• First multilateral biz delegation to arrive in Colombo is from C’wealth

    10/03/2016 Asian Tribune

    02/01/2017
    First multilateral biz delegation to arrive in Colombo is from C’wealth

    From Left: Commonwealth Businesswomen’s Network (CBN) Executive Director Arif Zaman, EDB Actg DG Himali Jinadasa, EDB Chairperson Indira Malwatte & WCIC Chairperson Ms Rifa Mustapha at 08 March IWD event at EDB.The first ever multilateral biz delegation to arrive in Sri Lanka is marshalled by the Commonwealth of Nations-and the nine-member pioneering team from the Commonwealth Businesswomen’s Network (CBN) that ar n women owned businesses. “This is the first time such a multilateral trade mission has come to Sri Lanka.

    The C’wealth takes great pleasure in its pioneering endeavor to Sri Lanka and similar future missions to other C’wealth members are in offing” revealed Commonwealth Businesswomen’s Network (CBN) Executive Director Arif Zaman on 08 March in Colombo.

    Labels : Blog Archive

    Read more
  • Exporters Forum sees over 37 firms voicing issues

    02/03/2016 Daily News

    02/01/2017
    Exporters Forum sees over 37 firms voicing issues

    The 8th Export Development Forum at EDB.No less than 37 firms are voicing their issues at the eighth Exporters Forum that opened on 29 February.

    The session, is presided by the State Minister of International Trade Sujeewa Senasinghe. The Exporters’ Forum is a multi-stakeholder platform to assist Lankan exporters. At the previous 7th Forum concluded successfully last November, 72 issues were taken up and 47 were resolved. Several policy related issues of seventh Forum are now being attended to. There has been significant progress in VAT and Quartz related issues that were raised in the seventh Forum.

    Labels : Blog Archive

    Read more
  • Ebay targets more export sellers from Sri Lanka as volumes grow

    18/02/2016 Economynext

    02/01/2017
    Ebay targets more export sellers from Sri Lanka as volumes grow

    Ebay said it had tied up with Sri Lanka's HelloCorp to bring in new sellers, as retail export sales form the island have started to grow, despite the lack of remittance services such as Paypal.

    "We see a very huge opportunity for Sri Lanka in the cross border business," Latif Nathani, a Vice President at Ebay said.

    There were already 3,000 sellers in Sri Lanka offering around 9000 items for sale, he said.

    Top exports from Sri Lanka included gemstones, healthcare and natural remedies, handicrafts and men's clothing.

    Labels : Blog Archive

    Read more
  • International footwear and leather exhibition from Feb 5-7EDB, Rishad join forces for Lanka exports’ next big hit

    08/02/2016 Asian Tribune

    02/01/2017
    International footwear and leather exhibition from Feb 5-7EDB, Rishad join forces for Lanka exports’ next big hit

     Minister of Industry and Commerce Ridhad Bathiudeen (centre) speaks with Chairman of Fair’s Organising Committee Sithendra Senaratne (left) as Chairperson and CEO of EDB Indira Malwatte (right) looks on at the inauguration of the eighth Footwear and Leather Fair at BMICH, Colombo on 05 FebruaryA top Cabinet Minister and Sri Lanka’s apex exports facilitator EDB joined forces on 05 February to create Sri Lanka exports’ next big win-and the bulk of Lankan footwear and leather exports are footwear, rather than leather.

    “It is a great pleasure to see this series of exhibitions initiated by the Ministry of Industry and Commerce in 2007, has today grown to an international level exhibition thanks to the commitment of my Ministry officials, the Exports Development Board, the IDB, and the footwear and leather sector of Sri Lanka” said Minister of Industry and Commerce Rishad Bathiudeen on 05 February in Colombo.

    Labels : Blog Archive

    Read more
  • International footwear and leather exhibition from Feb 5-7

    01/02/2016 News.lk

    02/01/2017
    International footwear and leather exhibition from Feb 5-7

    Local footwear and leather manufacturers need to be linked to global markets. This series of exhibitions is the best platform for the Lankan F&L sector to enter competitive global markets, said Addl. Director General, Development, EDB, Jeevani Siriwardena at the pre-event briefing on the International Footwear and Leather Expo.

    Labels : Blog Archive

    Read more
  • No foreign items in Colombo's int’l Footwear & Leather show

    28/01/2016 News.lk

    02/01/2017
    No foreign items in Colombo's int’l Footwear & Leather show

    In a new step to enhance the global reputation of Lankan Footwear & Leather (F&L) sector, Sri Lanka’s apex export facilitator EDB locked the presence of any imported F&L items at the forthcoming international Footwear and Leather (F&L) show to be held in Colombo in February, thereby greatly re-assuring the prospective Lankan F&L exhibitors.  Meanwhile, the international reception for the ongoing Colombo F&L series is such that prospective buyers from four countries already confirmed their arrival to EDB.

    Labels : Blog Archive

    Read more
  • Sri Lanka’s Rebirth

    25/01/2016 project-syndicate.org

    02/01/2017
    Sri Lanka’s Rebirth

    Sri Lanka has been deservedly praised for the progress it has made since the end of the war against the separatist Tamil Tigers in 2009. The economy has grown at an average annual rate of 6.7%, and education and health statistics are impressive.

    All developing countries face myriad challenges, but this is especially the case for a country that has suffered an intense 30-year civil war. The government will need to set priorities; but success will require a comprehensive approach.

    Labels : Blog Archive

    Read more
  • Ceylon Tea exporters in for better times

    22/01/2016 News.lk

    02/01/2017
    Ceylon Tea exporters in for better times

    Sri Lankan tea exporters received much needed encouragement and Ministerial level assurance to resolve their travails –and with the involvement of a broad range of stakeholders in future.

     At a special meeting with the exporters at EDB held recently, State Minister of International Trade Sujeewa Senasinghe came forward to assist the tea exporters to resolve their pressing issues and to hold direct consultations with them on a regular basis. Interestingly, the idea of leveraging foreign made teas to strategically enhance Sri Lanka’s tea export goals and sustain its tea hub reputation came under in-depth discussion -with upbeat responses from exporters. Among the firms joining the discussion were Akbar Bros, George Steuart Teas Pvt Ltd, Jafferjee Bros Exports Ltd, and Imperial Tea.

    Labels : Blog Archive

    Read more
  • EDB-SLINTEC to enhance research & development access to Lankan exporters

    14/01/2016 News.lk

    02/01/2017
    EDB-SLINTEC to enhance research & development access to Lankan exporters

    The Export Development Board (EDB) signed a memorandum of understanding with the Sri Lanka Institute of Nanotechnology (SLINTEC) on 12th January, 2016 with the view to enhance research and development access to Sri Lanka’s exporters.

    Labels : Blog Archive

    Read more
  • EASL felicitates new EDB Chairman, hands over ‘Export Strategy Document’

    08/01/2016 Daily FT

    02/01/2017
    EASL felicitates new EDB Chairman, hands over ‘Export Strategy Document’

    The Exporters Association of Sri Lanka, an affiliate of the Ceylon Chamber of Commerce, recently presented a strategy document to Indira Malwatte, Chairperson of the Export Development Board, outlining the issues faced by the exporters.

    The document was handed over during a felicitation ceremony held by the EASL to Indira Malwatte, who was recently appointed as the new Chairperson of the EDB.

    Labels : Blog Archive

    Read more
  • Two IT parks for Pallekele and Achchuveli on the cards

    04/01/2016 Daily News

    02/01/2017
    Two IT parks for Pallekele and Achchuveli on the cards

    Sri Lanka would set two IT parks in Pallekele Export Processing Zone and the Achchuveli Industrial Zone Jaffna said Minister of Development Strategies and International Trade Malik Samarawickrama.

    Speaking to employees of the Board of Investment(BOI), Department of Mahapola Trust, Department of Import and Exports and Export Development Board (EDB) last Friday he said that in addition new economic zones would be set up in Hambantota, Kuliyapitiya, Kilinochchi, Meerigama, Trincomalee and Avissawella. The existing zones in Kandy (Pallekele) and Mirigama would be redeveloped.

    Labels : Blog Archive

    Read more
  • President vows fullest support to boost exporters

    17/12/2015 Daily FT

    02/01/2017
    President vows fullest support to boost exporters

    Putting a personal touch on efforts to bolster Sri Lanka’s exports President Maithripala Sirisena yesterday reaffirmed his stance to assist exporters assuring that his Government would leave no stone unturned in supporting foreign exchange earners.

    Attending the Presidential Exports Awards held for the 21st time, following a four year hiatus. President Sirisena pointed out that encouragement is a must as foreign reserves in the country are drying up due to decreasing exports. He termed this downtrend a “point of national urgency.”

    Labels : Blog Archive

    Read more
  • EDB help for construction firms to expand overseas

    17/12/2015 Daily News

    02/01/2017
    EDB help for construction firms to expand overseas

    Sri Lanka Exports Development Board (EDB) will step up efforts to facilitate local construction companies to expand their services in Myanmar, EDB Chairperson and CEO Indira Malwatte said.

    Under this initiative, the government hopes to employ more Sri Lankan engineers, quantity surveyors, graduates and others in the overseas construction services sector.

    Labels : Blog Archive

    Read more
  • Akbar Brothers extends lead as top tea exporter

    17/12/2015 Daily FT

    02/01/2017
    Akbar Brothers extends lead as top tea exporter

    Akbar Brothers Director Tyeab Akbarally receives the award from President Maithripala Sirisena yesterday

    The pre-eminent standing of Akbar Brothers in the Sri Lankan Tea Industry has once again been affirmed and recognised with sweeping accolades at the Presidential Exports Awards.

    Akbar Brothers bagged seven highly-coveted awards at the ceremony held on 16 December, presided over by President Maithripala Sirisena. The company was adjudged the Best Tea Sector Exporter for the years 2010, 2011, 2012 and 2013. In addition, it won the exalted Best Sri Lanka Overall Exporter (All Sectors) for 2010 and the Best Sri Lankan Brand Exporter (All Sectors) for 2012 and 2013. Most impressively, Akbar Brothers had the singular honour of being the only tea company that has qualified for the Presidential Export Awards.

    Labels : Blog Archive

    Read more
  • EDB links with three new apparel markets

    01/12/2015 News.lk

    02/01/2017
    EDB links with three new apparel markets

    EDB links with three new apparel markets

    Powered by the country’s apex exports facilitator EDB, Lankan apparel sector reported a sudden victory when it snatched a new virgin market and some premium global buyers of three other new markets.

    A visiting high powered multinational buyer team finally linked with the EDB reps and Lankan apparel giants on Nov.27 at Mt Lavinia Hotel after a three-year long resolute quest since 2012 by EDB to link with nine top global retailers.

    Labels : Blog Archive

    Read more
  • Taiwan Textile Fair concludes in Colombo

    30/11/2015 Daily News

    02/01/2017
    Taiwan Textile Fair concludes in Colombo

    Taiwan Textile Fair concludes in Colombo

    The fourth annual Taiwan Textile Fair concluded at Grand Crystal Ballroom, Taj Samudra Hotel Colombo when. The event was organised by the Taiwan Textile Federation (TTF) and the Bureau of Foreign Trade.

    Labels : Blog Archive

    Read more
  • Lankan exports facilitation opens wider

    30/11/2015 Daily FT

    02/01/2017
    Lankan exports facilitation opens wider

    State Minister of International Trade Sujeewa Senasinghe (second from right) addresses the Seventh Exporters’ Forum at EDB joined by EDB Chairperson and CEO Indira Malwatte (far right) on 27 November

    Sri Lanka’s apex platform to solve exporters’ issues, the Exporters’ Forum, wrapped its seventh session successfully on 27 November with a significant change to the ongoing interaction process; the Lankan exporters may no longer need to agonise till the next forum announcement to find solutions. “You don’t have to wait for this once in three months’ forum but you can now contact us anytime. As we move towards one stop shop solutions, EDB will be restructured and will be made as attractive as possible to exporters,” announced Lankan State Minister of International Trade Sujeewa Senasinghe.

    Labels : Blog Archive

    Read more
  • ‘Sri Lanka ICT exports $ 5 b by 2020’: EDB

    23/11/2015 Daily FT

    02/01/2017
    ‘Sri Lanka ICT exports $ 5 b by 2020’: EDB

    EDB Chairperson and CEO Indira Malwatte addresses APICTA – 2015 (Asia Pacific ICT 2015) Business Forum event at Cinnamon Lake Hotel on 20 November. From left: EDB Export Services Director Saman Maldeni and APICTA 2015 Co-Chairman Ruwan Amarasekera

    Invigorated by Sri Lanka’s ICT exports surge, the country’s apex export facilitator EDB announced a new ICT/BPO exports target and a mere few hours’ B2B sessions between Lankan and Asia-Pacific ICT firms facilitated by EDB reported a whopping marathon of one-to-one business meet jamboree-right here in Colombo. “Let us try to forge ahead with solid business to business meetings today that will materialise to effective commercial activity. That is how all of us in our region can help each other,” stressed EDB Chairperson and CEO Indira Malwatte on 20 November.

    Labels : Blog Archive

    Read more
  • SL has set an ‘ambitious’ 2020 export target: State Minister Sujeewa

    16/11/2015 The Nation

    02/01/2017
    SL has set an ‘ambitious’ 2020 export target: State Minister Sujeewa

    From Left: Arindam Bagchi (Deputy High Commissioner of India to Sri Lanka), Indira Malwatte (Chairperson & CEO-EDB) Sujeewa Senasinghe (State Minister of Strategic Development and International Trade) meet an exhibitor at the Intex South Asia in Colombo

    Notwithstanding the global trade decline, Sri Lanka exports sector is highly ambitious aiming for a five-fold jump of its top export of repute, apparels while China’s premium knitting sector is gearing up to partner with surging Sri Lankan apparel sector.

    “We are looking to increase total apparel exports by five-fold, to $ 20 Bn. And by 2020 we are aiming at $50Bn national exports, which is an ambitious goal,” said Sujeewa Senasinghe (State Minister of Development Strategies & International Trade) on 16 November.

    Labels : Blog Archive

    Read more
  • 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