• 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).

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  • 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.

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  • 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.


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  • 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.


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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 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. 

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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • Visit Sri Lankan Pavilion at SAITEX 2015

    15/06/2015

    02/01/2017
    Visit Sri Lankan Pavilion at SAITEX 2015

    The EDB is to organize Sri Lanka pavilion at the Southern African International Trade Exhibition (SAITEX) Trade Fair to be held from 21st - 23rd June at Gallagher Convention Centre in Midrand Johannesburg, South Africa.

    There will be 06 companies exhibiting the Sri Lankan Products in an area of 54m2 in this event. The Sri Lanka pavilion will be housed in the Hall 3.

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  • Sri Lankan Food and Beverage Exporters Participation in SIAL China 2015

    03/06/2015

    02/01/2017
    Sri Lankan Food and Beverage Exporters Participation in SIAL China 2015

    A delegation of Sri Lankan Food & Beverage Manufacturers & Suppliers participated in SIAL China 2015 held from May 6 - 8, 2015. The Sri Lanka Country Pavilion was organized by Sri Lanka Export Development Board. The delegation of exhibitors comprised of five Food & Beverage export companies i.e Renuka Agri Food Ltd, Nestle Lanka , Asia Teas (Pvt) Ltd, Ceylon Cold stores and Oilmo Virgin Coconut (Pvt) Ltd.

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  • Sri Lanka Targets US $8.5 Billion in Apparel Exports Earnings by 2020

    10/03/2015

    02/01/2017
    Sri Lanka Targets US $8.5 Billion in Apparel Exports Earnings by 2020

    Sri Lanka’s apparel industry is well on its path to meet the apparel export target of US $8.5 billion by 2020. Apparel exports which bring the largest export income to the country have recorded an increase of 9.26% YoY by earning US $4.9 billion in the year of 2014. In 2013, earnings from apparel rose by 13% YoY, recording a $4.5 billion surpassing the US $4 billion target initially set by the apparel industry.

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  • Sri Lanka’s gem industry eyes recovery

    11/02/2015 The Island

    02/01/2017
    Sri Lanka’s gem industry eyes recovery

    A $1bn revenue target is spearheading Sri Lanka’s efforts to solidify its place as a key source market for gemstones and jewellery, although flat global sales of luxury goods, coupled with labour shortages, risk hindering the country’s efforts.

    Sri Lanka is home to 70 of the world’s 200 varieties of coloured stones, including its best-known export, the Ceylon sapphire. Estimates suggest that 80-90% of the country’s rock formations could hold gem deposits.

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  • Visegrád Four to synergise Lanka's FTAs to penetrate South Asia

    04/12/2014 Daily News

    02/01/2017
    Visegrád Four to synergise Lanka's FTAs to penetrate South Asia

    dustrial economy billed as the Tetra Tiger due to its high growth, has revealed for the first time that it wants to synergise Lanka's historic FTAs to penetrate South Asia, and it is also readying for new bilateral efforts of high capacity across the board-in Lanka's wheat production, energy and even defence.

    "Our aim is to make Sri Lanka our business and investment platform to South Asia. There are many Slovakian manufacturers ready to invest here, produce and export to South Asian markets using your FTAs with India and Pakistan," said Peter Burian, State Secretary of the Ministry of Foreign and European Affairs of the Slovak Republic recently.

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  • Vietnam calls for FTA

    02/12/2014 Daily FT

    02/01/2017
    Vietnam calls for FTA

    • ‘Appointing Lanka’s first trade official to Vietnam’ – Minister Rishad
    • ‘Bilateral trade should not be just rice and tea’ – Kieu Thu
    • YoY bilateral trade surges by 88%
    • ‘Time to explore joint apparel synergies too’ – Kieu Thu

    Stepping up its trade cooperation with Sri Lanka, Vietnam said that it was working towards establishing a groundbreaking FTA with Sri Lanka.

    In view of this, Sri Lanka has promptly appointed its first-ever trade officer to Vietnam, the world’s fifth largest apparel exporter which is ready to partner with Sri Lanka’s own apparel industry.

    “There is huge unrealised trade potential between both countries that we need to explore. Trade need not be mostly the exchange of rice and tea between both countries. Therefore, while in Colombo, I will take up the task of promoting an FTA with Sri Lanka,” said Vietnam’s new ambassador to Sri Lanka, Phan Kieu Thu on 27 November in Colombo.

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  • EDB hits China gold with first mainland MoU

    25/11/2014 Daily News

    02/01/2017
    EDB hits China gold with first mainland MoU

    • Secures links with world’s largest textile retailer ZARA
    • Deeper commitments with new FTA: Vice President Hua
    • Fresh ties: EDB’s Egodage
    • Exports to China grew in last 5 years: EDB’s Dr. Maraikkar
    • Bilateral trade at $ 3 b

    Sri Lankan exports broke fresh ground on 20 November, as a pioneering MoU between the country’s apex exports facilitator EDB and China was entered into in Colombo. With the commencement of FTA talks, bilateral relations have also further deepened.

    “During President Xi Jinping’s recent visit to Sri Lanka this September, he and President Mahinda Rajapaksa reached consensus to deepen the strategic partnership and joint construction of 21 Century Maritime Silk Road. Now the countries have officially started the bilateral FTA negotiations and we believe that the bilateral cooperation would be further deepened in future,” said Zhang Hua, Vice President of CCPIT Guangdong Sub Committee.

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