• Top 5 Cybersecurity Predictions for 2019

    16/01/2019

    02/01/2017
    Top 5 Cybersecurity Predictions for 2019

    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...

    Labels : Blog Archive

    Read more
  • Sripalie recognised at CIDA 2018 Awards

    16/01/2019 Export Services Division

    02/01/2017
    Sripalie recognised at CIDA 2018 Awards

    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.

    Labels : Blog Archive

    Read more
  • National Quality Infrastructure of Sri Lanka: a key driving factor to augment Sri Lanka’s position in the International Trade

    10/01/2019

    02/01/2017
    National Quality Infrastructure of Sri Lanka: a key driving factor to augment Sri Lanka’s position in the International Trade

    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...

    Labels : Blog Archive

    Read more
  • Finding Sri Lanka’s Own Brand of Wellness

    10/01/2019 Export Services Division

    02/01/2017
    Finding Sri Lanka’s Own Brand of Wellness

    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.

    Labels : Blog Archive

    Read more
  • NES Looks to Harness Sri Lanka's Maritime Advantage with Boat Building Industry

    09/01/2019

    02/01/2017
    NES Looks to Harness Sri Lanka's Maritime Advantage with Boat Building Industry

    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...

    Labels : Blog Archive

    Read more
  • Exporters hail Govt.’s commitment to bolster trade

    07/01/2019 Daily FT

    02/01/2017
    Exporters hail Govt.’s commitment to bolster trade

    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.

    Labels : Blog Archive

    Read more
  • Raising the Bar on the Sri Lankan Pepper Supplies

    04/01/2019

    02/01/2017
    Raising the Bar on the Sri Lankan Pepper Supplies

    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)...

    Labels : Blog Archive

    Read more
  • Tea tree genome carries clues on how one leaf produces so many flavors

    04/01/2019

    02/01/2017
    Tea tree genome carries clues on how one leaf produces so many flavors

    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...

    Labels : Blog Archive

    Read more
  • Regulations Governing Direct Business to Consumer (B2C) eCommerce Transactions

    04/01/2019

    02/01/2017
    Regulations Governing Direct Business to Consumer (B2C) eCommerce Transactions

    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...

    Labels : Blog Archive

    Read more
  • Merchandise and service exports up 15% to $ 17 billion in 2018

    04/01/2019 Daily FT

    02/01/2017
    Merchandise and service exports up 15% to $ 17 billion in 2018

    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.

    Labels : Blog Archive

    Read more
  • Wellness Tourism in Sri Lanka on a Global Scale

    03/01/2019

    02/01/2017
    Wellness Tourism in Sri Lanka on a Global Scale

    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...

    Labels : Blog Archive

    Read more
  • Reviving Ancient Trading Routes to Refresh Export Growth

    03/01/2019

    02/01/2017
    Reviving Ancient Trading Routes to Refresh Export Growth

    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...

    Labels : Blog Archive

    Read more
  • Regular consumption of tea may protect the elderly against cognitive impairment, study suggests

    03/01/2019

    02/01/2017
    Regular consumption of tea may protect the elderly against cognitive impairment, study suggests

    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...

    Labels : Blog Archive

    Read more
  • Port of Colombo handles record-breaking seven millionth TEU

    01/01/2019 Daily FT

    02/01/2017
    Port of Colombo handles record-breaking seven millionth TEU

    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. 

    Labels : Blog Archive

    Read more
  • Enhancing Capabilities of the Footwear Industry to Maximize benefits under International Trading Arrangements

    27/12/2018 Daily FT

    02/01/2017
    Enhancing Capabilities of the Footwear Industry to Maximize benefits under International Trading Arrangements

    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.

    Labels : Blog Archive

    Read more
  • Discovering Sri Lanka's own Brand of Wellness

    27/12/2018

    02/01/2017
    Discovering Sri Lanka's own Brand of Wellness

    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.

    Labels : Blog Archive

    Read more
  • Major Driving Forces in the Processed Food & Beverages Sector

    26/12/2018

    02/01/2017
    Major Driving Forces in the Processed Food & Beverages Sector

    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.

    Labels : Blog Archive

    Read more
  • The Role of Trade Information & Promotion Support Function Under the NES

    26/12/2018

    02/01/2017
    The Role of Trade Information & Promotion Support Function Under the NES

    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.

    Labels : Blog Archive

    Read more
  • Sri Lanka: the next Maritime Logistics and Distribution Hub in the Indian Ocean

    26/12/2018

    02/01/2017
    Sri Lanka: the next Maritime Logistics and Distribution Hub in the Indian Ocean

    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.

    Labels : Blog Archive

    Read more
  • Insights from the Apparel Sector to Make NES a Success

    21/12/2018

    02/01/2017
    Insights from the Apparel Sector to Make NES a Success

    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.

    Labels : Blog Archive

    Read more