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Hambantota International Port reaches 1 million MT benchmark for 2019
06/12/2019 Export Services Division
The Hambantota International Port (HIP) had a busy week with six RORO ships calling at the port, discharging 18,288 vehicles from which 16,830 were for transshipment and 1,458 were for local agencies.
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Trincomalee Port set to double capacity with night navigation and 24 hour operations
11/11/2019 Export Services Division
In keeping with Ports, Shipping and Southern Development Minister Sagala Ratnayaka’s promise to install night navigation at the Trincomalee Port before the end of this year, the Sri Lanka Ports Authority (SLPA) says it has successfully completed the project.
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How Govt. initiatives boosted exports, investment and competitiveness in Sri Lankan Economy
28/10/2019 Daily FT
The Ministry of Development Strategies and International Trade has been implementing several initiatives that have improving the competitiveness of Sri Lanka’s economy by providing them with supportive policies and strategies, financial and technical support, and enabling infrastructure.
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Sri Lanka plans big for 6 month long Expo 2020 Dubai
18/10/2019 Daily Mirror
Sri Lanka yesterday launched the official website announcing the country’s participation in the six-month long Expo 2020 Dubai, anticipating a major boost to exports, tourism and investments while looking to enhance the country’s brand value and image globally.
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EFL bags Best Exporter for Logistics Services at Presidential Export Awards 2018/19
14/10/2019 Export Services Division
Expolanka Freight Ltd. (EFL), a pioneer provider of global logistics, took home the award for Best Exporter of Logistics Services, at the Presidential Export Awards (PEA) 2018/19, held on 19 September at the BMICH.
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Iconic Sri Lankan Cricketers Mahela and Kumar - Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai
14/10/2019 EDB Media
Mahela Jayawardena and Kumar Sangakkara - two of the most iconic cricketers produced by the country has come on board as Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai organized by the Sri Lanka Export Development Board (EDB) as a public private cooperation project .
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EDB successfully concluded the 23rd Presidential Export Awards Ceremony
20/09/2019 EDB Media
The 23rd Presidential Export Award Ceremony (PEA) organized by the Sri Lanka Export Development Board (EDB) was successfully held on 19th September 2019 under the patronage of His Excellency the President of Sri Lnaka at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo with the participation of the large number of exporters. The award winners were presented a prestigious PEA Trophy and a Certificate & they have the privilege to use the “Award Logo” as a marketing tool for a 3 year period.
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23rd Presidential Export Awards Ceremony on 19th September 2019
19/09/2019 EDB Media
The 23rd Presidential Export Award Ceremony organized by the Sri Lanka Export Development Board (EDB) will be held on Thursday 19th September 2019 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President of Democratic Socialist Republic of Sri Lanka.
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Peter Kuruvita joins as the Guest Chef for Sri Lanka at Expo 2020 Dubai
02/09/2019 Daily FT
Sri Lanka’s participation at Expo 2020 Dubai is set in a spectacular manner to ensure the strengthening of the country’s trade, tourism, and investments. The Sri Lanka Export Development Board plays a critical role, together with private and state organisations, to landmark Sri Lanka’s presence at this global event.
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Expo 2020 Dubai: Sri Lanka plans to attract FDI
25/08/2019 Sunday Observer
The government has allocated Rs. 580 million to promote Sri Lanka’s exports, tourism and investment opportunities at Expo 2020 Dubai, which is expected to draw over 25 million visitors.
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EDB conducts an Awareness Session on NRC’s PPP Programme
16/08/2019 EDB Media
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
“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
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
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
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
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
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
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
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
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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