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Port City Colombo - Transforming South Asia’s Economic Landscape

2023-12-01

Port City Colombo - Transforming South Asia’s Economic Landscape

Colombo Port City Special Economic Zone (SEZ) positioned as an extension of Colombo’s existing Central Business District is a 269 Ha land reclamation project in the heart of South Asia. This mega development is a testament to Sri Lanka's commitment to becoming a global economic hub. The SEZ designation brings a myriad of benefits, making it an attractive destination for businesses and investors alike.

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People’s Bank partners with EDB as Platinum Sponsor for ‘Presidential Export Awards - 2023’

2023-10-31

People’s Bank partners with EDB as Platinum Sponsor for ‘Presidential Export Awards - 2023’

In a significant move underscoring their dedication to promoting excellence in exports, People's Bank has partnered with the Sri Lanka Export Development Board (EDB) as the Platinum Sponsor for the prestigious ‘Presidential Export Awards 2023.’ The collaboration was formally sealed when Mr. Sujeewa Rajapaksa, Chairman of People's Bank, symbolically presented the patronage cheque to Dr. Kingsley Bernard, Chairman/ CEO of Export Development Board, at the headquarters of People's Bank on the 27th of October 2023.

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Sri Lanka's Export Performance in August 2023

2023-09-26

Sri Lanka's Export Performance in August 2023

Sri Lanka’s merchandise exports increased by 6.98 % to US$ 1,091.6 Million in August 2023 compared to July 2023 as per the provisional data released by the Sri Lanka Customs. However, it is a 10.91 % decrease when compared to the value recorded in August 2022.

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Sri Lanka's Export Performance in July 2023

2023-08-29

Sri Lanka's Export Performance in July 2023

Sri Lanka’s merchandise exports increased by 2.18 % to US$ 1,027.2 Million in July 2023 compared to June 2023 as per the provisional data released by the Sri Lanka Customs. However, it is a 11.79 % decrease when compared to the value recorded in July 2022.

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EDB: Contributing towards Sri Lanka’s economic development for 44 years

2023-08-01

EDB: Contributing towards Sri Lanka’s economic development for 44 years

The 1st of August, 2023, marks the 44th anniversary of the Sri Lanka Export Development Board (EDB). The EDB was established in 1979 with the objective of establishing a strong government-level institutional framework to develop and promote Sri Lanka’s exports in order to integrate with the global economy consequent to the adoption of liberal economic policies in 1977, and it has been at the vanguard in terms of promoting and developing exports in Sri Lanka for over four decades.

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Sri Lanka's Export Performance in May 2023

2023-06-29

Sri Lanka's Export Performance in May 2023

Sri Lanka’s merchandise exports increased by 16.6 % to US$ 989.7 Million in May 2023 compared to April 2023. However, it is a 5.59 % decrease when compared to May 2022.

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Applications are now open for 25th Presidential Export Awards

2023-06-27

Applications are now open for 25th Presidential Export Awards

The Sri Lanka Export Development Board (EDB) is pleased to announce that the 25th Presidential Export Awards (PEA) Ceremony will be held on Thursday, 23rd November 2023 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of the President of the Democratic Socialist Republic of Sri Lanka, Hon. Ranil Wickremesinghe.

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EDB Open Day guides innovative entrepreneurs to enter export market

2023-06-16

EDB Open Day guides innovative entrepreneurs to enter export market

The Sri Lanka Export Development Board (EDB) successfully organized the inaugural "EDB Open Day" program, aimed at providing guidance to innovative entrepreneurs and encourage their participation in the export sector. Held on 15th June at the EDB premises, the event garnered a tremendous response with over a thousand budding entrepreneurs from across the island in attendance. Notably, the program witnessed a significant participation of young individuals who were passionate in exploring opportunities in the export market.

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EDB Open Day on 15th June 2023

2023-05-31

EDB Open Day on 15th June 2023

The Sri Lanka Export Development Board (EDB) is excited to announce the upcoming "EDB Open Day" event - a one-day program – which will take place on Thursday, 15th June, 2023, from 9:30 am to 4:30 pm at the EDB, No 42, Nawam Mawatha, Colombo 02. The event will provide a valuable platform for potential exporters, small and medium-scale entrepreneurs, Start-ups and innovative thinkers to explore the opportunities in the export field and know the services offered by the EDB.

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Sri Lanka's Export Performance in April 2023

2023-05-26

Sri Lanka's Export Performance in April 2023

Sri Lanka’s merchandise exports decreased by 16.15 % to US$ 814.1 Million in April 2023 compared to April 2022. Moreover, it is a 0.5 % decrease when compared to April 2021.

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Sri Lanka's Export Performance in March 2023

2023-05-04

Sri Lanka's Export Performance in March 2023

Sri Lanka’s merchandise exports decreased by 1.96 % to US$ 1,037.5 Million in March 2023 compared to March 2022. Moreover, it is a 5.14 % decrease when compared to March 2021. Less demand created for major products in major markets due to the current economic situation further continues.

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UNIDO, AHK Sri Lanka & EDB organized an awareness programme on GSCDDA

2023-04-27

UNIDO, AHK Sri Lanka & EDB organized an awareness programme on GSCDDA

United Nations Industrial Development Organization (UNIDO) and the Delegation of German Industry and Commerce (AHK Sri Lanka) together with the Sri Lanka Export Development Board (EDB) organized an awareness program for Sri Lankan exporters in preparation for the forthcoming German Act on Corporate Due Diligence in Supply Chains that came into force in Germany from 1st January 2023. The initiative aimed to increase awareness regarding the new law in Germany, and outline the challenges and opportunities for Sri Lankan Export Industries.

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New EDB Chief targets $ 31 bn exports by 2027

2023-04-21

New EDB Chief targets $ 31 bn exports by 2027

Export Development Board of Sri Lanka (EDB) new Chairman Dr. Kingsley Bernard yesterday revealed plans to achieve $ 31.3 billion target by 2027 thereby heralding much-needed dollar earnings to overcome the prolonged foreign exchange dearth and stabilise the economy.

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Veteran Export Professional Dr. Kingsley Bernard assumes EDB Chairmanship

2023-04-03

Veteran Export Professional Dr. Kingsley Bernard assumes EDB Chairmanship

Veteran Export Professional Dr. Kingsley Bernard assumed Chairmanship of the Sri Lanka Export Development Board (EDB) on 3rd April 2023.

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Sri Lanka's Export Performance in February 2023

2023-03-24

Sri Lanka's Export Performance in February 2023

Sri Lanka’s merchandise exports decreased by 8.06 % to US$ 1,005.2 Million in February 2023 compared to February 2022 as per the data released by the Sri Lanka Customs. However, it is a 5.62% increase when compared to February 2021.

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Merchandize exports record one billion dollars in January 2023

2023-03-03

Merchandize exports record one billion dollars in January 2023

Sri Lanka’s merchandise exports decreased by 8.98 % to US$ 1,001.9 Million in January 2023 compared to January 2022 as per the data released by the Sri Lanka Customs. However, it is a 6.97% increase when compared to January 2021

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EDB organizes B2B Meeting between Sri Lankan Exporters and Russian  Business Delegates

2023-02-01

EDB organizes B2B Meeting between Sri Lankan Exporters and Russian Business Delegates

A high-level business Delegation from the Sverdlovsk Regional Government of Russian Federation visited Sri Lanka for a three-day programme from 23rd to 26th January 2023. Mr. Vladimir Smirnov, Honorary Consul of Sri Lanka in Sverdlovsk Region led the Business delegation which included prominent business leaders from the Region.

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Merchandize exports reached US$ 13 Bn in 2022

2023-01-31

Merchandize exports reached US$ 13 Bn in 2022

Earnings from the merchandise exports decreased by 9.7 % y-o-y to US$ 1,044 Mn in December 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the decrease in export earnings from Apparel & Textiles, Tea, Rubber based Products, and Coconut based Products, Food & Beverages, Spices & Essential Oils and Fisheries products.

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EDB launches Export Performance Indicators 2021

2023-01-25

EDB launches Export Performance Indicators 2021

Sri Lanka Export Development Board presents its flagship statistical publication “Export Performance Indicators 2021”.  The latest edition provides statistical information related to Sri Lanka’s external trade and its contribution to major economic indicators such as trade balance, GDP and individual sectoral involvement for the year 2021 and five preceding years.

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Sri Lankan participation at the Viet Nam Expo for the first time

2022-12-14

Sri Lankan participation at the Viet Nam Expo for the first time

Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in Vietnam arranged the first-ever participation of Sri Lankan businesses at the 20th edition of Viet Nam Expo, which was held from 1st to 3rd December 2022 at Sai Gon Exhibition & Convention Center (SECC) in Ho Chi Minh City.

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