Sri Lanka's Apex Organisation for Export Promotion
Export Development Board Chairperson Indira Malwatte has been reappointed by President Maithripala Sirisena.
2019-01-24/ http://www.ft.lk/business/The-Footwear-and-Leather-Fair-2019-kicks-off-on-Friday-at-BMICH/34-671535
Industry and Commerce, Resettlement of Protracted Displaced Persons and Co-operative Development Minister Rishad Bathiudeen will ceremoniously declare open the Footwear and Leather Fair 2019 at the Sirimavo Bandaranaike Memorial Exhibition Centre, BMICH premises, Colombo, at 10 am on Friday, 25 January, in the presence of the distinguished gathering, which will include participants from India, China, Pakistan and Singapore.
London Stock Exchange (LSE) group said its trade-matching technology developed by its Sri Lankan unit has been chosen for AAX, a new cryptocurrency digital exchange platform being launched by Hong Kong-based fintech firm ATOM Group.
2019-01-21/ http://www.dailynews.lk/2019/01/22/business/175019/edb-seeks-green-light-quarantine-authorities-china
Sri Lanka Export Development Board (EDB) has made a formal request to the Quarantine Authorities of China for obtaining quarantine clearance for in a bid to support Sri Lankan Agri-entrepreneurs in gaining new ground in China’s organic market.
2019-01-21/ http://www.ft.lk/business/BoardPAC-wins-big-with-6-Stevie-accolades-at-2018-International-Business-Awards/34-671265
BoardPAC, globally recognised as a leading provider of revolutionary paperless board-meeting automation solutions captured a record six Stevie accolades at the 15th International Business Awards (IBA) 2018 held recently.
2019-01-17/ http://www.ft.lk/business/Eight-Sri-Lankan-garment-manufacturers-to-participate-in-Texworld-%E2%80%93-Apparel-Sourcing-USA-in-July/34-671026
Following an exciting summer edition of Texworld – Apparel Sourcing USA in July 2018, Sri Lanka Chamber of Garment Exporters is organising its first Sri Lankan Pavilion with the representation of eight companies at the first edition of the fair from 21 to 23 January, at Javits Convention Center.
Sri Lanka, despite its size is fast becoming an emerging destination for contemporary development. Famed for its traditional exports like Pure Ceylon Tea, Apparel and praised as a tourist hotspot, this island nation is now emerging as one of the top tech destinations in the world. The country has proved the strength of a dynamic force in the business world today, playing a dominant role advancing technology and driving innovation across the world.
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.
With the concept of wellness becoming a buzzword in the world, the tourism industry has capitalized on its potential by offering travel experiences that have health and well-being as a core component. International travellers are increasingly considering wellness when planning their holiday itinerary. With trips being organized based on concepts such as physical, psychological and spiritual wellbeing, healthy food and spa treatments.
Exporters last week hailed the Government’s commitment towards encouraging new champions to international trade and facilitation to ensure Sri Lanka reaches its targets by end of this year whilst urging immediate action over some of the concerns.
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 $20 billion milestone this year.
Marking a major milestone, the Port of Colombo handled its seven millionth TEU yesterday, 31 December.
A special function was held at the Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) to celebrate the handling of the seven million mark. The function was attended by Minister of Ports, Shipping and Southern Development Sagala Rathnayake and Ministry of Ports, Shipping and Southern Development Secretary and Sri Lanka Ports Authority (SLPA) Chairman Dr. Parakrama Dissanayake.
2018-12-27/ www.ft.lk/business/Enhancing-capabilities-of-footwear-industry-to-maximise-benefits-under-int-l-trading-arrangements/34-669602
The Footwear and Leather sector has been identified as a potential sector by way of creating employment opportunities and earning and saving foreign exchange earnings. Since the local market is limited, exports are essential for the sustainability of the industry. This industry clearly has a significant potential for being a key contributor to the economy of the country, if empowered by appropriate support and guidance. At Present the footwear and Leather industry and its supporting industries including marketing chain employs around 250,000 people directly and indirectly. Sri Lanka’s exports of this sector was US$ 131.38 million and exports to EU was US$ 38.52 million in 2017.
Colombo International Container Terminals (CICT) yesterday announced a significant equipment addition that will enhance the terminal’s deep water capacity and make Colombo one of the few ports in Asia capable of handling vessels of 22,000 + TEUs. The Company said the enhancement encompasses the addition of two new mega Quay Gantry Cranes (QGCs), six new Rubber-tyred Gantry Cranes (RTGs) and 12 Prime Movers, and is planned for completion by March 2019. CICT’s existing QGCs are the biggest gantry cranes in the Indian Subcontinent region, and the addition of two even larger twin-lift QGCs from Zhenhua Port Machinery Company (ZPMC), a global leader in quayside container cranes, will further strengthen the Port of Colombo’s hub status, the Company said.
Sri Lanka is working towards deriving maximum power generation from all spectrums of energy sources while minimizing the environmental impact it will cause. “It is important to tap all the power resources to generate the necessary supply and we are considerate of the environmental impact in doing so. Therefore, measures will be taken to mitigate the impact on the environment,” While the government is keen on working towards 100 percent electrification of households in the country, it has provided electricity to all the households requesting power.
Sri Lanka Export Development Board in collaboration with National Plant Quarantine Service (NPQS), Department of National Botanic Gardens (DNBG) and Sri Lanka floriculture industry experts organized a full day workshop on production of ornamental plants. The workshop was held on 4th December 2018 at the EDB auditorium.
2018-12-03/ http://www.ft.lk/business/Technical-transfer-program-for-coir-based-manufacturers-in-North-Western-and-Southern-provinces/34-668043
The EDB’s Regional Development Division successfully concluded a Technical transfer program for coir-based manufacturers in the North Western Province (NWP) & Southern Province (SP) from 19-29 November under the ‘2000 Exporters Development Program’.
At the recently held APICTA 2018, Sri Lanka won 3 Gold Awards and was also able to secure 7 Merit awards. In addition to that, Sri Lanka also emerged as the third highest achiever in the awards tally at APICTA 2018 as well. APICTA or the Asia Pacific Information Communication and Technology Alliance is an association of national ICT organizations representing their respective economies.
NOCU organized an awareness workshop for the stakeholders engaged in organic agriculture related activities to educate them on the role of NOCU and international market prospects for organic agriculture products. Workshop was held on 29th November 2018 at the EDB 3rd Floor Auditorium. This workshop was organized for Growers/Farmers, Processors, Traders, Exporters, Importers Other organic related entrepreneurs etc.
Sri Lanka Export Development Board, in collaboration with National Plant Quarantine Service (NPQS), Department of National Botanic Gardens (DNBG), and Sri Lanka floriculture industry experts, will organise a full day workshop on the production of ornamental plants. The workshop will be held on 4th December at the EDB auditorium.
