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E-commerce Readiness Assessment Report Sri Lanka launched

2020-09-22

E-commerce Readiness Assessment Report Sri Lanka launched

E-commerce Readiness Assessment Report Sri Lanka was launched by the Commonwealth Secretariat (COMSEC) in collaboration with the Sri Lanka Export Development Board (EDB). The report is the result of a request by the EDB in 2018 for technical assistance from COMSEC to conduct an e-readiness assessment for Sri Lanka and undertake capacity-building programmes on e-commerce for SMEs and women entrepreneurs. The project was funded by COMSEC through the Commonwealth Fund for Technical Cooperation (CFTC). The publication comes at a time when businesses in Sri Lanka were compelled to exploit e-commerce mechanisms in the wake of lockdowns and travel restrictions due to COVID-19.

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GPV Lanka wins Gold Award at Taiki Akimoto 5S Awards

2020-09-19

GPV Lanka wins Gold Award at Taiki Akimoto 5S Awards

GPV Lanka (Pvt.) Ltd won the TAIKI AKIMOTO 5S Gold Award 2019 under the large category presented by Japanese Sri Lanka Technical and Cultural Association (JASTECA).

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Exports a near billion dollars for the 3rd consecutive month in a row - Export Performance in August 2020

2020-09-14

Exports a near billion dollars for the 3rd consecutive month in a row - Export Performance in August 2020

Sri Lanka’s exports during the month of August 2020 recorded a downfall of 19.2% to US$ 947.7 Mn as compared to the value of US$ 1,033.3 Mn recorded same month of last year.

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The Road to Measuring Sri Lanka's Logistics Economic Footprint

2020-08-27

The Road to Measuring Sri Lanka's Logistics Economic Footprint

Against a transformative and competitive regional backdrop, Sri Lanka aspires to become South Asia’s logistics hub. The leading impetus to this ambitious vision is Sri Lanka’s National Export Strategy (NES); and its prominence to the logistics industry. Directly employing roughly over 50,000 people industry-wide, the sector has an ambitious vision to grow from a traditional transshipment hub to a regional logistics center. Recognized as one of the fastest-growing transshipment hubs in the world, Sri Lanka offers a unique package of innovative multi-modal logistics services.

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The V shape recovery of Exports further up in July

2020-08-14

The V shape recovery of Exports further up in July

Sri Lanka’s exports have surpassed the $ 1 billion mark in July after six months time period where a similar achievement was only recorded in January during this year.

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Webinar on Exploring the Pakistan Tea Market for Ceylon Tea

2020-08-12

Webinar on Exploring the Pakistan Tea Market for Ceylon Tea

A webinar was held between the Sri Lanka High Commission and some tea importers in Pakistan on the 14th of July 2020 to exploit the market for Sri Lanka. The following observations were emphasized during the webinar;

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Important China News

2020-08-11

Important China News

Summary Article prepared by Consulate General of Sri Lanka on Important China news in major Chinese newspapers from 17.06.2020 - 16.07.2020

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New Director General Appointed to the Export Development Board

2020-08-09

New Director General Appointed to the Export Development Board

Miss. Chitranjali Dissanayake has been appointed as the Director General (DG) of Sri Lanka Export Development Board (EDB) with effect from 4th August 2020.

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Wellness webinar series enlightens stakeholders to the potential of the sector

2020-07-28

Wellness webinar series enlightens stakeholders to the potential of the sector

Bringing the best of Wellness Tourism to a domestic audience, the Sri Lanka Wellness Tourism Association (SLWTA) and the Export Development Board (EDB) concluded its third and final webinar of a tri-part series – Wellness: A New Paradigm in Sri Lankan Tourism, recently. Culminating with its final session on 10 July, a panel of high-profile industry experts comprising of Prof. Lal Chandrasena, GM, Nawaloka Hospitals; Dr. Lakith Peiris, MD, Hemas Hospitals; Dr. Shantha Godagama, President, UK Ayurvedic Medical Association; Dr. Palitha Serasinghe, Founder and Chairman of Setramed UK; Shalin Balasuriya, Co-Founder of SPA Ceylon; shared several exceptional insights, with Trevor Reckerman, Chairman, SLWTA summarising how Sri Lanka can position itself in the global wellness industry, through a well structured national action plan.

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EDB licenses ‘Ceylon Spices’ trademark to preserve originality

2020-07-27

EDB licenses ‘Ceylon Spices’ trademark to preserve originality

To strengthen quality and preserve originality, the Export Development Board (EDB) has kicked-off licencing of ‘Ceylon Spices’ trademark for qualifying producers, processors and exporters of cinnamon, pepper, clove, nutmeg and mace as well as cardamom.

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EDB’s pioneering initiatives to develop the Wellness Tourism industry

2020-07-22

EDB’s pioneering initiatives to develop the Wellness Tourism industry

Sri Lanka’s Wellness Tourism industry received a new impetus when the Sri Lanka Export Development Board (EDB) recognized Wellness Tourism as a thrust sector under the National Export Strategy (NES) 2018-22, as the island has natural and traditional endowments that can be used to develop a sustainable Wellness Tourism industry. Ever since then, the EDB has undertaken ground-breaking initiatives to make Wellness Tourism one of the top income earners of the country.

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EDB webinar on market opportunities in Germany and Europe for electronic and electrical exporters

2020-07-20

EDB webinar on market opportunities in Germany and Europe for electronic and electrical exporters

The Sri Lanka Export Development Board (EDB), with the assistance of the Embassy of Sri Lanka in Germany and the Ministry of Foreign Relations, organised a free webinar on 15 July, on matchmaking and market entry opportunities available for Sri Lankan electronic and electrical sector exporters.

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The bounce is back - Export Performance June 2020

2020-07-18

The bounce is back - Export Performance June 2020

Earnings from merchandise exports rebounded in June 2020 to US $ 906.02 Mn as per the Customs statistics, with the export sector progressively commencing actions following the relaxation of lockdown measures and the recovery of both domestic and global supply and demand chains to some extent.

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National Export Strategy for a prompt COVID-19 recovery

2020-07-17

National Export Strategy for a prompt COVID-19 recovery

The world economy is in partial paralysis. The COVID-19 ripple effect is more than just a recession, it’s causing a global economic shutdown. The virus that initially triggered a supply and demand shock in China spread throughout the world creating shocks that amplified the impact; not just in the flows of trade and tourists, but also in global financial markets...........

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Spa Ceylon crosses 100 stores globally

2020-07-09

Spa Ceylon crosses 100 stores globally

Spa Ceylon has reaffirmed its position as the world’s largest luxury Ayurveda chain, with their 100th store recently opening in Lisbon, Portugal, followed by the 101st in Warsaw, Poland and 102nd in Bratislava, Slovakia.

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The New Paradigm in Sri Lanka Tourism: Exploring the untapped potential of Sri Lanka’s wellness sector

2020-07-07

The New Paradigm in Sri Lanka Tourism: Exploring the untapped potential of Sri Lanka’s wellness sector

An esteemed panel of local and international experts from the wellness tourism industry have agreed that Sri Lanka has all the necessary attributes to become a leading global wellness player. The comments were made during the first session of a three-part webinar series, held on 3rd July, highlighting the untapped potential of Sri Lanka’s wellness tourism sector.

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EDB steps up efforts to preserve Ceylon Cinnamon

2020-07-03

EDB steps up efforts to preserve Ceylon Cinnamon

The Export Development Board (EDB) is stepping up efforts to further preserve Ceylon Cinnamon, with plans to establish an Internal Control Mechanism.

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EDB steps up support for organic exports

2020-07-02

EDB steps up support for organic exports

The Export Development Board (EDB) has stepped up its support for organic exports, initiating a funding scheme for growers and processors.

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Despite COVID 19 pandemic Sri Lanka’s global image rose phenomenally

2020-06-23

Despite COVID 19 pandemic Sri Lanka’s global image rose phenomenally

Sri Lanka Export Development Board’s Director of the Export Agriculture Division Malani Baddegamage in an interview with Daily News Finance yesterday, stressed that Sri Lanka’s global image rose phenomenally following the outbreak of COVID 19 as buyers were convinced with the manner that the Government controlled the spread of global pandemic.

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Export Performance – May 2020

2020-06-22

Export Performance – May 2020

Merchandise exports for the month of May 2020 has bounced back to US$ 602 Mn, compared to the previous month of April which was only US $ 277 Mn according to the customs provisional statistics.

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