Keep Abreast With the Exports and Exporters in Sri Lanka

Today, with cybercriminals operating like a penetration tester in the way they scope out the network probing for vulnerabilities and weak entry points, those responsible for IT security will once again need to adjust their strategy and defences. The Sophos 2019 Threat Report detailed how criminals are...

Sripalie Contractors Ltd. is the proud recipient of a Merit Award at the National Construction Excellence Awards 2018, presented by the Construction Industry Development Authority (CIDA) for the year 2018. The award was given to Sripalie Contractors for the construction of the Apartment Buildings for Prime Homes Ltd. at Thalawathugoda.

Sri Lanka aspires to become a middle-high income country by 2025 by having a highly-competitive economy with a diversity of products and services for local requirements and export markets. An increase on export revenue will be achievable only through consolidating Sri Lanka's share in the existing markets...

With the concept of wellness becoming a buzzword in the world, the tourism industry has capitalized on its potential by offering travel experiences that have health and well-being as a core component. International travellers are increasingly considering wellness when planning their holiday itinerary. With trips being organized based on concepts such as physical, psychological and spiritual wellbeing, healthy food and spa treatments.

Sri Lanka is making a renewed attempt to leverage its geographic advantage in the East-West shipping route, this time as a boat builder and marine tourism destination under the National Export Strategy. The five-year plan formally launched in July 2018 identifies boat building and its related services...

Exporters last week hailed the Government’s commitment towards encouraging new champions to international trade and facilitation to ensure Sri Lanka reaches its targets by end of this year whilst urging immediate action over some of the concerns.

Black pepper (Piper nigrum L.), popularly hailed as the “King of Spices”, is the most significant and widely used spice in the world. There’re but a few countries in Asia including Sri Lanka and the Pacific, Brazil and Madagascar that produce pepper. Last year (January -November 2018)...

The most widely consumed varieties of tea - including black tea, green tea, Oolong tea, white tea, and chai - all stems from the leaves of the evergreen shrub Camellia sinensis, otherwise known as the tea tree. Irrespective of tea's vast cultural and economic significance, the shrub behind the tea leaves...

As promulgated by the Ministry of Finance & Mass Media on June 29, 2018, a number of key regulations concerning B2C transactions on the eCommerce platform came into immediate effect on July 01, 2018. Accordingly, at EDB, we deem it fit to educate the local exporters who transact with overseas buyers...

Sri Lanka’s merchandise and service exports in 2018 are estimated to have hit an all-time high of $ 17 billion, up 15% from a year earlier prompting the Government to be confident of achieving the $20 billion milestone this year.

As the leading tourism body in the nation to drive the growth of the tourism sector in the country, Sri Lanka Tourism Promotion Bureau contributes to promote destination Sri Lanka with its continual tourism promotional campaigns, events, and consumer fairs and international press trips. Tourism in Sri...

Sri Lanka will endeavour afresh to put its spices back on the global trading map with a comprehensive new plan launched in July 2018. The National Export Strategy (NES) is a coherent action plan developed by public and private sector stakeholders to elevate Sri Lanka's spice trade from a mere commodity...

A humble cup of tea a day can keep dementia away, and this is specially so for those who are genetically at risk of developing the debilitating disease, according to a recent study led by Assistant Professor Feng Lei from the Department of Psychological Medicine at National University of Singapore's...

Marking a major milestone, the Port of Colombo handled its seven millionth TEU yesterday, 31 December.

A special function was held at the Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) to celebrate the handling of the seven million mark. The function was attended by Minister of Ports, Shipping and Southern Development Sagala Rathnayake and Ministry of Ports, Shipping and Southern Development Secretary and Sri Lanka Ports Authority (SLPA) Chairman Dr. Parakrama Dissanayake. 

The Footwear and Leather sector has been identified as a potential sector by way of creating employment opportunities and earning and saving foreign exchange earnings. Since the local market is limited, exports are essential for the sustainability of the industry. This industry clearly has a significant potential for being a key contributor to the economy of the country, if empowered by appropriate support and guidance. At Present the footwear and Leather industry and its supporting industries including marketing chain employs around 250,000 people directly and indirectly. Sri Lanka’s exports of this sector was US$ 131.38 million and exports to EU was US$ 38.52 million in 2017.

With the concept of wellness becoming a buzzword in the world, the tourism industry has capitalized on its potential by offering travel experiences that have health and well-being as a core component.

The processed food and beverages sector is one of the world's largest industries, and manufactures a wide range of food and drinks to cater to the growing needs of the global population.

Trade Information & Promotion (TIP) is no doubt the most vital Trade Support Function in the National Export Strategy (NES) which will strengthen the capacities and efficiencies of Sri Lankan entrepreneur's market-entry.

Sri Lanka harbours the aspirations to become South Asia's foremost maritime, logistics and distributions hub considering its geographical position in South Asia, which is located at the crossroads of the fastest-growing region of the world that generates the competitive edge over the other regional players.

The momentum that was created in the 1970s, actually was centred around a totally different economic philosophy, where the survival of the economy would depend, not on the creation of industries within the country for domestic consumption, but on export capabilities.