• Sri Lankan electronic exports at $343 mn

    08/11/2015 Daily News

    02/01/2017
    Sri Lankan electronic exports at $343 mn

    Prof Ajith P. De Alwis (Project Director-COSTI), Himali Jinadasa (Actg DG-EDB), and Harin de Silva Wijeyeratne (SLINTEC CEO) at “New Product Innovation and Export of Hi Tech for Economic Growth of Sri Lanka”

    Sri Lanka’s fledgling R&D innovation and start up cluster has hit big time in its maiden funding round and several hi-tech start ups, having crossed their R&D experiments barrier are now poised to commercialise their innovations anytime.

    “The government’s vision is to transform Sri Lanka into a strategically important global economic centre. Increasing the share of hi-tech exports is essential to face the intense competition in the global market” stressed Himali Jinadasa, Acting Director General, Export Development Board, (EDB).

    Labels : Blog Archive

    Read more
  • Falling exports due to global downturn: EDB Chairperson

    06/11/2015 The Nation

    02/01/2017
    Falling exports due to global downturn: EDB Chairperson

    Sri Lanka’s present exports lull is due to many reasons but chiefly a throwback from the global market fall-and achieving national export targets is not a journey of a sole institution but requires a collaborative, cross-sectoral push, as stressed by the new Chairperson of Exports Development Board on 05 November.

    “Exports are coming down due to various reasons, but chiefly since the global markets have come down-it’s not EDB alone. The Council of Ministers was a beautiful mechanism” announced Indira Malwatte (new Chairperson of EDB) on 05 November.

    Labels : Blog Archive

    Read more
  • EDB’s performance pilot triumphs with Lankan packaging breakthrough

    04/11/2015 Daily FT

    02/01/2017
    EDB’s performance pilot triumphs with Lankan packaging breakthrough

    EDB Chairperson Indira Malwatte (seated, centre) in discussion with PUM Netherlands Senior Expert Nico Knegt (far right), PUM Local Representative S.P.C. Kumarasinghe (second from right), EDB Actg. Director General Himali Jinadasa (second from left) and Expack Corrugated Cartons CEO Mohamed Riyaz on 30 th October

    EDB’s first Lankan packaging pilot project is a hit and has opened the door for the entry of the ‘performance packaging’ trend to the local manufacturing sector for the first time. The new tech not only helps cost savings, but can boost sales revenue by 10-15%.

    “With hands-on experience in perishable exports, I know the importance of packaging for exports sector. We thank PUM Netherlands for extending support to EDB and the Lankan packaging sector,” said EDB Chairperson Indira Malwatte on 30 October.


    Labels : Blog Archive

    Read more
  • Sri Lanka shines at Anuga International Trade Fair in Cologne

    30/10/2015 The Nation

    02/01/2017
    Sri Lanka shines at Anuga International Trade Fair in Cologne

    The 33rd Edition of the Anuga International 2015, the biggest General Food and Beverages Exhibition of the world was held in Cologne, Germany from October 10-14, 2015.  7063 companies from 108 nations exhibited their products to the 160,000 trade visitors from 192 Nations.


    Labels : Blog Archive

    Read more
  • Indira Malwatte appointed as new Head of EDB

    30/10/2015 Daily FT

    02/01/2017
    Indira Malwatte appointed as new Head of EDB

    New EDB Chairperson and CEO Indira Malwatte (second from right) signs her appointment papers at the EDB yesterday as Ministry of Development Strategies and International Trade Secretary Chandanie Wijewardhana (far left), former EDB DG S. Kulathunga and EDB Actg. DG Himali Jinadasa (far right) look on

    Indira Malwatte took office as the first woman to lead the Export Development Board (EDB) yesterday. “I am very confident of making a positive contribution to the export effort of our country,” newly-appointed EDB Chairperson Malwatte said.


    Labels : Blog Archive

    Read more
  • EDB upheaval!

    23/10/2015 Daily FT

    02/01/2017
    EDB upheaval!

    State Minister of Development Strategies and International Trade Sujeewa Senasinghe (far right) meets EDB officials (left) joined by Ministry of Development Strategies and International Trade Secretary Chandanie Wijewardhana (on Senasinghe’s right) yesterday at the EDB

    Giving a sudden boost to Sri Lanka’s national exports push, the country’s apex export facilitator, the Export Development Board (EDB) has been directed to perform as a private sector entity henceforth to realise the country’s export reforms.

    This makes the EDB itself a top reform target and formulation of sub sector level export targets with greatly increased export value addition is now on the cards.

    Labels : Blog Archive

    Read more
  • EDB moves to stamp Brand Sri Lanka in global batik map

    16/10/2015 Daily FT

    02/01/2017
    EDB moves to stamp Brand Sri Lanka in global batik map

    Lankan batik producers show a new motif to EDB officials (left) on 8 October in Colombo

    Sri Lanka’s apex export facilitator EDB stepped up its efforts to stamp ‘Brand Sri Lanka’ in the global batik map – and linking with top institutional stakeholders, EDB is directly accessing the SMEs of the country in this new initiative, as announced on 8 October in Colombo.

    Labels : Blog Archive

    Read more
  • Sri Lanka to apply for GSP Plus end of this year: Harsha

    06/10/2015 Daily Mirror

    02/01/2017
    Sri Lanka to apply for GSP Plus end of this year: Harsha

    Deputy Foreign Minister Dr. Harsha de Silva said that the government would be forwarding the formal application to regain the GSP Plus preferential trade facility from the European Union (EU) by the end of this year in the backdrop of recent international developments. “After the resolution in Geneva passed, we wrote to the EU. Before the end of the year, we will be making the formal application, and hopefully by middle next year we will be able to bring in GSP Plus,” he said.

    Labels : Blog Archive

    Read more
  • EDB joins Lanka’s innovation giant to push hi-tech exports, R&D

    02/10/2015 Daily FT

    02/01/2017
    EDB joins Lanka’s innovation giant to push hi-tech exports, R&D

    From left: EDB DG-Actg Himali Jinadasa, EDB Chairman & CEO Bandula Egodage, COSTI Chairperson and CEO Prof. Sirimali Fernando, COSTI Project Director Prof. Ajith de Alwis and COSTI Program Director Shehan Ratnavale team up on 30 September at EDB for their pioneering Hi tech-R&D-Innovation Forum for Lankan CEOs slated before end of this year in Colombo

    As Sri Lanka’s ranking surged in the latest Global Innovation Index, two apex Lankan state institutions are joining forces for the first time to boost the country’s hi-tech and innovation exports to the next level – and first ever hi tech R&D and Innovation Forum for Lankan CEOs is now on the cards, as revealed on 30 September in Colombo. “We welcome COSTI’s collaborative interest to partner with EDB. It is time we join forces to help our hi-tech exports to the next level,” said EDB Chairman and CEO Bandula Egodage.

    Chairman Egodage was in discussions with the three-member team from the Coordinating Secretariat for Science, Technology and Innovation (COSTI) of Sri Lanka. The 2013 established COSTI is the apex Lankan body coordinating and monitoring science, tech and innovation in the country while promoting value addition and commercialisation of them in line with the National Science Technology and Innovation (STI) Strategy of Sri Lanka. Visiting COSTI team consisted of COSTI Chairperson and CEO Prof. Sirimali Fernando, Project Director Prof. Ajith de Alwis and Program Director Shehan Ratnavale. Joining the discussion were EDB DG-Actg Himali Jinadasa and other top officials and sector directors of EDB.

    Labels : Blog Archive

    Read more
  • Sri Lankan Goldsmiths – Jewellery Makers of Sri Lanka

    18/09/2015

    02/01/2017
    Sri Lankan Goldsmiths – Jewellery Makers of Sri Lanka

    Sri Lanka has been known for exquisite jewellery designs made with gold and silver and decorated with precious gems for nearly three thousand years.

    Country's most famous political prisoner of all times, Robert Knox, observed that many women in ancient Sri Lanka at least owned one piece of exquisitely made gold or silver jewellery adorned with a precious stone.

    Gold and silver jewellery plays a larger part in Sri Lankan culture, they are an essential part of a local bride's trousseau regardless of her economic and social standards and is among the first of the investments parents make for their daughters. 

    Labels : Blog Archive

    Read more
  • The Adventures and Romance of Gem Mining in Sri Lanka

    17/09/2015

    02/01/2017
    The Adventures and Romance of Gem Mining in Sri Lanka

    The search for a colourful precious gemstones is a struggle between life and death to many gemstone miners in Sri Lanka, who risk their lives deep inside the gem pits in search of the precious bounties of the earth. The earth’s greatest concentration of gems in over 50 varieties is found within the country’s land area of approximately 25,000 square miles. 

    Mining for gem stones is a group attempt in Sri Lanka, where a group of miners combine effort with a landowner and an investor to search for that one gemstone that would fetch them an earth shattering price.

    Labels : Blog Archive

    Read more
  • Celebrated Ruby Gems of Sri Lanka

    17/09/2015

    02/01/2017
    Celebrated Ruby Gems of Sri Lanka

    Famed for their clarity and distinct pink red colour rubies from Sri Lanka has had a special place in global history.

    A giant ruby from Sri Lanka helped King Solomon win the heart of Queen Sheba and another in his regal ring carried magical powers, and even after several thousand years, Sri Lankan rubies are celebrated for their colour, cut and quality.

    Labels : Blog Archive

    Read more
  • Great Expectations

    06/09/2015 Sunday Leader

    02/01/2017
    Great Expectations

    Chairman of FACETS Sri Lanka Juzar Adamaly said that the next goal of FACETS Sri Lanka is to establish Colombo as the Gem and Jewellery Hub of Asia. He made this remark while officially declaring the opening of 25th ‘FACETS Sri Lanka’ International Gem and Jewellery Exhibition in BMICH.

    Labels : Blog Archive

    Read more
  • Over 150 exhibitors at Facets 2015 today

    03/09/2015 Daily News

    02/01/2017
    Over 150 exhibitors at Facets 2015 today

    FACETS Sri Lanka 2015, the annual international gem and jewellery show, will be the flagship event of the sector.

    More than 150 exhibitors will showcase their products from today till Sunday at the Sirimavo Bandaranaike Memorial Exhibition Centre. . “It is over a 10,000 foot fall this year throughout the four days of the exhibition. A large number of buyers from China have confirmed while over 100 international buyer delegation are expected to attend the show from China, India, Dubai, Singapore, Thailand, Hong Kong, USA, Russia, Norway and Germany,” one of the top gem and jewellery exhibitors Zam Gems Managing Director Ahsan Refai told the Daily News business.

    Labels : Blog Archive

    Read more
  • Harsha says SL needs economic reforms

    26/08/2015 Daily FT

    02/01/2017
    Harsha says SL needs economic reforms

    Sri Lanka will seriously consider economic reforms during next five years to make its production of goods and services “the most efficient and competitive” in this part of the world, MP Dr. Harsha de Silva said.

    Labels : Blog Archive

    Read more
  • Sri Lanka inks three MoUs with Hong Kong, Thailand and Korea

    25/08/2015 news.lk

    02/01/2017
    Sri Lanka inks three MoUs with Hong Kong, Thailand and Korea

    Sri Lanka has signed three memoranda of understanding with Hong Kong, Thailand and Korea yesterday to boost regional trade.

    Sri Lanka-Hong Kong’s HKTDC, Sri Lanka-Korea’s KOTRA and Sri Lanka-Thailand’s DITP were the three MoUs signed yesterday.

    Labels : Blog Archive

    Read more
  • Three int’l MoUs at first Colombo ATPF tomorrow

    24/08/2015 EDB Media

    02/01/2017
    Three int’l MoUs at first Colombo ATPF tomorrow

    ATPF is joined in Colombo by Sri Lanka’s Ministry of industry and Commerce, EDB and JETRO

    The first ever series of international MoUs to blossom under Sri Lanka’s new consensual government are scheduled to go live tomorrow 23 August in Colombo-and the historic pacts are centred around none other than Sri Lanka’s global trade. “Sri Lanka EDB is proud to host the 28th CEO meeting of the Asian Trade Promotion Forum (ATPF) in Colombo. ATPF has honoured Sri Lanka by bringing this series to Colombo for the first time in its history” said Bandula Egodage (Chairman & CEO of EDB) on 21 August.

    Labels : Blog Archive

    Read more
  • Sri Lanka's Batik Industry -heading for a vibrant future

    21/08/2015

    02/01/2017
    Sri Lanka's Batik Industry -heading for a vibrant future

    Originally a Javanese word which meant 'writing with wax', batik has come a long way since it was spread across East Asia by Dutch colonial officers.

    Originated in Indonesia and introduced to Sri Lanka by Dutch at the turn of the 19th century, the batik industry in Sri Lanka has developed into a unique form of textile art exclusive to the country.
    Originated as a primary art of fabric dying, Batik has evolved into a vibrant industry of fabric art in Sri Lanka, Malaysia, Indonesia, Japan, Vietnam, Philippines, Thailand and Singapore with their own identity, methodology and design.

    Labels : Blog Archive

    Read more
  • EDB clinches Asia's Best Employer Brand glory

    21/08/2015 Daily News

    02/01/2017
    EDB clinches Asia's Best Employer Brand glory

    Sri Lanka's apex export facilitator EDB has clinched a top global talent award and has also emerged as a pioneer Lankan public institution to win the coveted accolade, as revealed on 16 August.

    "The EDB has won Asia's Best Employer Brand Awards 2015 as recognition for the valuable contribution made by it to be the Most Sought After Employer. I am pleased to say that we won this award having competed with 33 countries," said Bandula Egodage, Chairman and CEO-EDB.

    Labels : Blog Archive

    Read more
  • Sri Lankan Hand looms- a colourful tradition from the past

    20/08/2015

    02/01/2017
    Sri Lankan Hand looms- a colourful tradition from the past

    The legendary beginning of the Sri Lankan history also provides clues of a well-developed Sri Lankan weaving industry nearly three thousand years back, and even today Sri Lankan hand loom products portray their rich heritage and cultural diversity in their designs and technologies.

    According to the Great chronicles or Mahavamsa, Princess Kuweni the sorcerer princess of Sri Lanka was busy at her weaving wheel when the Indian cast ashore and rebel Prince, Wijaya met her at Tammanna or present day Mannar in Sri Lanka, turning a new page in country's history and starting a new line of rule in Sri Lanka.

    Labels : Blog Archive

    Read more