The Central Bank on 27th March 2020 announced a series of wide-ranging financial concessions to alleviate the hardships businesses are facing owing to the impact of Covid-19. The concessions are applicable to the entire gamut of organisations ranging from large corporate to self-employed individuals, and particularly to export-related enterprises. The Sri Lanka Export Development Board (EDB) took the initiative in bringing the severity of the crisis situation the business community, particularly the export sector, is facing and the dire need to give relief, to the notice of the Central Bank and other key Government stakeholders.
Total merchandise exports for Jan & Feb 2020, was US$ 1,931 which resulted in a reduction of 3.6% compared to the same period in 2019.
The Government should extend the financial moratorium to all exporters, as merchandise exports will be the first to bounce back after the COVID-19 crisis is controlled, a top official said.
“The moratorium on loans and interests that the Government has introduced to the apparel, tourism, IT and SME sectors should be extended to all exporters. Merchandise exports will be the first to recover and help the economy,” Export Development Board (EDB) Chairman Prabhash Subasinghe told Daily FT.
Sri Lanka Customs has taken immediate steps to assist the exporters whose export of products have been delayed by the corona outbreak to export products that have been produced and prepared for exportation as well as goods that are essential and urgently required to be exported to respective countries.
The National Plant Quarantine Stations at the Seaport, Colombo and Bandaranaike International Airport (BIA) in Katunayake are open to accepting samples of plants and coir products for quarantine testing and issuing of certificatio.
The Embassy of Sri Lanka in partnership with the Sri Lanka Export Development Board organized a Familiarization tour of the Jordan market for a 13 member delegation of Sri Lankan entrepreneurs from 25 – 27 February to seek entry into the Jordanian market which has been hitherto largely untapped by Sri Lanka.
The Export Development Board (EDB) yesterday called on the private sector to plan and prepare for the novel coronavirus COVID-19 challenge, which has caused market and supply chain disruptions globally since February, and is threatening to impact trade.
Sri Lanka needs to popularize boating as a lifestyle to create awareness on the boating activities among the relevant stakeholders and more importantly to increase revenue in a big way, Sri Lanka Export Development Board (EDB), Director General Jeevani Siriwardena said.
Embassy of Sri Lanka in Egypt organized a business networking event, from 23 to 25 February 2020, with the participation of a 11-member delegation of Sri Lankan exporters, facilitated by the Sri Lanka Export Development Board, funded by the Ministry of Foreign Relations, under the Economic Diplomacy Programme. This event focused on promoting selected Sri Lankan products having a high demand in the Egypt markets namely; Ceylon Tea, Coconut Products, Rubber Products and Spices.
Ayurveda is believed (with good reason) to be an eternal science that first existed in the universal consciousness (Brahma) before it was passed from the creator to the ancient Indian mystics through meditation. The roots of Ayurveda go deep into the antiquity. Many of the foods and spices associated with Ayurvedic cuisine, including rice, lentils, urad dal, ginger, and turmeric, were already being cultivated during this period.
BioFach, the world´s leading Trade Fair for Organic Food, combined with VIVANESS International Trade Fair for Natural and Organic Personal Care, is an important business event, an emotional event for the sector, and both a get-together and an opportunity for positioning.
Sri Lanka Export Development Board is organising Sri Lanka country Pavilion at BioFach 2020 to be held from February 12-15 at Nuremberg Exhibition Centre, Nuremberg, Germany. Fifteen (15) Food & Beverage Exporters from Sri Lanka will be showcasing their products at Sri Lanka Country Pavilion to be housed at "Stand No. -3A-414 of Hall No. 3A.
2019-11-14The Sri Lanka Export Development Board (EDB) has organized a Sri Lanka pavilion at “PRODUCTRONICA 2019” from 12th – 15th November 2019 at MESSE MÜNCHEN, Germany with the assistance of Embassy of Sri Lanka in Germany and Consulate General of Sri Lanka in Frankfurt.
Seafood Expo Global 2020 & Seafood Processing Global, the world’s largest seafood trade event, is held from April 21 to 23, 2020 at Brussels, Belgium.
The international pet industry’s leading exhibition, Interzoo 2020, is held from May 19 -22, 2020 at the Exhibition Centre in Nuremberg, Germany.
Industry stakeholders to obtain Geographical Indication (GI) for “Ceylon cinnamon" in the European Union (EU) covering five districts, namely, Galle, Matara, Kaluthara, Rathnapura and Hambanthota. We wish to extend a cordial invitation to cinnamon industry stakeholders including growers, manufacturers, traders and exporters in Galle, Matara, Kaluthara, Rathnapura and Hambanthota districts and cinnamon products originated from said districts to register with the GI Association and actively participate in the establishment & implementation of the Ceylon Cinnamon GI Association.