• Rishad, top Washington scientist start Lanka’s first Food Compliance

    19/06/2013 news.lk

    02/01/2017
    Rishad, top Washington scientist start Lanka’s first Food Compliance

    For the first time in Sri Lanka’s exports history, on June 11, a renowned global food scientist began  to extensively train Lankan food exporters on the much needed international regulatory compliance rules.

    Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka said that processed food has grown to become a key component of Sri Lanka’s overall annual food exports. In 2012, 26% of total food and beverages exports were processed foods, at $ 73.4 Mn. Sri Lanka's overall processed food exports which stood at $ 67.1 Mn in 2010 rose to a strong $ 95 Mn in 2011 added the Minister.

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  • ‘More Americans looking for Lankan spiced food’ – Dr Rasco

    19/06/2013 Daily News

    02/01/2017

    For the first time in Sri Lanka’s exports history, a renowned global food scientist began on June 11 to extensively train Lankan food exporters on the much needed international regulatory compliance rules. And processed food has grown to become a key component of Sri Lanka’s overall annual food exports.

    “In 2012, 26% of total food and beverages exports were processed foods, at $ 73.4 mn. Our overall processed food exports which stood at $ 67.1 mn in 2010 rose to a strong $ 95 mn in 2011,” said Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka on June 11 in Colombo. Minister Bathiudeen was addressing the launch event of fist International Food Safety and Compliance Training session by globally renowned Food Scientist Dr. Barbara Rasco, Associate Professor of the Department of Food Science & Human Nutrition of the Washington State University.

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  • Sri Lanka cinnamon exporters required to adhere to specifications

    15/06/2013 Colombo Page News Desk

    02/01/2017
    Sri Lanka cinnamon exporters required to adhere to specifications

    Senior Minister for International Monetary Co-operation Dr. Sarath Amunugama has proposed to make it mandatory for Sri Lanka's cinnamon exporters to adhere to the specifications for Sri Lanka standard for exporting of cinnamon.

    The proposed measure is aimed at preventing the export of low quality cinnamon and enhancing the production of cinnamon in the country sustaining the livelihood of more than 350,000 families engaged in the industry, the government says.

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  • Ayurveda Expo 2013 from July 12-14

    26/05/2013

    02/01/2017

    Ayurveda Expo 2013, the international indigenous healthcare exhibition organised by the National Chamber of Commerce of Sri Lanka (NCCSL) will be held at the BMICH from July 12 -14.

    The exhibition is held for the fourth consecutive time in Sri Lanka in collaboration with the Ministry of Indigenous Medicine, Ministry of Industry and Commerce and the Export Development Board.

    The objective of the exhibition is to showcase the potential of Sri Lanka's indigenous medical sector and its products and services for the tourism industry.
    Ayurveda 2013 Steering Committee Chairman Thilak Godamanna said many Sri Lankan and Indian organisations engaged in indigenous medical product manufacturing and services have already reserved stalls.

    He said delegations from Japan, India, Germany, South Africa and China (Shanghai) have confirmed participation in the exhibition.
    A Symposium on South Asian Traditional Medicine will be held on July 13 at the same venue, where world-renowned professionals in the sector will make presentations on the latest research findings in the sector.

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  • Lanka export acceleration push begins

    08/09/2004 Asian Tribune

    02/01/2017
    Lanka export acceleration push begins

    Rishad Bathiudeen (Minister of Industry and Commerce-second from left) briefs Anton Said (Chief of Export Strategy, ITC-second from right) about Sri Lanka’s export landscape on 13 August in Colombo as Anura Siriwardene (Secretary-Ministry of Industry and Commerce-far left) Bandula Egodage (Chairman & CEO, EDB-third from left) and Pablo Lo Moro (Senior Advisor-Export Strategy, ITC-seated far right) look on.

    Exports, being the lifeline of Sri Lankan economy, is a national priority. The urgency of exports accelerating strategy is such that it could kick-start even before its full design cycle is over. Meanwhile, Brand Sri Lanka packs hidden potentials that could be leveraged for national export growth.

    “At the end of the day the buck lands at somebody’s desk. Who is ultimately responsible? We can start implementing the export acceleration strategy while it is being designed and before it’s totally finalised. We may not need to wait until it is fully endorsed” voiced a determined Anton Said (Chief of Export Strategy, ITC) on 13 August in Colombo.

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  • Sri Lankan tea exporters enjoy a great slice of the global tea market.

    02/01/2017
    Sri Lankan tea exporters enjoy a great slice of the global tea market.

    The past three years from 2012-2014 saw a renaissance in Ceylon Tea with the year 2013 breaking all records and the 2014 figures just released surpassing even that of 2013, recording the highest ever export earnings of $ 1.61 billion (Rs. 210.2 billion) which is a 5.43 % growth over 2013 and a FOB price of US$ 4.95 per kg, which is a 3.1 % growth over 2013 which were all records for the 147 year old history of the Sri Lankan tea industry.

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  • Sri Lankan Agricultural Delegation visit Israel

    02/01/2017
    Sri Lankan Agricultural Delegation visit Israel


    SLEDB organized a technical exposure and awareness programme in Israel from 10-15 September 2014, for a group of growers of the Sri Lanka Protected Agriculture Entrepreneurs Association in the Central province, to provide training & awareness on intensive cultivation methods of fresh fruits & vegetables , other protected agriculture systems, efficient management of water resources & soil, open field irrigation methods, post harvest handling, export packaging and marketing.

    The programme was conducted with the assistance of the Honorary Consulate of the Israel, The Sri Lankan Embassy in Israel, MASHAV (Israel's Agency for International Development Cooperation) and CINADCO (Center for International Agricultural Development Cooperation) which is functioning under the Department of Agriculture & Rural Development in Israel.

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  • The need for exporters to register with the EDB stressed

    Ceylon Today

    02/01/2017
    The need for exporters to register with the EDB stressed


    Sri Lanka's apex export entity – EDB, yesterday claimed that some non-registered exporters with no knowledge of procedures have brought a bad reputation for Sri Lanka.

    EDB pointed out that, the European Commission Director General of Health and Consumers had recently informed the National Plant Quarantine Services of Sri Lanka that some consignments of fresh fruits and vegetables (only) exported to EU and Switzerland were contaminated with pests, and that of 350 fresh fruits and vegetables (only) consignments that entered the EU from 2011 to date, 292 were contaminated with pests.

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  • EDB starts first ever medical tourism push

    Daily News

    02/01/2017
    EDB starts first ever medical tourism push


    “Professional service exports present a tremendous opportunity and can speed up government’s ‘$20B exports by 2020’ goal. Medical Tourism is one of the most promising sub-sectors in this. We are ready to work with any and all stakeholders to get this off the ground” said Director General, EDB, Sujatha Weerakoone addressing the kick-off session of EDB's 2015-20 National Masterplan Initiative on Medical Tourism held at EDB last week.

    The pioneering session saw top reps from Hemas Hospitals, Asiri Group of Hospitals, Lanka Hospitals, Durdans Hospital, Nawaloka Hospitals PLC, the Health Ministry as well as M.K.S.K Maldeniya (ICT Sector Director-EDB) joining the session. The private sector reps also represent Sri Lanka’s Private Hospital Association (PHA).

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  • Branding would give Lankan rubber boost

    02/01/2017
    Branding would give Lankan rubber boost

    The Plastic and Rubber Institute of Sri Lanka CEO Forum recently mooted ideas for improving plastic and rubber industries in Sri Lanka.

    While quality adding has been long discussed topic of improvement, it was discussed that branding Sri Lankan rubber will give Sri Lankan rubber a significant boost.

    Chairman and CEO of the Export Development Board of Sri Lanka, Bandula Egodage, who attended the event said rubber is one of the chief exports in Sri Lanka and Sri Lanka's rank in the contribution of rubber exported globally is 32% . However, he also said Sri Lanka's solid tyres rank at the first place in exports, which is a clear indication that there is a market for value added goods rather than just the raw form.

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  • AWARENESS SEMINAR/WORKSHOP ON ORNAMENTAL FISH FOR THE EXPORT MARKET - NWP/NCP

    02/01/2017
    AWARENESS SEMINAR/WORKSHOP ON ORNAMENTAL FISH FOR THE EXPORT MARKET - NWP/NCP

    The North Western Provincial office of the SLEDB, successfully conducted the awareness seminar/workshop on Ornamental Fish for the export Market on 12th August 2014 in the auditorium of District Secretariat-Kurunegala with the participation of 110 export oriented Ornamental Fish farmers in North Western & North Central Provinces. The programme was organized by the NWP-EDB with the assistance of National Aquaculture Development Authority (NAQDA).

    The main objective of conducting this programme is to increase the capacity of export oriented ornamental fish farmers in the region by way of enhancing Technical/Market awareness and facilitating linkages between farmers and exporters in order to develop consolidated supply base of quality ornamental fish for exports.

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  • Korean Push for First Ever Lanka Regional Apparel Training

    Source: Department of Government Information, Sri Lanka

    02/01/2017
    Korean Push for First Ever Lanka Regional Apparel Training

    As apparel revenues topped $2.4 Bn in ’14 1H, in a new development, Korea has extended its support to enhance industry capacity in North-and Sri Lanka’s crucial apparel industry training efforts have now expanded to regions for the first time.

    “We are receiving today’s apparel technical support thanks to Korea International Cooperation Agency (KOICA) and the Government of Korea. Thanks to KOICA, our apparel training efforts have entered the regions” said Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka and Vanni MP on Sunday (04) in Mannar..

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  • “FACETS Sri Lanka” To Sparkle For The 24th Year

    02/01/2017
    “FACETS Sri Lanka” To Sparkle For The 24th Year

    FACETS Sri Lanka 2014, the prestigious International Gem and Jewellery Show that showcases hundreds of local and foreign exhibitors, will be held from 4th - 7th September at the Sirimavo Bandaranaike Memorial Exhibition Centre.

    This year’s exhibition will comprise over 150 booths with a variety of Gem and Jewellery that include precious and semiprecious gems.

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  • SL, Vietnam two way trade grown by 100 percent

    02/01/2017
    SL, Vietnam two way trade grown by 100 percent

    Relations between Vietnam and Sri Lanka are fast developing, and two way trade between the countries has grown by nearly 100 per cent during the last three years, Vietnamese Ambassador to Colombo Ton Sinh Thanh said.

    He added, the two-way trade over the past three years has been increasing by around 30 per cent per year, the highest rate among Vietnam trade with other South Asian countries. He made thise revelation at the opening of the first ever Sri Lanka Vietnam business centre in Kelaniya, a venture promoted by the APL Group of Companies. Ambassador Thanh identified the new centre as an important landmark in the economic relations between the two countries. Highlighting the rapid growth of economic relations between the two countries the Ambassador said ; "in the first half of this year our bilateral trade volume reached US $109 million, almost equal to the volume of the whole year 2011. The Ambassador predicted that the total trade volume between the two countries this year will surpass US $200 million.

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  • Japan positive on FTA, wants economic regime strengthened

    Asian Tribune - 30-07-2014

    02/01/2017
    Japan positive on FTA, wants economic regime strengthened

    As Sri Lanka-Japan bilateral trade jumped $890 Mn and edged to $ 900 Mn mark, a keen Japan signalled towards a Lanka-Japan FTA for the first time-albeit with a qualifier. “In terms of country risk and future potential, I believe Sri Lanka is quite promising. We consider that FTA and EPAs as very useful means to promote trade. Mere conclusion of FTAs alone is not sufficient for better trade however. What is important is to develop a very robust foundation here” said a confident Kazuyoshi Akaba, the visiting Japanese Senior Vice Minister of Economy, Trade & Industry (METI) on 28 July in Colombo.

    Japanese Minister Akaba was responding to Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 28 July during his bilateral session with the Sri Lankan team led by Minister Bathiudeen at Ministry of Industry and Commerce, Colombo 3.

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  • Global Rubber Conference 2014 to be held in Sri Lanka

    02/01/2017
    Global Rubber Conference 2014 to be held in Sri Lanka

    Sri Lanka has been selected to host one of the world’s leading conferences on natural rubber Global Rubber Conference (GRC) 2014.

    The three-day international event will be held from 27 to 30 October 2014 at the Cinnamon Grand in Colombo.

    Global Rubber Conference 2014 themed “Sowing the Seeds for Sustainable Future” is expected to bring together over 700 experts and delegates representing over 25 countries.

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  • MINT- an opportunity to diversify Sri Lanka’s export markets

    02/01/2017
    MINT- an opportunity to diversify Sri Lanka’s export markets

    In 2001, economist Jim O’Neill famously coined the term ‘BRIC’ to refer to the newly emerging economies of Brazil, Russian, India, and China. In 2014 O’Neill has now popularized a newer and what the BBC calls ‘fresher’ term – MINT – Mexico, Indonesia, Nigeria and Turkey (put forward by Fidelity Investments).

    In a time where many developed nations are facing a crisis with regard to their ageing population, what makes MINT stand out, according to O’Neill, are their favourable demographic statistics. Mexico, Indonesia, Nigeria and Turkey are four of the world’s most heavily populated emerging economies, with populations of 118, 237, 174 and 73 million respectively. To add to that in the next 20 years all four countries will see a rise in the number of economically active workers to inactive - meaning they will have a declining dependency ratio. What this will do is ease the burden off the government. In recent years an increasing dependency ratio has plagued countries from the UK to Japan, putting pressure on government budgets and the shrinking work force. Thus the demographics of MINT will certainly be a source of envy for their more developed counterparts.

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  • “Sri Lanka will be in the next five emerging countries”: French Ambassador

    Daily FT- 23-07-2014

    02/01/2017
    “Sri Lanka will be in the next five emerging countries”: French Ambassador

    A session on ‘Bilateral Trade between Sri Lanka and France’ organised by the National Chamber of Commerce was held with the participation of Ambassador of France Jean Paul Monchau, as a Special Guest Speaker and assisted by Commercial Counsellor of the Trade Section of the Embassy Jean Louis POLI, at the Chamber, last week. Additionally Government senior officials- Director General Commerce, Director General, Export Development Board and Board of Investment graced the occasion.

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  • EDB enters WTO global benchmark

    Daily News - 17-07-2014

    02/01/2017
    EDB enters WTO global benchmark

    For the first time, the Export Development Board has entered WTO, UNCTAD, ITCs benchmark of global export agencies and finished among the top ten. EDB has come to the sixth spot among 30 national trade promotion organisations across the world, benchmarked by the International Trade Centre under WTO and UNCTAD. EDB's score in 2012 study is above average and the next level to move is 80% "High level TPO Performance" category and then, finally to 100% -what we call "world class".

    "EDB has done quite well in International Trade Centre's 2012 Lanka EDB benchmarking test. EDB has come to sixth spot among 30 national trade promotion organisations across the world, benchmarked by us-the International Trade Centre under WTO and UNCTAD" said Geneva based Martin Labbe (Senior Officer, Trade Support Institutions Strengthening, International Trade Centre, Switzerland) in Colombo addressing the inaugural session of the four day "Performance Improvement Roadmap for Sri Lanka's EDB by ITC" at the EDB Auditorium, Colombo.

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  • INTRODUCING AND IMPLEMENTING FAIR TRADE TO THE CRAFT SECTOR

    02/01/2017
    INTRODUCING AND IMPLEMENTING FAIR TRADE TO THE CRAFT SECTOR

    The EDB recently held a workshop in Batticaloa to introduce the Fair Trade Concept to the Craft sector in the Eastern Province. The workshop was attended by around 40 participants representing giftware, lifestyle and handloom products. The workshop was conducted by Mr. Paul Myers, Expert on Fair Trade from U.S.A and there was a lot of interest shown by the companies /individuals present.

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