• Morocco looking for more trade, JVS with Sri Lanka

    24/07/2013 Daily Mirror

    02/01/2017
    Morocco looking for more trade, JVS with Sri Lanka

    Morocco has shown keen interest to boost trade and industrial cooperation with Sri Lanka.

    “We need to expand our bilateral trade as well as our industrial cooperation. Investors from both countries can also enter into joint ventures in many sectors; we are strong in rubber and fishery -technologies that Sri Lanka can benefit from us considerably,” said Moroccan Ambassador to Sri Lanka, Larbi Reffouch during his recent meeting with Industry and Commerce Minister Rishad Bathiudeen at the Export Development Board.

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  • ‘Start making use of benefits given to industries’- Minister Rishad Bathiudeen

    19/07/2013 The Island

    02/01/2017
    ‘Start making use of benefits given to industries’- Minister Rishad Bathiudeen

    Rishad Bathiudeen (Minister of Industry & Commerce-centre) and Dr PB Jayasundara, (Secretary, Ministry of Finance and Planning-right) at the Forum on 'Government Strategy for Industrial Development of Sri Lanka' on 16 July held at the Ministry of Industry and Commerce, Colombo 3.

    Industrialists should make the maximum use of the many facilities and benefits given to them by the government. "To develop our industry sector, the government has given many facilities to our industries and industrialists should start making maximum use of them. As the facilitators of industry development of Sri Lanka, we thank Dr PB Jayasundara, the Secretary, Ministry of Finance and Planning for directly meeting our industrialists on 16 July and successfully explaining and updating them on the government policies on industries" said Rishad Bathiudeen, Minister of Industry and Commerce on 16 July in Colombo, as quoted in a press communiqués issued by the ministry.

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  • Lankan business delegation in South Africa

    14/07/2013 Sunday Observer

    02/01/2017
    Lankan business delegation in South Africa

    The visit of a Sri Lankan business delegation to South Africa is a joint initiative of the Sri Lanka High Commission in Pretoria and the Sri Lanka Export Development Board (EDB) and Tea Board for the participation of Sri Lankan exporters at the SAITEX 2013 International Trade fair held at the Gallagher Convention Centre in Midrand from June 30 to July 2.

    Leading Sri Lankan companies - DSI Tyres, Kelani Cables, Rathna Cinnamon Producers and Exporters, Queens Workwear, Nature's Secrets and Lalan Rubber - exhibited at the Sri Lanka pavilion while Basilur Tea Exporters and Sunshine Tea Exporters were at the Tea Board pavilion at the exhibition.

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  • Tunisia invites Lankan apparel suppliers for a joint venture

    13/07/2013 news.lk

    02/01/2017
    Tunisia invites Lankan apparel suppliers for a joint venture

    Tunisia, the fifth phosphate producer in the world and a high end, high speed apparel supplier to European fashion world is showing a new opening for Lankan apparel supply chains. And Tunisia is agog over Sri Lanka’s growth rates. “We are almost taken up by your strong GDP growth rates that exceed 6%. I congratulate Sri Lanka for its spectacular growth.

    hen you specially compare with the world economic growth rate, it’s such a leading rate” said Tarek Azouz, Ambassador of Tunisia to Sri Lanka on Wednesday (10).

    Azouz was addressing Rishad Bathiudeen Minister of Industry & Commerce during his courtesy call on Minister Bathiudeen at EDB premises in Colombo. Also present along with Minister Bathiudeen were Anura Siriwardena Secretary, Ministry of Industry and Commerce and Bandula Egodage Chairman, Export Development Board and officials from the Department of Commerce.

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  • Lanka rejuvenates a crucial export setup

    12/07/2013 news.lk

    02/01/2017
    Lanka rejuvenates a crucial export setup

    “Today is an important day in Sri Lanka’s exports sector. We are appointing the Advisory Committees of Sri Lanka’s premier national exports organization, the EDB, and also launching the next international mega event in our exports calendar which is the ‘EXPO 2014” said Minister Bathiudeen, and added: “The global markets continue to show changing demand patterns, not only due to the recent global economic crisis but also as a result of long term fundamental changes in overall global consumption and shifting world market patterns. For example, 66% of the world market and population growth in the next century is expected to come from Africa."

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  • EDB to develop medical, health tourism

    02/07/2013 Daily News

    02/01/2017
    EDB to develop medical, health tourism

    The Export Development Board (EDB) has identified the potential growth of global Medical Tourism sector and capability of Sri Lankan medical and health tourism providers. EDB has requested assistance of International Trade Center (ITC) to develop this sector.

    Accordingly ITC decided to have a case study in Sri Lanka health /medical tourism sector to access the capabilities of Sri Lanka in this sector and to benchmark Sri Lankan capabilities compared to the global Medical Tourism Industry.

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  • Lanka, Eu trade on the rise

    24/06/2013 Daily News

    02/01/2017
    Lanka, Eu trade on the rise

    Minister Bathiudeen with Ambassador Bernard Savage

    As bilateral trade volume closes in on the crucial $ 5Bn mark, historic dialogue between Sri Lanka and the European Union appears to bolster even further. “We look for better trade levels and also thank EU for its on-going support,” said Rishad Bathiudeen, Minister of Industry and Commerce.

    Minister Bathiudeen was addressing Ambassador Bernard Savage (Head of the Delegation to Sri Lanka and the Maldives from the European Commission) on 20 June during Amb. Savage’s farewell courtesy call on Minister Bathiudeen at the EDB premises, Colombo.

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  • Processed food exports top $ 73 m

    23/06/2013 Sunday Observer

    02/01/2017
    Processed food exports top $ 73 m

    “In 2012, 26% of total food and beverages exports were processed foods, at $ 73.4 million.

    Our overall processed food exports which stood at $ 67.1 million in 2010 rose to a strong $ 95 million in 2011,” said Minister of Industry and Commerce, Rishad Bathiudeen at the launch of the first International Food Safety and Compliance training sessions for Sri Lanka’s food exporters by Associate Professor of the Department of Food Science and Human Nutrition of the Washington State University, Food Scientist, Dr. Barbara Rasco, were held at the Ministry of Industry and Commerce.

    The pioneering session was organised by the Sri Lanka Food Processors’ Association and the Ministry of Industry and Commerce with the Spice Council and VEGA-FEG. The sessions were held from June 11 to June 21.

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  • ‘More Americans looking for Lankan spiced food’ – Dr Rasco

    19/06/2013 Daily News

    02/01/2017

    For the first time in Sri Lanka’s exports history, a renowned global food scientist began on June 11 to extensively train Lankan food exporters on the much needed international regulatory compliance rules. And processed food has grown to become a key component of Sri Lanka’s overall annual food exports.

    “In 2012, 26% of total food and beverages exports were processed foods, at $ 73.4 mn. Our overall processed food exports which stood at $ 67.1 mn in 2010 rose to a strong $ 95 mn in 2011,” said Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka on June 11 in Colombo. Minister Bathiudeen was addressing the launch event of fist International Food Safety and Compliance Training session by globally renowned Food Scientist Dr. Barbara Rasco, Associate Professor of the Department of Food Science & Human Nutrition of the Washington State University.

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  • Rishad, top Washington scientist start Lanka’s first Food Compliance

    19/06/2013 news.lk

    02/01/2017
    Rishad, top Washington scientist start Lanka’s first Food Compliance

    For the first time in Sri Lanka’s exports history, on June 11, a renowned global food scientist began  to extensively train Lankan food exporters on the much needed international regulatory compliance rules.

    Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka said that processed food has grown to become a key component of Sri Lanka’s overall annual food exports. In 2012, 26% of total food and beverages exports were processed foods, at $ 73.4 Mn. Sri Lanka's overall processed food exports which stood at $ 67.1 Mn in 2010 rose to a strong $ 95 Mn in 2011 added the Minister.

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  • Sri Lanka cinnamon exporters required to adhere to specifications

    15/06/2013 Colombo Page News Desk

    02/01/2017
    Sri Lanka cinnamon exporters required to adhere to specifications

    Senior Minister for International Monetary Co-operation Dr. Sarath Amunugama has proposed to make it mandatory for Sri Lanka's cinnamon exporters to adhere to the specifications for Sri Lanka standard for exporting of cinnamon.

    The proposed measure is aimed at preventing the export of low quality cinnamon and enhancing the production of cinnamon in the country sustaining the livelihood of more than 350,000 families engaged in the industry, the government says.

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  • Sri Lanka, Austria talks on development projects

    13/06/2013 Daily News

    02/01/2017
    Sri Lanka, Austria talks on development projects

    The growth of bilateral trade between Sri Lanka and Austria, despite the economic recession in Europe and the steady increase in direct foreign investment from Austria augur well for the future of relations between Sri Lanka and Austria, External Affairs Minister Professor G L Peiris said.

    He said this during a meeting on Tuesday with Austria's Vice Chancellor (Deputy Prime Minster) and European and International Affairs Minister Dr Michael Spindelegge at the Foreign Ministry in Vienna.

    The ministers noted that Austrian companies are showing increasing interest in bidding for major infrastructure development projects, while others have already undertaken construction projects in Sri Lanka, including the Greater Colombo sewerage system rehabilitation project.

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  • Sri Lanka Economic Summit from July 9-11

    08/06/2013 Daily News

    02/01/2017

    The 14th annual Sri Lanka Economic Summit which scheduled to be held from July 9-11, 2013 in Colombo will have one of its sessions discussing about Sri Lanka's export strategy.

    The Government policy framework has targeted to raise the rate of growth in exports to double that of GDP growth, but exports as a % of GDP have halved from year 2000 to 2012. The share of exports of Sri Lanka as a percentage of world exports has also declined over the years to reach 0.06% by 2011. The basket of merchandise exports from Sri Lanka as well as our exports markets have remained largely unchanged over the last few decades. The foregoing situation and change in the global economic scenario, with Asia gaining ground over the West, require us to rethink our export strategy given the importance of exports to a small economy targeting to achieve sustained high economic growth in the future.

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  • Ayurveda Expo 2013 from July 12-14

    26/05/2013

    02/01/2017

    Ayurveda Expo 2013, the international indigenous healthcare exhibition organised by the National Chamber of Commerce of Sri Lanka (NCCSL) will be held at the BMICH from July 12 -14.

    The exhibition is held for the fourth consecutive time in Sri Lanka in collaboration with the Ministry of Indigenous Medicine, Ministry of Industry and Commerce and the Export Development Board.

    The objective of the exhibition is to showcase the potential of Sri Lanka's indigenous medical sector and its products and services for the tourism industry.
    Ayurveda 2013 Steering Committee Chairman Thilak Godamanna said many Sri Lankan and Indian organisations engaged in indigenous medical product manufacturing and services have already reserved stalls.

    He said delegations from Japan, India, Germany, South Africa and China (Shanghai) have confirmed participation in the exhibition.
    A Symposium on South Asian Traditional Medicine will be held on July 13 at the same venue, where world-renowned professionals in the sector will make presentations on the latest research findings in the sector.

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  • Lanka export acceleration push begins

    08/09/2004 Asian Tribune

    02/01/2017
    Lanka export acceleration push begins

    Rishad Bathiudeen (Minister of Industry and Commerce-second from left) briefs Anton Said (Chief of Export Strategy, ITC-second from right) about Sri Lanka’s export landscape on 13 August in Colombo as Anura Siriwardene (Secretary-Ministry of Industry and Commerce-far left) Bandula Egodage (Chairman & CEO, EDB-third from left) and Pablo Lo Moro (Senior Advisor-Export Strategy, ITC-seated far right) look on.

    Exports, being the lifeline of Sri Lankan economy, is a national priority. The urgency of exports accelerating strategy is such that it could kick-start even before its full design cycle is over. Meanwhile, Brand Sri Lanka packs hidden potentials that could be leveraged for national export growth.

    “At the end of the day the buck lands at somebody’s desk. Who is ultimately responsible? We can start implementing the export acceleration strategy while it is being designed and before it’s totally finalised. We may not need to wait until it is fully endorsed” voiced a determined Anton Said (Chief of Export Strategy, ITC) on 13 August in Colombo.

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  • Sri Lanka launches third ICT survey with PwC

    02/01/2017
    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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  • Sri Lankan tea exporters enjoy a great slice of the global tea market.

    02/01/2017
    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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  • Apparel exports top US$ 4.3 b upto Nov 2014

    02/01/2017
    Apparel exports top US$ 4.3 b upto Nov 2014

    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

    02/01/2017
    ‘Lanka FTA will be very big news back home’–Yunnan Province

    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

    02/01/2017
    Lanka to participate in Japan’s largest jewellery trade show

    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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