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EDB Blog

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Herbal Tea from Sri Lanka – A Cup of Natural Goodness

2017-03-10

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

2017-02-20

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

2017-02-17

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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EDB in fresh push to boost gem and jewellery in Thailand

2017-02-14

EDB in fresh push to boost gem and jewellery in Thailand

The Export Development Board (EDB) entered into a promotional agreement with Thai Trade Centre Chennai (TTCC) on 7 February to further develop two-way trade between Sri Lanka and Thailand.

The agreement that was entered into between EDB and TTCC was a result of long and effective discussions between the Sri Lanka Embassy in Thailand, EDB, NGJA and SLGJA. The agreement was signed in the presences of the Ambassador for Thailand in Sri Lanka Nopporn Adchariyavanich at the EDB in Colombo.

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Sri Lanka's Skilled IT professionals

2017-02-06

Sri Lanka's Skilled IT professionals

With 30 Sri Lankans out of each 100 having access to the internet and one in four households in the country owning at least one computer, Sri Lanka is making strides in increasing IT literacy among school children and youth across the island.

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National Strategy for Exports.

2017-02-02

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

2017-01-27

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

2017-01-20

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

2017-01-17

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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Coconut Fiber Geo-Logs and Geotextiles in Environment Conservation

2017-01-17

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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Educating a New Generation for a Better Future for Ceylon Cinnamon

2017-01-16

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 zelanicum, 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

2017-01-16

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

2017-01-12

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

2017-01-12

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

2017-01-11

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

2017-01-11

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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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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Trade for success: Connect, Compete, Change - 16th edition of the WEDF

2016-12-14

Trade for success: Connect, Compete, Change - 16th edition of the WEDF

The 16th edition of the globally represented World Export Development Forum 2016 (WEDF 2016) was hosted for the first time in Colombo, Sri Lanka on the 12th and 13th of October, marking the rapidly developing nation’s irreplaceable role in the advancing regional economy as a logistics hub. The two-day event annually organized by the International Trade Centre (ITC) was co-hosted this year by the Ministry of Development Strategies and International Trade of Sri Lanka through the Sri Lanka Export Development Board (EDB), and was timely themed ‘Trade for Success: Connect, Compete, Change’.

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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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