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EDB Blog

Blog

EDB seminar on “Digital Doors to Trade”

2017-08-17

EDB seminar on “Digital Doors to Trade”

The Sri Lanka Export Development Board (EDB) is organizing a half day seminar on “Digital Doors to Trade” to create an awareness on Business to Business (B2B) and Business to Consumer (B2C) digital trade platforms for Sri Lankan exporters on consumer items. The Seminar will be held on Tuesday, 29th August 2017, 9.00 a.m. – 1.00 p.m. at the EDB Auditorium.

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Second symposium to develop national export strategy kicks off

2017-07-12

Second symposium to develop national export strategy kicks off

The Ministry of Development Strategies and International Trade and the Sri Lanka Export Development Board (EDB) will conduct the second consultation for Sri Lanka’s National Export Strategy (NES) from today. Over 300 public and private sector representatives are expected to attend in order to chart the next export growth cycle of the country.

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Toy and Gift Manufacturers in Sri Lanka

2017-06-06

Toy and Gift Manufacturers in Sri Lanka

Toy manufacturers in Sri Lanka are exhibiting an innate ability to build toys and giftware of international quality with environment-friendly and recyclable material like sustainable wood, handloom, and batik fabric as well as brass, copper, silverware, reed and rattan.

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Visit Sri Lanka Country Pavilion at Japan IT Week from May 10 -12, 2017

2017-05-05

Visit Sri Lanka Country Pavilion at Japan IT Week from May 10 -12, 2017

Japan IT Week, the largest IT trade show in Japan, is a single location solution offering latest IT technologies and solutions. Organized by Reed Exhibitions Japan Ltd and to be held from May 10 to 12, 2017 at Tokyo Big Sight, an International Exhibition Center in Tokyo, Japan, the Japan IT Week will see the gathering of a great number of IT professionals of various disciplines.

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Sri Lanka Export Development Board prepared to develop entrepreneurs in Central Province to become Exporters

2017-05-02

Sri Lanka Export Development Board prepared to develop entrepreneurs in Central Province to become Exporters

The Sri Lanka Export Development Board (EDB) on the direction of the Ministry of Development Strategies and International Trade held the second programme of creating awareness for the Central Province entrepreneurs on the developing 2000 new exporters by 2020 on 28th April 2017 at the Central Provincial Council Auditorium of Pallekele, Kandy.

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

2017-03-17

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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Organic coconut products from Sri Lanka: Capitalizing on the global trend towards the organic food and related products

2016-12-26

Organic coconut products from Sri Lanka: Capitalizing on the global trend towards the organic food and related products

Whereas Sri Lanka isn’t the world’s largest producer of Coconut, our footprint on global coconut production is still significant. Also, in the context of local exports, as both natural Coconut and value added Coconut exports constitute a significant portion of Sri Lanka’s export earnings, the commercial vitality of Coconut is beyond question.

With increasing emphasis being placed on organic agriculture and the premium prices that authentic organic products command in the global marketplace, Sri Lankan value-added Coconut products exporters are turning slowly but steadily to production of value added organic Coconut products. Considering the growing demand for the organic agricultural products all over the world, this is a commercially astute and positive change of direction. Following are some of the value added organic Coconut products being currently exported by Sri Lankan Coconut products manufacturers and suppliers.

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The Forthcoming Free Trade Agreement (FTA) between Sri Lanka & China

2016-12-14

The Forthcoming Free Trade Agreement (FTA) between Sri Lanka & China

Sri Lanka is stepping up negotiations on Free Trade Agreements (FTAs) with three of its foremost trading partners - India, China and Singapore.

The government hopes to finalize discussions and reach comprehensive trade deals with India and Singapore by December 2016 and with China by the first quarter of 2017. Sri Lanka's recent interest in FTAs with major trading partners, touted in the media as “FTA Mania”, is totally justified.

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Developing a Stronger Natural Rubber Industry with the Help of Nanotechnology

2016-12-14

Developing a Stronger Natural Rubber Industry with the Help of Nanotechnology

Although Nanotechnology is a lesser celebrated subject in Sri Lanka, one of the country’s main export crops are tipped to benefit from the latest developments in Nanotechnology.

The latest research has discovered a new chemical process to combine carbon nanotubes with natural rubber compounds to enhance its flexibility and strength. What’s more, the process has been found to enhance the mechanical and electrical properties without sacrificing the elasticity of the material.

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EDB PROMOTE TRADE AND BUSINESS PARTNERSHIPS BETWEEN PHILIPINES & SRI LANKA

2016-11-28

EDB PROMOTE TRADE AND BUSINESS PARTNERSHIPS BETWEEN PHILIPINES & SRI LANKA

Export Market diversification is one of the strategies that the EDB has identified to increase Sri Lanka’s export. Considering  Sri Lanka’s present export market concentration mainly to USA and European countries and the importance of the emerging economic power of Asia the Philippines is one of the countries identified to promote our products.

Philippine is 12th most populous country in the world over 100 Mn. population. The GDP growth was 7% in 2013. Also it is an member of ASEAN and only the ASEAN member receiving EU GSP+ facility. This will provide market access opportunity for Sri Lanka.

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Health Benefits of Essential Oils from Sri Lanka

2016-11-25

Health Benefits of Essential Oils from Sri Lanka

The medicinal and cosmetic benefits of essential oils derived from a host of herbal, spice and flowering plants that are grown widely in Sri Lanka, has been a long kept secret that found its way to the rest of the world through spice trading merchants of Western Asia.

Today spice suppliers in Sri Lanka produce a range of essential oils through distillation of leaves, bark, roots and flowers to derive the oils and essence trapped inside. Among a large number of essential oils produced in Sri Lanka, a dozen or more are favored by aromatherapists and Ayurveda specialists who believe in the curative powers of these oils;

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Turkey Industrialists Businesswomen and Businessmen Confederation visits EDB

2016-11-25

Turkey Industrialists Businesswomen and Businessmen Confederation visits EDB

The General President of Turkey Industrialists Businesswomen and Businessmen Confederation, Nezaket Emine Atsoy met Mrs.  Indira Malwatte, the Chairperson & Chief Executive and the Directors of the Sri Lanka Export Development Board (EDB) during their visit to  Sri Lanka from 7th to 11th November 2016.  Ms. Astoy is the Chairperson  of the Confederation  which has got a worldwide network consisting of key leaders in various sectors and decision makers of the concerned countries.

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Apparel Innovations: Manufacturing Smart Garments

2016-11-23

Apparel Innovations: Manufacturing Smart Garments

Beyond doubt, the Apparel industry makes a huge contribution to Sri Lanka’s total export earnings. For the calendar year 2015 alone, Apparel export revenue amounted to a whopping US $4.9 billion. In the light of this fact, the Apparel export sector’s bold ambition to earn US $8 billion as apparel export revenue by 2020 is fairly realistic and achievable. Also, directly employing 400.000 to 600,000 people, the sector consists of some of the country’s largest employers.

In an interview with Lanka Monthly Digest (LMD), Sri Lanka’s premier business magazine, Mr. Aroon Hirdaramani, a Director of the Hirdaramani Group, one of the country’s apparel giants observes that “…it is essential that we have a strong economic framework in place, to support the industry’s continued growth and competitiveness….”

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Colombo hosts 2nd edition of Intex South Asia

2016-11-17

Colombo hosts 2nd edition of Intex South Asia

Intex South Asia, the only international sourcing fair in South Asia which showcases the best in yarns, fabrics (apparel and denim) and clothing accessories, is presenting a grand display at the Exhibition and Convention Centre (SLECC) in Colombo from 16-18 November.

It is the second edition of Intex South Asia and in anticipation of the Sri Lankan apparel industry regaining GSP+ concessions, this year’s exhibition was successful in bringing more than 150 exhibitors from Italy, Japan, South Africa, Korea, China, Taiwan, Singapore, Malaysia, Indonesia, Pakistan, Bangladesh and India to Sri Lanka.

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Intex South Asia 2016 to showcase over 11 countries’ best of textiles

2016-11-15

Intex South Asia 2016 to showcase over 11 countries’ best of textiles

The aim of the new edition of Intex South Asia, which will take place from November 16 to 18, 2016, at the Sri Lanka Exhibition and Convention Centre, Colombo, is to present and showcase the entire value chain by bringing together the best manufacturers of yarns, apparel fabrics, denims, clothing accessories and allied services.

Sri Lanka will soon witness leading international buyers visiting Colombo to attend and source at Intex South Asia. Leading buyers attending the show are from India, Bangladesh, Malaysia, Spain, Pakistan, Saudi Arabia, Hong Kong, China, Thailand, Mauritius, Iran, Australia, the USA, the UK, Europe, Nigeria, South Africa and many more.  The Sri Lankan apparel industry has also blocked its calendar to visit with its teams at this important  mega event.

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Sri Lanka seafood, apparel exports up in July

2016-10-18

Sri Lanka seafood, apparel exports up in July

Sri Lanka's seafood exports to the European Union picked up 19.9 percent in July 2016 from a year earlier, following the lifting of a ban, and apparel exports rose 3 percent, but lower commodity prices have hit petroleum and tea.  

Exports fell 4.4 percent to $891.2 million in July 2016 from a year earlier and imports fell 6.6 percent to $1,432 million dollars, shrinking the trade balance 10 percent to $541 million, official data showed.

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Sri Lanka is ready for business

2016-10-14

Sri Lanka is ready for business

To achieve strong growth Sri Lanka has put in place a multifaceted framework to encourage business and get access to key markets around the world, said a top official at an international forum.

The entire spectrum of economic changes planned by the Government to boost growth was outlined by Development Strategies and International Trade Minister Malik Samarawickrama at the inauguration of the World Export Development Forum (WEDF) on Wednesday. Given below is the full speech delivered by the Minister.  

It is a great pleasure indeed to welcome all participants to the 16th World Export Development Forum (WEDF) 2016, and at the outset permit me to thank the individuals and institutions whose untiring efforts have enabled this forum to take place in Sri Lanka. 

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SheTrades rings message of entrepreneurship

2016-10-14

SheTrades rings message of entrepreneurship

A bell ringing ceremony was held at Colombo Stock Exchange yesterday to raise awareness about International Trade Centre’s (ITC) ‘SheTrades’ initiative, which seeks to connect one million women entrepreneurs to markets by 2020.

The event was held in parallel with the World Export Development Forum (WEDF), organised by ITC in collaboration with Sri Lanka Export Development Board.


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Time to make trade happen

2016-10-12

Time to make trade happen

A robust trade agenda is essential for Sri Lanka to leapfrog competitors, believes International Trade Centre (ITC) Executive Director Arancha González, who is in Colombo to attend the World Export Development Forum (WEDF) sessions today that will also focus on SMEs and foster direct engagement between businesses.     

ITC is the joint agency of the United Nations Conference on Trade and Development and the World Trade Organization. Gonzalez is in Colombo this week to meet with key Government officials and attend the sessions of the WEDF on Wednesday and Thursday. The forum has been billed as one of the largest trade promotions forums to date with hundreds of local and foreign companies participating in nearly 3,000 “speed dating” sessions during the next two days.   

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Indira Malwatte – Sri Lanka The Lifetime Achievement Award (Business)

2016-07-05

Indira Malwatte – Sri Lanka The Lifetime Achievement Award (Business)

In recognition of a lifetime of dedication, underpinned with a bold vision and a strong sense of integrity, Indira Malwatte is awarded TheWIFTS Foundation Lifetime Achievement Award 2016 (Business). Her groundbreaking appointment and mandate as the first woman to serve as the Chairperson and Chief Executive of the Sri Lanka Export Development Board (EBD) is to stimulate Export Development and International Trade. The EBD is the apex institution vested with national responsibility for Export Development across Sri Lanka.

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