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Colombo Port container volumes up by 9.1% in April

2019-05-27/ Source at: Daily News

Colombo Port container volumes up by 9.1% in April

The Colombo Port container volumes indicates an increase in the month of April 2019 by 9.1% compared to the same period last year.

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From Iceland to China: Connecting a Global Fresh Fish Network

2019-05-26

From Iceland to China: Connecting a Global Fresh Fish Network

Connecting global markets has always been a core value proposition for Sri Lanka. For centuries the island nation has leveraged its strategic geopolitical positioning to connect the East and the West. Now, as traditional logistics models are disrupted by technological advancements, geographic location is gradually losing its relevance. Despite this, Sri Lanka looks set to continue being a vital piece of the global logistics puzzle through a transition from one core strength to another: a world class tech industry and strong affinity for disruptive digital innovation. The country’s robust talent pool and innovative culture has helped it be a part of global supply chains that would never traditionally cross Lankan shores. Nowhere is this better exemplified than in the case of 99X Technology and IceFresh.

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Sri Lanka: The Digital Gateway to Asia

2019-05-25

Sri Lanka: The Digital Gateway to Asia

Sri Lanka's geo-strategic location has always made the country an ideal destination to those who wish to access emerging Asian markets. Global multinationals looking to enter large South Asian economies such as India, Pakistan, and Bangladesh have increasingly utilized Sri Lanka as a testing ground to gauge opportunities and utilize the territory as an innovative incubation hub for the region.

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A Compelling Opportunity for Global Investors

2019-05-24

A Compelling Opportunity for Global Investors

Sri Lanka has built a reputation for churning out world-class solutions for multi-billion-dollar industries around the world. Availability and access to top engineering talent, creativity and resourcefulness, and a collaborative mentality to co-innovate solutions differentiate Sri Lanka from other locations.

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SLANSHEI and SLASSCOM engage in strategic partnership to boost IT/BPM industry capacity

2019-05-24/ http://www.ft.lk/it-telecom-tech/SLANSHEI-and-SLASSCOM-engage-in-strategic-partnership-to-boost-IT-BPM-industry-capacity/50-678908

SLANSHEI and SLASSCOM engage in strategic partnership to boost IT/BPM industry capacity

The Sri Lankan Association of Software and Services Companies (SLASSCOM) announces the signing of a strategic partnership with the Sri Lanka Association of Non-State Higher Education Institutes (SLANSHEI), the umbrella organisation formed through the initiation of seven leading private educational bodies addressing the needs of the non-state higher education sector in the country.

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Sri Lanka participates at Seafood Expo Global 2019 Brussels

2019-05-23/ http://www.ft.lk/business/Sri-Lanka-participates-at-Seafood-Expo-Global-2019-Brussels/34-678696

Sri Lanka participates at Seafood Expo Global 2019 Brussels

Sri Lankan seafood exporters participated at the 27th Seafood Expo Global/Seafood Processing Global at the Brussels Expo, the world’s largest trade fair in the fisheries sector, which was successfully held from 7-9 May in Brussels, Belgium.

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“Raavana-1” 1st Sri Lankan Satellite to the Space

2019-05-23

“Raavana-1” 1st Sri Lankan Satellite to the Space

“Raavana 1”, Sri Lanka’s first satellite, a cube satellite designed and developed by a team of Sri Lankan engineers was successfully carried to International Space Station from NASA’s Wallops Flight Facility on Wallops Island, Virginia on February 18, 2019. “Raavana 1” will be deployed to 400km orbit in mid June 2019, and will be in operation from July 2019 onwards after establishing communication links with the ground station at Arthur C. Clarke Institute for Modern Technologies (ACCIMT). This was part of a landmark project of the Arthur C. Clarke Institute for Modern Technologies, functions under the purview of the Ministry of Science, Technology and Research. ACCIMT is a key public sector technology institute in Sri Lanka working in this unique field of Space Technology (or Space Engineering).

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Messe Duesseldorf bullish on promoting industrial products of Sri Lanka

2019-05-22/ http://www.ft.lk/business/Messe-Duesseldorf-bullish-on-promoting-industrial-products-of-Sri-Lanka/34-678606

Messe Duesseldorf bullish on promoting industrial products of Sri Lanka

Reinforcing Germany’s support to Sri Lanka in need of the hour, world’s leading trade fair organiser Messe Duesseldorf GmbH announced plans to promote ‘Made in Sri Lanka’ as a quality brand and build the country’s industrial products in the international arena.

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Accelerating Global Growth Through Sri Lankan Ingenuity

2019-05-21

Accelerating Global Growth Through Sri Lankan Ingenuity

Sri Lanka is home to a rapidly growing ICT/ BPM industry that thrives on innovation, tech development, and high-end service standards. Rather than going on the path of competing with other developing countries for headcount based outsourced businesses, Sri Lanka focused on developing a niche and specialized talent base carving out a competitive position for high-end product & service development and knowledge services.

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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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SLEDB’s Sri Lankan ICT/BPM delegation at Japan IT Week 2019

2019-05-15

SLEDB’s Sri Lankan ICT/BPM delegation at Japan IT Week 2019

A top level Sri Lankan ICT/BPM delegation organised by the Export Development Board successfully participated at the Japan IT Week 2019 from 8 to 10 May.

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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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NES market diversification business mission to Central Europe

2019-05-06

NES market diversification business mission to Central Europe

Sri Lanka’s share in the global export market and the contribution of exports to the national GDP has been in decline whereas imports to the country is in the increase. Further exports are dependent on imported inputs therefore, it is noted that the gap between export and import has been continuously increasing.

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Hambantota Int’l Port signs terminal service agreements with top players in shipping industry

2019-05-06/ Source at: Daily FT

Hambantota Int’l Port signs terminal service agreements with top players in shipping industry

Vehicle Carrier, Glovis Sun sailing under the Marshall Islands flag, helped the Hambantota International Port (HIP) to reach its highest discharge volumes to date, when 5,000 transshipment units were discharged in record time last month. The discharge operation was completed 22 hours prior to the expected time and the vessel was able to depart well before schedule the following day.

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EFL 3PL looks towards Bots and RPA to stay ahead of the logistics game

2019-05-06/ Source at: Daily FT

EFL 3PL looks towards Bots and RPA to stay ahead of the logistics game

Global logistics service provider, Expolanka Freight Ltd. (EFL), has announced that it has implemented its first wave of transformative Robotic Process Automation (RPA) across all its distribution centres and Freeport to support day-to-day operations, making it the first 3PL to have achieved this in Sri Lanka. Through this move to automate repetitive processes across its portfolio, the country’s most dynamic supply chain services vendor has further strengthened its position at the cutting edge of logistics innovation, adding even greater value to its business offering.

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Sri Lanka participated in the Arabian Travel Market

2019-05-05/ http://www.sundayobserver.lk/2019/05/05/business/let%E2%80%99s-work-together-against-global-terrorism-tourism-promotion-bureau-chief

Sri Lanka participated in the Arabian Travel Market

Sri Lanka participated in the Arabian Travel Market (ATM 2019), the largest annual professional and official exhibition for the Tourism market in the Middle East last week.

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“Tourism industry will regain lost ground”

2019-05-05/ http://www.sundayobserver.lk/2019/05/05/business/%E2%80%9Ctourism-industry-will-regain-lost-ground%E2%80%9D

“Tourism industry will regain lost ground”

The tourism industry which suffered economic losses due to the Easter Sunday attacks, looks forward to regain its lost position sooner than expected with the support of the Government.

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Lanka Start-up Ecosystem investor forum in Sydney

2019-04-30/ http://www.ft.lk/it-telecom-tech/Lanka-Start-up-Ecosystem-investor-forum-in-Sydney/50-677419

Lanka Start-up Ecosystem investor forum in Sydney

Consulate General of Sri Lanka in Sydney along with BOV Capital, Colombo and Grant Thornton, Sydney organised an investor forum showcasing the Start-up Ecosystem in Sri Lanka on Wednesday 17 April. Over 50 entrepreneurs who are keen to understand and look at investment potential in the Lankan Start up Ecosystem participated in the investor forum and the business networking.

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SLT and AsiaInfo International sign MoU

2019-04-27/ http://www.ft.lk/business/SLT-and-AsiaInfo-International-sign-MoU/34-677109

SLT and AsiaInfo International sign MoU

Sri Lanka Telecom (SLT), the national ICT solutions provider, entered into a partnership with AsiaInfo International Ltd., a leading IT solutions and service integrator in the global communications industry, to introduce digital products and solutions to the Sri Lankan market.

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Nine Sri Lankan ICT/BPM Companies to Showcase Offerings and Accelerate Export Opportunities at Japan IT Week 2019

2019-04-25

Nine Sri Lankan ICT/BPM Companies to Showcase Offerings and Accelerate Export Opportunities at Japan IT Week 2019

Japan IT Week is one of the world’s leading ICT/BPM-focused exhibitions and provides a myriad of opportunities for professionals, vendors, service providers and customers to meet exhibitors from across the world and develop profitable business relationships. Japan has a strong track record of innovation, making Japan IT Week the ideal platform for Sri Lankan companies to showcase their offerings, establish business relations and expand their footprint in the continent.

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