• EDB hosts program in Northern Region to assist entrepreneurs

    27/03/2017 Daily News

    02/01/2017
    EDB hosts program in Northern Region to assist entrepreneurs

    The Sri Lanka Export Development Board (EDB) under the direction of the Ministry of Development Strategies and International Trade launched the first in a series of awareness programmes under the National Programme of Development of 2000 exporters by the year 2020 in Jaffna....

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  • Reinstatement of GSP Plus Concessions for Sri Lankan Apparel by EU

    24/03/2017

    02/01/2017
    Reinstatement of GSP Plus Concessions for Sri Lankan Apparel by EU

    The good news is in. The perseverance of the incumbent government of Sri Lanka in negotiating with EU to have GSP Plus Concessions reinstated are eventually paying off. The European Commission, the executive body of the European Union, has proposed that Sri Lanka is eligible to receive GSP Plus Concessions. Once it’s 

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  • Seven Ways to Combine Ceylon Tea with Cooking

    24/03/2017

    02/01/2017
    Seven Ways to Combine Ceylon Tea with Cooking

    Other than providing warm indulgence or a refreshingly chilled flavor, Ceylon Tea also provides many options for adding a sweet, grassy, herbal or smoky note to our cooking. Different types of Ceylon Tea can bring a different type of texture and flavor to your cooking whether it is soft puddings, buttery cookies, stir-fries or meat dishes.

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  • EDB to Groom 2,000 Entrepreneurs

    20/03/2017 by Sunday Observer

    02/01/2017
    EDB to Groom 2,000 Entrepreneurs

    EDB Chairperson Indira Malwatte

    The Export Development Board (EDB), the apex body for exports in the country, has embarked on a program to groom 2,000 entrepreneurs to enter the global export market which will result in many trickle down benefits to the economy.

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  • Fishery Improvement Project (FIP) for Sri Lankan Blue Swimmer Crab

    17/03/2017

    02/01/2017
    Fishery Improvement Project (FIP) for Sri Lankan Blue Swimmer Crab

    The Sri Lankan blue swimmer crab fishery is a coastal fishery industry, which operates in the relatively shallow waters of Southern tips of Gulf of Mannar across the Palk Straits to the Southern boundary of the Bay of Bengal. 

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  • Herbal Tea from Sri Lanka – A Cup of Natural Goodness

    10/03/2017

    02/01/2017
    Herbal Tea from Sri Lanka – A Cup of Natural Goodness

    The Sri Lankans have long celebrated the healing goodness of herbal plants and long before tea and coffee were merged into our daily diet as the two main hot drinks, we drank herbal infusions or tisane as the world know it today.

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  • Sri Lanka’s Participation at GULFOOD 2017, the Largest Annual Food and Beverage Exhibition in the Middle East

    20/02/2017

    02/01/2017
    Sri Lanka’s Participation at GULFOOD 2017, the Largest Annual Food and Beverage Exhibition in the Middle East

    The 22nd edition of the GULFOOD 2017, the largest annual food and beverage trade show in the Middle East will kick off on February 26, 2017, at Dubai World Trade Center, with the participation of over 95,000 stakeholders including food and beverage manufacturers, suppliers and professionals as well as customers from across the world.

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  • Environment and Resource Sustainability in Gem Mining in Sri Lanka

    17/02/2017

    02/01/2017
    Environment and Resource Sustainability in Gem Mining in Sri Lanka

    While the rest of the world believes in the extreme extraction of gems and diamonds using heavy machinery and state of art mining equipment, gem mining in Sri Lanka is mostly a labor of love heavily dependent on elbow grease and skill than any other machinery.

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  • National Strategy for Exports.

    02/02/2017

    02/01/2017
    National Strategy for Exports.

    The Export Development Board (EDB) has initiated action on the preparation of a National Export Strategy (NES) for the next five years. The EDB is empowered by the Sri Lanka Export development Act to prepare a national Export strategy.

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  • Sri Lanka’s Growing Startup Culture

    27/01/2017

    02/01/2017
    Sri Lanka’s Growing Startup Culture

    Each year 250,000 Sri Lankans reach the job market looking for new working opportunities. Since the government sector is filled to the brim, private sector organizations in Sri Lanka is faced with the responsibility of providing 8 out of 10 new jobs, which makes the spark of entrepreneurship, a necessity more than an option today.

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  • The Growth of ICT /BPM Sector in Sri Lanka

    20/01/2017

    02/01/2017
    The Growth of ICT /BPM Sector in Sri Lanka

    Ranked at 14th in Global Services Location Index 2016, by AT Kearney and among the Top 20 Emerging Cities by Global Services Magazine, Sri Lanka recorded an over USD 800 million in export revenues in the BPM and ICT sector.

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  • Coconut Fiber Geo-Logs and Geotextiles in Environment Conservation

    17/01/2017

    02/01/2017
    Coconut Fiber Geo-Logs and Geotextiles in Environment Conservation

    With the annual economic losses due to deforestation and land degradation estimated at a 1.5 – 3.4 trillion Euro in 2008, equaling 3.3 – 7.5% of global GDP in 2008, the world is fighting a losing battle against soil erosion and degradation caused by natural and man-made causes.

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  • Gem Lapidaries in Sri Lanka - Attuned to the fine art of Gem Cutting in Sri Lanka

    17/01/2017

    02/01/2017
    Gem Lapidaries in Sri Lanka - Attuned to the fine art of Gem Cutting in Sri Lanka

    Sri Lanka has been celebrated for the brightest and the most valuable gemstones in the world and was suspected to be the locality of mythical ‘Tarshish’, the port city, which supplied King Solomon with gems, silver, pearls and ivory.

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  • Educating a New Generation for a Better Future for Ceylon Cinnamon

    16/01/2017

    02/01/2017
    Educating a New Generation for a Better Future for Ceylon Cinnamon

    Sri Lanka holds the monopoly for Ceylon Cinnamon or true cinnamon, the celebrated spice that changed the human history forever. Made from the bark of the small evergreen tree called Cinnamomum Verum, Ceylon Cinnamon’s unique fragrance and taste, as well as its remarkably low amounts of coumarin, had made it one of the most sought after spices made in Sri Lanka, ever since the world discovered the many uses of Ceylon Cinnamon.

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  • Sri Lanka’s Gem Exports to China set to increase

    16/01/2017

    02/01/2017
    Sri Lanka’s Gem Exports to China set to increase

    In the wake of the Free Trade Agreement between China & Sri Lanka to be finalized around March 2017 and of the recently signed Memorandum of Cooperation (MOC) between the Sri Lanka Gem and Jewellery Association (SLGJA) & Guangdong Gems and Jade Exchange (GDGJE), it’s on the cards that Sri Lankan gem exports to China, the world’s largest gem importer enjoying the lion’s share, that is, 76.8% of the world gem market - In financial terms, China’s gem imports amount to a whopping US $25.8 billion - will grow considerably.

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  • Ceylon Sapphire’s Star is Rising Due to Changing Market Trends

    12/01/2017

    02/01/2017
    Ceylon Sapphire’s Star is Rising Due to Changing Market Trends

    Sri Lanka was once again reaffirmed as the Rathnadweepa or ‘the isle of gems’ by the discovery of the biggest blue star sapphire from a mine in Rathnapura, the town of gems.

    Weighing an astonishing 1404 carats, the rare star sapphire now known as ‘Star of Adam’ was valued at over USD 300 million. Found during the fall of the year 2015, the star sapphire has evoked a greater interest and excitement among the global gem and jewelry traders.

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  • The Thriving Boat and Sea Craft Manufacturing Industry in Sri Lanka

    12/01/2017

    02/01/2017
    The Thriving Boat and Sea Craft Manufacturing Industry in Sri Lanka

    Sri Lankan boat manufacturers are seeing an increase in demand for pleasure, commercial and fishing boats following the International Boat and Fisheries Exhibition 2016 that was held at Dickowita Fishery Harbor in October last year.

    According to the Ministry of Fisheries and Aquatic Resources Development, the country is tipped to receive an income of Rs. 20 billion by exporting Sri Lankan made fishing vessels to European countries including the UK, Norway, Sweden, the Netherlands and France.

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  • Improving Sri Lanka’s Rubber Sector with New Breeds and Varieties

    11/01/2017

    02/01/2017
    Improving Sri Lanka’s Rubber Sector with New Breeds and Varieties

    Sri Lanka, the cradle of the global rubber revolution and one of the eleven natural rubber growing countries in the world, only holds the tenth position among the eleven members of the Association of Natural Rubber Producing Countries (ANRPC) mainly due to the low production and yield of natural rubber.

    Due to the low yield in Sri Lankan rubber plantations and to the rising amounts of domestic consumption, Sri Lanka’s rubber exports have diminished from 120,900 metric tons in 1980 to a mere 16,300 metric tons in 2014, as per the statistics provided by the Rubber Research Institute of Sri Lanka.

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  • Coco Peat based Growing Media from Sri Lanka for Greenhouse Cultivation

    11/01/2017

    02/01/2017
    Coco Peat based Growing Media from Sri Lanka for Greenhouse Cultivation

    It’s no secret that Sri Lanka’s abundance of Coconut plantations is a significant source of export earnings and employment generation in that it gives rise to a number of industries from Coconut flour to desiccate to activated carbon to coir grow bags and everything in between. While it’s not as common as Coconut oil, desiccate & activated carbon exports, Coconut substrate based growing media are a lucrative exports industry. The industry has created an economic value for Coco peat, a byproduct of coir manufacturing industry, which had long been held as deleterious in terms of the fertility of land.

    Foremost among these growing media are coir grow bags, a product extensively used in greenhouses...

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  • EDB impetus for product, tech upgrade for the export sector

    10/01/2017 Daily News

    02/01/2017
    EDB impetus for product, tech upgrade for the export sector

    The export sector of Sri Lanka which contributes nearly 20% to the country’s GDP, plays a vital role in achieving the development objectives of the government in terms of, employment generation poverty alleviation and enhancing foreign exchange earnings.

    The Government is pursuing an outward looking economic policy and is taking measures to integrate with the rest of the world to connect and compete to reach wider market access through deepening the existing FTAs with India and Pakistan, working on new trade agreements with Asian economies like China and Singapore and possible preferential trade agreements with Thailand, Malaysia and Turkey. All the above and the restoration of GSP+ in the year 2017 and initiatives to boost trade with USA will open up new opportunities for the export sector.

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