The Sri Lankan footwear and leather industry is growing at a steady pace-and has developed into a sector catering to international markets. “Forthcoming 6th International Footwear & Leather Fair is a three day event and will move our producers, who now show 45% value addition, to international buyers” said Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka on 31 January in Colombo.
Minister Bathiudeen was acknowledging his officials’ info on the forthcoming 6th International Footwear & Leather Fair which will commence in Colombo on 07 February. The three day exposition will pack such events as, a Designer Award Ceremony, an exclusive Fashion Show and a stall competition. On display are footwear, raw material, travel goods, chemicals, leather goods, components & accessories as well as machinery. In addition to the general public, Importers, Buying houses, Traders, Designers, Wholesalers & Agents, Brand owners, and Industrialists are expected to grace the expo.
The Sri Lanka Export Development Board (EDB) together with the Ministry of Industry & Commerce, Industrial Development Board and the Sri Lanka Footwear and Leather Products Manufacturers Association (SLFLPMA) will provide a platform for Sri Lankan footwear and leather product exporters, manufacturers and SMEs’ to showcase their talents and capabilities locally and globally by organising the 6th Footwear and leather Fair 2014 from 7 to 9 February 2014.
Footwear and Leather industry contributes a considerable share to the country’s exports earning and shown a remarkable growth during this year. In addition, footwear manufacturers cater to more than 50% of the local market requirement, minimising imports of such items.
Sri Lanka’s exports, which suffered a YoY decline of 7% in 2012, returned with a bang in 2013 posting a 6.2% surge. "I and EDB thank our exporters for their commitment for this strong performance" a Ministry of Industry and Commerce press release quoted Minister of Industry and Commerce Rishad Bathiudeen as saying.
The release adds: ‘Minister Bathiudeen was acknowledging the latest provisional annual export performance numbers briefed to him by his officials on January 22 in Colombo.
‘According to the latest provisional figures by the EDB, 2013 cumulative exports earnings stood at $ 10379.94 Mn, growing by 6.2% from 2012’s annual export revenues of $ 9773.63 Mn.
Sri Lankan coir has grabbed the attention of a leading global automotive firm. "I am happy to say that our coir is now used by Mercedes Benz. This is the first time we learn that our coir have gone to such high levels" said a pleased Sujatha Weerakoone, Director General of EDB on January 22.
EDB Director General Weerakoone was addressing "Exporting to Korea" event, organised and held at the EDB. The session was honoured by a 16 member strong South Korean undergrad delegation led by Prof. Bell C.J. Park of Myongji University, South Korea, who made a presentation. Also in attendance were more than 100 reps from various Sri Lankan exporters.
The sixth Footwear and Leather Fair is to be held from February 7 to 9 featuring over 200 stalls.
The event, organized by the Export Development Board (EDB), the Ministry of Industry and Commerce, Industrial Development Board and the Sri Lanka Footwear and Leather Products Manufacturers’ Association (SLFLPMA), is expected to provide a platform for Sri Lankan footwear and leather products exporters, manufacturers and Small and Medium Enterprises (SMEs) to showcase their talents and capabilities locally and globally.
The exposition on Trade, Tourism and Investment titled 'Reflection of Sri Lanka' is set to take place in parallel with the Commonwealth Heads of Government Meeting (CHOGM), in November 13 to 17, 2013 at the Battaramulla Ape Gama premises(Jana Kala Kendraya). This event would be the biggest of its kind, happening in Sri Lanka, with the registered participation of 520 exporters under one roof, accommodating 968 stalls.
Reflection of Sri Lanka International Exhibition on Trade, Tourism and Investment organized by the Ministry of Economic Development and Ministry of Industry and Commerce together with Export Development Board(EDB), Sri Lanka Tourism Promotion Bureau and the Board of Investment(BOI).
The Sri Lanka Design Festival (SLDF) 2013, backed by local industries and the Sri Lankan Government, kicked off yesterday. The main objective of the festival, which is to promote design driven exports, is supported by Sri Lanka’s apex institute for driving exports, the Sri Lanka Export Development Board (EDB).
Together with EDB, SLDF 2013 is held under the theme of South Asia’s Creative Hub, encompassing Sri Lanka moving towards the regional hub status in design. Under this, SLDF will join hands with the EDB to highlight and draw international attention to the major export industries like fashion/apparel manufacturing as well as emerging sectors like contemporary craft.
Lankan businesses of both SME and large scales are enthusiastically enlisting for the CHOGM event of EDB. "42 exhibitor firms from ornamental and handicraft sector, 40 from gem and jewelleries, and 19 from apparel sector are among them," said Ms Sujata Weerakoone, Director General of EDB on 08 October in Colombo.
Director General Weerakoone was addressing the special briefing session held at EDB auditorium on 08 October for exhibitors of forthcoming EDBs CHOGM exposition titled "Reflections of Sri Lanka-Exploring the Wonder of Asia". More than 250 reps from 184 Lankan businesses of SME and large scales from across the country were in attendance at EDB’s briefing session.
"Eager Sri Lankan biz has experienced a sudden boost and witnessed new doors of opportunities on 26 September with a surge of inquiries from the powerful Chinese businesses now scouring Sri Lanka," the Ministry of Industry and Commerce said in a statement.
On 26 September, one hundred (100) Lankan firms of small, medium and large scales met reps from 23 powerful Chinese firms that arrived in Sri Lanka on 25 September as part of the Chinese Trade Promotion delegation to Colombo.
The Sri Lanka Export Development Board (EDB) celebrated its 34th anniversary recently. As a part of its anniversary celebrations, the formation of an Ex-EDB Employees society titled ‘Ex-EDB Employees Sansadaya’ was proposed, to strengthen the ties between the present and past employees of the EDB. The inaugural meeting and the get-together of the ‘Sansadaya’ was held on 23 August at the Cey-Nor Seafood Restaurant, Colombo, with the participation of present and past employees of EDB
The visit of a Sri Lankan business delegation to South Africa is a joint initiative of the Sri Lanka High Commission in Pretoria and the Sri Lanka Export Development Board (EDB) and Tea Board for the participation of Sri Lankan exporters at the SAITEX 2013 International Trade fair held at the Gallagher Convention Centre in Midrand from June 30 to July 2.
Leading Sri Lankan companies - DSI Tyres, Kelani Cables, Rathna Cinnamon Producers and Exporters, Queens Workwear, Nature's Secrets and Lalan Rubber - exhibited at the Sri Lanka pavilion while Basilur Tea Exporters and Sunshine Tea Exporters were at the Tea Board pavilion at the exhibition.
“Today is an important day in Sri Lanka’s exports sector. We are appointing the Advisory Committees of Sri Lanka’s premier national exports organization, the EDB, and also launching the next international mega event in our exports calendar which is the ‘EXPO 2014” said Minister Bathiudeen, and added: “The global markets continue to show changing demand patterns, not only due to the recent global economic crisis but also as a result of long term fundamental changes in overall global consumption and shifting world market patterns. For example, 66% of the world market and population growth in the next century is expected to come from Africa."
The High Commission of Pakistan in Sri Lanka in association with the Trade Development Authority of Pakistan (TDAP), formally launched The EXPO Pakistan 2013- Opportunities Unlimited on 24 June, 2013 in Colombo.
Minister for Industries and Commerce of Sri Lanka, Rishad Bathiuddin graced the occasion as the Chief Guest and jointly inaugurated the event, with the High Commissioner of Pakistan, Maj Gen Qasim Qureshi (Retd).
Chairman Export Development Board of Sri Lanka, Bandula Egodage, representatives of the main chambers of Sri Lanka i.e. Ceylon Chambers, National Chambers of Industries, Federation of Chambers of Commerce, Women Chamber of Sri Lanka and the members of Sri Lanka-Pakistan Business Council, along with major business houses such as Aitkens Spence, Ceylon Biscuit Limited, Akbar brothers, Calico, CW Mackie, Haleys, Macksons, Eswaran Brothers, Packages Lanka, Hands Logistics and Tunip Lanka attended the ceremony.
A corporate affairs and communications professional from one of the world’s largest food and beverage multinationals has been appointed as the new Chairman of the Export Development Board (EDB) of the Ministry of Industry and Commerce.
Minister of Industry and Commerce Rishad Bathiudeen yesterday appointed Nestlé Lanka PLC Vice President of Corporate Affairs and Communication Bandula Egodage to the helm of EDB.
He will continue in his permanent position at Nestle Lanka. The new appointment follows the resignation of Janaka Ratnayake late last year.
An International Conference on Economic Development, Joint Venture Partnerships and Eco Tourism has been organized by the Business and Professional Women Sri Lanka from August 10 to 12 at the BMICH.
Speaker Chamal Rajapaksa, Water Supply and Drainage Minister Dinesh Gunawardena, Economic Development Minister Basil Rajapaksa, Investment Promotion Minister Lashman Yapa Abeywardena and Board of Investment (BOI) Chairman Dr Lakshman Jayaweera are to participate in this event as chief guests.
The main objective of the conference is to form joint venture partnerships in business, commerce, infrastructure development, tourism and information technology.
The conference facilitates business to business opportunities amongst the participants in coordination with the BOI, Export Development Board, Sri Lanka Tourist Board and other relevant authorities.