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Exports grow 11.4% in first half of 2019

2019-07-24/ Source at: Daily FT

Exports grow 11.4% in first half of 2019

Despite global and local challenges, Sri Lanka’s merchandised and service exports have risen by 11.4% to $ 8.5 billion in the first half of this year, prompting the Government to attribute it to a series of development efforts and assure further support. Releasing the latest yet provisional data, Development Strategies and International Trade Minister Malik Samarawickrama said yesterday that export sector performance was commendable, though he admitted there is significant scope for higher value. “The 11.4% growth, despite the impact of the October 2018 undemocratic constitutional coup, and the Easter Sunday tragedy, as well as global challenges, is very satisfactory. For the first time, three months of first half of 2019 - January, March and June - have produced over $ 1 billion worth of merchandised exports. We had originally set an ambitious $ 20 billion target for 2019, but we may miss it and end up at around $ 18.5 billion, which will be still higher than the $ 16 billion achieved last year,” Samarawickrama said.

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EDB exporters’ forums provide relief to businesses

2019-07-12/ Source at: Daily FT

EDB exporters’ forums provide relief to businesses

The Sri Lanka Export Development Board (EDB) has been conducting the Exporters’ Forum since its inception from late 70s. The EDB has identified the need of a common platform to discuss and resolve the issues faced by the exporter community in Sri Lanka in order to facilitate exporters to overcome constraints arising from policy and operational issues created by various institutes that regulate, operate, and facilitate cross border trade. The EDB as the nation’s prime institute to facilitate export development created this mechanism to enable exporters to submit their issues to the highest levels of state institutions that cannot be reached easily by a trader. The unique feature of the Exporters’ Forum is the participation of the private sector and the public sector to resolve issues, with the political leadership represented by the relevant minister together with direct ministry-level interventions providing solutions to address those issues.

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Sri Lanka pavilion at 22nd International Architectural and Design Exhibition in Milano

2019-07-08/ http://www.ft.lk/propertyconstruction/Sri-Lanka-pavilion-at-22nd-International-Architectural-and-Design-Exhibition-in-Milano/10516-681555

Sri Lanka pavilion at 22nd International Architectural and Design Exhibition in Milano

A Sri Lanka Pavilion is in display at the 22nd International Architecture and Design Exhibition which is being held at the Museum of Modern Art at Triennale di Milano, in Milan, Italy. The theme of the exhibition is ‘Broken Nature: Design Takes on Human Survival’.

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23rd Presidential Export Awards Ceremony on 19 September

2019-06-19/ Source at: Daily FT

23rd Presidential Export Awards Ceremony on 19 September

The Sri Lanka Export Development Board (EDB) is planning to hold the 23rd Presidential Export Awards Ceremony under the patronage of President Maithripala Sirisena on 19 September at the BMICH

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A Remarkable Position among Construction Exhibition

2019-06-05

A Remarkable Position among Construction Exhibition

CONSTRUCTION EXPO 2019 will be the hub for all major players locally and internationally. It will provide a common platform for all industries that link with construction and will give the participants a chance to show case their products & services which cover all spheres related to the industry. It will be the meeting point for the Domestic and International products & technology suppliers to explore the potential in the Construction Industry in the South Asia Region.

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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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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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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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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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EDB to showcase Ceylon Spices in international market

2019-02-17/ Source at: Sunday Observer

EDB to showcase Ceylon Spices in international market

The National Export Strategy (NES) is progressing in the right direction. It has six focused areas and is expected to provide the impetus for the export drive supporting economic growth, Chairperson of the Export Development Board (EDB), Indira Malwatte said.

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Sripalie recognised at CIDA 2018 Awards

2019-01-16/ http://www.ft.lk/propertyconstruction/Sripalie-recognised-at-CIDA-2018-Awards/10516-671426

Sripalie recognised at CIDA 2018 Awards

Sripalie Contractors Ltd. is the proud recipient of a Merit Award at the National Construction Excellence Awards 2018, presented by the Construction Industry Development Authority (CIDA) for the year 2018. The award was given to Sripalie Contractors for the construction of the Apartment Buildings for Prime Homes Ltd. at Thalawathugoda.

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Merchandise and service exports up 15% to $ 17 billion in 2018

2019-01-04/ Source at: Daily FT

Merchandise and service exports up 15% to $ 17 billion in 2018

Sri Lanka’s merchandise and service exports in 2018 are estimated to have hit an all-time high of $ 17 billion, up 15% from a year earlier prompting the Government to be confident of achieving the $20 billion milestone this year.

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Sri  Lanka to tap all energy sources for power generation

2018-12-13

Sri Lanka to tap all energy sources for power generation

Sri Lanka is working towards deriving maximum power generation from all spectrums of energy sources while minimizing the environmental impact it will cause. “It is important to tap all the power resources to generate the necessary supply and we are considerate of the environmental impact in doing so. Therefore, measures will be taken to mitigate the impact on the environment,” While the government is keen on working towards 100 percent electrification of households in the country, it has provided electricity to all the households requesting power.

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Sri Lankan construction companies seek business opportunities in Ethiopia

2018-11-23/ http://www.ft.lk/propertyconstruction/Sri-Lankan-construction-companies-seek-business-opportunities-in-Ethiopia/10516-667380

Sri Lankan construction companies seek business opportunities in Ethiopia

A delegation from Major Constructors of Sri Lanka (MCSL) representing Sanken Overseas Ltd., Saw Engineering Ltd., Vee Power Ltd. and ELS Construction Ltd., had a business promotion mission in Ethiopia during the first week of November.

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SRI LANKA'S STRENGTH ON GREEN CONSTRUCTION

2018-11-13

SRI LANKA'S STRENGTH ON GREEN CONSTRUCTION

Construction is an industry that has a significant impact on environment, economic and social development. The need for greater environmental consideration in the context of sustainable development has been accepted by many governments, businesses, organizations and individuals. ........

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EDB Presents 22nd Presidential Export Awards

2018-09-21

EDB Presents 22nd Presidential Export Awards

The 22nd Presidential Export Awards Ceremony was held to celebrate the outstanding achievements of the Exporters at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo, on September 18, 2018, under the patronage of His Excellency Maithripala Sirisena the President of Sri Lanka.

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Minister Malik Samarawickrama calls for more exports – the way forward for Sri Lanka

2018-09-20/ Source at: Daily FT

Minister Malik Samarawickrama calls for more exports – the way forward for Sri Lanka

Following is the address by Minister Malik Samarawickrama at the Presidential Export Awardson 18 September 

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EDB participates in Intergovernmental Group of Experts on E-Commerce and the Digital Economy

2017-10-30/ http://www.ft.lk/it-telecom-tech/EDB-participates-in-Intergovernmental-Group-of-Experts-on-E-Commerce-and-the-Digital-Economy/50-642443

EDB participates in Intergovernmental Group of Experts on E-Commerce and the Digital Economy

Information and communications technologies (ICTs) are playing an increasingly important role in the implementation of the digitalisation of economic activities and trade which can support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalisation and growth of micro, small and medium-sized enterprises, including through access to ICT-enabled financial services.

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World Export Development Forum 2017 kicks off in Hungary today

2017-10-25/ http://www.ft.lk/top-story/World-Export-Development-Forum-kicks-off-in-Hungary-today/26-642182

World Export Development Forum 2017 kicks off in Hungary today

The 2017 edition of the annual World Export Development Forum (WEDF) kicks off today in Budapest, Hungary under the theme ‘Trade – A Force for Good: Include, Innovate, Integrate’.

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EDB to Groom 2,000 Entrepreneurs

2017-03-20

EDB to Groom 2,000 Entrepreneurs

The Export Development Board (EDB), the apex body for exports in the country, has embarked on a program to groom 2,000 entrepreneurs to enter the global export market which will result in many trickle down benefits to the economy.

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