Sri Lanka's Apex Organisation for Export Promotion
In a fresh bid to enhance exports to China and attract investment, industry professionals gathered for a discussion last week organised by the Sri Lanka-China Business Council (SLCBC) of the Ceylon Chamber of Commerce.
Sri Lanka’s Export Development Board (EDB) has drawn up a new entry strategy for the Chinese market to pre-identify products using an international consultancy firm/consultant, as most of Sri Lanka’s SMEs fail to complete export orders to China.
2018-05-30/ http://www.ft.lk/business/Govt--facilitates-lapidarists-to-promote-gem-cutting-services-for-jewellery-and-watch-industry/34-656034
Sri Lanka has been well known as a high-quality cutting and polishing destination with competitive pricing and still maintains a reputation as one of the best cutting centres for service cutting in the world. Sri Lanka’s lapidary sector consists of cutting and polishing of diamonds and coloured gem stones and the industry plays a vital role in adding value to locally produced and imported gem stones. The value addition per carat in the calibrated stone industry is estimated to vary between 25-30% for imported stones and 40-100% for local stones.
The Gem & Jewellery Industry of Sri Lanka gears for the 28th edition of its premier exhibition, FACETS Sri Lanka 2018, which will be held from 30 August to 2 September at the BMICH.
The Sri Lanka Export Development Board under the directive of the Hon. Malik Samarawickrama, Minister of Development Strategies & International Trade arranged a successful inward delegation from Pakistan following the research done by EDB in 2017 on new opportunities in Pakistan, the 2nd largest economy in South Asia. This mission also focused on maximizing trade under the Pakistan Sri Lanka Free Trade Agreement (PSFTA) to achieve the export earnings of US$ 20 million in 2020.
2018-02-08/ http://www.ft.lk/business/EDB--SLGJA-partner-to-attract-innovative-jewellery-design-talent/34-649034
Sri Lanka Export Development Board (EDB) and Sri Lanka Gem and Jewellery Association (SLGJA) in collaboration with Academy of Design (AOD) launched a One Year Diploma in Jewellery Designing............
2017-10-31/ http://www.ft.lk/business/EDB-organises-Sri-Lanka-Pavilion-at-14th--China-ASEAN-Expo--Nanning--China/34-642330
The Export Development Board (EDB) organised Sri Lanka’s participation at the 14th China-ASEAN Expo (CAEXPO) in Nanning, China from 12-15 September in collaboration with the Sri Lanka Consulate in Guangzhou.
On a promotional visit to enhance Sri Lanka’s exports to Italian market under EU-GSP+ concessions and the investment potentials, Minister Sujeewa Senasinghe addressed Sri Lanka Business Forum organized by the Embassy of Sri Lanka in Italy, Sri Lanka Consulate in Milan and the EDB, in association with Associazione Italiana Commercio Esterocalled AICE in Milan. This forum was held at the auditorium of AICE on 17th of October where it was attended over 70 potential buyers, importers, investors and the chamber representatives in Milan. AICE in Milan, having more than 70 years of history, has been helping Italian and foreign companies to do mutual business in Italy.
2017-10-30/ http://www.ft.lk/it-telecom-tech/EDB-participates-in-Intergovernmental-Group-of-Experts-on-E-Commerce-and-the-Digital-Economy/50-642443
Information and communications technologies (ICTs) are playing an increasingly important role in the implementation of the digitalisation of economic activities and trade which can support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalisation and growth of micro, small and medium-sized enterprises, including through access to ICT-enabled financial services.
2017-10-28/ http://www.ft.lk/front-page/Large-Lankan-private-sector-delegation-at-WEDF-in-Budapest/44-642324
Central Europe’s first ever World Export Development Forum (WEDF) in Hungary this week has drawn a large Sri Lankan private sector delegation put together by the Export Development Board.
2017-10-26/ http://www.ft.lk/front-page/Sri-Lanka-for-open-trade-and-investment--Malik-tells-WEDF-opening/44-642234
Development Strategies and International Trade Minister Malik Samarawickrama speaks at the first plenary of the World Export Development Forum in Budapest yesterday (25-10-2017)
2017-10-25/ http://www.ft.lk/top-story/World-Export-Development-Forum-kicks-off-in-Hungary-today/26-642182
The 2017 edition of the annual World Export Development Forum (WEDF) kicks off today in Budapest, Hungary under the theme ‘Trade – A Force for Good: Include, Innovate, Integrate’.
The Hong Kong Trade Development Council (HKTDC) and Sri Lanka Export Development Board (EDB) jointly organized a Business Seminar on "Explore Business Opportunities through Hong Kong" on Friday, 29th September, 2017 at Galle Face Hotel, Sri Lanka.
2017-09-07/ http://www.ft.lk/financial-services/HNB--EDB-launch-breakthrough-new-SME-Export-Credit-facility/42-639138
Sri Lanka’s most innovative bank, HNB PLC working in close collaboration with the Export Development Board of Sri Lanka (EDB) announced the launch of HNB SME Export Credit, a pioneering new facility specially designed to meet the requirements and aspirations of Sri Lanka’s burgeoning Small and Medium Enterprise (SME) sector.
The EDB organized a seminar on “Export opportunities in the Pakistan Market” with the objective of increasing awareness of the market opportunities available in the Pakistan market for Sri Lankan products.
2017-04-12/ http://www.dailymirror.lk/article/Development-Strategies-Ministry-and-EDB-conduct-symposium-on-NES--127115.html
The Ministry of Development Strategies and International Trade and the Sri Lanka Export Development Board (EDB) conducted the first national symposium for Sri Lanka’s National Export Strategy (NES) with more than 150 public and private sector representatives to plan the next export growth cycle of the country.
2017-04-11/ http://www.dailymirror.lk/article/Development-Strategies-Ministry-and-EDB-conduct-symposium-on-NES--127115.html
Following is the message by Minister of Development Strategies and International Trade Malik Samarawickrama, delivered to mark Sri Lanka’s First National Export Strategy Symposium held at the Temple Trees.
The Sri Lanka Gem and Jewellery Association announced the approach of the 26th edition of ‘FACETS’ Sri Lanka’s foremost annual International Gem and Jewelry Show.
Established in 1991 with the patronage of the state and private sectors, the show has become the pinnacle event in the industry calendar. To be held at the BMICH from September 1-4.
FACETS will be held under the patronage of President Maithripala Sirisena who will grace the event.
Chairman of FACETS Sri Lanka Juzar Adamaly said that the next goal of FACETS Sri Lanka is to establish Colombo as the Gem and Jewellery Hub of Asia. He made this remark while officially declaring the opening of 25th ‘FACETS Sri Lanka’ International Gem and Jewellery Exhibition in BMICH.
FACETS Sri Lanka 2015, the annual international gem and jewellery show, will be the flagship event of the sector.
More than 150 exhibitors will showcase their products from today till Sunday at the Sirimavo Bandaranaike Memorial Exhibition Centre. . “It is over a 10,000 foot fall this year throughout the four days of the exhibition. A large number of buyers from China have confirmed while over 100 international buyer delegation are expected to attend the show from China, India, Dubai, Singapore, Thailand, Hong Kong, USA, Russia, Norway and Germany,” one of the top gem and jewellery exhibitors Zam Gems Managing Director Ahsan Refai told the Daily News business.
