Sri Lanka's Apex Organisation for Export Promotion
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.
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.
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
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.
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.
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.
2019-01-16/ http://www.ft.lk/propertyconstruction/Sripalie-recognised-at-CIDA-2018-Awards/10516-671426
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.
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.
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.
Following is the address by Minister Malik Samarawickrama at the Presidential Export Awardson 18 September
A group of UK Parliamentarians headed by MP Ranil Jayawardena visited EDB recently and discussed the current trade scenario as well as the future potential......
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
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.
2017-10-25/ http://www.ft.lk/top-story/World-Export-Development-Forum-kicks-off-in-Hungary-today/26-642182
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’.
Sri Lanka's Minister of Fisheries and Aquatic Resources Development Mahinda Amaraweera says the locally manufactured boats currently has a high demand in the international market.
According to the Minister, during the past years, Sri Lanka has earned a massive amount of foreign exchange from exportation of boats and vessels. In 2014, Sri Lanka earned Rs. 11.48 billion and Rs. 11.2 billion in 2015 from the vessel exports.
With a large section of Sri Lanka’s tourism being beach-based, the industry in the island nation requires pleasure sail boats and boats for sea excursions for whale/dolphin watching, leisure fishing, snorkelling, scuba diving, etc. This was highlighted at a session held last week to announce the Boat Show & Fisheries Exhibition Sri Lanka 2016 scheduled to take place from October 13 to 15 at the Dickowita Fishery Harbour, Colombo.
It was also noted that Sri Lanka has a coastal shore-line of 1,340kms and a large inland water mass consisting of lagoons, lakes, reservoirs etc. There are 13 major fishery harbours, 15 anchorages and 1,053 landing sites on the coastal belt. However, the full potential of the ocean is yet to be utilized and ideal water front lands for development of marinas and boat yards are available around the island.
Colombo’s latest international boat show, which featured an on-water boat display for the first time, concluded successfully after a three-day run on 12 October.
“We have been talking about five hubs. Today there are two major milestones taking place at this event – the promotion of the maritime hub as well as our tourism,” said EDB Chairman and CEO Bandula Egodage, addressing the inauguration event of Boatshow 2014 on 10 October at Dickowita Harbour, Wattala.
South Asia’s premier boat show and fisheries exhibition, ‘Boat Show 2014’ organized by Boat Building Technology Improvement Institute (BTI), Sri Lanka Export Development Board and Lanka Exhibition and Conference Services will take centre stage from October 10-12, 2014 at the Dickowita Fisheries Harbour under the theme ‘Promotion of Leisure Boating in Sri Lanka’.
The main objective of the event is to attract buyers from all corners of the globe, while positioning Sri Lanka as the hub for the industry in South Asia and to develop a forum between buyers and sellers to facilitate industry growth.
Sri Lanka's boatbuilding capability for international markets will be further showcased when the Boat Show and Fisheries Exhibition 2014 will be held at the Dickowita Fisheries Harbour from 10-12 October.
Also coinciding with this event will be the International Council of Marine Industry Associations (ICOMIA) regional parley, which will be held at the Pegasus Reef Hotel, also from 10-12 October. Both events will be hosted by the Sri Lanka Export Development Board (SLEDB) in collaboration with the Boat Building Technology Improvement Institute (BTI) and the Building A Future (BAF) Foundation.
