The commendable performance of Sri Lankan exporters and the resilience shown during an unprecedented COVID 19 pandemic is to be rewarded by the Sri Lanka Export Development Board, of the Ministry of Trade, through a proposed export stimulus Reward Scheme.
The first meeting of the Export Development Council (EDC) was held yesterday under the patronage of President Gotabaya Rajapaksa, focused on resolving issues related to exports in tandem with the National Export Strategy (NES) to be a game-changer in the post-COVID-19 economic transformation of Sri Lanka.
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.
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).
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.