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EDB Chief wants export boom to be everyone’s priority

2020-01-31

EDB Chief wants export boom to be everyone’s priority

Export Development Board (EDB) Chairman Prabhash Subasinghe yesterday urged that boosting exports must be everyone’s priority, as the key agency set an ambitious yet achievable target of $ 18.5 billion this year, up by 15% from 2019. EDB revealed that as per provisional data, last year Sri Lanka’s total merchandise and service exports amounted to $ 16.14 billion up by 1.44% from 2018. The composition was merchandise exports were $ 11.9 billion, up 0.13% and service exports were $ 4.2 billion, up by 5.3% from 2018. EDB originally targeted $ 18.5 billion exports for 2019, and the estimated performance reflects achievement of 87% of the goal.

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EDB Chief Assures Support to Industry Heads to Develop Sri Lanka as South Asia’s Logistics Hub

2020-01-31

EDB Chief Assures Support to Industry Heads to Develop Sri Lanka as South Asia’s Logistics Hub

Prabhash Subasinghe, Chairman EDB had a discussion with the leading public and private stakeholders of the country’s logistics sector last Tuesday (29th January) at the EDB as part of the series of initial meetings he had launched with the various industry sectors since assuming office.

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EDB Chairman, leading IT/software firms discuss ways to boost exports

2020-01-27

EDB Chairman, leading IT/software firms discuss ways to boost exports

EDB Chairman Prabhash Subasinghe had a discussion with the leaders of the country’s top IT/BPO/Software companies last week as part of a series of initial meetings he had launched with the various export sectors of the nation since assuming office last month.

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SOUTH ASIA’S FIRST ALL ELECTRIC SUPER CAR LEAVES SRI LANKA FOR GENEVA INTERNATIONAL MOTOR SHOW

2020-01-23

SOUTH ASIA’S FIRST ALL ELECTRIC SUPER CAR LEAVES SRI LANKA FOR GENEVA INTERNATIONAL MOTOR SHOW

Vega Innovations, a subsidiary of CodeGen International (Pvt) Ltd., creates history once again as the Vega EVX, Sri Lanka’s and South Asia’s first fully Electric Supercar is shipped out to Switzerland, to be unveiled at the 90th Geneva International Motor Show, 5-15 March 2020. The vehicle was shipped from the Colombo harbour on Sunday the 19th of January 2020 and will reach its destination in late February.

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International exposure for Sri Lankan boat manufacturers at ‘Boot Show’ – Dusseldorf, Germany

2020-01-22

International exposure for Sri Lankan boat manufacturers at ‘Boot Show’ – Dusseldorf, Germany

The delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) together with the Export Development Board (EDB) organised the first-ever Sri Lankan pavilion at the world’s leading boat exhibition ‘Boot Show’ in Dusseldorf, Germany.

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EDB Chairman meets country’s leading apparel exporters

2020-01-20

EDB Chairman meets country’s leading apparel exporters

Mr.Prabhash Subasinghe, the newly appointed Chairman of the Sri Lanka Export Development Board (EDB), met with the nation’s leading apparel exporters last Friday (17th) at the board premises.

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Measures to regulate wellness tourism sector in the pipeline

2020-01-19

Measures to regulate wellness tourism sector in the pipeline

The Sri Lanka Export Development Board (EDB), is working to generate more revenue, particularly foreign exchange through ayurvedic services by catering to niche markets which are growing fast. An emphasis on this sector has been placed in the National Export Strategy (NES) where wellness tourism is a major component.

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Merchandise exports top US$ 10.7 bn in first 11 months

2020-01-17

Merchandise exports top US$ 10.7 bn in first 11 months

The total value of merchandise exports of the country for first 11 months of 2019 was recorded at US$ 10.7 Bn according to the provisional statistics. This is a US$ 180 Mn increase in value and a 1.7% growth when compared to the similar period of the previous year.

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EDB's new Chairman meets leaders of top export sectors

2020-01-03

EDB's new Chairman meets leaders of top export sectors

Prabhash Subasinghe, Chairman & Chief Executive, EDB, met with the country’s leading exporters yesterday at the Board premises. Twenty-five exporters covering the country’s main export sectors attended this meeting.

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