The growing interest in and demand for wellness services is a favourable global trend for the development of this industry in Sri Lanka. Many countries and cities are defining themselves as wellness tourism destinations but few could match Sri Lanka’s rich cultural and wellness lifestyle-based heritage.
Sri Lanka possesses the capabilities required to build quality boats that are on par with those made by the world leaders in boat building. Since France, Italy, Belgium, Scandinavia, Finland, Sweden, Denmark, Norway, and the UK are competing boat building nations, Sri Lanka needs to aggressively market and canvass for opportunities to grow its position in the world market. Mr Gamini Herath, Managing Director of Boat Building Technology Improvement Institute (BTI) believes the industry shows great promise.
For centuries, the gem and jewellery industry of Sri Lanka has been playing a central role in the country’s cultural, social and economic development. Growing from strength to strength, the industry presents tremendous opportunities of investment and value addition. There are two principal ways by which the gem and jewellery industry contributes to the Sri Lankan economy.
Even if we’re a little more than halfway through 2018, we can’t help facing the fact that there’re some significant trends and forces shaping, influencing and disrupting the printing industry. So it’ll be in the best interests of Sri Lankan printing, pre-press and packaging services providers to learn what’s really going on in order to tailor their businesses to fit the shifts in the landscape.
Come 2022, earn US $5 billion in annual revenue; create a total of 200,000 direct jobs; help launch 1000 ICT/ BPM startups. By any standard, to borrow Jim Collins’s phrase, it’s a Big Hairy Audacious Goal (BHAG) in a national context, but, in the opinion of industry veterans, it’s quite within our reach. Sri Lanka Association of Software and Service Companies (SLASSCOM) that came up with this bold vision in 2016 too believes strongly in the country’s ability to realize it.
With the acquisition of combined offset / digital printing equipment, many Sri Lankan printers are fully geared to break fresh grounds and go global in this new era of globalization.
As a top office bearer of the Sri Lanka Association of Printers (SLAP) has disclosed to The Sunday Times recently, the industry is striving to establish Sri Lanka as a global printing hub that would open fresh business opportunities and rake in much needed earnings in foreign currency.
Organized by Boat Building Technology Improvement Institute (BTI) and Sri Lanka Export Development Board (EDB), in association with Ministry of Development Strategies and International Trade, Ministry of Industry & Commerce, Ministry of Ports and Shipping, South Asia’s most focused and largest international Boat Show and Boating Festival Sri Lanka 2018 will be held from 26th to 28th October 2018.
Sri Lanka’s economy has transitioned from a rural agrarian framework to an urbanized service-oriented structure within the last four decades. The country’s service sector accounted for 62.4 % of GDP followed by a 28.9% by the manufacturing sector and an 8.7% by agriculture.
The Sri Lanka Export Development Board is organizing exposure visit cum one on one business meetings in Malaysia and Singapore with the assistance of High Commissions of Sri Lanka in Malaysia and Singapore from 16th -21st July 2018 with the participation of 6 electronics and electrical sector companies in Sri Lanka. Business networking meetings in Malaysia and Singapore will be organized with the assistance of High Commissions of Sri Lanka in Malaysia and Singapore.
The recent developments in Sri Lanka’s infrastructure development and engineering have evoked a keener interest in the development of sustainable green buildings among construction companies in Sri Lanka.Centuries-old concerns about the tug o’ war between nature and manmade constructions have given rise to a concept of environment-friendly green buildings.
Sri Lanka, the picturesque island in the heart of the Indian Ocean, boasts a long and proud history of boat building. It’s well-poised to become the hub for boat manufacturing in the Asian region over its strategic location, highly trainable workforce and labour cost advantage. On top of that, Sri Lanka has one of the best natural harbours in the region and its commercial port in Colombo is rated among the most economical and efficient providing a complete service to the shippers.
The end of the three-decade long war saw a sudden boost to the country’s logistics and transportation infrastructure positioning the country at the 73rd among the 138 countries for infrastructure development.
The global demand of for cut flowers, foliage, and ornamental plants has been on a steady rise for the last decade with global exports for developing countries alone reporting a market value of USD 4 billion in the year 2012.
During Sri Lanka’s centuries-long history of offshore fishing, the country has been mainly dependent on the natural fish production within the 200 nautical miles of Exclusive Economic Zone situated in the Indian Ocean.According to Food and Agriculture Organization (FAO), nearly 50% of the seafood consumed worldwide comes from aquaculture, while over 90% of Sri Lanka’s seafood is still caught wild.
Sri Lanka Export Development has organized a Sri Lanka Country Pavilion at the renowned IT Fair – Japan IT Week. Accordingly, 10 Sri Lankan ICT companies will be exhibiting their software products and services at Japan IT Week 2018. The Sri Lanka Pavilion is located at the East Hall, E 07 -18 Booth at Tokyo Big Sight, Japan. Japan IT Week - 2018 will be held from May 9 to 11, 2018.
In their unrelenting resolve to build a global customer base for Sri Lankan seafood, Sri Lanka Export Development Board (SLEDB) has organized Sri Lanka Country Pavilion at Seafood Expo Global 2018. The lifting of the ban on Sri Lankan seafood by the European Union in the mid 2016 saw a notable surge in seafood export revenue. Coming on top of that, Sri Lanka Country Pavilion at Seafood Expo Global 2018 promises to be an excellent booster of Sri Lankan seafood in the global marketplace. SEG 2018 will take place from April 24 to 26 at Brussels Expo, Brussels, Belgium. Sri Lanka Country Pavilion will be located at Hall 8 – 4461.
Situated on a key East-West trade route and set close to India, Sri Lanka possesses the essential locational advantage to become a key logistics hub in South Asia. It’s potential to become an important transshipment hub in the region, a site where many shipping lines consolidate and de-consolidate cargo for transshipment to other destinations.
The end of the three-decade long armed conflict in Sri Lanka in the year 2009, has given a boost to the country’s then growing construction industry. As the country rushed to make up for the 30 years of neglect and ruin, construction industry became one of the major beneficiaries of country’s rapid economic development.
Sri Lankan Electrical and Electronics industry is progressively stepping into the Global Electronics Value Added Supply Chain with products and services gaining acceptance amongst the most important Global Market Leaders. The Electrical and Electronics industry in Sri Lanka grew significantly over the past 45 years and saw it being gradually elevated to the position a key...
Despite a two-decade-long debate in local travel and tourism sector about the need to move beyond branding of Sri Lanka as a beach destination under the essence of the Sun, the Sea and the Sand, the country is yet to align itself with the luxury wellness tourism emerging in South East Asia.