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Accelerating Global Growth Through Sri Lankan Ingenuity

2019-05-21

Accelerating Global Growth Through Sri Lankan Ingenuity

Sri Lanka is home to a rapidly growing ICT/ BPM industry that thrives on innovation, tech development, and high-end service standards. Rather than going on the path of competing with other developing countries for headcount based outsourced businesses, Sri Lanka focused on developing a niche and specialized talent base carving out a competitive position for high-end product & service development and knowledge services.

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UAE, Sri Lanka discuss Expo Dubai 2020

2019-05-17/ Source at: Daily FT

UAE, Sri Lanka discuss Expo Dubai 2020

Transforming Sri Lanka into the hub of the Indian Ocean, with a knowledge-based, highly competitive and social-market economyis the objective of the Vision 2025 policy document of the Government.Making the transistion to anexport, FDI and tourism orientedcountry is the only optionfor Sri Lanka to create better jobs for the youth of our country and to graduate to a higher income economy.

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SLEDB’s Sri Lankan ICT/BPM delegation at Japan IT Week 2019

2019-05-15

SLEDB’s Sri Lankan ICT/BPM delegation at Japan IT Week 2019

A top level Sri Lankan ICT/BPM delegation organised by the Export Development Board successfully participated at the Japan IT Week 2019 from 8 to 10 May.

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Sri Lanka's Top Exporters & Investors are discussing the current status of the Country

2019-05-09

Sri Lanka's Top Exporters & Investors are discussing the current status of the Country

As per the instructions of the Hon. Malik Samarawickrama, Minister of Development Strategies and International Trade, Export Development Board organized a meeting with the key Exporters and Investors on Friday 03rd May 2019 at the 3rd Floor Auditorium to discuss the current situation of the country.

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NES market diversification business mission to Central Europe

2019-05-06

NES market diversification business mission to Central Europe

Sri Lanka’s share in the global export market and the contribution of exports to the national GDP has been in decline whereas imports to the country is in the increase. Further exports are dependent on imported inputs therefore, it is noted that the gap between export and import has been continuously increasing.

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Hambantota Int’l Port signs terminal service agreements with top players in shipping industry

2019-05-06/ Source at: Daily FT

Hambantota Int’l Port signs terminal service agreements with top players in shipping industry

Vehicle Carrier, Glovis Sun sailing under the Marshall Islands flag, helped the Hambantota International Port (HIP) to reach its highest discharge volumes to date, when 5,000 transshipment units were discharged in record time last month. The discharge operation was completed 22 hours prior to the expected time and the vessel was able to depart well before schedule the following day.

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EFL 3PL looks towards Bots and RPA to stay ahead of the logistics game

2019-05-06/ Source at: Daily FT

EFL 3PL looks towards Bots and RPA to stay ahead of the logistics game

Global logistics service provider, Expolanka Freight Ltd. (EFL), has announced that it has implemented its first wave of transformative Robotic Process Automation (RPA) across all its distribution centres and Freeport to support day-to-day operations, making it the first 3PL to have achieved this in Sri Lanka. Through this move to automate repetitive processes across its portfolio, the country’s most dynamic supply chain services vendor has further strengthened its position at the cutting edge of logistics innovation, adding even greater value to its business offering.

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Sri Lanka participated in the Arabian Travel Market

2019-05-05/ http://www.sundayobserver.lk/2019/05/05/business/let%E2%80%99s-work-together-against-global-terrorism-tourism-promotion-bureau-chief

Sri Lanka participated in the Arabian Travel Market

Sri Lanka participated in the Arabian Travel Market (ATM 2019), the largest annual professional and official exhibition for the Tourism market in the Middle East last week.

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“Tourism industry will regain lost ground”

2019-05-05/ http://www.sundayobserver.lk/2019/05/05/business/%E2%80%9Ctourism-industry-will-regain-lost-ground%E2%80%9D

“Tourism industry will regain lost ground”

The tourism industry which suffered economic losses due to the Easter Sunday attacks, looks forward to regain its lost position sooner than expected with the support of the Government.

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Lanka Start-up Ecosystem investor forum in Sydney

2019-04-30/ http://www.ft.lk/it-telecom-tech/Lanka-Start-up-Ecosystem-investor-forum-in-Sydney/50-677419

Lanka Start-up Ecosystem investor forum in Sydney

Consulate General of Sri Lanka in Sydney along with BOV Capital, Colombo and Grant Thornton, Sydney organised an investor forum showcasing the Start-up Ecosystem in Sri Lanka on Wednesday 17 April. Over 50 entrepreneurs who are keen to understand and look at investment potential in the Lankan Start up Ecosystem participated in the investor forum and the business networking.

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SLT and AsiaInfo International sign MoU

2019-04-27/ http://www.ft.lk/business/SLT-and-AsiaInfo-International-sign-MoU/34-677109

SLT and AsiaInfo International sign MoU

Sri Lanka Telecom (SLT), the national ICT solutions provider, entered into a partnership with AsiaInfo International Ltd., a leading IT solutions and service integrator in the global communications industry, to introduce digital products and solutions to the Sri Lankan market.

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Nine Sri Lankan ICT/BPM Companies to Showcase Offerings and Accelerate Export Opportunities at Japan IT Week 2019

2019-04-25

Nine Sri Lankan ICT/BPM Companies to Showcase Offerings and Accelerate Export Opportunities at Japan IT Week 2019

Japan IT Week is one of the world’s leading ICT/BPM-focused exhibitions and provides a myriad of opportunities for professionals, vendors, service providers and customers to meet exhibitors from across the world and develop profitable business relationships. Japan has a strong track record of innovation, making Japan IT Week the ideal platform for Sri Lankan companies to showcase their offerings, establish business relations and expand their footprint in the continent.

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Detrimental effects of upward revision of SLPA Tariff – Country’s export targets could be badly hit!!!

2019-04-18/ Source at: Daily FT

Detrimental effects of upward revision of SLPA Tariff – Country’s export targets could be badly hit!!!

Initiative of upward tariff revision by the SLPA has become a controversial matter raising many concerns of exporters/importers during tough times where Sri Lanka is trying to find their position back in the world map as a competitive exporter. However, the SLPA seems adamant to go-ahead with this implementation disregarding the concerns raised by the industry sources revealed. Though the players who are engaged in the international trade continuously insisted that, rates remain unchanged, it is unfortunate that the Authorities are still trying to act in favor of the upward revision.

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South Asia’s First LIVE 5G Showcase Demonstrates Future of 5G

2019-04-12/ http://www.ft.lk/it-telecom-tech/South-Asia-s-First-LIVE-5G-Showcase-by-Dialog-Demonstrates-Future-of-5G/50-676391

South Asia’s First LIVE 5G Showcase Demonstrates Future of 5G

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, demonstrated industrial applications of 5G at their live 5G showcase at Dialog Iconic. The showcase was launched on the 2nd of April in the presence of Minister of Telecommunication, Foreign Employment and Sports, Harin Fernando, Minister of Digital Infrastructure and Information Technology, Ajith P. Perera and the High Commissioner of Malaysia to Sri Lanka Tan Yang Thai.

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Oceanpick first in South Asia to earn BAP certification for offshore farming

2019-04-10/ http://www.ft.lk/business/Oceanpick-first-in-South-Asia-to-earn-BAP-certification--for-offshore-farming/34-675338

Oceanpick first in South Asia to earn BAP certification for offshore farming

Sustainable oceanic fish farm Oceanpick Ltd. has been awarded the Best Aquaculture Practices (BAP) certification, making Sri Lanka a pioneer in South Asia - and only the 34th country in the world - with a BAP-certified facility.

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Sanken catapults Sri Lanka’s premium property market to international status

2019-04-10/ http://www.ft.lk/propertyconstruction/Sanken-catapults-Sri-Lanka-s-premium-property-market-to-international-status/10516-676295

Sanken catapults Sri Lanka’s premium property market to international status

Capitol TwinPeaks, the flagship residential venture of the Sanken Group, located on the Beira lakefront in Colombo 2, showcased its premium project at the SMART Investment & International Property Expo in Singapore, on 30 and 31 March.

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Sri Lanka Export Development Board successfully concluded the 18th Exporters Forum

2019-04-04

Sri Lanka Export Development Board successfully concluded the 18th Exporters Forum

The 18th Exporters Forum Chaired by Hon. Nalin Bandara, Deputy Minister of Development Strategies and International Trade was held on 3rd April, 2019 at the EDB Auditorium.

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EDB expertise on R&D and innovation start-ups to champion enterprise development

2019-04-03

EDB expertise on R&D and innovation start-ups to champion enterprise development

Sri Lanka Export Development Board (EDB) together with the Singapore Cooperation Enterprise (SCE) commenced a series of programmes comprising workshops, seminars, etc. to enhance the capacity of selected Government Officials focussing on improving exports through innovation, research and development.

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BuildEx Maldives in August

2019-04-03/ http://www.ft.lk/propertyconstruction/BuildEx-Maldives-in-August/10516-675780

BuildEx Maldives in August

The Maldives National Association of Construction Industry along with Lanka Exhibition & Conference Services Ltd. is proud to present Buildex Maldives 2019, to be held on 22, 23 and 24 August in Malé.

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Promote Sri Lanka SME’s at the World’s Largest Food innovation Exhibition –SIAL France under the national pavilion organized by the EDB

2019-03-27

Promote Sri Lanka SME’s at the World’s Largest Food innovation Exhibition –SIAL France under the national pavilion organized by the EDB

The EDB is implementing a national programme to nurture 2000 new entrepreneurs to become exporters during the period 2017 - 2022 at regional level. The main objective of this programme is to encourage domestic enterprises to invest in export industries to achieve the overall export target of US $ 28 billion in 2022. Simultaneously new entrants have gained opportunities in the international marketing experience.

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