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Enhancing Capabilities of the Footwear Industry to Maximize benefits under International Trading Arrangements

2018-12-27/ www.ft.lk/business/Enhancing-capabilities-of-footwear-industry-to-maximise-benefits-under-int-l-trading-arrangements/34-669602

Enhancing Capabilities of the Footwear Industry to Maximize benefits under International Trading Arrangements

The Footwear and Leather sector has been identified as a potential sector by way of creating employment opportunities and earning and saving foreign exchange earnings. Since the local market is limited, exports are essential for the sustainability of the industry. This industry clearly has a significant potential for being a key contributor to the economy of the country, if empowered by appropriate support and guidance. At Present the footwear and Leather industry and its supporting industries including marketing chain employs around 250,000 people directly and indirectly. Sri Lanka’s exports of this sector was US$ 131.38 million and exports to EU was US$ 38.52 million in 2017.

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CICT to enhance Colombo Port’s deep water capacity by March 2019

2018-12-14/ http://www.ft.lk/front-page/CICT-to-enhance-Colombo-Port-s-deep-water-capacity-by-March-2019/44-668867

CICT to enhance Colombo Port’s deep water capacity by March 2019

Colombo International Container Terminals (CICT) yesterday announced a significant equipment addition that will enhance the terminal’s deep water capacity and make Colombo one of the few ports in Asia capable of handling vessels of 22,000 + TEUs. The Company said the enhancement encompasses the addition of two new mega Quay Gantry Cranes (QGCs), six new Rubber-tyred Gantry Cranes (RTGs) and 12 Prime Movers, and is planned for completion by March 2019. CICT’s existing QGCs are the biggest gantry cranes in the Indian Subcontinent region, and the addition of two even larger twin-lift QGCs from Zhenhua Port Machinery Company (ZPMC), a global leader in quayside container cranes, will further strengthen the Port of Colombo’s hub status, the Company said.

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Sri  Lanka to tap all energy sources for power generation

2018-12-13

Sri Lanka to tap all energy sources for power generation

Sri Lanka is working towards deriving maximum power generation from all spectrums of energy sources while minimizing the environmental impact it will cause. “It is important to tap all the power resources to generate the necessary supply and we are considerate of the environmental impact in doing so. Therefore, measures will be taken to mitigate the impact on the environment,” While the government is keen on working towards 100 percent electrification of households in the country, it has provided electricity to all the households requesting power.

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EDB held an ornamental plant production program for export

2018-12-06

EDB held an ornamental plant production program for export

Sri Lanka Export Development Board in collaboration with National Plant Quarantine Service (NPQS), Department of National Botanic Gardens (DNBG) and Sri Lanka floriculture industry experts organized a full day workshop on production of ornamental plants. The workshop was held on 4th December 2018 at the EDB auditorium.

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EDB organized an Inward Buyer Delegation from Japan

2018-12-05

EDB organized an Inward Buyer Delegation from Japan

The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in Japan organized an Inward Buyer Delegation from Japan, from 3rd to 5th December 2018 with the objective of developing business linkages between Sri Lankan companies and the Japanese buyers as well as to increase awareness among Sri Lankan exporters on the Japanese market.

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Technical transfer program for coir-based manufacturers in North Western and Southern provinces

2018-12-03/ http://www.ft.lk/business/Technical-transfer-program-for-coir-based-manufacturers-in-North-Western-and-Southern-provinces/34-668043

Technical transfer program for coir-based manufacturers in North Western and Southern provinces

The EDB’s Regional Development Division successfully concluded a Technical transfer program for coir-based manufacturers in the North Western Province (NWP) & Southern Province (SP) from 19-29 November under the ‘2000 Exporters Development Program’.

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