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GPV Lanka wins Gold Award at Taiki Akimoto 5S Awards

2020-09-19

GPV Lanka wins Gold Award at Taiki Akimoto 5S Awards

GPV Lanka (Pvt.) Ltd won the TAIKI AKIMOTO 5S Gold Award 2019 under the large category presented by Japanese Sri Lanka Technical and Cultural Association (JASTECA).

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EDB webinar on market opportunities in Germany and Europe for electronic and electrical exporters

2020-07-20

EDB webinar on market opportunities in Germany and Europe for electronic and electrical exporters

The Sri Lanka Export Development Board (EDB), with the assistance of the Embassy of Sri Lanka in Germany and the Ministry of Foreign Relations, organised a free webinar on 15 July, on matchmaking and market entry opportunities available for Sri Lankan electronic and electrical sector exporters.

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Exports: A National Priority

2020-04-19

Exports: A National Priority

Following our statement last week, the EDB strengthens our clarion call to understand that exports are now our nation’s number one priority. As the COVID-19 crisis intensifies across the globe, we at the EDB have taken a strong stance and realized that it is the export sector that will get Sri Lanka through this crisis. During these times of unparalleled circumstances, we see a large impact on Sri Lanka’s foreign direct investment, our tourism sector and our country’s overall economic standing. Therefore, we ask other government agencies to recognize and support the export sector during this time. For all exporters, it is imperative to take immediate action. The foreign exchange that we bring in through the export sector is essential in our efforts to survive this crisis as a nation.

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A Clarion Call to Exporters; Commence All Exports!

2020-04-10

A Clarion Call to Exporters; Commence All Exports!

It’s a difficult moment for the world. We are fighting the coronavirus pandemic whilst our nation’s exporters have been facing challenging times for the past two months. The EDB requests that now more than ever, the time has come for us to prepare our businesses to stay up and running. As a nation, we are no stranger to disaster, having faced our fair share of adversity. We are confident that we will weather this storm and as we have done in the past, Sri Lanka will emerge stronger than ever and continue focusing on our main goal - recommencing exports, restoring them to their former level and increasing them.

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EDB cuts 2020 export target by $ 7.75 b on COVID-19 worries

2020-04-06

EDB cuts 2020 export target by $ 7.75 b on COVID-19 worries

Considering the unprecedented disruption to the global economy and trade due to the COVID-19 pandemic, the Export Development Board has revised its 2020 exports forecast by a hefty 42% to $10.75 billion.

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Relief to exporters to overcome covid-19 crisis

2020-03-30

Relief to exporters to overcome covid-19 crisis

The Central Bank on 27th March 2020 announced a series of wide-ranging financial concessions to alleviate the hardships businesses are facing owing to the impact of Covid-19. The concessions are applicable to the entire gamut of organisations ranging from large corporate to self-employed individuals, and particularly to export-related enterprises. The Sri Lanka Export Development Board (EDB) took the initiative in bringing the severity of the crisis situation the business community, particularly the export sector, is facing and the dire need to give relief, to the notice of the Central Bank and other key Government stakeholders.

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Sri Lanka Customs Offers a Window of Concession to Exporters During Corona Outbreak

2020-03-23

Sri Lanka Customs Offers a Window of Concession to Exporters During Corona Outbreak

Sri Lanka Customs has taken immediate steps to assist the exporters whose export of products have been delayed by the corona outbreak to export products that have been produced and prepared for exportation as well as goods that are essential and urgently required to be exported to respective countries.

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Export Performance - January 2020 - EDB

2020-03-04

Export Performance - January 2020 - EDB

According to the latest customs provisional data the total exports from Sri Lanka in January 2020, recorded a marginal increase of 0.96% in comparison to the similar period of the previous year, due to the merchandise exports recording a drop of 7.41% and the projected growth of 26% of Service exports, The merchandise exports stood at US$ 961 Mn in January 2020, which is lesser than US$ 77 Mn, in January 2019. The figure for Service exports has not yet been released and the EDB has projected figures based on the past published records. It was revealed that only in the year 2019 the exports recorded over one billion in comparison to the figures of the last five years.

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Export promotion efforts doubled by EDB in 2019

2020-02-13

Export promotion efforts doubled by EDB in 2019

Sri Lanka doubled its export promotion efforts last year in comparison to 2018, enabling the private sector, especially the small and medium segment, to succeed amidst growing competition and other challenges.

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EDB Chief wants export boom to be everyone’s priority

2020-01-31

EDB Chief wants export boom to be everyone’s priority

Export Development Board (EDB) Chairman Prabhash Subasinghe yesterday urged that boosting exports must be everyone’s priority, as the key agency set an ambitious yet achievable target of $ 18.5 billion this year, up by 15% from 2019. EDB revealed that as per provisional data, last year Sri Lanka’s total merchandise and service exports amounted to $ 16.14 billion up by 1.44% from 2018. The composition was merchandise exports were $ 11.9 billion, up 0.13% and service exports were $ 4.2 billion, up by 5.3% from 2018. EDB originally targeted $ 18.5 billion exports for 2019, and the estimated performance reflects achievement of 87% of the goal.

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Sri Lankan Electronics and Electrical Sector Excels at Productronica 2019 in Germany

2019-12-03

Sri Lankan Electronics and Electrical Sector Excels at Productronica 2019 in Germany

“Participation of an international exhibition/fair of this magnitude can undoubtedly give us lot of exposure in terms of new leads, competitors & collaboration possibilities” said, Mr. Sumedha Rubasinghe, Founder, CEO – of Entgra (Pvt) Ltd.

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EDB to hold first ever Sri Lanka Participation at Productronica 2019 in Germany for the Electronics and Electrical Sector

2019-11-06

EDB to hold first ever Sri Lanka Participation at Productronica 2019 in Germany for the Electronics and Electrical Sector

The Sri Lanka Export Development Board (EDB) is organizing a Sri Lanka pavilion at “PRODUCTRONICA 2019” from 12th  – 15th  November 2019 at MESSE MÜNCHEN, Germany with the assistance of Embassy of Sri Lanka in Germany and Consulate General of Sri Lanka in Frankfurt.

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Sri Lanka plans big for 6 month long Expo 2020 Dubai

2019-10-18/ Source at: Daily Mirror

Sri Lanka plans big for 6 month long Expo 2020 Dubai

Sri Lanka yesterday launched the official website announcing the country’s participation in the six-month long Expo 2020 Dubai, anticipating a major boost to exports, tourism and investments while looking to enhance the country’s brand value and image globally.

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Iconic Sri Lankan Cricketers Mahela and Kumar - Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai

2019-10-14

Iconic Sri Lankan Cricketers Mahela and Kumar - Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai

Mahela Jayawardena and Kumar Sangakkara - two of the most iconic cricketers produced by the country has come on board as Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai organized by the Sri Lanka Export Development Board (EDB) as a public private cooperation project .

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EDB successfully concluded the 23rd Presidential Export Awards Ceremony

2019-09-20

EDB successfully concluded the 23rd Presidential Export Awards Ceremony

The 23rd Presidential Export Award Ceremony (PEA) organized by the Sri Lanka Export Development Board (EDB) was successfully held on 19th September 2019 under the patronage of His Excellency the President of Sri Lnaka at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo with the participation of the large number of exporters. The award winners were presented a prestigious PEA Trophy and a Certificate & they have the privilege to use the “Award Logo” as a marketing tool for a 3 year period.

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23rd Presidential Export Awards Ceremony on 19th September 2019

2019-09-19

23rd Presidential Export Awards Ceremony on 19th September 2019

The 23rd Presidential Export Award Ceremony organized by the Sri Lanka Export Development Board (EDB) will be held on Thursday 19th September 2019 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President of Democratic Socialist Republic of Sri Lanka.

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Peter Kuruvita joins as the Guest Chef for Sri Lanka at Expo 2020 Dubai

2019-09-02/ Source at: Daily FT

Peter Kuruvita joins as the Guest Chef for Sri Lanka at Expo 2020 Dubai

Sri Lanka’s participation at Expo 2020 Dubai is set in a spectacular manner to ensure the strengthening of the country’s trade, tourism, and investments. The Sri Lanka Export Development Board plays a critical role, together with private and state organisations, to landmark Sri Lanka’s presence at this global event.

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Expo 2020 Dubai: Sri Lanka plans to attract FDI

2019-08-25/ Source at: Sunday Observer

Expo 2020 Dubai: Sri Lanka plans to attract FDI

The government has allocated Rs. 580 million to promote Sri Lanka’s exports, tourism and investment opportunities at Expo 2020 Dubai, which is expected to draw over 25 million visitors.

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EDB conducts an Awareness Session on NRC’s PPP Programme

2019-08-16

EDB conducts an Awareness Session on NRC’s PPP Programme

The Sri Lanka Export Development Board (EDB) in association with the National Research Council (NRC) held an awareness session on the NRC’s Public-Private Partnership (PPP) Programme on 29th July, 2019, at the EDB Auditorium targeting the exporter community. The aim of the session was to educate exporters about the modalities of the PPP programme.

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Four decades since ‘visionary’ Export Development Act

2019-08-13/ Source at: Sunday Observer

Four decades since ‘visionary’ Export Development Act

“This Act is truly visionary; I wish other countries had this in their export development framework!”, remarked a senior official of the Geneva-based International Trade Centre to me some months back. He was referring to the ‘Sri Lanka Export Development Act No. 40 of 1979’, which marks 40 years this month. He had found it to be an institutional arrangement that was far ahead of its time, and is still having relevance today – not just for Sri Lanka, but also for other developing countries. And he would know, having worked on export development strategies for over a dozen countries around the world.

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