Sri Lanka's Apex Organisation for Export Promotion
2019-06-25/ http://www.ft.lk/business/Technology-transfer-program-for-ornamental-fish-sector-from-26-28-June-at-NARA/34-680636
The Export Development Board together with the National Aquatic Resources Research and Development Agency (NARA), National Aquaculture Development Authority (NAQDA), and the Live Tropical Fish Exporters Association will conduct a three-day technology transfer program from 26-28 June in order to make aware the ornamental fish breeders, producers and exporters about the new developments in the industry.
Sri Lanka is the leading exporter of true cinnamon to the world and holds almost 80% of the global pure cinnamon market. However, the exporters of Ceylon Cinnamon to the world market, particularly within the European Union (EU) and North American markets, are facing rising competition from substitutes such as Cassia and other varieties of cinnamon supplied by Madagascar and the Seychelles.
EDB in collaboration with the Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) and Plastic and Rubber Institute of Sri Lanka (PRISL) will be organizing a two (2) day workshop on Tyre Compounding and Tyre Technology to upgrade the knowledge of the industry on technological advancements in the global tyre industry by obtaining the services of International Technical Experts from India on 25th &26th July 2019 at Hotel Taj Samudra, Colombo. This is the second such workshop to be organized as a follow up to the first workshop in 2018 on Product Innovation, Technology and R&D, for Sri Lankan Tyre Manufacturing Industry.
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
The Expo 2020 Dubai is a global trade exposition showcasing strengths, capabilities and innovation of over 180 countries and set to host over 25 million visitors from across the globe. Set to be one of the largest events ever to be staged in the Arab world and the first of its kind across the Middle East, Africa and Asia, the World Expo is one of the longest standing and largest international events to take place in the world.
The Sri Lanka Export Development Board in collaboration with the Sri Lanka Embassy in Thailand organized a Technical Exposure and Capacity Building Programme for 12 SME, food & Beverage export potential entrepreneurs coinciding with “THAIFEX – World of Food Asia -2019”, Bangkok, Thailand from 27th May – 1st June 2019.
The first workshop on “Productivity Improvement for Rubber Small Holders through Adaptation of Modern Technology” was successfully concluded by EDB in collaboration with Ministry of Plantation Industries, RDD & RRI in Kegalle on 31st May 2019 for 40 selected small holder rubber farmers.
The Eighth seminar for the Ratnapura District entrepreneurs on the national program of developing 2000 New Exporters was held on June 07, 2019 at the Kethumathi Hotel, Ratnapura,
The Export Development Board (EDB) Advisory Committees of the focus sectors of the National Export Strategy reported their sector progress, issues and targets for the year 2019 at the core team meeting chaired by Minister of Development Strategies and International Trade Malik Samarawickrama on 30 May at the Ministry.
2019-05-31/ http://www.dailynews.lk/2019/05/30/finance/186947/productivity-improvement-programs-rubber-smallholders-kegalle
EDB together with the Ministry of Plantation Industries, RDD and the RRI be organized a series of workshops to give small holder farmers the necessary awareness and knowledge on productivity improvement through adaptation of modern technology in the year 2019.
Given Sri Lanka’s strategic geographic location along the main east-west sea route in the Indian Ocean, at the crossroads of the fastest growing region of the world with proximity to many emerging markets, the Country is ideally positioned as a very viable hub in the South Asian Region. Underscoring Sri Lanka’s attractiveness as a hub, the Port of Colombo is globally recognized among the top dozen ‘best connected’ container ports worldwide, with all major container shipping lines using it as the primary regional hub for transshipment to and from the sub-continent.
2019-05-28/ http://www.ft.lk/business/FACETS--Showcasing-gems-and-jewellery-to-suit-every-taste/34-678983
It’s that time of the year once again to announce the approach of the premier event of the gem and jewellery industry of Sri Lanka – the FACETS International Gem and Jewellery Exhibition. All are invited to visit the 29th edition of FACETS, which is scheduled to be held at the end of August at the BMICH.
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.
2019-05-23/ http://www.ft.lk/business/Sri-Lanka-participates-at-Seafood-Expo-Global-2019-Brussels/34-678696
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.
2019-05-22/ http://www.ft.lk/business/Messe-Duesseldorf-bullish-on-promoting-industrial-products-of-Sri-Lanka/34-678606
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.
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.
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.
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.
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.
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.
