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Sri Lanka Single Country Exhibition in Jordan garners attention

2020-03-06

Sri Lanka Single Country Exhibition in Jordan garners attention

The Embassy of Sri Lanka in partnership with the Sri Lanka Export Development Board organized a Familiarization tour of the Jordan market for a 13 member delegation of Sri Lankan entrepreneurs from 25 – 27 February to seek entry into the Jordanian market which has been hitherto largely untapped by Sri Lanka.

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Exporters must prepare for COVID-19 fallout: EDB chief

2020-03-05

Exporters must prepare for COVID-19 fallout: EDB chief

The Export Development Board (EDB) yesterday called on the private sector to plan and prepare for the novel coronavirus COVID-19 challenge, which has caused market and supply chain disruptions globally since February, and is threatening to impact trade.

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Lanka needs popularize boating as a lifestyle

2020-03-05

Lanka needs popularize boating as a lifestyle

Sri Lanka needs to popularize boating as a lifestyle to create awareness on the boating activities among the relevant stakeholders and more importantly to increase revenue in a big way, Sri Lanka Export Development Board (EDB), Director General Jeevani Siriwardena said.

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Business Networking Event and Market Familiarization Programme for the Sri Lankan Exporters in Egypt

2020-03-04

Business Networking Event and Market Familiarization Programme for the Sri Lankan Exporters in Egypt

Embassy of Sri Lanka in Egypt organized a business networking event, from 23 to 25 February 2020, with the participation of a 11-member delegation of Sri Lankan exporters, facilitated by the Sri Lanka Export Development Board, funded by the Ministry of Foreign Relations, under the Economic Diplomacy Programme. This event focused on promoting selected Sri Lankan products having a high demand in the Egypt markets namely; Ceylon Tea, Coconut Products, Rubber Products and Spices.

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Export Performance - January 2020 - EDB

2020-03-04

Export Performance - January 2020 - EDB

According to the latest customs provisional data the total exports from Sri Lanka in January 2020, recorded a marginal increase of 0.96% in comparison to the similar period of the previous year, due to the merchandise exports recording a drop of 7.41% and the projected growth of 26% of Service exports, The merchandise exports stood at US$ 961 Mn in January 2020, which is lesser than US$ 77 Mn, in January 2019. The figure for Service exports has not yet been released and the EDB has projected figures based on the past published records. It was revealed that only in the year 2019 the exports recorded over one billion in comparison to the figures of the last five years.

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EDB Chairman predicts a bright future for Sri Lanka’s fruit and vegetable exports

2020-03-02

EDB Chairman predicts a bright future for Sri Lanka’s fruit and vegetable exports

Prabhash Subasinghe, Chairman - EDB, predicted a bright future for Sri Lanka’s fruit and vegetable exporters, as the new government under the guidance of HE President Gotabaya Rajapaksa has placed a great emphasis to develop agriculture via advanced technologies. Subasinghe encouraged the fruit and vegetable exporters to exploit the opportunities from the new government’s people-centric economic development policies to generate a higher export income. He made these remarks during a meeting with the industry leaders last week at the EDB.

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EDB chief urges rubber exporters to achieve greater heights

2020-02-24

EDB chief urges rubber exporters to achieve greater heights

Prabhash Subasinghe, Chairman, EDB, urged rubber industry leaders to strive towards achieving greater heights in exports during his maiden discussion with the industry representatives last Wednesday (19th February 2020) since assuming office.

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EDB Establishes a Help Desk for Customers

2020-02-18

EDB Establishes a Help Desk for Customers

The Export Development Board has taken an initiative to enhance the efficiency and effectiveness of EDB Services delivering satisfaction to all customers.

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EDB Continues to Promote Sri Lanka ICT/BPM Products in Japan in 2020.

2020-02-17

EDB Continues to Promote Sri Lanka ICT/BPM Products in Japan in 2020.

If you looking for an opportunity to find business partners such as Cannon, Fujithsu, Hithachi in the Lucrative Japanese market? Or are you thinking on how to invade into the Japanese Market. If so, never to miss this opportunity. EDB is calling for the applications from the companies with the cutting edge technologies to join it’s delegation to Japan IT Week 2020 from 8th -10th April 2020.

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What is Ayurveda?

2020-02-14

What is Ayurveda?

In the last decade, there has been a seismic cultural shift towards natural medicines. And it seems more people than ever want to explore one of the most ancient and exotic of healing modalities – Ayurveda. Ayurvedic medicine is said to treat the body, mind and spirit of a person as a whole, and the basic principle is that you can fine tune your holistic health and happiness by balancing your three doshas, biological energies which govern all physical and mental processes, and provide an individual blueprint for health and fulfillment.

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Automobile Component Manufacturing Industry to link to the Global Value Chain

2020-02-13

Automobile Component Manufacturing Industry to link to the Global Value Chain

The global trading environment is evolving rapidly with numerous developments in global production networks and global value chains. These developments are a result of product fragmentation; cross boarder dispersion of components and production/assembly. Each country specializes in a particular stage of production sequence and trades the value added components which ultimately results in the final product.

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Export promotion efforts doubled by EDB in 2019

2020-02-13

Export promotion efforts doubled by EDB in 2019

Sri Lanka doubled its export promotion efforts last year in comparison to 2018, enabling the private sector, especially the small and medium segment, to succeed amidst growing competition and other challenges.

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EDB continues the marketing support for the Boat Building Sector

2020-02-12

EDB continues the marketing support for the Boat Building Sector

Sri Lanka has an advantage to become the hub for boat manufacturing in Asia Region due to its strategic location and availability of skills. The increasing demand for boats worldwide regional and local for fishing, industrial, commercial, and leisure purposes has opened up huge opportunities and new markets for Sri Lanka.

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EDB Chief Pledges Assistance to Revive Tea Exports

2020-02-05

EDB Chief Pledges Assistance to Revive Tea Exports

Prabhash Subasinghe, Chairman of the EDB, pledged to take innovative measures to reinvigorate the sagging fortunes of the nation’s tea exports during the initial meeting he had with the tea industry stakeholders since assuming office last December.

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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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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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New Chairman and Chief Executive of the EDB assumes duties

2019-12-20/ Daily FT

New Chairman and Chief Executive of the EDB assumes duties

Prabash Subasinghe, a well-known entrepreneur, assumed duties as the new Chairman of the Sri Lanka Export Development Board (EDB) yesterday (19th). He said that he was proud to be a Sri Lankan and intends to take every possible step to take Sri Lanka to the world. “I am quite honoured to take up this position because I have dedicated my entire life to take Sri Lanka to the world through my numerous business ventures. Now with this appointment, I get the opportunity to take the entire export sector of Sri Lanka to the world”, the newly appointed EDB Chairman remarked.

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EDB’s role in promoting Ayurveda services

2019-12-17/ Daily News

EDB’s role in promoting Ayurveda services

Sri Lanka Export Development Board (EDB), has identified the export value of the Sri Lankan Ayurveda services back in 2013 and facilitated the International Trade Centre (ITC) to carry out a Study on Sri Lankan Health Tourism industry.

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Sri Lankan exporters get insights to GCC product standards

2019-12-12/ Daily FT

Sri Lankan exporters get insights to GCC product standards

A workshop to educate Sri Lankan exporters on GCC product standards was held at the EDB Auditorium on 20 November with the participation of more than 100 stakeholders engaged in several sectors.

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EDB’s performance pilot triumphs with Lankan packaging breakthrough

2015-11-04

EDB’s performance pilot triumphs with Lankan packaging breakthrough

EDB’s first Lankan packaging pilot project is a hit and has opened the door for the entry of the ‘performance packaging’ trend to the local manufacturing sector for the first time. The new tech not only helps cost savings, but can boost sales revenue by 10-15%.

“With hands-on experience in perishable exports, I know the importance of packaging for exports sector. We thank PUM Netherlands for extending support to EDB and the Lankan packaging sector,” said EDB Chairperson Indira Malwatte on 30 October.


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