• EDB conducts an Awareness Session on NRC’s PPP Programme

    16/08/2019 EDB Media

    02/01/2017
    EDB conducts an Awareness Session on NRC’s PPP Programme

    The Sri Lanka Export Development Board (EDB) in association with the National Research Council (NRC) held an awareness session on the NRC’s Public-Private Partnership (PPP) Programme on 29th July, 2019, at the EDB Auditorium targeting the exporter community. The aim of the session was to educate exporters about the modalities of the PPP programme.

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  • Four decades since ‘visionary’ Export Development Act

    13/08/2019 Sunday Observer

    02/01/2017
    Four decades since ‘visionary’ Export Development Act

    “This Act is truly visionary; I wish other countries had this in their export development framework!”, remarked a senior official of the Geneva-based International Trade Centre to me some months back. He was referring to the ‘Sri Lanka Export Development Act No. 40 of 1979’, which marks 40 years this month. He had found it to be an institutional arrangement that was far ahead of its time, and is still having relevance today – not just for Sri Lanka, but also for other developing countries. And he would know, having worked on export development strategies for over a dozen countries around the world.

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  • Govt. helps biz map Indian entry

    06/08/2019 Daily FT

    02/01/2017
    Govt. helps biz map Indian entry

    To help Sri Lankan companies eyeing the daunting Indian market, the International Trade and Development Strategies Ministry yesterday launched a new report to assist breaking into India, with Minister Malik Samarawickrama undertaking a visit to India this week to help local businesses find success across the Palk Strait.

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  • EDB Turns 40 : Contribution to the Economy of the Nation

    02/08/2019 EDB Media

    02/01/2017
    EDB Turns 40 : Contribution to the Economy of the Nation

    The Sri Lanka Export Development Board [EDB] which turned 40 years on 1st August is the premier state organization for the development and promotion of exports. The Board plays myriad roles in the export sector of the economy, as a Policy Advisor, Monitor, Promoter, Facilitator and Knowledge Provider in carrying out its responsibilities of implementing strategies for achieving national export targets.

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  • Exports grow 11.4% in first half of 2019

    24/07/2019 Daily FT

    02/01/2017
    Exports grow 11.4% in first half of 2019

    Despite global and local challenges, Sri Lanka’s merchandised and service exports have risen by 11.4% to $ 8.5 billion in the first half of this year, prompting the Government to attribute it to a series of development efforts and assure further support. Releasing the latest yet provisional data, Development Strategies and International Trade Minister Malik Samarawickrama said yesterday that export sector performance was commendable, though he admitted there is significant scope for higher value. “The 11.4% growth, despite the impact of the October 2018 undemocratic constitutional coup, and the Easter Sunday tragedy, as well as global challenges, is very satisfactory. For the first time, three months of first half of 2019 - January, March and June - have produced over $ 1 billion worth of merchandised exports. We had originally set an ambitious $ 20 billion target for 2019, but we may miss it and end up at around $ 18.5 billion, which will be still higher than the $ 16 billion achieved last year,” Samarawickrama said.

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  • Sri Lanka looks for more partnerships with UAE

    23/07/2019 EDB Media

    02/01/2017
    Sri Lanka looks for more partnerships with UAE

    A delegation led by Hon. Nalin Bandara, Deputy Minister of Development Strategies & International Trade comprising officials from both the public and private sector visited United Arab Emirates (UAE) and met several important trade partners in the UAE. The delegation had very fruitful discussions with the Dubai Chamber of Commerce & Industry, Sharjah Chamber of Commerce & Industry as well as Al-Maya Group and the Lulu Supermarket International.

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  • EDB exporters’ forums provide relief to businesses

    12/07/2019 Daily FT

    02/01/2017
    EDB exporters’ forums provide relief to businesses

    The Sri Lanka Export Development Board (EDB) has been conducting the Exporters’ Forum since its inception from late 70s. The EDB has identified the need of a common platform to discuss and resolve the issues faced by the exporter community in Sri Lanka in order to facilitate exporters to overcome constraints arising from policy and operational issues created by various institutes that regulate, operate, and facilitate cross border trade. The EDB as the nation’s prime institute to facilitate export development created this mechanism to enable exporters to submit their issues to the highest levels of state institutions that cannot be reached easily by a trader. The unique feature of the Exporters’ Forum is the participation of the private sector and the public sector to resolve issues, with the political leadership represented by the relevant minister together with direct ministry-level interventions providing solutions to address those issues.

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  • EDB held Training of Trainers (TOT) program for the Development Officers and Regional Officers

    08/07/2019 EDB Media

    02/01/2017
    EDB held Training of Trainers (TOT) program for the Development Officers and Regional Officers

    The EDB has organized a two day Seminar for Development Officers and Regional Officers of the EDB on 3rd and 4th July 2019 at the 3rd-floor auditorium of the EDB with the participation of 60 participants Under the National Export Strategy.

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  • 23rd Presidential Export Awards Ceremony on 19 September

    19/06/2019 Daily FT

    02/01/2017
    23rd Presidential Export Awards Ceremony on 19 September

    The Sri Lanka Export Development Board (EDB) is planning to hold the 23rd Presidential Export Awards Ceremony under the patronage of President Maithripala Sirisena on 19 September at the BMICH

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  • Port tariff hike deferred until December

    06/06/2019 Daily Mirror

    02/01/2017
    Port tariff hike deferred until December

    The Sri Lanka Port Authority (SLPA) has deferred the proposed hike in port tariffs until December, to support the economy in the aftermath of Easter Sunday attacks, SLPA Chairman Kavan Ratnayaka told Mirror Business. 

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  • Sri Lanka to host first-ever International Logistics Conference

    05/06/2019 Daily FT

    02/01/2017
    Sri Lanka to host first-ever International Logistics Conference

    The logistics industry is reshaping and evolving its role to facilitate a new order of global trade, e-commerce and to reach out to the 21st century consumer with flexibility and speed, modernising the global supply chains. For this reason, strategic distribution hubs connected by air and sea and proximity to markets and transportation hubs makes a location suitable for international logistics to provide services at minimal costs. 

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  • SL, India and Japan sign MoC to develop ECT

    29/05/2019 Daily FT

    02/01/2017
    SL, India and Japan sign MoC to develop ECT

    Sri Lanka, India and Japan yesterday signed a Memorandum of Cooperation (MoC) for the development of the long awaited East Container Terminal in the Colombo harbour. 

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  • Sri Lanka’s Ports and Logistics sectors at Transport Logistics Fair in Munich

    28/05/2019 EDB Media

    02/01/2017
    Sri Lanka’s Ports and Logistics sectors at Transport Logistics Fair in Munich

    Given Sri Lanka’s strategic geographic location along the main east-west sea route in the Indian Ocean, at the crossroads of the fastest growing region of the world with proximity to many emerging markets, the Country is ideally positioned as a very viable hub in the South Asian Region. Underscoring Sri Lanka’s attractiveness as a hub, the Port of Colombo is globally recognized among the top dozen ‘best connected’ container ports worldwide, with all major container shipping lines using it as the primary regional hub for transshipment to and from the sub-continent.

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  • Colombo Port container volumes up by 9.1% in April

    27/05/2019 Daily News

    02/01/2017
    Colombo Port container volumes up by 9.1% in April

    The Colombo Port container volumes indicates an increase in the month of April 2019 by 9.1% compared to the same period last year.

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  • UAE, Sri Lanka discuss Expo Dubai 2020

    17/05/2019 Daily FT

    02/01/2017
    UAE, Sri Lanka discuss Expo Dubai 2020

    Transforming Sri Lanka into the hub of the Indian Ocean, with a knowledge-based, highly competitive and social-market economyis the objective of the Vision 2025 policy document of the Government.Making the transistion to anexport, FDI and tourism orientedcountry is the only optionfor Sri Lanka to create better jobs for the youth of our country and to graduate to a higher income economy.

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  • Sri Lanka's Top Exporters & Investors are discussing the current status of the Country

    09/05/2019 EDB Media

    02/01/2017
    Sri Lanka's Top Exporters & Investors are discussing the current status of the Country

    As per the instructions of the Hon. Malik Samarawickrama, Minister of Development Strategies and International Trade, Export Development Board organized a meeting with the key Exporters and Investors on Friday 03rd May 2019 at the 3rd Floor Auditorium to discuss the current situation of the country.

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  • Hambantota Int’l Port signs terminal service agreements with top players in shipping industry

    06/05/2019 Export Services Division

    02/01/2017
    Hambantota Int’l Port signs terminal service agreements with top players in shipping industry

    Vehicle Carrier, Glovis Sun sailing under the Marshall Islands flag, helped the Hambantota International Port (HIP) to reach its highest discharge volumes to date, when 5,000 transshipment units were discharged in record time last month. The discharge operation was completed 22 hours prior to the expected time and the vessel was able to depart well before schedule the following day.

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  • EFL 3PL looks towards Bots and RPA to stay ahead of the logistics game

    06/05/2019 Export Services Division

    02/01/2017
    EFL 3PL looks towards Bots and RPA to stay ahead of the logistics game

    Global logistics service provider, Expolanka Freight Ltd. (EFL), has announced that it has implemented its first wave of transformative Robotic Process Automation (RPA) across all its distribution centres and Freeport to support day-to-day operations, making it the first 3PL to have achieved this in Sri Lanka. Through this move to automate repetitive processes across its portfolio, the country’s most dynamic supply chain services vendor has further strengthened its position at the cutting edge of logistics innovation, adding even greater value to its business offering.

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  • Detrimental effects of upward revision of SLPA Tariff – Country’s export targets could be badly hit!!!

    18/04/2019 Daily FT

    02/01/2017
    Detrimental effects of upward revision of SLPA Tariff – Country’s export targets could be badly hit!!!

    Initiative of upward tariff revision by the SLPA has become a controversial matter raising many concerns of exporters/importers during tough times where Sri Lanka is trying to find their position back in the world map as a competitive exporter. However, the SLPA seems adamant to go-ahead with this implementation disregarding the concerns raised by the industry sources revealed. Though the players who are engaged in the international trade continuously insisted that, rates remain unchanged, it is unfortunate that the Authorities are still trying to act in favor of the upward revision.

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  • Final workshop on National Port Master Plan

    11/03/2019 Daily FT

    02/01/2017
    Final workshop on National Port Master Plan

    The final workshop on National Port Master Plan (NPMP) organised together with the Ministry of Ports, Shipping and Southern Development and the Sri Lanka Ports Authority (SLPA) was held last week at Hotel Kingsbury, Colombo with a large gathering of local and foreign professionals.

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