• Alt

    Sri Lanka's Apex Organisation for Export Promotion

    Explore

EDB News

News

EDB licenses ‘Ceylon Spices’ trademark to preserve originality

2020-07-27

EDB licenses ‘Ceylon Spices’ trademark to preserve originality

To strengthen quality and preserve originality, the Export Development Board (EDB) has kicked-off licencing of ‘Ceylon Spices’ trademark for qualifying producers, processors and exporters of cinnamon, pepper, clove, nutmeg and mace as well as cardamom.

Read More

EDB’s pioneering initiatives to develop the Wellness Tourism industry

2020-07-22

EDB’s pioneering initiatives to develop the Wellness Tourism industry

Sri Lanka’s Wellness Tourism industry received a new impetus when the Sri Lanka Export Development Board (EDB) recognized Wellness Tourism as a thrust sector under the National Export Strategy (NES) 2018-22, as the island has natural and traditional endowments that can be used to develop a sustainable Wellness Tourism industry. Ever since then, the EDB has undertaken ground-breaking initiatives to make Wellness Tourism one of the top income earners of the country.

Read More

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.

Read More

The bounce is back - Export Performance June 2020

2020-07-18

The bounce is back - Export Performance June 2020

Earnings from merchandise exports rebounded in June 2020 to US $ 906.02 Mn as per the Customs statistics, with the export sector progressively commencing actions following the relaxation of lockdown measures and the recovery of both domestic and global supply and demand chains to some extent.

Read More

National Export Strategy for a prompt COVID-19 recovery

2020-07-17

National Export Strategy for a prompt COVID-19 recovery

The world economy is in partial paralysis. The COVID-19 ripple effect is more than just a recession, it’s causing a global economic shutdown. The virus that initially triggered a supply and demand shock in China spread throughout the world creating shocks that amplified the impact; not just in the flows of trade and tourists, but also in global financial markets...........

Read More

Spa Ceylon crosses 100 stores globally

2020-07-09

Spa Ceylon crosses 100 stores globally

Spa Ceylon has reaffirmed its position as the world’s largest luxury Ayurveda chain, with their 100th store recently opening in Lisbon, Portugal, followed by the 101st in Warsaw, Poland and 102nd in Bratislava, Slovakia.

Read More

The New Paradigm in Sri Lanka Tourism: Exploring the untapped potential of Sri Lanka’s wellness sector

2020-07-07

The New Paradigm in Sri Lanka Tourism: Exploring the untapped potential of Sri Lanka’s wellness sector

An esteemed panel of local and international experts from the wellness tourism industry have agreed that Sri Lanka has all the necessary attributes to become a leading global wellness player. The comments were made during the first session of a three-part webinar series, held on 3rd July, highlighting the untapped potential of Sri Lanka’s wellness tourism sector.

Read More

EDB steps up efforts to preserve Ceylon Cinnamon

2020-07-03

EDB steps up efforts to preserve Ceylon Cinnamon

The Export Development Board (EDB) is stepping up efforts to further preserve Ceylon Cinnamon, with plans to establish an Internal Control Mechanism.

Read More

EDB steps up support for organic exports

2020-07-02

EDB steps up support for organic exports

The Export Development Board (EDB) has stepped up its support for organic exports, initiating a funding scheme for growers and processors.

Read More

Despite COVID 19 pandemic Sri Lanka’s global image rose phenomenally

2020-06-23

Despite COVID 19 pandemic Sri Lanka’s global image rose phenomenally

Sri Lanka Export Development Board’s Director of the Export Agriculture Division Malani Baddegamage in an interview with Daily News Finance yesterday, stressed that Sri Lanka’s global image rose phenomenally following the outbreak of COVID 19 as buyers were convinced with the manner that the Government controlled the spread of global pandemic.

Read More

Export Performance – May 2020

2020-06-22

Export Performance – May 2020

Merchandise exports for the month of May 2020 has bounced back to US$ 602 Mn, compared to the previous month of April which was only US $ 277 Mn according to the customs provisional statistics.

Read More

Expo 2020 Dubai postponed by a year

2020-06-09

Expo 2020 Dubai postponed by a year

Expo 2020 Dubai is gearing up to help shape a post-pandemic world and create a better future for all after a two-thirds majority of Bureau International des Expositions (BIE) Member States voted in favour of postponing the next World Expo by one year.  This global mega event will now run from 1 October 2021 to 31 March 2022.

Read More

Fast-tracking export resilience: Renewed thinking, renewed strategies

2020-06-03

Fast-tracking export resilience: Renewed thinking, renewed strategies

Exports play an important role in a country’s economy as they influence the level of growth, employment and balance of payments. For Sri Lanka, the focus on exports is now more important than ever, as the island nation looks to bring in foreign currency to boost the economy.

Read More

Export Performance – April 2020

2020-05-21

Export Performance – April 2020

According to Customs monthly provisional exports statistics, merchandize export earnings have recorded a historical decrease by nearly 64% to US $ 277.4 Mn from US $ 772.57 Mn documented in April 2019.

Read More

Sri Lanka’s IT-BPM industry: A beacon of resilience in the face of COVID-19

2020-05-19

Sri Lanka’s IT-BPM industry: A beacon of resilience in the face of COVID-19

‘Drifting the curve’ is the SLASSCOM industry strategy for building momentum to come out of the ‘corner’ (current situation) stronger. When race car drivers approach a bend on the track, unlike ordinary drivers who slow down, they accelerate. This is known as ‘drifting the curve’. It’s all about how much momentum you have when you come out of the corner.

Read More

How Sri Lanka could thrive as an ideal higher education destination

2020-05-18

How Sri Lanka could thrive as an ideal higher education destination

With Sri Lanka being commended for its highly successful measures in containing the novel coronavirus which led to a global pandemic whilst many developed nations failed to do so, it is an ideal moment for the country to be positive and turn this crisis into an opportunity especially when it comes to higher education.

Read More

Export Performance – March 2020

2020-04-29

Export Performance – March 2020

According to monthly exports statistics, merchandize export earnings have decreased by nearly 42% to US $ 646 Mn from US $ 1112 recorded in March 2019.

Read More

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.

Read More

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.

Read More

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.

Read More