Blog

2016-11-28

EDB PROMOTE TRADE AND BUSINESS PARTNERSHIPS BETWEEN PHILIPINES & SRI LANKA

Export Market diversification is one of the strategies that the EDB has identified to increase Sri Lanka’s export. Considering  Sri Lanka’s present export market concentration mainly to USA and European countries and the importance of the emerging economic power of Asia the Philippines is one of the countries identified to promote our products.

Philippine is 12th most populous country in the world over 100 Mn. population. The GDP growth was 7% in 2013. Also it is an member of ASEAN and only the ASEAN member receiving EU GSP+ facility. This will provide market access opportunity for Sri Lanka.

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2016-11-25

Health Benefits of Essential Oils from Sri Lanka

The medicinal and cosmetic benefits of essential oils derived from a host of herbal, spice and flowering plants that are grown widely in Sri Lanka, has been a long kept secret that found its way to the rest of the world through spice trading merchants of Western Asia.

Today spice suppliers in Sri Lanka produce a range of essential oils through distillation of leaves, bark, roots and flowers to derive the oils and essence trapped inside. Among a large number of essential oils produced in Sri Lanka, a dozen or more are favored by aromatherapists and Ayurveda specialists who believe in the curative powers of these oils;

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2016-11-25

Turkey Industrialists Businesswomen and Businessmen Confederation visits EDB

The General President of Turkey Industrialists Businesswomen and Businessmen Confederation, Nezaket Emine Atsoy met Mrs.  Indira Malwatte, the Chairperson & Chief Executive and the Directors of the Sri Lanka Export Development Board (EDB) during their visit to  Sri Lanka from 7th to 11th November 2016.  Ms. Astoy is the Chairperson  of the Confederation  which has got a worldwide network consisting of key leaders in various sectors and decision makers of the concerned countries.

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2016-11-23

Apparel Innovations: Manufacturing Smart Garments

Beyond doubt, the Apparel industry makes a huge contribution to Sri Lanka’s total export earnings. For the calendar year 2015 alone, Apparel export revenue amounted to a whopping US $4.9 billion. In the light of this fact, the Apparel export sector’s bold ambition to earn US $8 billion as apparel export revenue by 2020 is fairly realistic and achievable. Also, directly employing 400.000 to 600,000 people, the sector consists of some of the country’s largest employers.

In an interview with Lanka Monthly Digest (LMD), Sri Lanka’s premier business magazine, Mr. Aroon Hirdaramani, a Director of the Hirdaramani Group, one of the country’s apparel giants observes that “…it is essential that we have a strong economic framework in place, to support the industry’s continued growth and competitiveness….”

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2016-11-17

Colombo hosts 2nd edition of Intex South Asia

Intex South Asia, the only international sourcing fair in South Asia which showcases the best in yarns, fabrics (apparel and denim) and clothing accessories, is presenting a grand display at the Exhibition and Convention Centre (SLECC) in Colombo from 16-18 November.

It is the second edition of Intex South Asia and in anticipation of the Sri Lankan apparel industry regaining GSP+ concessions, this year’s exhibition was successful in bringing more than 150 exhibitors from Italy, Japan, South Africa, Korea, China, Taiwan, Singapore, Malaysia, Indonesia, Pakistan, Bangladesh and India to Sri Lanka.

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2016-11-15

Intex South Asia 2016 to showcase over 11 countries’ best of textiles

The aim of the new edition of Intex South Asia, which will take place from November 16 to 18, 2016, at the Sri Lanka Exhibition and Convention Centre, Colombo, is to present and showcase the entire value chain by bringing together the best manufacturers of yarns, apparel fabrics, denims, clothing accessories and allied services.

Sri Lanka will soon witness leading international buyers visiting Colombo to attend and source at Intex South Asia. Leading buyers attending the show are from India, Bangladesh, Malaysia, Spain, Pakistan, Saudi Arabia, Hong Kong, China, Thailand, Mauritius, Iran, Australia, the USA, the UK, Europe, Nigeria, South Africa and many more.  The Sri Lankan apparel industry has also blocked its calendar to visit with its teams at this important  mega event.

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2016-11-03

Specialty Tea - A Timely Boost to the Sri Lankan Tea Industry

Is the time ripe for Sri Lankan tea exporters to make a shift away from bulk tea to value added packed at the source tea, Specialty Teas, and Artisan Teas?

Specialty teas or artisan teas have been a well-kept secret in the Sri Lankan tea sector. Produced in small quantities and traded among select circles of tea connoisseurs, who have a taste for rare tea flavors, Ceylon Specialty Tea includes niche segments of local tea industry that produce white tea, fair trade organic tea, single estate loose leaf tea as well as flavored dessert teas.

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