Sri Lanka’s January–November exports have notched $10.1 Bn driven by 'across the board' surge and specifically led by apparel and industrial products and the crucial apparel volumes appear to be almost on its annual earnings target. “Several sub sectors including apparel and fishery have delivered and sustained our year on year growth” said Bandula Egodage, Chairman & CEO of EDB on 30 December.
EDB Chairman Egodage was commenting on the provisional top-line export data presented to him by his Directors in Colombo on 30 December at EDB..
Established over 25 years, Gulfood has a well deserved reputation amongst the exporters for delivering spectacular return on investment. While being the Middle East’s leading exhibition dedicated to the food service and hospitality sectors, Gulfood is also the most influential annual Food and Hospitality show in the world. For the exporters seeking new sales from the Middle East, Africa and South Asia, Gulfood provides a trade and sourcing platform without equal, where international flavours find world-class business. With the record participation by the global companies, Gulfood is the metaphorical birthplace for a massive number of international business opportunities. Gulfood 2015 is scheduled to be held from 8th to 12th of February, 2015 in Dubai, UAE.
The storied iconic brands in the fashion industry, say, Nike, Diesel, Victoria’s Secrets, Mark & Spencer, H & M, GAP, NEXT, Levi’s among many others that are synonymous with exceptional fashion clothing rely on Sri Lanka as their topmost Apparel Sourcing Destination. Sri Lankan Apparel Exports mainly include Casual Wear, Fashion Wear, Intimate Wear, Swim Wear, Sports Wear, Uniform & Workwear and Children's Wear.
Thanks to an abundance of trainable and skilled labour force, technology infrastructure and visionary leadership, Sri Lankan Apparel industry has seen rapid growth and earned the trust and loyalty from the world leading Fashion brands that are unblinkingly strict about quality and socially compliant manufacturing practices.
Amidst a number of countries that export apparel, Sri Lanka enjoys a privileged position as a prime sourcing destination for garments without guilt. At the heart of this phenomenal success lies the philosophy that ‘Ethical Business is not a practice but a way of life’. The official website of Joint Apparel Association Forum (JAAF) proclaims “We take pride in saying that Ethical Business Practices and Responsible Commerce at Sri Lanka's Apparel Industry are not a response to increasing need and demand for 'Ethical Products' and satisfy Business Compliance, but has been a Way of Life for last 30 years across the 350 plants and over 1 Million strong workforce.”
The delicious aroma that emanates as a few spoonfuls of Ceylon tea hit the simmering water in the white jug patterned with tea-buds every morning is refreshing forever. A sip of the steaming cup feels great on the tongue tickling the taste-buds. A great aroma with a fabulous taste, Ceylon Tea is beyond compare. Whether it’s in the morning or in the evening, a hot cup of tea is always a delectable drink.
But, as the Book of Tea, Kakuzo Okakura’s 1906 philosophical treatise on tea says, tea had been a medicine long before it became a beverage. The potent natural antioxidants that abound in green & black tea can protect regular tea drinkers from a number of degenerative diseases such as heart disease, high blood pressure, stroke, cancer and diabetes.
Continual consumption of correctly brewed Ceylon Tea is known to decrease the oxidation of fat. Catechins in green tea, theaflavins and thearubigins in black tea can inhibit lipid oxidation and plaque formation (which can cause heart disease), whilst cutting cholesterol. Regular consumption of tea is also known to reduce blood clotting. Blood clotting heightens the risk of coronary thrombosis.
Plans are all under way for a Sri Lankan Pavilion to be set up at Gardex / IFEX 2014, Asia’s largest show focusing on all kinds of garden and outdoor products to be held from October 15 - 17 2014 in Tokyo, Japan. Hailed as the industry’s Premier trade show, Gardex is a great meeting place for the major players.
Sri Lanka Export Development Board joins hands with Sri Lankan Embassy in Tokyo, Japan to organize the Sri Lankan pavilion at Gardex where 8 leading Sri Lankan companies exporting Coconut-based Substrate and a leading Foliage and Live Plants exporter will be showcasing their merchandise.
The exports of textiles and garments from the island nation of Sri Lanka surged by 23.4 percent year-on-year in the first month of 2014, according to a press release on ‘External Sector Performance – January 2014’ issued by the Economics Research Department of the Central Bank of Sri Lanka.
Textiles and garments, which is the main contributor to the growth in industrial exports from Sri Lanka, grew by 23.4 percent to US$ 412 million in January 2014, compared to exports of $333.9 million made during the same month last year.
Sri Lanka has garnered more than $4.6 Mn orders at the recently concluded Kunming Int’l Fair in China-and this too is only from the initial overview of Kunming outcomes rather than any in-depth totals. “I am pleased of the performance of the delegation of 119 companies and businesses that I led to Kunming. I commend EDB for this successful facilitation effort” said a satisfied Rishad Bathiudeen (Minister of Industry and Commerce of Sri Lanka) on 31 July in Colombo.