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EDB Turns 40 : Contribution to the Economy of the Nation

2019-08-02

EDB Turns 40 : Contribution to the Economy of the Nation

The Sri Lanka Export Development Board [EDB] which turned 40 years on 1st August is the premier state organization for the development and promotion of exports. The Board plays myriad roles in the export sector of the economy, as a Policy Advisor, Monitor, Promoter, Facilitator and Knowledge Provider in carrying out its responsibilities of implementing strategies for achieving national export targets.

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Exports grow 11.4% in first half of 2019

2019-07-24

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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Sri Lanka, All set for Expo 2020 Dubai

2019-07-18

Sri Lanka, All set for Expo 2020 Dubai

Sri Lanka is now officially an approved participant at the World Expo 2020 Dubai as the Government of Sri Lanka signed the Official Participation Contract with the "Dubai Expo 2020 Bureau” on 08th July 2019. The high level delegation to the UAE for the Contract signing Ceremony was led by Hon. Nalin Bandara, Deputy Minister of Development Strategies & International Trade. Ms. Indira Malwatte, Chairperson & Chief Executive, Sri Lanka Export Development Board as the Commissioner General for Sri Lanka of Expo 2020 Dubai, signed the Official Participation Contract on behalf of Sri Lanka with Mr. Najeeb Mohammed Al-Ali, Executive Director of Dubai Expo 2020 Bureau in the presence of Hon. Nalin Bandara, Deputy Minister of Development Strategy and International Trade.

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EDB exporters’ forums provide relief to businesses

2019-07-12

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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23rd Presidential Export Awards Ceremony on 19 September

2019-06-19

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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UAE, Sri Lanka discuss Expo Dubai 2020

2019-05-17

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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National program to develop 2000 new exporters by the year 2020

2019-03-06

National program to develop 2000 new exporters by the year 2020

The seventh seminar for the Vavuniya, Mullaitivu and Mannar District entrepreneurs on the national program of developing 2000 new exporters was held on 1 March at the Vavuniya district secretariat conference hall.

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

2019-01-04

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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Successful participation of Sri Lanka at first China International Import Expo in Shanghai

2018-11-23

Successful participation of Sri Lanka at first China International Import Expo in Shanghai

The CIIE is China’s first import expo held at the national level, an innovation in the history of global trade. The first CIIE was held at the National Exhibition and Convention Centre (NECC) and organised by Ministry of Commerce of the People’s Republic of China and Shanghai Municipal People’s Government supported by the World Trade Organization and the United Nations Industrial Development Organisation and organised by the China International Import Expo Bureau and the National Exhibition and Convention Center (Shanghai) Co. Ltd.

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EDB organising Inward Buyer Delegation from Japan

2018-11-21

EDB organising Inward Buyer Delegation from Japan

The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in Japan is organising an Inward Buyer Delegation from Japan, from 3-5 December with the objective of developing business linkages between Sri Lankan companies and the Japanese buyers and to increase awareness among Sri Lankan exporters on the Japanese market.

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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

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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Sri Lanka finds prospects to trade with Malaysia

2018-06-22

Sri Lanka finds prospects to trade with Malaysia

Being the Strategic Partner of the Sri Lanka Investment and Business Conclave 2018 organized by the Ceylon Chamber of Commerce (CCC) 2018 from 19th to 21st June 2018, the EDB collaborated with CCC in organizing foreign buyers delegation for the event considering the benefits that will accrue to the development of exports through establishment of trade links, creating investment opportunities into the export sectors and image building efforts of the country.

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EDB says National Export Strategy ready for Cabinet approval

2018-06-19

EDB says National Export Strategy ready for Cabinet approval

The Sri Lanka Export Development Board (EDB) yesterday said the National Export Strategy (NES) it has designed in collaboration with the export sector stakeholders is ready to be presented to the Cabinet of Ministers for approval.

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EDB adds wellness tourism to export basket from this year

2018-06-06

EDB adds wellness tourism to export basket from this year

The Export Development Board (EDB) announced that ‘wellness tourism’ would be added to the export basket from this year onwards, setting an initial $ 2 million target for the sector.

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EDB awareness program for Southern Province entrepreneurs to establish 2000 exporters by 2020

2018-05-16

EDB awareness program for Southern Province entrepreneurs to establish 2000 exporters by 2020

Sri Lanka Export Development Board organised an awareness program for the entrepreneurs of the Southern Province on the national program to establish 2,000 new exporters. The program was held at the Sanaya Hotel, Matara on Friday, 11 May.

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“Why be an employee without being a generator of employment” ?

2018-03-14

“Why be an employee without being a generator of employment” ?

Samantha Mirando, who did not take up the state position due to him after being graduated and became successful in the entrepreneurship field.

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Australian High Commissioner calls for gender equality, empowerment in Sri Lanka

2018-03-09

Australian High Commissioner calls for gender equality, empowerment in Sri Lanka

As Sri Lanka posts one of the lowest female workforce participation rates of any comparable country, Australian High Commissioner to Sri Lanka Bryce Hutchesson yesterday called on all stakeholders to promote gender equality and empowerment to unleash the potential of women in business

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Nagano Employers’ Association visits EDB to Enhance Trade Relations between Sri Lanka and Japan

2018-01-04

Nagano Employers’ Association visits EDB to Enhance Trade Relations between Sri Lanka and Japan

A delegation from Nagano Employers’ Association in Nagano Prefecture, Japan visited Sri Lanka Export Development Board (EDB) with the objective of increasing awareness on Sri Lankan key export products and services...........

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