2015-06-08
In a post-quota era, where competition with mass garment manufacturers is destructive to the workforce as well as to the industry, Sri Lankan garment manufacturers have reinvented themselves as environment friendly, ethical employers of labour.
With the ending of the global quota system in apparels in the year 2005, Sri Lankan garment manufactures were faced with two extreme options. The first was to compete with global giants in mass garment manufacturing in India, Bangladesh, Vietnam and China and the second was to go for a less competitive yet highly risky option of re-branding themselves as eco-friendly and labour friendly producers of quality garments.
2015-06-05
The soft, golden coloured and delicate cigar like rolls of Ceylon Cinnamon has long been an essential part of world cuisine and herbal medication yet claims its' origin to the humble cinnamon groves in the Western coast of Sri Lanka.
Although Sri Lanka is mostly celebrated for its' Ceylon Tea, Cinnamon has been among its top exports during the past centuries and most of the world's colonial powers had waged long and gory battles over the monopoly of Ceylon Cinnamon export.
2015-06-05
Buoyed by its success of the educational promotions of 2014 in Male, the EDB is facilitating the largest Lankan educational delegation to Maldives next week.
The promotional tour is organized in collaboration with Sri Lanka High Commission in Male.
2015-06-04
True to the observations made by one of world's best thriller writers, the rise of Ceylon Tea Industry in Sri Lanka and the lush Ceylon Tea plantations stands witness to the indomitable courage shown by a group of pioneering tea planters, who chose to grow tea, when life threw lemon at them.
2015-06-03
A delegation of Sri Lankan Food & Beverage Manufacturers & Suppliers participated in SIAL China 2015 held from May 6 - 8, 2015. The Sri Lanka Country Pavilion was organized by Sri Lanka Export Development Board. The delegation of exhibitors comprised of five Food & Beverage export companies i.e Renuka Agri Food Ltd, Nestle Lanka , Asia Teas (Pvt) Ltd, Ceylon Cold stores and Oilmo Virgin Coconut (Pvt) Ltd.
2015-06-03
As the world seeks to blend and modify older version of food and beverages to suit millennials' palates, Sri Lankan tea exporters are experimenting with traditional flavours of Ceylon tea, combining various tea types with flavours of fruits, spices and flowers to suit emerging tea markets around the world.
2015-06-01
A long term research into improving the environment sustainability of the Sri Lankan tea industry bore fruits, when Sri Lankan tea planters were awarded the 'Ozone Friendly' status as a world first, for discontinuing the use of Methyl Bromide as a pesticide in local tea plantations.
2015-05-28
Tea is the most consumed beverage in the world next to water and as per today, global consumption of tea amounts to trillion cups a year. While most of these cups amounts to black tea, the rising star of the global tea scene is green tea, with nearly 15% of the global market share.
2015-03-27
The Rubber industry in Sri Lanka, one of the enduring colonial legacies that provides sustained socio-economic benefits to the country began in 1876 with the planting of 1919 rubber seedlings in Henarathgoda in Gampaha District. Today, Sri Lanka’s Rubber industry consists of two closely interdependent sectors: (1) the rubber plantation industry which produce raw rubber, and (2) the rubber product manufacturing industry, which converts raw rubber in to value added finished rubber goods.
2015-03-19
As ICT exports are projected to top $1Bn this year, Sri Lanka has launched the latest ICT Value Survey to find the national hi-tech exports it achieved in 2013/14-and all the ICT exporters are encouraged to actively take part in it.
“We have recognized the ICT industry to be a key player in our exports. We a looking for $1 billion exports this year” voiced Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka on Wednesday (18) in Colombo.
2015-03-13
CEMS-Global USA’s three comprehensive international exhibitions focused on the entire textile and garment sector of Sri Lanka – ‘6th Textech Sri Lanka 2015 International Expo,’ an international exhibition on textile garment technology and machinery,’ along with concurrent exhibitions ‘20th Dye+Chem Sri Lanka 2015 Int’l Expo,’ an int’l exhibition on dyes and fine and specialty chemicals, and ‘6th Colombo Int’l Yarn & Fabric Show 2015’ kicked off yesterday at the Sri Lanka Exhibition & Convention Centre (SLECC), Colombo. The exhibitions will run through 14 March.
2015-03-11
Sri Lanka’s coloured stone industry which is the fourth largest export earner in the island should export more value addition gems to contribute better to the country’s’ export earnings , a senior official at Export Development Board (EDB) said.
“We are doing our best to achieve the highest value added gem market,” Bandula Egodage, chariman and chief executive of Sri Lanka Export Development Board said.
2015-03-10
Sri Lanka’s apparel industry is well on its path to meet the apparel export target of US $8.5 billion by 2020. Apparel exports which bring the largest export income to the country have recorded an increase of 9.26% YoY by earning US $4.9 billion in the year of 2014. In 2013, earnings from apparel rose by 13% YoY, recording a $4.5 billion surpassing the US $4 billion target initially set by the apparel industry.
2015-03-04
Sri Lanka is the largest producer of Pure Cinnamon in the world accounting for 70% of the global production. The Ceylon Cinnamon (Cinnamomum zelanicum) referred to as “sweet cinnamon” and “true cinnamon” is considered superior to the variety known as Cassia in the global market.
Since Sri Lanka is the birthplace of true cinnamon, all the customs, traditions, culture and technology associated with cinnamon are well integrated as a heritage to the socio economy of our nation.
2015-02-26
The recovery of export streams and markets damaged through neglect and weak international relations is a major priority in Sri Lanka’s ‘100-day Global Trade Blueprint’, which was unveiled for the first time in Colombo.
The new Government also revealed that Sri Lanka’s exports as a share of GDP, is not at a low of 15% as generally believed but is at 20%.
2015-02-23
The past three years from 2012-2014 saw a renaissance in Ceylon Tea with the year 2013 breaking all records and the 2014 figures just released surpassing even that of 2013, recording the highest ever export earnings of $ 1.61 billion (Rs. 210.2 billion) which is a 5.43 % growth over 2013 and a FOB price of US$ 4.95 per kg, which is a 3.1 % growth over 2013 which were all records for the 147 year old history of the Sri Lankan tea industry.
2015-02-20
The Sri Lankan footwear market leader, DSI dominated the Design Award Ceremony held on 8th February 2015 at BMICH. Held parallel to the Footwear and Leather Fair 2015, which was held from 6th to 8th February at the BMICH, the Awards Ceremony celebrated the best and brightest of the industry. The exhibition was organised jointly by the Sri Lanka Export Development Board (EDB) and Industrial Development Board (IDB) in collaboration with the Footwear and Leather Goods Manufacturers Association in Sri Lanka as an endeavour to assist and upgrade the local manufacturers and designers.
2015-02-18
Sri Lanka's Export Development Board (EDB) said that it has opened a web portal for service exporters as a one stop for them to link with international partners.
The portal named as www. srilankaservicexport.com is free for exporters, the EDB said in a media statement.
2015-02-13
Fifty Sri Lankan companies participated at the Gulfood 2015 in Dubai from 8-12 February displaying food and beverage products such as tea, spices, processed food, soft drinks, biscuits, virgin coconut oil, dried fruit, herbal products, etc.
2015-02-10
Sri Lanka's merchandise exports continued on its growth trend in 2014 to a total of over US$ 11 billion with an increase of 9 percent in the month of December, the Export Development Board (EDB) reported.
According to the latest data from the EDB, Sri Lanka's exports for 2014 rose 6.67 percent from the previous totaling US$11.079 billion. The figure, which only represents earnings from provisional merchandise, is expected to rise when the service exports values included.
