News

Sri Lanka shines at Anuga International Trade Fair in Cologne

The 33rd Edition of the Anuga International 2015, the biggest General Food and Beverages Exhibition of the world was held in Cologne, Germany from October 10-14, 2015.  7063 companies from 108 nations exhibited their products to the 160,000 trade visitors from 192 Nations.

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Indira Malwatte appointed as new Head of EDB

Indira Malwatte took office as the first woman to lead the Export Development Board (EDB) yesterday. “I am very confident of making a positive contribution to the export effort of our country,” newly-appointed EDB Chairperson Malwatte said.

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EDB upheaval!

Giving a sudden boost to Sri Lanka’s national exports push, the country’s apex export facilitator, the Export Development Board (EDB) has been directed to perform as a private sector entity henceforth to realise the country’s export reforms.

This makes the EDB itself a top reform target and formulation of sub sector level export targets with greatly increased export value addition is now on the cards.

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EDB moves to stamp Brand Sri Lanka in global batik map

Sri Lanka’s apex export facilitator EDB stepped up its efforts to stamp ‘Brand Sri Lanka’ in the global batik map – and linking with top institutional stakeholders, EDB is directly accessing the SMEs of the country in this new initiative, as announced on 8 October in Colombo.

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Sri Lanka to apply for GSP Plus end of this year: Harsha

Deputy Foreign Minister Dr. Harsha de Silva said that the government would be forwarding the formal application to regain the GSP Plus preferential trade facility from the European Union (EU) by the end of this year in the backdrop of recent international developments. “After the resolution in Geneva passed, we wrote to the EU. Before the end of the year, we will be making the formal application, and hopefully by middle next year we will be able to bring in GSP Plus,” he said.

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EDB joins Lanka’s innovation giant to push hi-tech exports, R&D

As Sri Lanka’s ranking surged in the latest Global Innovation Index, two apex Lankan state institutions are joining forces for the first time to boost the country’s hi-tech and innovation exports to the next level – and first ever hi tech R&D and Innovation Forum for Lankan CEOs is now on the cards, as revealed on 30 September in Colombo. “We welcome COSTI’s collaborative interest to partner with EDB. It is time we join forces to help our hi-tech exports to the next level,” said EDB Chairman and CEO Bandula Egodage.

Chairman Egodage was in discussions with the three-member team from the Coordinating Secretariat for Science, Technology and Innovation (COSTI) of Sri Lanka. The 2013 established COSTI is the apex Lankan body coordinating and monitoring science, tech and innovation in the country while promoting value addition and commercialisation of them in line with the National Science Technology and Innovation (STI) Strategy of Sri Lanka. Visiting COSTI team consisted of COSTI Chairperson and CEO Prof. Sirimali Fernando, Project Director Prof. Ajith de Alwis and Program Director Shehan Ratnavale. Joining the discussion were EDB DG-Actg Himali Jinadasa and other top officials and sector directors of EDB.

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