• Is Ceylon Green Tea the Secret Elixir of Life?

    28/05/2015

    02/01/2017
    Is Ceylon Green Tea the Secret Elixir of Life?

    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

    02/01/2017
    Expo Milano 2015: Global Endorsement for Sri Lanka

    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

    02/01/2017
    Switzerland assures support

    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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  • SL export earnings increase

    11/05/2015 Daily News

    02/01/2017
    SL export earnings increase

    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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  • Indian Trade Fair 2015 opens at SLECC

    08/05/2015 Daily News

    02/01/2017
    Indian Trade Fair 2015 opens at SLECC

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

    28/04/2015 Daily FT

    02/01/2017
    EDB clinches global foundry giant’s nod to boost Lankan industry nucleus

    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

    02/01/2017
    Chairmen unite to power brand Sri Lanka on a ROI model

    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

    02/01/2017
    Sri Lanka : A Great Sourcing Hub for High  quality rubber and value added rubber products

    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

    02/01/2017
    Sri Lanka to participate in Expo Milano 2015 in Italy

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

    13/03/2015

    02/01/2017
    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

    11/03/2015

    02/01/2017
    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

    10/03/2015

    02/01/2017
    Sri Lanka Targets US $8.5 Billion in 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

    04/03/2015

    02/01/2017
    Ceylon Cinnamon reigns supreme in the global Cinnamon market

    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

    26/02/2015

    02/01/2017
    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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  • DSI Dominates Design Awards, bagging Best Design Award at Footwear and Leather Fair 2015

    20/02/2015

    02/01/2017
    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

    18/02/2015

    02/01/2017
    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

    02/01/2017
    Larger presence of Sri Lankan exporters at Gulfood 2015 in Dubai

    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 gem industry eyes recovery

    11/02/2015 The Island

    02/01/2017
    Sri Lanka’s gem industry eyes recovery

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

    10/02/2015

    02/01/2017
    Sri Lanka's exports increase 9 percent in December pushing 2014 total to US$ 11 billion

    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

    02/01/2017
    Sri Lanka’s footwear & leather exports double within a year

    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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