• EDB starts first ever medical tourism push

    Daily News

    02/01/2017
    EDB starts first ever medical tourism push


    “Professional service exports present a tremendous opportunity and can speed up government’s ‘$20B exports by 2020’ goal. Medical Tourism is one of the most promising sub-sectors in this. We are ready to work with any and all stakeholders to get this off the ground” said Director General, EDB, Sujatha Weerakoone addressing the kick-off session of EDB's 2015-20 National Masterplan Initiative on Medical Tourism held at EDB last week.

    The pioneering session saw top reps from Hemas Hospitals, Asiri Group of Hospitals, Lanka Hospitals, Durdans Hospital, Nawaloka Hospitals PLC, the Health Ministry as well as M.K.S.K Maldeniya (ICT Sector Director-EDB) joining the session. The private sector reps also represent Sri Lanka’s Private Hospital Association (PHA).

    Labels : Blog Archive

    Read more
  • ICA to host 16th Congress in Sri Lanka

    02/01/2017
    ICA to host 16th Congress in Sri Lanka

    The International Colored Gem Stones Congress(ICA), the sole global think-tank which serves to benefit the colored gemstone industries have chosen Sri Lanka as its host country for its 16th congress to be held in May 16th - 19th, 2015 in Colombo at the Cinnamon Grand Hotel.

    This is the second time that Sri Lanka will be hosting the prestigious ICA event which prides itself for uniting various segments of the colored gem trade. The theme for the event is `Sapphire and MORE`. A `Facets Congress Gem Show` will also be held from May 15th to 18th at same venue.

    Labels : Blog Archive

    Read more
  • Lanka vying for $3B rubber sector

    Asian Tribune - 07-09-2014

    02/01/2017
    Lanka vying for $3B rubber sector

    Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka–second from right) and HE Azmi Zainuddin (Malaysian High Commissioner to Colombo-second from left) join to inaugurate Global Rubber Conference 2014 (to be held in October in Colombo) on 28 August in Colombo as Dr Abdul Aziz (Secretary General of International Rubber Research & Development Board-far left) and Bandula Egodage (Chairman & CEO-EDB-far right) look on.

    As the first ever Global Rubber Confab to be held in Sri Lanka is announced on 28 August, the country positioned its historic rubber industry to be a $ 3B sector. And a top global rubber body voiced that rubber prices would recover ‘before very long’.

    “We are now aiming at an ambitious $3B rubber industry in the coming decade. To arrive at this $3B in a viable manner, it is essential for us to support our rubber farmers. I believe it is time for a long term development plan for this sector. The 2013 rubber exports of $960 Mn is a 100% increase compared to rubber exports five years ago” said a keen Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 29 August in Colombo.

    Labels : Blog Archive

    Read more
  • Sri Lanka-China FTA deal during Chinese President’s visit next month

    Sunday Times - 31-08-2014

    02/01/2017
    Sri Lanka-China FTA deal during Chinese President’s visit next month

    Sri Lanka will be launching its Free Trade Agreement (FTA) with China making the biggest leap forward in relations between the two countries in more than 60 years, during Chinese President Xi Jinping’s state visit to the island next month, official sources revealed.

    Mr. Xi will be accompanied by a 150-member top level delegation including senior officials, billionaire businessmen industrialists and investors.

    The Chinese leader will become the first President to visit Sri Lanka since former leader Li Xiannian in 1986. His visit assumes significance in strengthening ties between the two countries, with China investing heavily in the island nation, the sources said. The joint feasibility study on the FTA has been finalised and negotiations on formulating the agreement including the negative list are underway between officials of the departments of commerce between the two countries, a senior government official told Business Times.

    Labels : Blog Archive

    Read more
  • Branding would give Lankan rubber boost

    02/01/2017
    Branding would give Lankan rubber boost

    The Plastic and Rubber Institute of Sri Lanka CEO Forum recently mooted ideas for improving plastic and rubber industries in Sri Lanka.

    While quality adding has been long discussed topic of improvement, it was discussed that branding Sri Lankan rubber will give Sri Lankan rubber a significant boost.

    Chairman and CEO of the Export Development Board of Sri Lanka, Bandula Egodage, who attended the event said rubber is one of the chief exports in Sri Lanka and Sri Lanka's rank in the contribution of rubber exported globally is 32% . However, he also said Sri Lanka's solid tyres rank at the first place in exports, which is a clear indication that there is a market for value added goods rather than just the raw form.

    Labels : Blog Archive

    Read more
  • AWARENESS SEMINAR/WORKSHOP ON ORNAMENTAL FISH FOR THE EXPORT MARKET - NWP/NCP

    02/01/2017
    AWARENESS SEMINAR/WORKSHOP ON ORNAMENTAL FISH FOR THE EXPORT MARKET - NWP/NCP

    The North Western Provincial office of the SLEDB, successfully conducted the awareness seminar/workshop on Ornamental Fish for the export Market on 12th August 2014 in the auditorium of District Secretariat-Kurunegala with the participation of 110 export oriented Ornamental Fish farmers in North Western & North Central Provinces. The programme was organized by the NWP-EDB with the assistance of National Aquaculture Development Authority (NAQDA).

    The main objective of conducting this programme is to increase the capacity of export oriented ornamental fish farmers in the region by way of enhancing Technical/Market awareness and facilitating linkages between farmers and exporters in order to develop consolidated supply base of quality ornamental fish for exports.

    Labels : Blog Archive

    Read more
  • Korean Push for First Ever Lanka Regional Apparel Training

    Source: Department of Government Information, Sri Lanka

    02/01/2017
    Korean Push for First Ever Lanka Regional Apparel Training

    As apparel revenues topped $2.4 Bn in ’14 1H, in a new development, Korea has extended its support to enhance industry capacity in North-and Sri Lanka’s crucial apparel industry training efforts have now expanded to regions for the first time.

    “We are receiving today’s apparel technical support thanks to Korea International Cooperation Agency (KOICA) and the Government of Korea. Thanks to KOICA, our apparel training efforts have entered the regions” said Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka and Vanni MP on Sunday (04) in Mannar..

    Labels : Blog Archive

    Read more
  • “FACETS Sri Lanka” To Sparkle For The 24th Year

    02/01/2017
    “FACETS Sri Lanka” To Sparkle For The 24th Year

    FACETS Sri Lanka 2014, the prestigious International Gem and Jewellery Show that showcases hundreds of local and foreign exhibitors, will be held from 4th - 7th September at the Sirimavo Bandaranaike Memorial Exhibition Centre.

    This year’s exhibition will comprise over 150 booths with a variety of Gem and Jewellery that include precious and semiprecious gems.

    Labels : Blog Archive

    Read more
  • SL, Vietnam two way trade grown by 100 percent

    02/01/2017
    SL, Vietnam two way trade grown by 100 percent

    Relations between Vietnam and Sri Lanka are fast developing, and two way trade between the countries has grown by nearly 100 per cent during the last three years, Vietnamese Ambassador to Colombo Ton Sinh Thanh said.

    He added, the two-way trade over the past three years has been increasing by around 30 per cent per year, the highest rate among Vietnam trade with other South Asian countries. He made thise revelation at the opening of the first ever Sri Lanka Vietnam business centre in Kelaniya, a venture promoted by the APL Group of Companies. Ambassador Thanh identified the new centre as an important landmark in the economic relations between the two countries. Highlighting the rapid growth of economic relations between the two countries the Ambassador said ; "in the first half of this year our bilateral trade volume reached US $109 million, almost equal to the volume of the whole year 2011. The Ambassador predicted that the total trade volume between the two countries this year will surpass US $200 million.

    Labels : Blog Archive

    Read more
  • Japan positive on FTA, wants economic regime strengthened

    Asian Tribune - 30-07-2014

    02/01/2017
    Japan positive on FTA, wants economic regime strengthened

    As Sri Lanka-Japan bilateral trade jumped $890 Mn and edged to $ 900 Mn mark, a keen Japan signalled towards a Lanka-Japan FTA for the first time-albeit with a qualifier. “In terms of country risk and future potential, I believe Sri Lanka is quite promising. We consider that FTA and EPAs as very useful means to promote trade. Mere conclusion of FTAs alone is not sufficient for better trade however. What is important is to develop a very robust foundation here” said a confident Kazuyoshi Akaba, the visiting Japanese Senior Vice Minister of Economy, Trade & Industry (METI) on 28 July in Colombo.

    Japanese Minister Akaba was responding to Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 28 July during his bilateral session with the Sri Lankan team led by Minister Bathiudeen at Ministry of Industry and Commerce, Colombo 3.

    Labels : Blog Archive

    Read more
  • Global Rubber Conference 2014 to be held in Sri Lanka

    02/01/2017
    Global Rubber Conference 2014 to be held in Sri Lanka

    Sri Lanka has been selected to host one of the world’s leading conferences on natural rubber Global Rubber Conference (GRC) 2014.

    The three-day international event will be held from 27 to 30 October 2014 at the Cinnamon Grand in Colombo.

    Global Rubber Conference 2014 themed “Sowing the Seeds for Sustainable Future” is expected to bring together over 700 experts and delegates representing over 25 countries.

    Labels : Blog Archive

    Read more
  • MINT- an opportunity to diversify Sri Lanka’s export markets

    02/01/2017
    MINT- an opportunity to diversify Sri Lanka’s export markets

    In 2001, economist Jim O’Neill famously coined the term ‘BRIC’ to refer to the newly emerging economies of Brazil, Russian, India, and China. In 2014 O’Neill has now popularized a newer and what the BBC calls ‘fresher’ term – MINT – Mexico, Indonesia, Nigeria and Turkey (put forward by Fidelity Investments).

    In a time where many developed nations are facing a crisis with regard to their ageing population, what makes MINT stand out, according to O’Neill, are their favourable demographic statistics. Mexico, Indonesia, Nigeria and Turkey are four of the world’s most heavily populated emerging economies, with populations of 118, 237, 174 and 73 million respectively. To add to that in the next 20 years all four countries will see a rise in the number of economically active workers to inactive - meaning they will have a declining dependency ratio. What this will do is ease the burden off the government. In recent years an increasing dependency ratio has plagued countries from the UK to Japan, putting pressure on government budgets and the shrinking work force. Thus the demographics of MINT will certainly be a source of envy for their more developed counterparts.

    Labels : Blog Archive

    Read more
  • “Sri Lanka will be in the next five emerging countries”: French Ambassador

    Daily FT- 23-07-2014

    02/01/2017
    “Sri Lanka will be in the next five emerging countries”: French Ambassador

    A session on ‘Bilateral Trade between Sri Lanka and France’ organised by the National Chamber of Commerce was held with the participation of Ambassador of France Jean Paul Monchau, as a Special Guest Speaker and assisted by Commercial Counsellor of the Trade Section of the Embassy Jean Louis POLI, at the Chamber, last week. Additionally Government senior officials- Director General Commerce, Director General, Export Development Board and Board of Investment graced the occasion.

    Labels : Blog Archive

    Read more
  • EDB enters WTO global benchmark

    Daily News - 17-07-2014

    02/01/2017
    EDB enters WTO global benchmark

    For the first time, the Export Development Board has entered WTO, UNCTAD, ITCs benchmark of global export agencies and finished among the top ten. EDB has come to the sixth spot among 30 national trade promotion organisations across the world, benchmarked by the International Trade Centre under WTO and UNCTAD. EDB's score in 2012 study is above average and the next level to move is 80% "High level TPO Performance" category and then, finally to 100% -what we call "world class".

    "EDB has done quite well in International Trade Centre's 2012 Lanka EDB benchmarking test. EDB has come to sixth spot among 30 national trade promotion organisations across the world, benchmarked by us-the International Trade Centre under WTO and UNCTAD" said Geneva based Martin Labbe (Senior Officer, Trade Support Institutions Strengthening, International Trade Centre, Switzerland) in Colombo addressing the inaugural session of the four day "Performance Improvement Roadmap for Sri Lanka's EDB by ITC" at the EDB Auditorium, Colombo.

    Labels : Blog Archive

    Read more
  • ‘France’s economic power to weld with Sri Lanka’s rapid growth’

    02/01/2017
    ‘France’s economic power to weld with Sri Lanka’s rapid growth’

    ‘Preparations for CHOGM. Colombo was a busy hive of activity. We were wondering if infrastructure for that event could be completed. It was done. No problem. It was a substantial undertaking of deft organization; of things falling into place. Of every little detail being

    observed and the main event worked off with clinical attention to detail, said Ambassador of France to Sri Lanka Jean-Paul Monchau recently, talking to the business community and the press at the National Chamber of Commerce auditorium.

    Labels : Blog Archive

    Read more
  • Boat Show 2014 to attract major buyers to Dickowita

    Daily News - 16-07-2014

    02/01/2017
    Boat Show 2014 to attract major buyers to Dickowita

    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 October10 to12 at the Dickowita Fishery Harbour.

    The theme of the event is ‘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. The main feature of this year’s event will be the meeting of the International Marina Group of the ICOMIA, concentrating on the promotion of marina development and the development of leisure boating tourism.

    Labels : Blog Archive

    Read more
  • INTRODUCING AND IMPLEMENTING FAIR TRADE TO THE CRAFT SECTOR

    02/01/2017
    INTRODUCING AND IMPLEMENTING FAIR TRADE TO THE CRAFT SECTOR

    The EDB recently held a workshop in Batticaloa to introduce the Fair Trade Concept to the Craft sector in the Eastern Province. The workshop was attended by around 40 participants representing giftware, lifestyle and handloom products. The workshop was conducted by Mr. Paul Myers, Expert on Fair Trade from U.S.A and there was a lot of interest shown by the companies /individuals present.

    Labels : Blog Archive

    Read more
  • Awareness Seminar/Workshop On Cut Foliage and Flowers For The Export Market For Export Oriented Out Growers In NW Province

    02/01/2017
    Awareness Seminar/Workshop On Cut Foliage and Flowers For The Export Market For Export Oriented Out Growers In NW Province

    The North Western Provincial office of the SLEDB, successfully conducted the awareness seminar/workshop on Cut foliage & flowers for the export Market on 20th June 2014 in the auditorium of District Secretariat-Kurunegala with the participation of 102 Cut foliage & Flowers out growers in North Western Province. The programme was organized by NWP-EDB with the assistance of Department of Agriculture.

    The main objective of conducting this seminar was to increase the capacity of export oriented cut foliage out growers in the Province by way of enhancing Technical/Market awareness and facilitating linkages between out growers and exporters in order to develop consolidated supply base of quality Cut foliage & flowers for exports from Regions.

    Labels : Blog Archive

    Read more
  • Three-day ‘Israel-Sri Lanka Business Forum’ on 25 June

    02/01/2017
    Three-day ‘Israel-Sri Lanka Business Forum’ on 25 June

    The Sri Lankan Embassy in Israel in collaboration with the Export Development Board in Sri Lanka, Ministry of External Affairs in Sri Lanka, LR Group in Israel and the Israel-Asia Chamber of Commerce in Israel, has organised a ‘Business Forum’ for the Sri Lankan and Israeli business communities from 25 to 27 June, in order to strengthen bilateral, commercial, trade, cultural and other relations between the two friendly nations.
    Main topics to be dealt with will include tourism, technology, water, energy, medical, apparel, employment, agriculture, green house cultivation, diary, fish, flora and fauna, diamonds, gems, jewellery, rubber, hospital, pharmaceuticals, highways, construction and any other topics by the prospective delegates based on their requirements.

    Labels : Blog Archive

    Read more
  • Sri Lankas' Participation at SIAL - 2014

    02/01/2017
    Sri Lankas' Participation at SIAL - 2014

    Sri Lanka Export Development Board in collaboration with the Consulate General Office in Toronto, Canada organized the Sri Lanka’s participation at SIAL Canada 2014. . Five Sri Lankan food & Beverages exporting companies participated in the programme.

    Labels : Blog Archive

    Read more