colombo's int’l Footwear & Leather show

    28/01/2016 News.lk

    28/01/2016
    In a new step to enhance the global reputation of Lankan Footwear & Leather (F&L) sector, Sri Lanka’s apex export facilitator EDB locked the presence of any imported F&L items at the forthcoming international Footwear and Leather (F&L) show to be held in Colombo in February, thereby greatly re-assuring the prospective Lankan F&L exhibitors.  Meanwhile, the international reception for the ongoing Colombo F&L series is such that prospective buyers from four countries already confirmed their arrival to EDB.

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  • Ceylon Tea exporters in for better times

    22/01/2016 News.lk

    22/01/2016
    Sri Lankan tea exporters received much needed encouragement and Ministerial level assurance to resolve their travails –and with the involvement of a broad range of stakeholders in future.

     At a special meeting with the exporters at EDB held recently, State Minister of International Trade Sujeewa Senasinghe came forward to assist the tea exporters to resolve their pressing issues and to hold direct consultations with them on a regular basis. Interestingly, the idea of leveraging foreign made teas to strategically enhance Sri Lanka’s tea export goals and sustain its tea hub reputation came under in-depth discussion -with upbeat responses from exporters. Among the firms joining the discussion were Akbar Bros, George Steuart Teas Pvt Ltd, Jafferjee Bros Exports Ltd, and Imperial Tea.

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  • EDB-SLINTEC to enhance research & development access to Lankan exporters

    14/01/2016 News.lk

    14/01/2016
    The Export Development Board (EDB) signed a memorandum of understanding with the Sri Lanka Institute of Nanotechnology (SLINTEC) on 12th January, 2016 with the view to enhance research and development access to Sri Lanka’s exporters.

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  • EASL felicitates new EDB Chairman, hands over ‘Export Strategy Document’

    08/01/2016 Daily FT

    08/01/2016
    The Exporters Association of Sri Lanka, an affiliate of the Ceylon Chamber of Commerce, recently presented a strategy document to Indira Malwatte, Chairperson of the Export Development Board, outlining the issues faced by the exporters.

    The document was handed over during a felicitation ceremony held by the EASL to Indira Malwatte, who was recently appointed as the new Chairperson of the EDB.

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  • Two IT parks for Pallekele and Achchuveli on the cards

    04/01/2016 Daily News

    04/01/2016
    Sri Lanka would set two IT parks in Pallekele Export Processing Zone and the Achchuveli Industrial Zone Jaffna said Minister of Development Strategies and International Trade Malik Samarawickrama.

    Speaking to employees of the Board of Investment(BOI), Department of Mahapola Trust, Department of Import and Exports and Export Development Board (EDB) last Friday he said that in addition new economic zones would be set up in Hambantota, Kuliyapitiya, Kilinochchi, Meerigama, Trincomalee and Avissawella. The existing zones in Kandy (Pallekele) and Mirigama would be redeveloped.

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  • EDB help for construction firms to expand overseas

    17/12/2015 Daily News

    17/12/2015
    Sri Lanka Exports Development Board (EDB) will step up efforts to facilitate local construction companies to expand their services in Myanmar, EDB Chairperson and CEO Indira Malwatte said.

    Under this initiative, the government hopes to employ more Sri Lankan engineers, quantity surveyors, graduates and others in the overseas construction services sector.

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  • President vows fullest support to boost exporters

    17/12/2015 Daily FT

    17/12/2015
    Putting a personal touch on efforts to bolster Sri Lanka’s exports President Maithripala Sirisena yesterday reaffirmed his stance to assist exporters assuring that his Government would leave no stone unturned in supporting foreign exchange earners.

    Attending the Presidential Exports Awards held for the 21st time, following a four year hiatus. President Sirisena pointed out that encouragement is a must as foreign reserves in the country are drying up due to decreasing exports. He termed this downtrend a “point of national urgency.”

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  • Akbar Brothers extends lead as top tea exporter

    17/12/2015 Daily FT

    17/12/2015

    Akbar Brothers Director Tyeab Akbarally receives the award from President Maithripala Sirisena yesterday

    The pre-eminent standing of Akbar Brothers in the Sri Lankan Tea Industry has once again been affirmed and recognised with sweeping accolades at the Presidential Exports Awards.

    Akbar Brothers bagged seven highly-coveted awards at the ceremony held on 16 December, presided over by President Maithripala Sirisena. The company was adjudged the Best Tea Sector Exporter for the years 2010, 2011, 2012 and 2013. In addition, it won the exalted Best Sri Lanka Overall Exporter (All Sectors) for 2010 and the Best Sri Lankan Brand Exporter (All Sectors) for 2012 and 2013. Most impressively, Akbar Brothers had the singular honour of being the only tea company that has qualified for the Presidential Export Awards.

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  • EDB links with three new apparel markets

    01/12/2015 News.lk

    01/12/2015

    EDB links with three new apparel markets

    Powered by the country’s apex exports facilitator EDB, Lankan apparel sector reported a sudden victory when it snatched a new virgin market and some premium global buyers of three other new markets.

    A visiting high powered multinational buyer team finally linked with the EDB reps and Lankan apparel giants on Nov.27 at Mt Lavinia Hotel after a three-year long resolute quest since 2012 by EDB to link with nine top global retailers.

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  • Taiwan Textile Fair concludes in Colombo

    30/11/2015 Daily News

    30/11/2015

    Taiwan Textile Fair concludes in Colombo

    The fourth annual Taiwan Textile Fair concluded at Grand Crystal Ballroom, Taj Samudra Hotel Colombo when. The event was organised by the Taiwan Textile Federation (TTF) and the Bureau of Foreign Trade.

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  • Lankan exports facilitation opens wider

    30/11/2015 Daily FT

    30/11/2015

    State Minister of International Trade Sujeewa Senasinghe (second from right) addresses the Seventh Exporters’ Forum at EDB joined by EDB Chairperson and CEO Indira Malwatte (far right) on 27 November

    Sri Lanka’s apex platform to solve exporters’ issues, the Exporters’ Forum, wrapped its seventh session successfully on 27 November with a significant change to the ongoing interaction process; the Lankan exporters may no longer need to agonise till the next forum announcement to find solutions. “You don’t have to wait for this once in three months’ forum but you can now contact us anytime. As we move towards one stop shop solutions, EDB will be restructured and will be made as attractive as possible to exporters,” announced Lankan State Minister of International Trade Sujeewa Senasinghe.

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  • ‘Sri Lanka ICT exports $ 5 b by 2020’: EDB

    23/11/2015 Daily FT

    23/11/2015

    EDB Chairperson and CEO Indira Malwatte addresses APICTA – 2015 (Asia Pacific ICT 2015) Business Forum event at Cinnamon Lake Hotel on 20 November. From left: EDB Export Services Director Saman Maldeni and APICTA 2015 Co-Chairman Ruwan Amarasekera

    Invigorated by Sri Lanka’s ICT exports surge, the country’s apex export facilitator EDB announced a new ICT/BPO exports target and a mere few hours’ B2B sessions between Lankan and Asia-Pacific ICT firms facilitated by EDB reported a whopping marathon of one-to-one business meet jamboree-right here in Colombo. “Let us try to forge ahead with solid business to business meetings today that will materialise to effective commercial activity. That is how all of us in our region can help each other,” stressed EDB Chairperson and CEO Indira Malwatte on 20 November.

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  • SL has set an ‘ambitious’ 2020 export target: State Minister Sujeewa

    16/11/2015 The Nation

    16/11/2015

    From Left: Arindam Bagchi (Deputy High Commissioner of India to Sri Lanka), Indira Malwatte (Chairperson & CEO-EDB) Sujeewa Senasinghe (State Minister of Strategic Development and International Trade) meet an exhibitor at the Intex South Asia in Colombo

    Notwithstanding the global trade decline, Sri Lanka exports sector is highly ambitious aiming for a five-fold jump of its top export of repute, apparels while China’s premium knitting sector is gearing up to partner with surging Sri Lankan apparel sector.

    “We are looking to increase total apparel exports by five-fold, to $ 20 Bn. And by 2020 we are aiming at $50Bn national exports, which is an ambitious goal,” said Sujeewa Senasinghe (State Minister of Development Strategies & International Trade) on 16 November.

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  • Sri Lankan electronic exports at $343 mn

    08/11/2015 Daily News

    08/11/2015

    Prof Ajith P. De Alwis (Project Director-COSTI), Himali Jinadasa (Actg DG-EDB), and Harin de Silva Wijeyeratne (SLINTEC CEO) at “New Product Innovation and Export of Hi Tech for Economic Growth of Sri Lanka”

    Sri Lanka’s fledgling R&D innovation and start up cluster has hit big time in its maiden funding round and several hi-tech start ups, having crossed their R&D experiments barrier are now poised to commercialise their innovations anytime.

    “The government’s vision is to transform Sri Lanka into a strategically important global economic centre. Increasing the share of hi-tech exports is essential to face the intense competition in the global market” stressed Himali Jinadasa, Acting Director General, Export Development Board, (EDB).

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  • Falling exports due to global downturn: EDB Chairperson

    06/11/2015 The Nation

    06/11/2015
    Sri Lanka’s present exports lull is due to many reasons but chiefly a throwback from the global market fall-and achieving national export targets is not a journey of a sole institution but requires a collaborative, cross-sectoral push, as stressed by the new Chairperson of Exports Development Board on 05 November.

    “Exports are coming down due to various reasons, but chiefly since the global markets have come down-it’s not EDB alone. The Council of Ministers was a beautiful mechanism” announced Indira Malwatte (new Chairperson of EDB) on 05 November.

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  • Sri Lanka’s gem industry eyes recovery

    11/02/2015 The Island

    11/02/2015
    A $1bn revenue target is spearheading Sri Lanka’s efforts to solidify its place as a key source market for gemstones and jewellery, although flat global sales of luxury goods, coupled with labour shortages, risk hindering the country’s efforts.

    Sri Lanka is home to 70 of the world’s 200 varieties of coloured stones, including its best-known export, the Ceylon sapphire. Estimates suggest that 80-90% of the country’s rock formations could hold gem deposits.

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  • Sri Lanka shines at Anuga International Trade Fair in Cologne

    30/10/2015 The Nation

    30/10/2015
    The 33rd Edition of the Anuga International 2015, the biggest General Food and Beverages Exhibition of the world was held in Cologne, Germany from October 10-14, 2015.  7063 companies from 108 nations exhibited their products to the 160,000 trade visitors from 192 Nations.


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  • Indira Malwatte appointed as new Head of EDB

    30/10/2015 Daily FT

    30/10/2015

    New EDB Chairperson and CEO Indira Malwatte (second from right) signs her appointment papers at the EDB yesterday as Ministry of Development Strategies and International Trade Secretary Chandanie Wijewardhana (far left), former EDB DG S. Kulathunga and EDB Actg. DG Himali Jinadasa (far right) look on

    Indira Malwatte took office as the first woman to lead the Export Development Board (EDB) yesterday. “I am very confident of making a positive contribution to the export effort of our country,” newly-appointed EDB Chairperson Malwatte said.


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  • EDB upheaval!

    23/10/2015 Daily FT

    23/10/2015

    State Minister of Development Strategies and International Trade Sujeewa Senasinghe (far right) meets EDB officials (left) joined by Ministry of Development Strategies and International Trade Secretary Chandanie Wijewardhana (on Senasinghe’s right) yesterday at the EDB

    Giving a sudden boost to Sri Lanka’s national exports push, the country’s apex export facilitator, the Export Development Board (EDB) has been directed to perform as a private sector entity henceforth to realise the country’s export reforms.

    This makes the EDB itself a top reform target and formulation of sub sector level export targets with greatly increased export value addition is now on the cards.

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  • EDB moves to stamp Brand Sri Lanka in global batik map

    16/10/2015 Daily FT

    16/10/2015

    Lankan batik producers show a new motif to EDB officials (left) on 8 October in Colombo

    Sri Lanka’s apex export facilitator EDB stepped up its efforts to stamp ‘Brand Sri Lanka’ in the global batik map – and linking with top institutional stakeholders, EDB is directly accessing the SMEs of the country in this new initiative, as announced on 8 October in Colombo.

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  • Sri Lanka to apply for GSP Plus end of this year: Harsha

    06/10/2015 Daily Mirror

    06/10/2015
    Deputy Foreign Minister Dr. Harsha de Silva said that the government would be forwarding the formal application to regain the GSP Plus preferential trade facility from the European Union (EU) by the end of this year in the backdrop of recent international developments. “After the resolution in Geneva passed, we wrote to the EU. Before the end of the year, we will be making the formal application, and hopefully by middle next year we will be able to bring in GSP Plus,” he said.

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  • EDB joins Lanka’s innovation giant to push hi-tech exports, R&D

    02/10/2015 Daily FT

    02/10/2015

    From left: EDB DG-Actg Himali Jinadasa, EDB Chairman & CEO Bandula Egodage, COSTI Chairperson and CEO Prof. Sirimali Fernando, COSTI Project Director Prof. Ajith de Alwis and COSTI Program Director Shehan Ratnavale team up on 30 September at EDB for their pioneering Hi tech-R&D-Innovation Forum for Lankan CEOs slated before end of this year in Colombo

    As Sri Lanka’s ranking surged in the latest Global Innovation Index, two apex Lankan state institutions are joining forces for the first time to boost the country’s hi-tech and innovation exports to the next level – and first ever hi tech R&D and Innovation Forum for Lankan CEOs is now on the cards, as revealed on 30 September in Colombo. “We welcome COSTI’s collaborative interest to partner with EDB. It is time we join forces to help our hi-tech exports to the next level,” said EDB Chairman and CEO Bandula Egodage.

    Chairman Egodage was in discussions with the three-member team from the Coordinating Secretariat for Science, Technology and Innovation (COSTI) of Sri Lanka. The 2013 established COSTI is the apex Lankan body coordinating and monitoring science, tech and innovation in the country while promoting value addition and commercialisation of them in line with the National Science Technology and Innovation (STI) Strategy of Sri Lanka. Visiting COSTI team consisted of COSTI Chairperson and CEO Prof. Sirimali Fernando, Project Director Prof. Ajith de Alwis and Program Director Shehan Ratnavale. Joining the discussion were EDB DG-Actg Himali Jinadasa and other top officials and sector directors of EDB.

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  • Sri Lankan Goldsmiths – Jewellery Makers of Sri Lanka

    18/09/2015

    18/09/2015

    Sri Lanka has been known for exquisite jewellery designs made with gold and silver and decorated with precious gems for nearly three thousand years.

    Country's most famous political prisoner of all times, Robert Knox, observed that many women in ancient Sri Lanka at least owned one piece of exquisitely made gold or silver jewellery adorned with a precious stone.

    Gold and silver jewellery plays a larger part in Sri Lankan culture, they are an essential part of a local bride's trousseau regardless of her economic and social standards and is among the first of the investments parents make for their daughters. 

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  • The Adventures and Romance of Gem Mining in Sri Lanka

    17/09/2015

    17/09/2015

    The search for a colourful precious gemstones is a struggle between life and death to many gemstone miners in Sri Lanka, who risk their lives deep inside the gem pits in search of the precious bounties of the earth. The earth’s greatest concentration of gems in over 50 varieties is found within the country’s land area of approximately 25,000 square miles. 

    Mining for gem stones is a group attempt in Sri Lanka, where a group of miners combine effort with a landowner and an investor to search for that one gemstone that would fetch them an earth shattering price.

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  • Celebrated Ruby Gems of Sri Lanka

    17/09/2015

    17/09/2015

    Famed for their clarity and distinct pink red colour rubies from Sri Lanka has had a special place in global history.

    A giant ruby from Sri Lanka helped King Solomon win the heart of Queen Sheba and another in his regal ring carried magical powers, and even after several thousand years, Sri Lankan rubies are celebrated for their colour, cut and quality.

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  • Great Expectations

    06/09/2015 Sunday Leader

    06/09/2015

    Chairman of FACETS Sri Lanka Juzar Adamaly said that the next goal of FACETS Sri Lanka is to establish Colombo as the Gem and Jewellery Hub of Asia. He made this remark while officially declaring the opening of 25th ‘FACETS Sri Lanka’ International Gem and Jewellery Exhibition in BMICH.

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  • Over 150 exhibitors at Facets 2015 today

    03/09/2015 Daily News

    03/09/2015

    FACETS Sri Lanka 2015, the annual international gem and jewellery show, will be the flagship event of the sector.

    More than 150 exhibitors will showcase their products from today till Sunday at the Sirimavo Bandaranaike Memorial Exhibition Centre. . “It is over a 10,000 foot fall this year throughout the four days of the exhibition. A large number of buyers from China have confirmed while over 100 international buyer delegation are expected to attend the show from China, India, Dubai, Singapore, Thailand, Hong Kong, USA, Russia, Norway and Germany,” one of the top gem and jewellery exhibitors Zam Gems Managing Director Ahsan Refai told the Daily News business.

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  • Harsha says SL needs economic reforms

    26/08/2015 Daily FT

    26/08/2015

    Sri Lanka will seriously consider economic reforms during next five years to make its production of goods and services “the most efficient and competitive” in this part of the world, MP Dr. Harsha de Silva said.

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  • Sri Lanka inks three MoUs with Hong Kong, Thailand and Korea

    25/08/2015 news.lk

    25/08/2015

    Sri Lanka has signed three memoranda of understanding with Hong Kong, Thailand and Korea yesterday to boost regional trade.

    Sri Lanka-Hong Kong’s HKTDC, Sri Lanka-Korea’s KOTRA and Sri Lanka-Thailand’s DITP were the three MoUs signed yesterday.

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  • Three int’l MoUs at first Colombo ATPF tomorrow

    24/08/2015 EDB Media

    24/08/2015

    ATPF is joined in Colombo by Sri Lanka’s Ministry of industry and Commerce, EDB and JETRO

    The first ever series of international MoUs to blossom under Sri Lanka’s new consensual government are scheduled to go live tomorrow 23 August in Colombo-and the historic pacts are centred around none other than Sri Lanka’s global trade. “Sri Lanka EDB is proud to host the 28th CEO meeting of the Asian Trade Promotion Forum (ATPF) in Colombo. ATPF has honoured Sri Lanka by bringing this series to Colombo for the first time in its history” said Bandula Egodage (Chairman & CEO of EDB) on 21 August.

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  • EDB clinches Asia's Best Employer Brand glory

    21/08/2015 Daily News

    21/08/2015

    Sri Lanka's apex export facilitator EDB has clinched a top global talent award and has also emerged as a pioneer Lankan public institution to win the coveted accolade, as revealed on 16 August.

    "The EDB has won Asia's Best Employer Brand Awards 2015 as recognition for the valuable contribution made by it to be the Most Sought After Employer. I am pleased to say that we won this award having competed with 33 countries," said Bandula Egodage, Chairman and CEO-EDB.

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  • Sri Lanka's Batik Industry -heading for a vibrant future

    21/08/2015

    21/08/2015

    Originally a Javanese word which meant 'writing with wax', batik has come a long way since it was spread across East Asia by Dutch colonial officers.

    Originated in Indonesia and introduced to Sri Lanka by Dutch at the turn of the 19th century, the batik industry in Sri Lanka has developed into a unique form of textile art exclusive to the country.
    Originated as a primary art of fabric dying, Batik has evolved into a vibrant industry of fabric art in Sri Lanka, Malaysia, Indonesia, Japan, Vietnam, Philippines, Thailand and Singapore with their own identity, methodology and design.

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  • Sri Lankan Hand looms- a colourful tradition from the past

    20/08/2015

    20/08/2015

    The legendary beginning of the Sri Lankan history also provides clues of a well-developed Sri Lankan weaving industry nearly three thousand years back, and even today Sri Lankan hand loom products portray their rich heritage and cultural diversity in their designs and technologies.

    According to the Great chronicles or Mahavamsa, Princess Kuweni the sorcerer princess of Sri Lanka was busy at her weaving wheel when the Indian cast ashore and rebel Prince, Wijaya met her at Tammanna or present day Mannar in Sri Lanka, turning a new page in country's history and starting a new line of rule in Sri Lanka.

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  • Int'l conference on Fisheries, Aquaculture exhibition from August 25 - 26

    14/08/2015 Daily News

    14/08/2015

    The second edition of international conference on Fisheries and Aquaculture exhibition 2015 organized by the International Institute of Knowledge Management will be held from August 25 - 26, 2015 at Hotel Galadari.

    The conference is co-hosted by World Aquaculture Society, National Aquatic Resources Research and Development Agency and Export Development Board.

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  • Sri Lanka coco peat sector in first int’l breakthrough

    06/08/2015 Daily FT

    06/08/2015

    Sri Lanka’s historic coconut based exports received a new lease of life on 4 August as a top Japanese coop-federation – also considered as a leading agro association in the world – started directly partnering with apex export entity, the EDB to strengthen the surging sector. The Lankan coconut sector is getting another international breakthrough with the first ever Lankan coco peat delegation scheduled to leave for Japan this October, facilitated by EDB. “We welcome Japan Zen-Noh’s assistance. It is time to focus on value added coco peat and other coconut based exports,” stressed EDB Chairman and CEO Bandula Egodage on 4 August in Colombo. Egodage was addressing the visiting four-member delegation from Japan Zen-Noh (Japanese National Federation of Agricultural Cooperative Associations) who arrived to begin their Lankan partnership through coco-peat export product support – in that the visiting team has commenced their technical consultancy to develop coco peat products in Sri Lanka to identify constraints in production of coco peat, obtain technical consultancy to overcome problems, create awareness of Lankan coco peat industry to Japanese buyers, introduce Sri Lanka to Japan as a capable and reliable supplier of coco peat and promote Sri Lankan coco peat in Japan through Zen-Noh.

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  • Sri Lankan Apparel; creating global high street fashion

    03/08/2015

    03/08/2015
    Lanka designer clothes

    With the relaunch of Sri Lanka as an ethical source of garment manufacturing across the world, a large number of global brands are turning to the specialised knowledge of Sri Lankan apparel manufacturers to deliver the best of high street fashion to the consumer across the world.

    With a specialised knowledge and improved awareness, apparel manufacturers makes nearly 90% of the apparel industry in Sri Lanka and joint ventures between local garment manufacturers and international fashion houses accounts for almost three quarters of the garment manufacturing facilities in the country.

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  • Sri Lankan virgin coconut oil; the nature's best

    30/07/2015

    30/07/2015
    Sri Lankan virgin coconut oil

    Although coconut oil had been in use for the nearly three millennia, it has faced changing reactions during the last century. Yet the discovery of the virgin coconut oil and the spread of its production has helped to revive the receding reputation of coconut oil. Extracted from fresh coconut meat without chemical processing, Virgin coconut oil (VCO) isthe "mother of all oils", celebrated for its purity and nutrition.

    Used as a substitute for animal and vegetable based oil, fat and butter during the time of shortages caused by the second world war, coconut oil was banned from western markets and was tabooed as a direct cause of heart diseases due to the presence of saturated fat in RBD coconut oil.

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  • Coir Brushes; cleaning the natural way

    29/07/2015

    29/07/2015
    Natural coir brushes from Sri Lanka

    Coir, the thickest and the most strongest of the natural fibres, is a short and coarse fibre, with a low decomposition rate. Extracted from the outer husk of coconuts, coir based products has been a part of Sri Lankan daily life for centuries.

    Sri Lanka is among the main coir manufacturers in the world with Sri Lankan coir and coir based product manufacturer catering to nearly 40% of the global demand. Sri Lanka is also the largest supplier of brown fibre to the world with an annual exportation of 100,000 mt.

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  • Sri Lankan Solid Rubber Tyres -Steering the globe ahead

    27/07/2015

    27/07/2015
    solid rubber tyres from Sri Lanka

    Image Source : University of Ruhuna

    Being the producer of some of the world's best natural rubber, Sri Lanka is also the main producer of solid industrial and specialised rubber tyres, that suits vehicles carrying heavy loads under extreme driving conditions.

    Manufactured from advanced natural compounds through intricate moulding operations, solid rubber tyres include tyres used in forklifts, land mowers, skate boards, golf carts, scooters and many types of industrial vehicles including heavy trucks, carts and trailers. Unlike the pneumatic tyres, solid tyres are not filled with air and can endure high pressure and weight without bursting and are more durable for wear and tear, that occurs when handling industrial type weight.

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  • The Natural Rubber Industry of Sri Lanka

    27/07/2015

    27/07/2015
    Sri Lanka natural rubber industry

    Image Source : University of Ruhuna

    The natural rubber industry in Sri Lanka is one of the enduring colonial legacies that is providing sustained socio- economic benefits to the country, even today.

    Started in 1876, with the planting of 1,919 rubber seedlings at the Henerathgoda Botanical Gardens in Gampaha, Sri Lankan that became the origin of an uninterrupted and profitable supply chain of an agricultural commodity, Sri Lankan natural rubber has since acquired the status of an industrial raw material with a global significance.

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  • Manufacturing World's Best Quality Rubber

    27/07/2015

    27/07/2015
    Sri Lanka natural rubber products

    Comprising nearly 4530 small, medium and Large scale manufacturing units Sri Lanka'srubber industry is a billion dollar business employing nearly 300,000 Sri Lankans directly and indirectly.

    As the world's Sixth largest rubber exporter and the Seventh largest rubber producing country Sri Lanka produces and delivers an annual turn over of nearly 98,000 metric tons of best natural rubber products including Sheet rubber, crepe rubber, technically specialised rubber varieties, and latex concentrate.

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  • Reclaimed Rubber – towards a sustainable future

    27/07/2015

    27/07/2015
    Recycled Rubber products from Sri Lanka

    Where do good dead tires go? They go to play grounds as play ground tiles.

    Reclaiming and reusing of old and used tyres is an essential part of rubber production to ensure a sustainable use of a man made product.

    For many years scrap and old tyres were burnt and used as a land filing material but the greater toil it has on environment compelled global rubber tyre manufacturers look for other avenues to recycle and reuse the mounting heaps of scraped tyres.

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  • Sri Lankan medical gloves – a naturally caring touch

    27/07/2015

    27/07/2015
    latex gloves from Sri Lanka

    Produced using some of the best natural rubber latex in the world, medical gloves made by Sri Lankan glove manufacturers are found across the world from rural medical centres in mountainous Bhutan to the world's leading hospitals in Europe.

    With nearly 5% of the global demand for medical gloves produced by Sri Lanka glove manufacturers, the country plays a large role in global medical supply chain, in ensuring the well being of medical practitioners and patients across the globe.

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  • Sri Lankan Fashion designs in Global Catwalk

    27/07/2015

    27/07/2015
    Sri Lankan fashion designers

    As an almost one decade long attempt by Sri Lankan apparel industrialists to transform the country's garment production trade to a full pledged fashion industry matures into position, a new generation of Sri Lankan fashion designers are making an entrance into the global catwalks.

    While Sri Lankan apparel manufacturers have long being producing latest of designs for leading fashion houses like Ann Taylor, Banana Republic, C&A, Calvin Klein, Chantelle Group, Columbia, Gap, Gloria Vanderbilt, Intimissimi, Lands’ End, Marks & Spencer, Next, Old Navy, Polo Ralph Lauren, Sainsbury, The Limited, and Victoria’s Secret, a number of local fashion designers, produced by local design academies are creating their own niche in global fashion scene.

    Leading a local movement to establish a new fashion trend that embraces the Sri Lankan heritage, a group of young fashion designers are creating unique designs in high street fashion, haute couture and sports wear for local and global market.

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  • Emerging technologies in Sri Lankan Apparel Industry

    24/07/2015

    24/07/2015
    Sri Lankan Apparel Industry

    Amidst a growing competition from Asian and East Asian countries with Cyclopean trade zones dedicated to garment production, Sri Lankan fashion and Apparel manufacturers has succeeded in carving a unique niche through heightened ethical practices in labour and environment management.

    Sri Lanka's bold initiative in promoting value against volume in a highly competitive global market succeeded in earning the country an export revenue of nearly Rs. Five billion through garment exports in the last year, placing the local fashion and garment industry as the top foreign revenue earner over traditional exports like Tea, coconut and tourism.

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  • #WhoMadeMyClothes – The quest for ethically produced garments

    24/07/2015

    24/07/2015
    the quest for ethically produced garments

    The evolution of Sri Lanka's apparel manufacturing process from the status of a mere sewing operator dependent on the textile quotas provided by USA and EU to a major Fashion hub involved with the full cycle of garment production from the design table to the shelf depended on a cleverly placed global and local initiative to change the Sri Lankan approach to garment manufacturing.

    After the discontinuation of global quota system in apparels in the year 2005, Sri Lankan garment manufacturers came up with a clever placement of Sri Lankan apparel trade as the most ethical source of garment manufacturing in the world.

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  • The Future in Fashion; A New Generation of Fashion Designers in Sri Lanka

    24/07/2015

    24/07/2015
    Fashion Designers in Sri Lanka

    Sri Lankan apparelindustry is now the country's top most foreign exchange earner and a billion dollar industry, fuelled by innovative thinking and designs of a generation of innovative young fashion designers.

    Having built itself a global reputation for environment sustainable and labour friendly practices, Sri Lankan apparel manufacturers are seeking to infuse local designs, material and fabrics in to the production of fashion apparels for global market, in an ambitious attempt to develop Sri Lanka in to an Asian fashion giant.

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  • Rubber footwear from Sri Lanka

    23/07/2015

    23/07/2015
    Footwear made with natural rubber

    Worn by all, rich and humble alike, rubber slippers, shoes and boots are a must have for all the men, women and children alike and is one of the most widely produced footwear products in the country.

    The most popular rubber footwear of all are the rubber slippers, also known as flip-flops or thongs which are worn on many a feet, whether they are inside the house or outside.

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  • Sleep on natural rubber Latex mattress for improved comfort and health

    23/07/2015

    23/07/2015
    natural rubber from Sri Lanka

    With a natural resistance against dust mites, bed bugs and microbial orgasms; a high buoyancy and elastic qualities natural latex mattress provides a better goodnight sleep and a luxurious feeling.

    A comfortable sleep requires a responsive surface for pressure relief and appropriate support for the spine and body shape. While mattress manufacturers have been experimenting with various natural and synthetic material for the last five decades trying to find the best combination for an ideal mattress, natural rubber latex has emerged as one of the most suitable materials to create the dream mattress.

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  • Ceylon Sapphires, Alexandrites and Rubies : With Peerless Glitter & Priceless Value

    22/07/2015

    22/07/2015
    Ceylon Gemstones

    Sri Lanka has been called 'Rathnadvipa' or 'the land of gems' from time immemorial. The allusion is telling given the widely held belief that nearly 70% of the landmass potentially hoards some of the world's most precious stones. The abundance of gemstones on Sri Lankan soil is such that out of some 200 minerals that are classified as gemstones, about 75 varieties are found in Sri Lanka.

    For centuries, Sri Lanka has earned great global renown for its blue sapphires, star sapphires, star rubies and pathmaraga sapphires. Boasting an unusually fine quality, Sri Lankan sapphires come in a wide range of enchanting hues, from deep blues to legendary delicate pinks. The Ceylon blue sapphire is also one of the few sapphires in the world that can be sold as a perfectly natural stone sans heat treatment. All these highly merchantable qualities of Ceylon sapphire help it claim great recognition worldwide - a brand created more by the sellers and consumers than by the producers of the stone.

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  • Dutch Lace Makers of Galle

    22/07/2015

    22/07/2015
    Dutch lace making

    Refined into an art at the royal courts of Portugal and developed into an industry in the annals of Dutch Galle, the delicate art of beeralu or Dutch lace making has endured the test of time over generations.

    Once an essential part of the dress of a Southern Belle, Dutch lace is making a comeback in the local fashion scene, thanks to a large number of young designers, who are seeking to add a local touch to their international designs.

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  • Precious gemstones from Sri Lanka

    17/07/2015

    17/07/2015
    Sri Lankan gemstones

    Of the 200 minerals, that have been classified as precious gemstones, 75 are found in abundance in Sri Lanka, making this pearl shaped small island a big player in global gem and jewellery market.

    Sri Lanka ranks with Myanmar, Brazil, South Africa and Thailand as one of the world's most important gem-bearing nations. Although Sri Lanka is largely known for precious sapphires and rubies, the main types of gemstones found in Sri Lanka belongs to five major categories, which are; corundum, chrysoberyl, spinel, garnet and tourmaline.

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  • Adding lustre to Priceless Gems of Sri Lanka

    17/07/2015

    17/07/2015
    Gem faceting

    With a growing global reputation as a central hub for cutting and polishing diamonds and precious gemstones, Sri Lanka is a main supplier of precious stones to leading jewellery designers and watch making brands in the world.

    Nearly 3000 organisations equipped with trained staff, state-of-the-art equipment and generations of experience are engaged with the task of shaping raw and uncut gemstones to their best look prior to exportation.

    Sri Lankan miners, jewellers and gem traders have been experts in bringing out the best colour, clarity and texture of a gemstone for nearly 30 centuries. Even the earliest gemstones found during the archaeological excavations show signs of advance faceting compared to the rudimentary polishing and cutting methods used in other gem trading countries like India.

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  • Sri Lankan Seafood, the bounties of the Indian Ocean

    17/07/2015

    17/07/2015
    Fresh Seafood from Sri Lanka

    With an average of over 18,000 mt seafood exports per year, bringing home nearly US$ 250 million in revenue, Sri Lankan Fisheries industry is growing into a major contributor to Sri Lankan exports.

    As a tiny island surrounded by the Indian Ocean, Sri Lanka is blessed with a large fishing ground filled with the most delicious bounties of the Indian Ocean. With a long history of harvesting the benefits of the surrounding ocean, Sri Lanka is home to a large fishing community who brave mighty waves to bring home the best seafood from the Indian Ocean.

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  • Sri Lankan Food & Beverage - Nutrition in every bite

    17/07/2015

    17/07/2015
    Sri Lankan Food and Beverage

    Although processed food is being painted the villain in the global food scene, a group of Sri Lankan processed food manufacturers are seeking to revive the reputation of processed food by combining nutritious value with convenience and taste.

    In an age, where processed food with a high amount of salt, sugar and oil is being rejected by the majority of the consumers, Sri Lankan processed food manufacturers are combining innovative food processing methods with highly nutritious ingredients to prepare food products that are high in taste and goodness.

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  • Nutritious and delicious salads, pickles and desserts in jars from Sri Lanka

    16/07/2015

    16/07/2015
    Pickled Foods

    Craving for a healthy salad for lunch or a light pudding for dessert? Look no further as an innovative range of salads, pickles and desserts made with fresh Sri Lankan fruit and vegetable are now available worldwide to beat your hunger.

    Made with the freshest pick of Sri Lankan vegetable, meat and seafood; salads in a jar serve the taste and health needs of a large range of consumers from young to old to sick to able. Packed into a palm size jar and chopped into bite sizes, a variety of fresh salads ranging from chicken caesar, chicken noodle, prawns, egg and bacon, soya beans and ham, shredded spring salad, sweet fruit salad and tomato salad are produced by a number of innovative Sri Lankan food producers.

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  • Traditional goodness in a cup - Herbal Tea or Tisane of Sri Lanka

    16/07/2015

    16/07/2015
    Herbal Tea

    Free of caffeine and high in antioxidants and essential vitamins and minerals, herbal teas have been an intricate part of traditional Sri Lankan lifestyle.

    Unlike the tea made from tea plant (Camellia sinensis), herbal tea or tisane has a long history as a Sri Lankan traditional beverage and has been one of the main beverages consumed by ancient Sri Lankans before the introduction of coffee and tea to Sri Lanka by British colonial planters.

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  • Organic Farming in Sri Lanka

    15/07/2015

    15/07/2015
    Organic Farming in Sri Lanka

    As more and more consumers worldwide adopt a sustainable lifestyle that suits the global ecosystem, the demand for organic food products have increased by four-fold during the past five years, making once an unprofitable farming method lucrative and in demand.

    Gluten, a protein composite found in wheat, barley and rye, is the component which gives flour dough its elastic texture helping it rise and keep it shape. Gluten has been a popular plant protein worldwide and has been a part of human food cycle for nearly thousand years.

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  • Gluten-free food product exports from Sri Lanka

    14/07/2015

    14/07/2015
    Gluten-free food products from Sri Lanka

    With a traditional diet consisting of highly nutritious and gluten free dishes made of rice, rice flour, red millet, red millet flour and a varying range of grams and yams, Sri Lankans have been able to evade the present global controversy over gluten by sticking to the conventional way of living.

    Gluten, a protein composite found in wheat, barley and rye, is the component which gives flour dough its elastic texture helping it rise and keep it shape. Gluten has been a popular plant protein worldwide and has been a part of human food cycle for nearly thousand years.

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  • Creating art with coconut wood

    14/07/2015

    14/07/2015
    Creating art with coconut wood

    As a country with a long standing tradition established around the coconut tree, Sri Lankans have had a few traditional uses for coconut wood from producing furniture and household items to using them in roofing as rafters.

    Due to lack of regenerative tissues, the coconut tree does not increase in width with age and maintains a trunk diameter of 20cm to 30cm with an average height of 25 meters. The composition of the coconut timber is similar to conventional hardwood and performs well as a substitute for hardwood.

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  • Different flavours and uses of coconut

    14/07/2015

    14/07/2015
    Coconut based products

    From super hydrating coconut water to oil rich coconut milk and gluten free coconut flour, coconut is a source of varying tastes and food products, feeding a world with nutritious and tasty products that are easy to prepare and good to eat.

    For every Sri Lankan that ever lived, coconut palm is equal to a wonder tree that delivers to a variety of products from food, cleaning material to shelter.

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  • ‘Only 4% of Ceylon Tea brewed locally’-EDB

    10/07/2015

    10/07/2015

    EDB chairman Bandula Egodage addresses the “Promotion of Value Added Tea Exports” session held on 10 July at EDB.

    A whopping 96% of Pure Ceylon Tea production volumes leave Sri Lanka to serve eager global buyers while only 4% of it is brewed locally –and the Lankan tea sector is now called to lead the value addition way on 10 July. “Pure Ceylon Tea exports grew by 5.4% in 2014. Only 50% of tea export revenues came from value added while other 50% is from raw tea exports” revealed Bandula Egodage (Chairman & CEO-EDB) on 10 July.

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  • Fresh fruit and vegetable exports from Sri Lanka

    10/07/2015

    10/07/2015

    Sri Lanka exports nearly 60,000 metric tons of fresh fruits and vegetables annually with 90% of the production being exported to Middle East and Maldives, earning an income of US$ 69.1 million in the year 2014.

    With a climate and soil conditions proven ideal to the growth of fruits and vegetables, Sri Lanka has been known to produce a large variety of tropical delicacies in demand worldwide. Agriculture, being one of the most popular livelihoods in Sri Lanka, the local markets experience an influx of fresh fruit and vegetable products during the harvesting seasons.

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  • Relish scrumptious confectionery and bakery products from Sri Lanka

    10/07/2015

    10/07/2015

    The crispy brownish cookie feels fresh on the tongue. The chocolate coating sandwiched between the two square-shaped cookies melt in the mouth creating a divine flavour. In a moment, only fabulous after-taste is all that remains of the biscuit. Clutched between thumb and forefinger, the next one of the biscuits leaning downwards in the row come off the hastily torn cover. The same course ensues for the next one and the rest that remain. Wash it down with a cup of well-brewed, fresh tea and the feeling will be little short of 'simply awesome!'

    Whether it's sweet biscuits or chocolate or savoury crackers, confectionery and bakery products from Sri Lanka tingle your tastebuds like no other. Perhaps in keeping with the age-old reputation for hospitality, Sri Lankan bakers and confectioners have mastered the art of taste and concocted a tantalizing array of baked and confectioned delicacies over the years. The news of superior quality and taste has reached offshore into the overseas, resulting in a huge demand for confectionery & bakery product from Sri Lanka.

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  • Coconut tree, the wonder tree of Sri Lanka

    10/07/2015

    10/07/2015

    We use it in our cooking as oil and as coconut milk, its wood in furnishing and construction, leaves and coconut husks as firewood and in producing coir and coconut shells in kitchen utensils. In short, coconut tree makes the world turn around for many Sri Lankans today as it did thousand years back.

    Coconut is also one of Sri Lanka's three major export crops, bringing home a total revenue of US$ 537.52 millions last year. Known for its great versatility, coconut tree is one of the most important trees in Sri Lanka, may the guidelines be economical or cultural.

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  • Over 10,000 buyers expected at Facets 2015

    09/07/2015 Daily News

    09/07/2015

    SLGJA Chairman A.P. Jayarajah, Facets Sri Lanka 2015 Chairman, Juzar Adamaly, Export Development Chairman Bandula Egodage and Foreign Promotions Chairman Armil Sammoon.

    Sri Lanka’s largest gem and jewellery Facets 2015 will pave the way for local gem and jewellery dealers to showcase their products for international markets.

    This will also enable small players in the industry to enter into the international arena. “We are expecting over a 10,000 participants this year throughout the four days of the exhibition. A large number of buyers from China have confirmed whilst over 100 international buyer delegation are expected to attend the show from several countries, Chairman Facets Sri Lanka Juzar Adamaly to the media conference held at Cinnamon Grand hotel. The event will be hosted by the National Gem and Jewellery Authority (NGJA) and the SME pavilion from the Sri Lanka Export Development Board (EDB)

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  • ‘Well documented scientific evidence vital for Ayurveda industry boom’: Rajitha

    04/07/2015 Daily FT

    04/07/2015

    Minister of Health and Indigenous Medicine, Rajitha Senaratne, stressed the need for proper documentation and scientific evidence to exist within the practice of native alternative medicine in order for it to be shipped to international markets.

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  • Sri Lanka joins China's Asian Infrastructure Investment Bank

    03/07/2015 news.lk

    03/07/2015

    Just as Sri Lanka vies for China’s booming export market, imports from China-and Sri Lanka is an ‘important location’ in China’s strategic Silk Road Economic Belt project and China’s new “World Bank”, as revealed by Xiong Yan (Director-Yunnan Daily Press Group International Communication Center) on 02 July in Colombo..”Sri Lanka is an important link in China’s $40 Bn Silk Road Economic Belt, which is a mutually beneficial project for both Sri Lanka and China. We also are pleased of Sri Lanka joining the Asian Infrastructure Investment Bank (AIIB) this June” he further said.

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  • Multiple uses of coconut shell activated carbon

    08/07/2015

    08/07/2015
    coconut shell activated carbon

    With an ideal pore structure to trap contaminant molecules, Coconut shell activated carbon is one of the most preferred filters in the industrial world today.

    Unknown to most of us, activated carbon plays a large role in our lives today. Humans drink water purified with it, breathe the air that has been scrubbed clean with it, eat food purified from it, wear clothes made with the help of it, go to war with it and heal ourselves with it.

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  • Coconut flour - a healthy choice in baking

    08/07/2015

    08/07/2015
    Coconut Flour

    A natural by-product of coconut milk production, coconut flour is made out of dried coconut meat and is gaining grounds in international markets as a gluten and wheat free, high fibrous alternative to grain-based flour products.

    The scraped white kernel of the coconut is used to extract coconut milk and the left-over is dried in low temperatures and is grounded into a soft powder to make coconut flour, popular among the health conscious and those adhering to a wheat free diet.

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  • Coconut milk and Cream : offering the core nutrients for life

    07/07/2015

    07/07/2015
    Creamed Coconut

    Coconut and coconut based food products has been oscillating between good fat and bad fat groups for the last few decades and have finally proven to do more good than bad to the human body.

    Made from the soft white kernel of the coconut, coconut milk has been a necessary part of Asian cooking for thousands of years and has been a major source of protein and fatty acids to Sri Lankans, Indians and inhabitants of Pacific Islands.

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  • More value addition will drive the growth of Sri Lankan Coir industry

    07/07/2015

    07/07/2015
    More value addition will drive the growth of Sri Lankan Coir industry

    Sri Lanka is the world's largest exporter of coir fibre and coir fibre based products, exporting a multitude of raw coir fibre and value added coir products to industries ranging from agricultural and horticultural developers to auto-mobile producers across the globe.

    Since the introduction of industrial coir manufacturing in the country in 1900's, Sri Lankan coir manufacturers have been the main suppliers of raw coir fibre and coir fibre based products to the global coir market.

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  • Sri Lankan Vanilla cultivators and suppliers are catering to a growing global demand

    07/07/2015

    07/07/2015
    Sri Lankan Vanilla cultivators & suppliers are catering to a growing global demand

    Once a jealously-guarded secret of the North Mexican Totonac tribe, who believed in a divine connection between the Vanilla orchid and their tribal deities, vanilla was introduced to Europe by Spanish conquistadors, who are also ironically credited with the introduction of chocolate.

    Until the 19th century the global vanilla demand was exclusively met by the Mexican as the first attempts at growing vanilla outside Mexico proved ineffective due to the symbiotic relationship between the vanilla orchid and its natural pollinator, a local species of bee.

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  • Health Benefits of Pure Ceylon Cinnamon

    07/07/2015

    07/07/2015
    Health Benefits of Pure Ceylon Cinnamon

    Pure Ceylon Cinnamon or true cinnamon, as it is known across the world today, carries many health benefits backed by scientific and medical research.

    Among its most celebrated health benefits is the cinnamon's ability to control blood sugar. According to the latest medical research cinnamaldehyde in cinnamon is capable of reducing the blood sugar level by 3-5%, similar to the early generation of diabetes medication. A combination of Ceylon Cinnamon, healthy diet and regular exercise is recommended as an ideal pre-diabetic life style to prevent the development of type-2 diabetes.

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  • Sri Lanka Supplies Top quality Cardamom to the World Spice Market

    02/07/2015

    02/07/2015
    Ceylon Cardamom

    Cardamom, the queen of spice, with a sweet mixture of aroma and flavour, is the third most expensive spice in the world spice market second only to saffron and vanilla.

    Part of the ancient family of spices, cardamom was used as a tooth cleaner by ancient Egyptians, while the Greeks and Romans used cardamom as a source of fragrance in perfumes and air fresheners. Ancient Chinese and Indian herbal medication also involved cardamom as a main ingredient and were among the main cultivators of cardamom.

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  • The History of pure Ceylon Cinnamon, the Spice of Life

    02/07/2015

    02/07/2015
    The History of pure Ceylon Cinnamon

    Pure Ceylon Cinnamon, known as the spice of life, has been an important part of human life since the beginning of history and Sri Lanka as the source of the world's best cinnamon has been wrapped in Myths and legends

    The first records on sweet cinnamon or Pure Ceylon Cinnamon in History appears in the Hebrew Bible as an essential ingredient in consecrated incense and even the new testament mentions cinnamon's fragrance in proverb 7:17, "I have sprinkled my bed with myrrh, aloes and cinnamon ".

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  • Ceylon Spice Condiments - the Exotic Taste of the East

    02/07/2015

    02/07/2015
    Ceylon Spices

    Sri Lanka, India and many other Asian countries have a history of concocting spice condiments with home-grown spices to enhance the flavour of their ethnic dishes. Made mainly with fresh ingredients, these spice mixtures include numerous curry powders, curry pastes and sauces, made to a time-tested recipe.

    Most of Eastern curry powders are made by grinding coriander, cumin, turmeric, cinnamon, dill, sweet cumin, chilli, ginger, curry leaf, mustard, garcinia, clove, black pepper, garlic, screw pine, lemon grass and cardamom into a mixture, and are usually used in preparation of vegetables, lentils and yams.

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  • Discover 8 ways pure Coconut Oil improves your health

    02/07/2015

    02/07/2015
    Coconut Oil

    Hailed as a 'superfood' in the truest sense of the word, coconut oil boasts a unique combination of fatty acids that lead to effective fat burning, better cognitive function along with a range of other health benefits.

    1. Coconut Oil contains fatty acids with potent medicinal properties

    Coconut oil is one the richest sources of 'staurated fat' known to man, with almost 90% of the fatty acids in it being staurated. Due to the same fact, it wasn't long ago that coconut oil was blamed as a principal cause of heart problems.

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  • Sri Lanka’s ’15 Kunming take surpasses $2M

    02/07/2015

    02/07/2015

    EDB Chairman & CEO Bandula Egodage addresses the press Kunming Fair briefing joined by Jeevani Siriwardene (ADG-EDB-far left), Dr Yousuf Maraikkar (ED-EDB, second from left) and Himali Jinadasa (Acting DG-EDB-third from left) on 30 June at DHPL Auditorium, Colombo.

    Sri Lankan biz, facilitated by EDB strongly raged at the recent Kunming international fair in China notching initial an income surpassing $2 Mn-and some eager Lankan firms are still continuing in the mainland having been asked by keen Chinese firms to stay back and conclude initial agreements for future biz, as revealed on 30 June.

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  • Amazing Uses of Pure Ceylon Cinnamon in Beauty Care

    30/06/2015

    30/06/2015
    Pure Ceylon Cinnamon

    The newest addition to cinnamon's medical and health benefits include its innumerable beauty benefits to skin, teeth and hair.

    Ceylon Cinnamon has proved to be more than just a tasty spice and with the lowest amount of coumarin, Ceylon cinnamon has been proven to have a wide spectrum of health benefits ranging from anti-cancer, antibacterial, antioxidant action to improvement of memory, alertness and reducing blood sugar and stress.

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  • Ceylon Pepper Hailed as the 'King of Spices'

    30/06/2015

    30/06/2015
    Ceylon Pepper

    Considered one of the most important spices since the beginning of known history, Pepper trade controls nearly 20% of the global spice market today, and Sri Lankan Pepper exporters have the potential to expand into a market that is as lucrative as gold.

    Pepper has been in global use since the fourth century BC mainly among the Eastern civilizations and the most ancient archaeological record of pepper has emerged from the tomb of Ramases II, inserted into the nostrils of mummified Pharaoh during mummification.

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  • Sri Lanka produces and supplies top quality essential oils to the global market

    29/06/2015

    29/06/2015
    Black Pepper

    Extracted from herb and spice plants and flowers, the uses of herbal oils in medicine and cosmetics has been a common practice among Eastern civilisations until the trading sailors took these fragrant secrets with them to Europe between 11th and 13th centuries revolutionising the world's medical and beauty habits.

    Essential oils derived from spices, herbs and flowers have been an essential part of Sri Lankan life style since as early as 2000 BC. The indigenous medical records of early Sri Lanka recommend the use of cinnamon oil extracted from the cinnamon leaf to relieve the pain caused by arthritis while cinnamon oil extracted from the cinnamon bark has been used for aromatherapy, to cleanse polluted air and to keep away various insects in households and in paddy fields.

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  • Ceylon Cinnamon Tea : A potent cure for numerous health problems

    29/06/2015

    29/06/2015
    Fadna Tea

    The combination of Sri Lanka's two export super brands, Pure Ceylon Tea and Pure Ceylon Cinnamon, concocts a tasty flavoured tea with a number of added health benefits

    While Ceylon Tea is a rich source of anti-oxidants, Ceylon Cinnamon is a list topper for the highest density of anti-oxidants per 100g, recording an Oxygen Radical Absorption Capacity (ORAC) of 267,536 TE per 100g.

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  • Losing body weight with a cup of of Ceylon green tea

    24/06/2015

    24/06/2015
    Losing body weight with a cup of of Ceylon green tea

    Battling the bulge and have exhausted all the tricks in the book? It is time to sip up and slim down with Ceylon green tea.

    Although numerous health benefits of green tea has been a well-known secret among global tea enthusiasts, green tea's ability to burn the fat cells in the body has come to be established through scientific research only recently.

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  • Fair-Trade Organic Ceylon Tea : a change for the better

    24/06/2015

    24/06/2015
    Fair-Trade Organic Ceylon Tea : a change for the better.

    Ceylon Green tea has proven to be more than just a refreshing drink, but does it hold all the health benefits as claimed?

    Although most of Ceylon tea products, in the global market, originate from large scale tea plantations, a growing number of tea small holders are seeking to carve their own niche in producing the world's best fair-trade organic tea.

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  • Emerging Markets of Ceylon Tea

    22/06/2015

    22/06/2015
    EDB | Sri Lankan tea exporters enjoy a great slice of the global tea market

    Ceylon Tea suppliers are expanding into new markets

    With some of the world's traditional tea markets under the spell of Ceylon Tea, time has come for Ceylon Tea manufacturers to explore new markets and capture new hearts.

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  • Canada, EDB partners to assist SME exporters

    19/06/2015

    19/06/2015

    The Trade Facilitation Office Canada (TFO Canada) and Sri Lanka's Export Development Board (EDB) have formed a partnership, aimed at enhancing EDB's capacity to assist small and medium sized Sri Lankan exporters to make further inroads into the lucrative Canadian market, the High Commission of Canada in Colombo announced on Wednesday.

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  • EDB diversifying King of Spices to far-eastern markets

    17/06/2015

    17/06/2015

    As Sri Lanka’s King of Spices continued at a steady second rank among all spice exports for a third year in a row, Sri Lanka prepared to move its top spice players to a forthcoming global Conclave in China with a view to diversify markets-and to cash in on the emerging Far-East, as revealed in Colombo.

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  • Gourmet Ceylon Tea: the best of Ceylon Tea experience

    18/06/2015

    18/06/2015
    Gourmet Ceylon Tea

    The best of Ceylon Tea, hand-picked and processed with extreme care is designed to deliver the most exclusive tea experiences across the world.

    The finest of the tea flavours and their blends were a well- kept secret in the Chinese Royal court and their betrayal was so big a crime, that it was punished with death and torture. However, most of these tea blends are being manufactured in Sri Lanka today, with greater flavour and aroma, compared to their predecessors.

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  • Ceylon Tea based Tourism promises huge growth potential

    17/06/2015

    17/06/2015
    Ceylon Tea

    Ceylon Tea and Tourism are among Sri Lanka's top five foreign income earners and their combination is tipped to create a unique experience as refreshing as a cup of Ceylon Tea. Thus, Ceylon Tea & Tourism make perfect partners to tango.

    With a rich heritage and a cultural mix distinctive to Sri Lankan tea production and a breath taking view at every turn, Ceylon tea gardens are a great tourist destination yet to be harnessed to their fullest.

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  • Over 30,000 visits SL pavilion at Expo Milano

    09/06/2015 Daily News

    09/06/2015

    SL Pavilion at Expo Milano 2015.

    Sri Lanka investing just 0.5 million dollars on the stall that was given at gratis by the Italian Government on the request of Sri Lankan Prime Minister Ranil Wickremesinghe.

    The country pavilions such as Nepal, Malaysia and Thailand that has spent 20 million dollars has attracted over a 30,000 visitors in the first month of visibility, said the Pavilion Director, Dammika Jayawardena from Milano, Italy.

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  • Lankan firms upbeat at China South Asia Expo

    15/06/2015 Daily FT

    15/06/2015

    China-South Asia Expo 2015 kicks off.

    Private sector firms participating in the Sri Lanka Pavilion at the five-day China South Asia Expo in Kunming are upbeat of prospects. They expressed their confidence to reach more Chinese investors and buyers in a greater way through the event being held at Kunming Dianchi International Convention & Exhibition Centre. This year the Sri Lanka Pavilion has over 120 companies as well as five Government institutions and the participation is facilitated by the Sri Lanka Export Development Board.

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  • First ever Asia-Pac conformity push in Sri Lanka takes off in Colombo

    15/06/2015

    15/06/2015

    Minister of Industry and Commerce Rishad Bathiudeen (second from right) and Nigel Jou (APLAC Chairman-third from right) at the inauguration of APLAC and PAC joint General Assembly Meeting on 15 June in Colombo.

    Ushering international recognition for Sri Lanka’s conformity realm, the first ever Asia Pacific accreditation confab took off in Colombo on 15 June -and the country has accepted 14 international standards in 2012/’13. “Under the purview of my Ministry, we have taken various measures to promote accreditations in Sri Lanka. This is done with a view to enhance living standards and even our exports. Sri Lanka also issued 145 new ISO certificates and 14 international standards” said Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 15 June in Colombo.

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  • Visit Sri Lankan Pavilion at SAITEX 2015

    15/06/2015

    15/06/2015
    Visit Sri Lankan Pavilion at SAITEX 2015

    The EDB is to organize Sri Lanka pavilion at the Southern African International Trade Exhibition (SAITEX) Trade Fair to be held from 21st - 23rd June at Gallagher Convention Centre in Midrand Johannesburg, South Africa.

    There will be 06 companies exhibiting the Sri Lankan Products in an area of 54m2 in this event. The Sri Lanka pavilion will be housed in the Hall 3.

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  • EDB & JAAF showcase Lankan apparels to Latin America

    12/06/2015 EDB Media Unit

    12/06/2015

    Sri Lanka apparel delegates at BIAS 2015 show, Sao Paulo.

    As Sri Lankan annual apparel exports closed in on the crucial $5 Bn mark, South America’s largest apparel market was given a preview of Lankan fashion when the Brazil International Apparel Sourcing Show 2015 (BIAS 2015) opened in Sao Paulo on 27 May.

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  • 'Garments without Guilt' from Sri Lankan Apparel Manufacturers & Suppliers

    08/06/2015

    08/06/2015
    Sri lankan Apparel

    In a post-quota era, where competition with mass garment manufacturers is destructive to the workforce as well as to the industry, Sri Lankan garment manufacturers have reinvented themselves as environment friendly, ethical employers of labour.

    With the ending of the global quota system in apparels in the year 2005, Sri Lankan garment manufactures were faced with two extreme options. The first was to compete with global giants in mass garment manufacturing in India, Bangladesh, Vietnam and China and the second was to go for a less competitive yet highly risky option of re-branding themselves as eco-friendly and labour friendly producers of quality garments.

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  • Processing of Ceylon Cinnamon : Age -old traditions rooted in a colourful history

    05/06/2015

    05/06/2015
    Ceylon cinnamon

    The soft, golden coloured and delicate cigar like rolls of Ceylon Cinnamon has long been an essential part of world cuisine and herbal medication yet claims its' origin to the humble cinnamon groves in the Western coast of Sri Lanka.

    Although Sri Lanka is mostly celebrated for its' Ceylon Tea, Cinnamon has been among its top exports during the past centuries and most of the world's colonial powers had waged long and gory battles over the monopoly of Ceylon Cinnamon export.

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  • EDB moving top Lankan education providers to Maldives next week

    05/06/2015

    05/06/2015

    EDB's “Study in Sri Lanka” and networking sessions to take place in Maldives from 6-9th June

    Buoyed by its success of the educational promotions of 2014 in Male, the EDB is facilitating the largest Lankan educational delegation to Maldives next week.

    The promotional tour is organized in collaboration with Sri Lanka High Commission in Male.

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  • Delve into the History of Ceylon Tea Plantation, Production & Supply

    04/06/2015

    04/06/2015
    Tea History

    'Not often is that the men have the heart, when their one great industry is ruined, to rear up in few years another as rich to take it place; and the tea fields of Ceylon are as true monument to courage as is the lion of Waterloo' – Sir Arthur Conan Doyle

    True to the observations made by one of world's best thriller writers, the rise of Ceylon Tea Industry in Sri Lanka and the lush Ceylon Tea plantations stands witness to the indomitable courage shown by a group of pioneering tea planters, who chose to grow tea, when life threw lemon at them.

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  • Sri Lanka’s O-Fish surging further upstream

    04/06/2015 Asian Tribune

    04/06/2015

    Minister of Industry and Commerce Rishad Bathiudeen (seated third from right) poses with EDB officials and Sri Lankan ornamental fishery award winners of Aquarama 2015 on 03 June in Colombo.

    Sri Lanka’s ornamental fish sector is basking in the glow of international spotlight having bagged many top awards for its diversity-and O-Fish sector is one of highest return on investment sectors, as revealed on 03 June in Colombo.

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  • Sri Lankan Food and Beverage Exporters Participation in SIAL China 2015

    03/06/2015

    03/06/2015

    A delegation of Sri Lankan Food & Beverage Manufacturers & Suppliers participated in SIAL China 2015 held from May 6 - 8, 2015. The Sri Lanka Country Pavilion was organized by Sri Lanka Export Development Board. The delegation of exhibitors comprised of five Food & Beverage export companies i.e Renuka Agri Food Ltd, Nestle Lanka , Asia Teas (Pvt) Ltd, Ceylon Cold stores and Oilmo Virgin Coconut (Pvt) Ltd.

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  • Flavoured Ceylon Tea : Relish Ceylon Tea with Tantalizing Novel Flavours

    03/06/2015

    03/06/2015

    With a view to attract new admirers for Ceylon Tea, Sri Lankan Tea manufactures are blending in novel flavours with traditional tea.

    As the world seeks to blend and modify older version of food and beverages to suit millennials' palates, Sri Lankan tea exporters are experimenting with traditional flavours of Ceylon tea, combining various tea types with flavours of fruits, spices and flowers to suit emerging tea markets around the world.

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  • Ceylon Tea : the most eco-friendly tea in the world

    01/06/2015

    01/06/2015

    With the phasing out of Methyl Bromide, a broad range pesticide used in tea cultivation, harmful to the ozone layer, there has never been a better time to enjoy a cup of refreshing & ozone friendly Ceylon Tea.

    A long term research into improving the environment sustainability of the Sri Lankan tea industry bore fruits, when Sri Lankan tea planters were awarded the 'Ozone Friendly' status as a world first, for discontinuing the use of Methyl Bromide as a pesticide in local tea plantations.

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  • Gem and jewellery exports to surge

    31/05/2015 Sunday Observer

    31/05/2015

    Sri Lanka's gem and jewellery export revenue will surge this year following the enormous exposure the country received at the International Coloured Gemstone Association (ICA) Congress held recently in Sri Lanka, Chairman, Facets Sri Lanka, Juzar Adamaly said on the sidelines of the 16th Congress at the Cinnamon Grand recently.

    He said a large number of buyers and dealers across the world at the Congress were highly impressed with the country and the range of exquisite products it offers to the global market. It is premature to put a figure but certainly export revenue will spike within a month or two.

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  • Is Ceylon Green Tea the Secret Elixir of Life?

    28/05/2015

    28/05/2015
    Green Tea

    Tea is the most consumed beverage in the world next to water and as per today, global consumption of tea amounts to trillion cups a year. While most of these cups amounts to black tea, the rising star of the global tea scene is green tea, with nearly 15% of the global market share.

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  • Expo Milano 2015: Global Endorsement for Sri Lanka

    25/05/2015 news.lk

    25/05/2015

    In the back drop of the 1.3 million dollar deal wrapped by Sri Lanka Tourism in the launch month of Expo 2015, Sri Lanka Export Development Board took the high ground in month two to announce a global endorsement to Sri Lanka backed by two power bases in global trade which gives perspective to Expo 2015 for Sri Lanka's 75 billion dollar economy growing at a seven percent GDP growth said commissioner General Expo- Sri Lanka Rohantha Athukorala.

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  • Switzerland assures support

    15/05/2015 Daily News

    15/05/2015

    Swiss Ambassador to Sri Lanka Mr Heinz Walker-Nederkoorn stresses a point as (From left) Dr Harsha De Silva (Deputy Economic Minister), Minister of Industry & Commerce Rishad Bathiudeen, and Bandula Egodage (Chairman & CEO-EDB-far right) look on at the first ever Swiss-Sri Lanka Business Discussion Roundtable held at EDB on 13 May.

    I am very much impressed by the democratic process of Sri Lanka displayed after January 8. It's a unique event and a very good start and passing of the 19th Amendment, shows the spirit of reform is very much alive in Sri Lanka. We, the Swiss, would like to support this Lankan reform spirit," said Swiss Ambassador to Sri Lanka Heinz Walker-Nederkoorn on May 13, in Colombo.

    Swiss Ambassador Nederkoorn was addressing the first ever Swiss - Sri Lanka Round table Business Discussion held at the EDB on May 13.

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  • Indian Trade Fair 2015 opens at SLECC

    08/05/2015 Daily News

    08/05/2015

    The Head table participants were Deputy Minister Champika Premadasa, Ministry of Industry Commerce in Sri Lanka, Arindam Bagchi-Acting High Commissioner, High Commission of India , Alok Shriram-President, PHD Chamber of Commerce and Industry India, Shanti Outschoorn - Executive Director, MP Events Lanka (Pvt) Ltd, Bandula Egodage - Chairman and Chief Executive, Sri Lanka Export Development Board, Emile Gunesekera- Director , MP Events Lanka (Pvt) Ltd and Surab Sanyal - Secretary General PHD Chamber of Commerce and Industry India.

    The ninth Indian Trade Fair was opened on Thursday (07) at the Sri Lanka Exhibition and Convention Centre, under the patronage of the Acting High Commissioner for India in Sri Lanka Arindam Bagchi and Deputy Minister of Industry and Commerce Champika Premadasa.

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  • SL export earnings increase

    11/05/2015 Daily News

    11/05/2015

    Earnings from exports increased by 5.8 per cent, year-on-year, to US dollars 891 million in February 2015, led by industrial products, particularly textiles and garments.

    Earnings from industrial exports, which represent about 77 per cent of total exports, improved mainly due to increase in exports of textiles and garments followed by petroleum products, and gems, diamonds and jewellery.

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  • EDB clinches global foundry giant’s nod to boost Lankan industry nucleus

    28/04/2015 Daily FT

    28/04/2015

    Sri Lanka’s metal manufacturing and exports have clinched a sudden breakthrough, thanks to a global foundry giant whose historic roots extend back to 1930s Birmingham. The adoption of international best practices can increase revenues of overall Lankan foundry sector by a substantial 30%.

    “Despite many constraints, our light engineering sector has been bringing increased export revenues to Sri Lanka. A study has been done and it pointed to tech and skill gaps prevalent in the industry – and fixing them are crucial,” said EDB Director General Sujatha Weerakoone on 24 April at the Industrial Park, Ekala.

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  • Chairmen unite to power brand Sri Lanka on a ROI model

    27/04/2015 Daily News

    27/04/2015

    Tea Board Chairman Y.G Wijeratne, EDB Chairman Bandula Egodage, Craft Council Chairman Buddi Keerthisena, Sri Lanka Tourism Chairman Rohanth Athukorala with the Director of BOI Dilip Samarasinghe, The Director Marketing National Gem and Jewelry Association Rohan Perera.

    For the first time in the recent history of Sri Lanka top four Chairman of the public sector driving brand Sri Lanka in the global arena met in unison to power the country at World Expo 2015- which is termed globally as the most visited and watched event next to the Olympics.

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  • Sri Lanka : A Great Sourcing Hub for High quality rubber and value added rubber products

    27/03/2015

    27/03/2015
    High quality rubber

    The Rubber industry in Sri Lanka, one of the enduring colonial legacies that provides sustained socio-economic benefits to the country began in 1876 with the planting of 1919 rubber seedlings in Henarathgoda in Gampaha District. Today, Sri Lanka’s Rubber industry consists of two closely interdependent sectors: (1) the rubber plantation industry which produce raw rubber, and (2) the rubber product manufacturing industry, which converts raw rubber in to value added finished rubber goods.

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  • Sri Lanka to participate in Expo Milano 2015 in Italy

    26/03/2015 news.lk

    26/03/2015

    Sri Lanka government will participate in the universal exposition "World Expo 2015". "Expo Milano 2015" World Trade Fair that will be held from 1st May to 31 October 2015, at World Avenue and Biodiversity Park in Milan, Italy with the objective of promoting Trade and Tourism.

    The participation consist of Sri Lanka Export Development Board, Sri Lanka Tea Board, National Gem & Jewellery Authority, National Crafts Council, Department of Commerce together with Sri Lanka Tourism under the auspicious of Ministry of Industry and Commerce.

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  • Sri Lanka launches third ICT survey with PwC

    As ICT exports are projected to top $1Bn this year, Sri Lanka has launched the latest ICT Value Survey to find the national hi-tech exports it achieved in 2013/14-and all the ICT exporters are encouraged to actively take part in it.

    “We have recognized the ICT industry to be a key player in our exports. We a looking for $1 billion exports this year” voiced Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka on Wednesday (18) in Colombo.

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  • CEMS-Global’s 3 intl. expos for textile and garment sector kick off

    CEMS-Global USA’s three comprehensive international exhibitions focused on the entire textile and garment sector of Sri Lanka – ‘6th Textech Sri Lanka 2015 International Expo,’ an international exhibition on textile garment technology and machinery,’ along with concurrent exhibitions ‘20th Dye+Chem Sri Lanka 2015 Int’l Expo,’ an int’l exhibition on dyes and fine and specialty chemicals, and ‘6th Colombo Int’l Yarn & Fabric Show 2015’ kicked off yesterday at the Sri Lanka Exhibition & Convention Centre (SLECC), Colombo. The exhibitions will run through 14 March.

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  • Sri Lanka’s gem industry calls for increasing export earnings through value addition: EDB

    Sri Lanka’s coloured stone industry which is the fourth largest export earner in the island should export more value addition gems to contribute better to the country’s’ export earnings , a senior official at Export Development Board (EDB) said.

    “We are doing our best to achieve the highest value added gem market,” Bandula Egodage, chariman and chief executive of Sri Lanka Export Development Board said.

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  • Sri Lanka Targets US $8.5 Billion in Apparel Exports Earnings by 2020

    Apparel Exports Earnings by 2020

    Sri Lanka’s apparel industry is well on its path to meet the apparel export target of US $8.5 billion by 2020. Apparel exports which bring the largest export income to the country have recorded an increase of 9.26% YoY by earning US $4.9 billion in the year of 2014. In 2013, earnings from apparel rose by 13% YoY, recording a $4.5 billion surpassing the US $4 billion target initially set by the apparel industry.

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  • Ceylon Cinnamon reigns supreme in the global Cinnamon market

    Ceylon Cinnamon reigns supreme

    Sri Lanka is the largest producer of Pure Cinnamon in the world accounting for 70% of the global production. The Ceylon Cinnamon (Cinnamomum zelanicum) referred to as “sweet cinnamon” and “true cinnamon” is considered superior to the variety known as Cassia in the global market.

    Since Sri Lanka is the birthplace of true cinnamon, all the customs, traditions, culture and technology associated with cinnamon are well integrated as a heritage to the socio economy of our nation.

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  • GSP+, fisheries recovery, stronger FTAs under focus in 100-day push

    The recovery of export streams and markets damaged through neglect and weak international relations is a major priority in Sri Lanka’s ‘100-day Global Trade Blueprint’, which was unveiled for the first time in Colombo.

    The new Government also revealed that Sri Lanka’s exports as a share of GDP, is not at a low of 15% as generally believed but is at 20%.

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  • Sri Lankan tea exporters enjoy a great slice of the global tea market.

    The past three years from 2012-2014 saw a renaissance in Ceylon Tea with the year 2013 breaking all records and the 2014 figures just released surpassing even that of 2013, recording the highest ever export earnings of $ 1.61 billion (Rs. 210.2 billion) which is a 5.43 % growth over 2013 and a FOB price of US$ 4.95 per kg, which is a 3.1 % growth over 2013 which were all records for the 147 year old history of the Sri Lankan tea industry.

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  • DSI Dominates Design Awards, bagging Best Design Award at Footwear and Leather Fair 2015

    The Sri Lankan footwear market leader, DSI dominated the Design Award Ceremony held on 8th February 2015 at BMICH. Held parallel to the Footwear and Leather Fair 2015, which was held from 6th to 8th February at the BMICH, the Awards Ceremony celebrated the best and brightest of the industry. The exhibition was organised jointly by the Sri Lanka Export Development Board (EDB) and Industrial Development Board (IDB) in collaboration with the Footwear and Leather Goods Manufacturers Association in Sri Lanka as an endeavour to assist and upgrade the local manufacturers and designers.

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  • Sri Lanka’s EDB opens online portal for service exporters

    Sri Lanka's Export Development Board (EDB) said that it has opened a web portal for service exporters as a one stop for them to link with international partners.

    The portal named as www. srilankaservicexport.com is free for exporters, the EDB said in a media statement.

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  • Larger presence of Sri Lankan exporters at Gulfood 2015 in Dubai

    13/02/2015

    Fifty Sri Lankan companies participated at the Gulfood 2015 in Dubai from 8-12 February displaying food and beverage products such as tea, spices, processed food, soft drinks, biscuits, virgin coconut oil, dried fruit, herbal products, etc.

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  • Sri Lanka's exports increase 9 percent in December pushing 2014 total to US$ 11 billion

    10/02/2015

    Sri Lanka's merchandise exports continued on its growth trend in 2014 to a total of over US$ 11 billion with an increase of 9 percent in the month of December, the Export Development Board (EDB) reported.

    According to the latest data from the EDB, Sri Lanka's exports for 2014 rose 6.67 percent from the previous totaling US$11.079 billion. The figure, which only represents earnings from provisional merchandise, is expected to rise when the service exports values included.

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  • Sri Lanka’s footwear & leather exports double within a year

    06/02/2015

    Rishad Bathiudeen (Minister of Industry & Commerce of Sri Lanka-centre) and Champika Premadasa (Deputy Minister of Industry & Commerce of Sri Lanka-second from right) inspect an item on display at the Seventh Edition of Footwear and Leather Fair by EDB at BMICH on 06 February

    Sri Lanka’s footwear and leather exports have doubled within a short period of one year and posted the highest revenues so far in recent times-and the sector lauds praise on the Industry and Commerce Minister for the provision of first modern tannery complex for them, as reported on 06 February.

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  • Footwear and Leather Fair on February 6 - 8

    02/02/2015

    The seventh edition of Footwear and Leather Fair Exhibition organized by the Ministry of Industry and Commerce in association with Sri Lanka Export Development Board will be held from February, 6 - 8, 2015 at Sirimavo Bandaranaike Exhibition Centre –BMICH.

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  • JITF 2015 – set to enhance the northern economy

    21/01/2015

    From left: Sanjeewa Gunasinghe, General Manager, Industrial Asphalt (Ceylon) PLC, Husnie Rauf, General Manager, Lanka Exhibition and Conference Services (Pvt) Ltd, V.K. Vignesh, President, Chamber of Commerce and Industries of Yarlpanam (CCIY), Renuka Wijesiriwardena, General Manager, Sterling Automobiles (Pvt) Ltd.

    The Jaffna International Trade Fair (JITF), the most comprehensive and ‘looked forward to’ exhibition in the North will be held for the sixth consecutive year in the heart of Jaffna from the 23rd- 25th of January 2015..

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  • A heritage of excellence: the wonderful history of Ceylon Tea

    22/01/2015

    A heritage of excellence:  the wonderful history of Ceylon Tea

    Sri Lankan tea (known for generations as Ceylon Tea) carries behind it a heritage and success story like no other. The story of Ceylon tea begins over two hundred years ago, when the country was still a British colony. In 1824 a tea plant was brought to Ceylon by the British from China and was planted in the Royal Botanical Gardens in Peradeniya for non-commercial purposes. Further experimental planting of tea had begun in 1839 with tea plants brought from Assam and Calcutta through the East India Company.

    Commercial cultivation of tea commenced in Sri Lanka by the Scotsman, James Taylor. He arrived Sri Lanka in 1852 and settled down in Loolecondera estate in Kandy. Taylor visited India in 1866 to learn the basics of growing tea on plantations. Following his return, he started a 19 acre tea plantation in Loolecondera estate in 1867. Soon enough plantations surrounding Loolecondera such as Hope, Rookwood and Mooloya began transforming into tea plantations and were amongst the first tea estates established on the island. Taylor started a fully equipped tea factory in Loolecondera estate in 1872. In 1875 Taylor managed to send the first shipment of Ceylon tea to London tea auction.

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  • Apparel exports top US$ 4.3 b upto Nov 2014

    Daily News 19/01/2015

    Daily News

    The value of Sri Lanka’s total apparel exports for the first 11 months last year reached US$ 4302.4 million, registering 11% per cent growth. In 2013, Apparel exports had generated US$ 3876 million during the period January to November.

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  • ‘Lanka FTA will be very big news back home’–Yunnan Province

    Asian Tribune 16/01/2015

    Asian Tribune

    Li Jiming (Deputy Secretary-General of Yunnan Provincial Government and Director General of Yunnan International Exposition Bureau-far right) seen with a part of his delegation to Sri Lanka on 13 January at EDB in Colombo.

    As bilateral trade topped $ 3Bn, Sri Lanka’s exports sector is readying one of the strongest ever delegations to this year’s Kunming international expo while Lanka’s second largest global supplier voiced that it is increasingly upbeat on the prospective FTA between both countries-and the $ 190 Bn Yunnan province is keen for a Corporate Agreement with Lanka’s apex export entity, a first, as revealed on 13 January.

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  • Lanka to participate in Japan’s largest jewellery trade show

    Daily News 09/01/2015

    Daily News

    Sri Lanka will participate in Japan’s largest international jewellery trade show this month. This event is known as “ IJT international jewellery trade show.”

    A wide variety of products in the jewellery industry gathers under one roof, at the world trend-setting city, Tokyo. Sri Lanka could increase the US$ one billion overall export target in 2016, if the local gem/precious stone exports were encouraged and developed targeting international markets. Therefore, participating for international trade shows should help to capture news markets, Director Marketing and Export -National Gem and Jewellery Authority, Rohan Perera said.

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  • Sri Lanka's Cinnamon, the pride among world's spices

    news.lk 03/01/2015

    news.lk

    Sri Lanka's Cinnamon, the pride among world's spices

    The Government has taken steps to uplift the Cinnamon production in Sri Lanka to target international market. Cinnamon, indigenous to Sri Lanka is the pride among world's spices. Sri Lanka is the world's largest cinnamon producer and accounts for about 70 per cent of the global production, while cinnamon exports from Seychelles have steadily increased. However, cassia a cinnamon like spice obtained from the bark of a plant related to cinnamon is widely traded as a relatively cheap substitute for cinnamon.

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  • Sri Lankan Handlooms access the competitive international market

    news.lk 03/01/2015

    news.lk

    Sri Lankan Handlooms access the competitive international market

    Sri Lanka exports curtaining, table linen, bed linen, kitchen linen, upholstery and dress fabric and other products to foreign markets. The products in demand in the local market are curtaining, table linen, bed linen furnishing, cushion covers, sarongs and sarees. Currently, cotton and silk yarn is imported from India and Korea, monthly. Around 900 private handloom producers inclusive of small, medium and large-scale are operating in the country.

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  • Jan-Nov exports at $10 B

    31/12/2014

    Jan-Nov exports at $10 B

    Jan-Nov exports at $10 B

    Sri Lanka’s January–November exports have notched $10.1 Bn driven by 'across the board' surge and specifically led by apparel and industrial products and the crucial apparel volumes appear to be almost on its annual earnings target. “Several sub sectors including apparel and fishery have delivered and sustained our year on year growth” said Bandula Egodage, Chairman & CEO of EDB on 30 December.

    EDB Chairman Egodage was commenting on the provisional top-line export data presented to him by his Directors in Colombo on 30 December at EDB..

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  • 26 Reputed Sri Lankan Exporting Companies to Participate in Gulfood 2015

    29/12/2014

    26 Reputed Sri Lankan Exporting Companies to Participate in Gulfood 2015

    Established over 25 years, Gulfood has a well deserved reputation amongst the exporters for delivering spectacular return on investment. While being the Middle East’s leading exhibition dedicated to the food service and hospitality sectors, Gulfood is also the most influential annual Food and Hospitality show in the world. For the exporters seeking new sales from the Middle East, Africa and South Asia, Gulfood provides a trade and sourcing platform without equal, where international flavours find world-class business. With the record participation by the global companies, Gulfood is the metaphorical birthplace for a massive number of international business opportunities. Gulfood 2015 is scheduled to be held from 8th to 12th of February, 2015 in Dubai, UAE.

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  • The desiccated coconut industry – glimpses of the past, present & future

    By Jagath C. Savanadasa - The Island- 22/12/2014

    The desiccated coconut industry – glimpses of the past, present & future

    The desiccated coconut industry – glimpses of the past, present & future

    Desiccated coconut (D/C), a basic by-product of coconut with limited technological input has been a foreign exchange earner for the country for a long period of time.

    There had been the usual ups and downs or changes in demand patterns for D/C over the years but the international market situation is certainly looking up currently for D/C exports. In addition prices obtainable for the product too are promising which augers well for foreign exchange earnings from this product.

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  • Lankan ICTs first entry to Slush 2015

    news.lk - 17/12/2014

    Lankan ICTs first entry to Slush 2015

    In a major renewal of its economic cooperation with Sri Lanka, World’s ICT innovation leader has announced that it is ready to form a joint Business Council with Sri Lanka for the first time, as revealed on dEC.04-and Lankan ICT start-ups have received a breakthrough invitation to showcase themselves at one of world’s top-tier start-up events in 2015.

    “It is time that we establish a Finland-Sri Lanka Business Council for B2B activities. Such a mechanism will kick-start the process. We are also looking forward to see SME level Sri Lankan ICT BPM and business start-ups at the 2015 ‘Slush’ event in Helsinki” said an upbeat Matti Anttonen, Finnish Deputy Minister of External Economic Relations & Finnish Under-Secretary of State on dEC.04 in Colombo.

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  • Jan-Oct exports surge to $ 9 b

    Daily FT - 10/12/2014

    Jan-Oct exports surge to $ 9 b
    • YoY Jan-Oct exports up by 8.7% to $ 9.1 b
    • Working towards $ 20 b by 2020: EDB’s Egodage
    • Fisheries in turnaround
    • US still topmost market for Sri Lanka

    Sri Lanka’s January-October YoY exports have surged by almost 9% while an export product that recently faced volatile EU markets showed a promising turnaround, as revealed yesterday.

    “For the month of October 2014 alone our provisional exports were at $ 900 m and this is only merchandise exports without taking into account of service exports such as ICT,” said EDB Chairman/CEO Bandula Egodage, commenting on the provisional top-line export data presented to him by EDB Directors at a progress review session held at the EDB yesterday.

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  • ‘Lanka IT sector to hit $1B mark next year’-EDB

    news.lk - 05/12/2014

    ‘Lanka IT sector to hit $1B mark next year’-EDB

    Sri Lanka’s surging IT and BPO exports would hit the critical dollar one billion mark as early as next year, surpassing previous expectations! And London Stock Exchange and HSBC have praised the Lankan IT sector ‘with joy’, as revealed on 05 December in Jaffna. And the pioneering Northern IT Exports forum by EDB & ICTA was packed with enthusiastic regional IT industry.

    “We earned $719 Mn from ICT exports, and our projection for 2014 is $820 Mn. At this rate, we expect to hit dollar one billion mark very soon-as early as 2015. We have seen 123% growth in IT sector over the last five years. London Stock Exchange and HSBC also praised the Lankan IT sector with joy” said Saman Maldeni (Director, Export Services of SLEDB) on 05 December in Jaffna.

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  • EDB to host international delegation at SLDF 2014

    Daily FT - 05/12/2014

    EDB to host international delegation at SLDF 2014

    Lanka Design Festival (SLDF) 2014, which is backed by local industries and the Government, is scheduled to kick off over the next few days.

    The main objective of the festival is to promote design driven exports as a major economic sector for the country. For this reason, SLDF is supported by Sri Lanka’s apex institute for driving exports, the Sri Lanka Export Development Board (EDB).

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  • Visegrád Four to synergise Lanka's FTAs to penetrate South Asia

    Daily News - 04/12/2014

    Visegrád Four to synergise Lanka's FTAs to penetrate South Asia

    dustrial economy billed as the Tetra Tiger due to its high growth, has revealed for the first time that it wants to synergise Lanka's historic FTAs to penetrate South Asia, and it is also readying for new bilateral efforts of high capacity across the board-in Lanka's wheat production, energy and even defence.

    "Our aim is to make Sri Lanka our business and investment platform to South Asia. There are many Slovakian manufacturers ready to invest here, produce and export to South Asian markets using your FTAs with India and Pakistan," said Peter Burian, State Secretary of the Ministry of Foreign and European Affairs of the Slovak Republic recently.

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  • Over US$ 1b gems to China by 2016

    Daily News - 05/12/2014

    Over US$ 1b gems to China by 2016

    Sri Lanka could bridge the trade imbalance with China to a greater extent and also increase the US$ one billion overall export target in 2016, if the local gem/precious stone exports were encouraged and developed. At present there is a huge trade gap in favor of China, Director Marketing and Export -National Gem and Jewellery Authority, Rohan Perera said.

    "We are now looking at increasing gem export to China being the biggest buyer in the recent past. Since, China being a prosperous country in the world the demand for super luxury items like gems has increased considerably," Perera told the Daily News Business.

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  • 20 IT SMEs in EDB’s first Jaffna Export Forum today

    Daily FT - 05/12/2014

    20 IT SMEs in EDB’s first Jaffna Export Forum today
    • ‘30 more would be entrepreneurs too’: SLAASCOM’s Sekaram
    • ‘$ 5B IT exports by 2020’: EDB’s Egodage
    • ‘Cloud tech helping regional IT’: SLAASCOM’s Sekaram2103 IT exports at $ 719 m

    Sri Lanka’s apex export facilitator EDB’s first IT event in Jaffna has been boosted by an influx of Jaffna based operators and would be ICT entrepreneurs on 4 December and the event also packs in-depth industry presentations from no less than seven top Lankan IT firms.

    “Almost 20 SME IT operators in Jaffna region have registered for 5 December’s IT/BPM Export Forum in Jaffna. Another 30 prospective IT entrepreneurs from Jaffna who are looking to set-up, too have joined making it a total of 50 players,” said SLASSCOM Vice Chairman Mano Sekaram on 4 December in Colombo.

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  • New dimension in Lankan fashion and apparel to debut at SLDF 2014

    Daily FT - 02/12/2014

    New dimension in Lankan fashion and apparel to debut at SLDF 2014

    Sri Lanka Design Festival’s 2014 fashion edition is taking shape with a preview into Sri Lanka’s brand-led future in fashion. Taking a giant step forward from the country’s longstanding reputation as a sustainable and technologically advanced manufacturing destination, Sri Lanka is about to forge its reputation as a fashion industry with its own brands. Sri Lanka Design Festival is the platform for this major step for Sri Lanka, and its sixth successful fashion edition is scheduled to unfold this week.

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  • Vietnam calls for FTA

    Daily FT - 02/12/2014

    Vietnam calls for FTA
    • ‘Appointing Lanka’s first trade official to Vietnam’ – Minister Rishad
    • ‘Bilateral trade should not be just rice and tea’ – Kieu Thu
    • YoY bilateral trade surges by 88%
    • ‘Time to explore joint apparel synergies too’ – Kieu Thu

    Stepping up its trade cooperation with Sri Lanka, Vietnam said that it was working towards establishing a groundbreaking FTA with Sri Lanka.

    In view of this, Sri Lanka has promptly appointed its first-ever trade officer to Vietnam, the world’s fifth largest apparel exporter which is ready to partner with Sri Lanka’s own apparel industry.

    “There is huge unrealised trade potential between both countries that we need to explore. Trade need not be mostly the exchange of rice and tea between both countries. Therefore, while in Colombo, I will take up the task of promoting an FTA with Sri Lanka,” said Vietnam’s new ambassador to Sri Lanka, Phan Kieu Thu on 27 November in Colombo.

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  • Bangladesh, Sri Lanka near to historic trade pact

    Bangladesh, Sri Lanka near to historic trade pact

    As both Bangladesh and Sri Lanka moved closer to their historic trade pact, the process took a new turn as a keen Bangladeshi private sector itself stepping in to accelerate it on 27 November, a rare development in an on-going Lankan trade negotiations-and bilateral trade between both countries has jumped by a strong 67%.

    “I will meet our Commerce Minister who is very well meaning and serious, and inform him to expedite the FTA process” said Mahbubur Rahman (President, International Chamber of Commerce of Bangladesh ICCB) on Thursday (27) in Colombo. ICCB President Rahman was addressing Rishad Bathiudeen.

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  • How to develop Sri Lanka’s wood-based industry

    Daily Mirror - 24/11/2014

    How to develop Sri Lanka’s wood-based industry

    A conference and workshop under the theme “Wood Based Industry – Way Forward’ organized by the Wood Based Industrialist Association of Sri Lanka (WBIA), will be held at the Export Development Board (EDB) Auditoriumon on November 28.

    Channa Wijesekera, President of the Wood Based Industrialist Association of Sri Lanka, is expected to outline the problems facing the wood based industry in this article. He explains why this important industry has not developed over the years and proposes a series of solutions to remedy the situation.

    When analyzing the development of t he various industries in Sri Lanka, the timber and ti mber related industry indicates a comparative downward trend or slow progress in comparison with the other industries.

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  • Russia shows green light on fish import from SL

    Daily Mirror - 26/11/2014

    Russia shows green light on fish import from SL

    Russia has granted approval to import fish and fish products to the Russian Federation from Sri Lanka, 2014, the External Affairs Ministry said.

    The Ministry said the Federal Service of Veterinary Surveillance under the Ministry of Agriculture of the Russian Federation granted approval to import fish and fish products to the Russian Federation as a result of the untiring efforts of the Sri Lankan Government through its Embassy in Russia.

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  • Taiwan textile fair opens in Colombo

    Daily FT - 25/11/2014

    Taiwan textile fair opens in Colombo

    The Taiwan textile industry is the acknowledged world leader in research, development and manufacturing of fabric and garment accessories. The highly successful Taiwan Textile Fairs brings together leading suppliers of textiles and related products from Taiwan, one of the world’s largest apparel textiles exporting countries to Sri Lanka, at the Taiwan Textiles Fairs in South Asia 2014.

    The fairs will showcase innovative and high performance functional textiles for apparel, bags, shoes, rainwear, etc. to Sri Lankan manufacturers. The fair will be held on 24 and 25 November at the Grand Crystal Ballroom of the Taj Samudra Hotel.

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  • EDB hits China gold with first mainland MoU

    Daily News - 25/11/2014

    EDB hits China gold with first mainland MoU
    • Secures links with world’s largest textile retailer ZARA
    • Deeper commitments with new FTA: Vice President Hua
    • Fresh ties: EDB’s Egodage
    • Exports to China grew in last 5 years: EDB’s Dr. Maraikkar
    • Bilateral trade at $ 3 b

    Sri Lankan exports broke fresh ground on 20 November, as a pioneering MoU between the country’s apex exports facilitator EDB and China was entered into in Colombo. With the commencement of FTA talks, bilateral relations have also further deepened.

    “During President Xi Jinping’s recent visit to Sri Lanka this September, he and President Mahinda Rajapaksa reached consensus to deepen the strategic partnership and joint construction of 21 Century Maritime Silk Road. Now the countries have officially started the bilateral FTA negotiations and we believe that the bilateral cooperation would be further deepened in future,” said Zhang Hua, Vice President of CCPIT Guangdong Sub Committee.

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  • EDB secures links with world’s largest textile retailer ZARA

    Daily News - 26/11/2014

    EDB secures links with world’s largest textile retailer ZARA

    For the first time in Sri Lanka’s apparel history, the Export Development Board has directly linked top Lankan apparel suppliers with the world’s largest textile retailer, Spain’s ZARA and is stepping up its support for apparel market diversification.

    “Though the Lankan apparel sector caters to many international brands, we have still not been able to manufacture to Zara brand, the world largest fashion retailer.

    This successful effort directly linked our apparels to Zara for the first time,” said Chitranjali Dissanayake (Director-Industrial Products of SLEDB).

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  • EDB in global apparel breakthrough

    Daily FT - 26/11/2014

    EDB in global apparel breakthrough
    • Secures links with world’s largest textile retailer ZARA
    • 6-member EDB-led delegation to Spain
    • Brandix, Timex, Fergasam in pioneering session
    • September apparel exports up by 4.4%

    For the first time in Sri Lanka’s apparel history, the EDB, Sri Lanka’s apex export facilitator, has directly linked top Lankan apparel suppliers with the world’s largest textile retailer, Spain’s ZARA on 29 October. The facilitator, the Sri Lanka Export Development Board (EDB), is stepping up its support for apparel market diversification.

    “Though the Lankan apparel sector caters to many international brands, such as Victoria’s Secret, Gap, Nike, Tommy Hilfiger and Marks & Spencer, we still haven’t been able to manufacture for the Zara brand, the world’s largest fashion retailer. This successful effort directly linked our apparels to Zara for the first time,” said EDB Director – Industrial Products Chitranjali Dissanayake recently.

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  • Kenya-Sri Lanka Joint Economic Cooperation talks a success

    Daily FT - 18/11/2014

    Kenya-Sri Lanka Joint Economic Cooperation talks a success

    Kenya, the newest entrant to Africa’s top 10 list, called for renewed trade with Sri Lanka and in a display of its commitment towards this end requested three trade pacts with Sri Lanka in one go by 2015.

    “We are looking forward to more trade interaction and expecting a delegation to Nairobi from Sri Lanka next year. By the time of your visit to Nairobi we are looking forward to conclude current discussions on three agreements being discussed and to sign them,” said Amb. Nelson Ndirangu Ogn (Director, Economic Affairs and International Trade of Kenyan Ministry of Foreign Affairs, Nairobi) on 12 November in Colombo.

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  • Canada for more trade with SL

    Daily FT - 19/11/2014

    Canada for more trade with SL

    Minister of Industry and Commerce Rishad Bathiudeen (second from left) in discussion with EDB Chairman/CEO Bandula Egodage yesterday as Canadian High Commissioner in Sri Lanka Shelley Whiting (far right) and Canada Asia-Trade Facilitation Office Project Manager Zaki Munshi (far left) look on

    • Canada has 24 FTAs including NAFTA: Whiting
    • Another opening to largest market: Minister Rishad
    • EDB revives TRO-Canada links
    • Top Lankan exporters at Canada session
    • Bilateral trade at $ 437 m

    The Jaffna International Trade Fair (JITF), the most comprehensive and ‘looked forward to’ exhibition in the North will be held for the sixth consecutive year in the heart of Jaffna from the January 23-25, 2015.

    The exhibition which was the first of its kind to be held in the Northern region of the country has throughout the years been renowned as the best and most potent platform for the meeting of investors, businesses and the masses in the region.

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  • Jaffna Int’l Trade Fair during Jan 23-25, 2015

    Daily News - 19/11/2014

    Jaffna Int’l Trade Fair during Jan 23-25, 2015

    The Jaffna International Trade Fair (JITF), the most comprehensive and ‘looked forward to’ exhibition in the North will be held for the sixth consecutive year in the heart of Jaffna from the January 23-25, 2015.

    The exhibition which was the first of its kind to be held in the Northern region of the country has throughout the years been renowned as the best and most potent platform for the meeting of investors, businesses and the masses in the region.

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  • Sri Lanka's export trade sector grows 11.1%

    Ceylon Today - 16/11/2014

    Sri Lanka's export trade sector grows 11.1%

    Sri Lanka's Export Trade sector recorded a relatively a higher growth of 11.1 per cent in second quarter 2014, when compared to the slower growth of 1.2 per cent recorded in the second quarter of 2013, Department of Census and Statistics said in its Quarterly Estimates of Gross Domestic Product report released recently.

    According to the Balance of Payment statistics of Central Bank of Sri Lanka, export earnings increased to Rs343,058 million in the second quarter of 2014, from Rs291,274 million in the second quarter 2013, indicating a growth of 17.8 per cent, said the Census and Statistics Department.

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  • Sri Lankan Apparel: Superior Quality, Iconic Designs & Ethical Business Practices

    14/11/2014

    Sri Lankan Apparel: Superior Quality, Iconic Designs & Ethical Business Practices

    The storied iconic brands in the fashion industry, say, Nike, Diesel, Victoria’s Secrets, Mark & Spencer, H & M, GAP, NEXT, Levi’s among many others that are synonymous with exceptional fashion clothing rely on Sri Lanka as their topmost Apparel Sourcing Destination. Sri Lankan Apparel Exports mainly include Casual Wear, Fashion Wear, Intimate Wear, Swim Wear, Sports Wear, Uniform & Workwear and Children's Wear.

    Thanks to an abundance of trainable and skilled labour force, technology infrastructure and visionary leadership, Sri Lankan Apparel  industry has seen rapid growth and earned the trust and loyalty from the world leading Fashion brands that are unblinkingly strict about quality and socially compliant manufacturing practices.

    Amidst a number of countries that export apparel, Sri Lanka enjoys a privileged position as a prime sourcing destination for garments without guilt. At the heart of this phenomenal success lies the philosophy that ‘Ethical Business is not a practice but a way of life’. The official website of Joint Apparel Association Forum (JAAF) proclaims “We take pride in saying that Ethical Business Practices and Responsible Commerce at Sri Lanka's Apparel Industry are not a response to increasing need and demand for 'Ethical Products' and satisfy Business Compliance, but has been a Way of Life for last 30 years across the 350 plants and over 1 Million strong workforce.”

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  • Savour the Unique Flavour and Countless Health Benefits of Pure Ceylon Tea

    14/11/2014

    Savour the Unique Flavour and Countless Health Benefits of Pure Ceylon Tea

    The delicious aroma that emanates as a few spoonfuls of Ceylon tea hit the simmering water in the white jug patterned with tea-buds every morning is refreshing forever. A sip of the steaming cup feels great on the tongue tickling the taste-buds. A great aroma with a fabulous taste, Ceylon Tea is beyond compare. Whether it’s in the morning or in the evening, a hot cup of tea is always a delectable drink.

    But, as the Book of Tea, Kakuzo Okakura’s 1906 philosophical treatise on tea says, tea had been a medicine long before it became a beverage. The potent natural antioxidants that abound in green & black tea can protect regular tea drinkers from a number of degenerative diseases such as heart disease, high blood pressure, stroke, cancer and diabetes.

    Heart Disease

    Continual consumption of correctly brewed Ceylon Tea is known to decrease the oxidation of fat. Catechins in green tea, theaflavins and thearubigins in black tea can inhibit lipid oxidation and plaque formation (which can cause heart disease), whilst cutting cholesterol. Regular consumption of tea is also known to reduce blood clotting. Blood clotting heightens the risk of coronary thrombosis.

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  • Bangladesh announces speedier trade pact in the offing

    Daily FT - 13/11/2014

    Bangladesh announces speedier trade pact in the offing
    • Good news, prefer an FTA: Rishad
    • Talks will conclude successfully: Ashan
    • YoY bilateral trade jumps by 67%

    Minister of Industry and Commerce Tarik Ashan (third from left) greets Bangladeshi High Commissioner to Sri Lanka Tarik Ashan (second from left) yesterday in Colombo as Bangladeshi High Commission Colombo Counsellor and HOC F.M. Borhan Uddin (far left), Ministry of Industry and Commerce Secretary Anura Siriwardene(third from right), DoC DG R.D.S. Kumararatne (second from right) and EDB Chairman/CEO Bandula Egodage (far right) look on

    As bilateral trade with Bangladesh showed a strong rise, the country has signalled that it has now started moving towards the historic trade pact with Sri Lanka, as revealed yesterday in Colombo, and Bangladesh wants the agreement to be signed fast.

    “At my final meeting with Prime Minister Sheikh Hasina just before my departure to Colombo, she advised me to focus strongly on trade during my new tenure in Sri Lanka. I am pleased to inform you that the trade agreement under discussion between both countries at present will come to a successful end,” announced the newly-appointed Bangladeshi High Commissioner to Sri Lanka Tarik Ashan yesterday.

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  • Ornamental fish featuring notably in 14 percent export growth

    Ifham Nizam, The Island - 10/11/2014

    Ornamental fish featuring notably in 14 percent export growth

    Sri Lanka has earned USD 7.34 billion from exports up to August this year, recording a positive growth of 14 per cent when compared to the corresponding period in 2013, said Sri Lanka Export Development Board Chairman cum Chief Executive Officer Bandula Egodage.

    Addressing a gathering at the First International Ornamental Fish Trade Conference in Colombo yesterday he said despite many constraints and challenges faced by local exports domestically and internationally, the willingness shown by them to sustain continuous growth was commendable.

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  • Rubber industry can grow bigger than garments

    Daily FT - 10/11/2014

    Rubber industry can grow bigger than garments
    • Potential to become a 10 billion dollar business: Prabhash Subasinghe

    Global Rubber Industries Managing Director Prabhash Subasinghe receiving the Platinum Sponsor award from Minister of Economic Development Basil Rajapaksa at the recently concluded Global Rubber Conference

    The rubber industry in Sri Lanka has the potential to grow bigger than the garment industry. “Unfortunately, foreign investors have not seen the possibility of this factor,” says Global Rubber Industries Ltd (GRI) Managing Director Prabhash Subasinghe.

    According to GRI, a leading industrial solid tyre manufacturer based in Sri Lanka; supplying solid tyres to Original Equipment (OE) manufacturers and replacement markets in more than 45 countries worldwide since 2001; Sri Lanka is the world’s largest producer of high-quality solid tyres, dominating about 60% of the global market.

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  • Trade renewal in offing with largest Nepali biz visit in a decade

    Daily FT - 03/11/2014

    Trade renewal in offing with largest Nepali biz visit in a decade
    • ‘Time for air links, new trade’: Nepal’s Dhakwa
    • ‘Sending two teams’: EDB’s Egodage
    • Bilateral trade at $ 5 m
    • ‘Come to us & get Indo, Thai markets’: Nepal’s Dhakwa

    TEPC Member of Board of Directors and the leader of the visiting Nepali delegation Bikash R. Dhakwa (third from right) gifts a copper and gold dust plated Shakyamuni Buddha statue crafted by Nepali artisans to EDB Chairman and CEO Bandula Egodage on 29 October in Colombo

    As Lanka-Nepal trade leaped by threefold and showed new signs of revival, the biggest Nepali business delegation to Sri Lanka after almost a decade concluded their visit successfully on 2 November and also gave an unprecedented opening for the country’s artisans to enter two of the highly profitable craft markets in the region through Nepal and Sri Lanka’s creative artisans have been invited to November’s International Fair in Kathmandu.

    “Sri Lanka and Nepal have historic relations and now is the time to go to the next step; towards stronger bilateral trade. The main reason we are coming to Sri Lanka is that you have very good gem processing technology – also we need your natural precious stones,” announced Trade and Export Promotion Center (TEPC) Member of Board of Directors and the leader of the visiting Nepali delegation Bikash R. Dhakwa on 29 October in Colombo.

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  • Two Lankans clinch global rubber glory

    Daily FT - 30/10/2014

    Two Lankans clinch global rubber glory
    • Prof. Attanayaka and Lalan’s Hapangama win top awards at Global Rubber Conference

    Industry and Commerce Minister Rishad Bathiudeen hands over the GRC Wickham Award 2014 to Chairman, Lalan Rubbers Lalith Hapangama (left) and DPSTG Attanayaka (who collected on behalf of the winner Prof. DPSTG Attanayaka) on 28 October in Colombo. Chairman and CEO of EDB Bandula Egodage and Chairman Confexhub Sdn Bhd, Malaysia, Dr. Abdul Aziz (far right) were also present

    Two Sri Lankans won GRC Wickham awards at the Global Rubber Conference 2014 (GRC) held at the Cinnamon Grand Hotel on 28 October.

    “At the next Global Rubber Conference, the knowledge received at today’s sessions should be reflected and evaluated. In such a background it is important for us to continuously review developments in all the closely related aspects and industries including the global economy and currencies as well,” said Industry and Commerce Minister Rishad Bathiudeen said while speaking at the conference.

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  • Sri Lanka attends ICC Conference on Global Economic recovery in Dhaka

    Asian Tribune - 31/10/2014

    Sri Lanka attends ICC Conference on Global Economic recovery in Dhaka

    The Export Development Board of Sri Lanka led a trade delegation from Sri Lanka to participate at the International Chamber of Commerce Conference on Global Economic Recovery which was held in Dhaka on 25-26th October 2014.

    On the sidelines of the Conference, nine Sri Lankan companies included in the delegation participated in two Business Match-Making sessions with the members of the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) and the Dhaka Chamber of Commerce and Industry (DCCI) at two events on 27th October. The participating companies represented printed packaging products, garment and textile accessories, IT and education, food processing and electric cable sectors. The delegation also met with the senior officials of the Board of Investment of Bangladesh and Bangladesh Garment Manufacturers and Exporters Association.

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  • Global Rubber Conference 2014 kicks off in Colombo

    Daily FT - 29/10/2014

    Global Rubber Conference 2014 kicks off in Colombo

    The local rubber industry received much emphasis yesterday with the Global Rubber Conference (GRC) 2014 kicking off in Colombo.

    The four-day event, which started on 27 October, is taking place for the fourth consecutive year.
    The GRC is recognised to be one of the world’s leading conferences on natural rubber and NR-based products and is held on an annual basis rotating in different rubber-producing countries.

    Organised by the Sri Lanka Export Development Board (SLEDB) and Confexhub with the support from the Ministry of Plantation Industries and the Ministry of Industry and Commerce, the event saw about 250 delegates from over 25 countries come together to discuss and get updated on the pertinent issues affecting the global rubber industry.

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  • Sri Lanka has an impressive record in planting, production & export of rubber – President

    Asian Tribune - 28/10/2014

    Sri Lanka has an impressive record in planting, production & export of rubber – President

    Sri Lanka has an impressive record in the planting, production and export of rubber which is today the third largest sector to the country’s economy, said President Mahinda Rajapaksa.

    Rubber is an important part of the country’s plantation sector and its contribution to agro-industry provides gainful employment to more than 300,000 persons making it a mainstay in the socio-economic aspects of the country, he added.


    Sri Lankan Rubber and Rubber products have today earned worthy recognition for good quality and reliability in the international market, he stated.

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  • Lanka’s top global FDI partner in yet another $ 1 b rollout

    Daily FT - 28/10/2014

    Lanka’s top global FDI partner in yet another $ 1 b rollout
    • Malaysia places Lankan SMEs as top priority
    • Going up to $ 1 b: – Delegation Lead Abdullah
    • Great news for our SMEs: Rishad
    • We are moving to SA via Lanka: SME Factors’ Al Qudsy
    • Lanka-Malaysia trade at $ 577 m

    Sri Lanka’s largest global FDI partner Malaysia is mulling a new wave of incremental FDI totalling $ 1 b with an emphasis on SMEs.
    It will become one of the largest-ever Private Public Partnership (PPP) ventures in Sri Lankan SMEs and the entry of biggest SME financier in Malaysia to Sri Lanka is the first step in their South Asian leap.

    “We are thinking of another $ 1 billion portfolio in Sri Lanka in addition to the current investment portfolio here by EXIM Bank of Malaysia. SMEs are the priority sector in this new $ 1 b rollout while other sectors are also being mapped,” said Syed Zed Al Qudsy, President of SME Factors, Jalan, Malaysia on 15 October, addressing Minister of Industry and Commerce Rishad Bathiudeen at the EDB Building in Colombo.

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  • Jaffna IT Week to take IT/BPM sector north

    David Stephens , Daily FT - 25/10/2014

    Jaffna IT Week to take IT/BPM sector north

    SLASSCOM Vice Chairman and Jaffna IT Week Convener Mano Sekaram addressing the media last evening. Also present from left: SLASSCOM Executive Director Dharshan Cooray, Emeritus Chairman Madu Ratnayake, SLEDB Chairman/CEO Bandula Egodage, ICTA CEO Reshan Dewapura and University of Jaffna Senior Lecturer Dr. A. Ramanan

    The National IT/BPM Chamber, Sri Lanka Association for Software and Services Companies (SLASSCOM), in an effort to promote inclusive growth and reconciliation, will stage the Jaffna IT Week from 3-6 December at a number of venues across the region.

    The Jaffna IT Week will comprise the Future Careers Program on 3 and 4 December at the Vembadi Girls’ High School, an IT/BPM Export Forum staged at the Tilko City Hotel on 5 December and the Jaffna IT Conference, which will be held at the Kailasapathy Auditorium of the University of Jaffna on 6 December

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  • Sri Lanka represented at the largest SME Fair in the Asia Pacific region in Guangzhou

    news.lk - 21/10/2014

    Sri Lanka represented at the largest SME Fair in the Asia Pacific region in Guangzhou

    Sri Lanka participated for the first time at the 11th edition of the China International SME Fair (CISMEF) in Guangzhou from 11 to 14 October 2014. The Sri Lanka Pavilion was jointly organized by the Consulate General of Sri Lanka in Guangzhou and the Sri Lanka Export Development Board and had strong representation from business leaders of the SME sector, showcasing premium products from thrust export sectors such as gems and jewellery, tea and spices, handicrafts, handlooms and ayurvedic products.

    Mrs. Sujatha Weerakoon, Director General of the Sri Lanka Export Development Board, speaking at the opening of the Sri Lanka Pavilion pointed out that the Government’s numerous trade facilitation initiatives and President Xi Jinping’s recent State Visit to Sri Lanka have created new opportunities for even closer cooperation between Sri Lanka and China, particularly in trade and urged Sri Lanka companies present to maximize the opportunity to enter the attractive Chinese market.

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  • First-ever on-water Boat Show a success

    Daily FT - 18/10/2014

    First-ever on-water Boat Show a success
    • 2013 boat exports surge by 46%
    • Buyers and exhibitors from Korea, Maldives, Seychelles
    • Improved standards: Minister Senaratne
    • Value-added business: EDB’s Egodage

    Economic Development Minister Basil Rajapaksa (second from left), Minister of Fisheries and Aquatic Resources Development Rajitha Senaratne (third from left) and EDB Chairman/CEO Bandula Egodage at Boatshow 2014 on 10 October at Dickowita Harbour, Wattala

    Colombo’s latest international boat show, which featured an on-water boat display for the first time, concluded successfully after a three-day run on 12 October.

    “We have been talking about five hubs. Today there are two major milestones taking place at this event – the promotion of the maritime hub as well as our tourism,” said EDB Chairman and CEO Bandula Egodage, addressing the inauguration event of Boatshow 2014 on 10 October at Dickowita Harbour, Wattala.

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  • Sri Lankan ICT companies at GITEX 2014 in Dubai

    Daily FT - 16/10/2014

    Sri Lankan ICT companies at GITEX 2014 in Dubai

    Six Sri Lankan ICT companies, Brandix I3 Ltd., hSenid Software International, Microimage Ltd., Negete Ltd., Pyxle Ltd. and AP Lanka Ltd. are exhibiting their software products and services at ‘GITEX Technology Week’ from 12 to 16 October at the Dubai World Trade Centre.

    The Sri Lanka Export Development Board (EDB) organised the country pavilion in coordination with the Sri Lanka Consulate General in Dubai.

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  • US-SL trade talks conclude in Colombo

    Daily FT - 16/10/2014

    US-SL trade talks conclude in Colombo
    • GSP, labour, trade promotion among discussed items
    • SL-US biz relationship at $ 3 b: Trade Rep Delaney
    • US Ex-Im Bank renewing ties with Lanka: Rishad
    • US biz team also in town, US-SL Biz Forum today
    • YoY SL-US trade up by 21% to $2.8b

    Minister of Industry and Commerce Rishad Bathiudeen (third from left) addresses the 11th Joint Council Meeting under the US-Sri Lanka Trade and Investment Framework Agreement joined by SL Embassy in Washington DC Minister Counsellor Bandula Somasiri (far right), Sri Lanka’s Ambassador to the US Prasad Kariyawasam (second from right), Ministry of Industry and Commerce Secretary Anura Siriwardena (fourth from right), DoC DG R.D.S. Kumararatne (fifth from right) and MoIC Additional Secretary Sheita Senaratne (sixth from right) and Minister (Commercial) at Lanka Embassy in US Bandula Somasiri (right)

    Talks under the Sri Lanka and US Trade and Investment Framework Agreement (TIFA) concluded yesterday in Colombo, reiterating the commitment to foster greater bilateral economic engagement.
    “The US-Sri Lanka Trade and Investment Framework Agreement (TIFA) is the premier dialogue for managing bilateral trade and investment relationship between both countries. This relationship amounts to $ 3 b” said Michael Delaney, the visiting Assistant United States Trade Representative for Central and South Asia yesterday in Colombo.

    Delaney, who is leading a 10-member official delegation to Sri Lanka, was addressing the 11th Joint Council Meeting (JCM) under the US-Sri Lanka Trade and Investment Framework Agreement (TIFA) at the Taj Samudra, Colombo.

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  • 56% of export target achieved : Minister Rishad

    Daily FT - 08/10/2014

    56% of export target achieved : Minister Rishad
    • Jan-Aug exports bring Lanka closer to ’14 target

    With latest January-August export totals, Sri Lanka has clinched 56% of annual export target for 2014 while the spice sector has returned, as revealed on 3 October. Meanwhile, the spice industry is full of praise for the Government for the assistance lent to the sector’s development.

    “By end of this August we have already achieved 56% of our annual national export target for year 2013. Thanks to you, the committed spice and other product exporters, we are able to move towards our overall $ 20 b target now,” said Minister of Industry and Commerce Rishad Bathiudeen on 3 October in Colombo.

    Bathiudeen was addressing the 11th Annual General Meeting of The Spice Council (TSC) at the Taj Samudra Hotel. Also present on the occasion were Minister of Minor Export Crop Promotion Reginald Cooray, DoC DG R.D.S. Kumararatne,EDB DG Sujatha Weerakoone , The Spice Council Chairman Nanda Kohona, founder Chairman of the Spice Council of Sri Lanka Sarada De Silva, top officials of EDB and many leading members of Sri Lanka’s spice industry.

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  • Visit Sri Lankan Pavilion at Gardex / IFEX 2014

    06/10/2014

    Visit Sri Lankan Pavilion at Gardex / IFEX 2014

    Plans are all under way for a Sri Lankan Pavilion to be set up at Gardex / IFEX 2014, Asia’s largest show focusing on all kinds of garden and outdoor products to be held from October 15 - 17 2014 in Tokyo, Japan. Hailed as the industry’s Premier trade show, Gardex is a great meeting place for the major players.

    Sri Lanka Export Development Board joins hands with Sri Lankan Embassy in Tokyo, Japan to organize the Sri Lankan pavilion at Gardex where 8 leading Sri Lankan companies exporting Coconut-based Substrate and a leading Foliage and Live Plants exporter will be showcasing their merchandise.

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  • Boat Show 2014 to take centre stage in October

    Daily News - 06/10/2014, by Indunil Hewage

    Boat Show 2014 to take centre stage in October

    South Asia’s premier boat show and fisheries exhibition, ‘Boat Show 2014’ organized by Boat Building Technology Improvement Institute (BTI), Sri Lanka Export Development Board and Lanka Exhibition and Conference Services will take centre stage from October 10-12, 2014 at the Dickowita Fisheries Harbour under the theme ‘Promotion of Leisure Boating in Sri Lanka’.

    The main objective of the event is to attract buyers from all corners of the globe, while positioning Sri Lanka as the hub for the industry in South Asia and to develop a forum between buyers and sellers to facilitate industry growth.

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  • Matching global construction standards vital for country’s progress: Minister Rishad Bathiudeen

    Daily FT - 04/10/2014

    Matching global construction standards vital for country’s progress: Minister Rishad Bathiudeen
    • Six construction exhibitions open at BMICH
    • Sub-sector grows by 14.4%
    • Construction sector 7.3% of GDP

    Sri Lanka’s surging construction sector is not only an indicator of economic health, but also an integrator of an important economic layer, meaning that following international standards in the construction sector could help the country’s ‘Hub Status’ journey, Industry and Commerce Minister Rishad Bathiudeen said yesterday.

    “The construction sector claims only 7.3% of our GDP. However, the sector is much more important than these numbers would indicate. There is a strong SME presence in this sub-sector,” the minister expressed.

    Minister Bathiudeen was addressing the inauguration ceremony of the International Exhibition on Windows and Doors, Aluminium Extrusion, Roofing and Façade, Glass and the 2nd International Exhibition on Sri Lanka Wood at BMICH.

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  • Russia opens seafood market for Lankans

    Daily News - 03/10/2014

    Russia opens seafood market for Lankans

    Sri Lankan seafood exporters have been invited by Russia to export to the country giving a major boost to the industry.

    Russia's Ambassador to Sri Lanka Alexendra Karchava speaking at the Russia Sri Lanka Business Council AGM and a meeting with Sri Lankan seafood exporters said in current political and economic context, Russia is seeking to diversify its food items market and reorient it from European countries by reaching towards new suppliers in new regions, particularly, in Asia.

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  • Top corporates in Lanka’s first industrial energy push

    Daily FT - 29/09/2014

    Top corporates in Lanka’s first industrial energy push
    • 11 top Lankan manufacturers in pilot project
    • ‘Round one a success, mulling second!’: Rishad
    • ‘Slowly getting-off from oil powered energy’: CEB’s Prof. Perera

    Several top Lankan manufacturing firms have been enlisted in the first ever industrial energy initiative as announced on 25 September. As a result of the success, a second manufacturing energy initiative is now being mulled. And, Ceylon Electricity Board is slowly ‘getting off’ from expensive oil powered generation!

    Minister of Industry and Commerce of Sri Lanka Rishad Bathiudeen (third from left) inaugurates 12th POWER Sri Lanka 2014 International Expo at Sri Lanka Exhibition and Conventions Centre, Colombo joined by (from left): CEMS Sri Lanka CEO Sarwar, Central Engineering Consultancy Bureau Chairman Nihal Rupasinghe, CEMS Global Asia Pacific Group CEO S.S. Sarwar, EDB Chairman & CEO Bandula Egodage and Ceylon Electricity Board Vice Chairman Professor Kapila Perera on 25 September

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  • Jan-August exports up by 14%’-Rishad

    Asian Tribune - 26/09/2014

    Jan-August exports up by 14%’-Rishad

    Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka-second from left) prepares to address the Fifth National Exporters Forum held at EDB on 25 September as Anura Siriwardene (Secretary, Ministry of Industry and Commerce-far left), Bandula Egodage (Chairman & CEO-EDB-third from left), Sujatha Weerakoone (DG-EDB-far right) look on.

    Sri Lanka’s January-August exports have surged by a strong 14%, as announced on 25 September. And more than 110 exporters and Chamber reps have thronged the fifth national Exporters’ Forum in Colombo.

    “I am pleased to say that according to the latest provisional data by EDB , January to August 2014 exports have increased by a strong 14.03% to $ 7.34 Bn. As committed exporters, it is your valuable efforts that can help us, to move our target, of $ 20 Billion exports, by 2020, under the committed vision, of HE the President Mahinda Rajapaksa” said a satisfied Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 25 September.

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  • Sri Lanka starts work on global consumer compliance

    21/09/2014 Asian Tribune

    21/09/2014
    Sri Lanka starts work on global consumer compliance

    From left: Sujatha Weerakoone (DG-EDB), Antony Taubman (Director of the WTO’s Intellectual Property Rights Division), Anura Siriwardene (Secretary, Ministry of Industry and Commerce), Gretchen Stanton (Senior Counsellor, World Trade Organization) and RDS Kumararatne (DG-DoC) at the 18 September WTO session in Colombo.

    Sri Lanka has begun compliance work on the global consumer end of its exports basket on 18 September. And no less than two top experts from Geneva’s WTO are in town to facilitate the pioneering effort.

    “Today, more countries around the world continue to reduce their border tariffs, either unilaterally or through an increasing number of free trade agreements, called as RTAs-Regional Trade Agreements. Non-tariff barriers such as SPS and TBT measures have begun to create a significant impact on international trade. Unfortunately, most of these measures appear to be highly complex and increasingly challenging” said Anura Siriwardene (Secretary, Ministry of Industry and Commerce) on 18 September in Colombo.

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