Opening a new chapter to link local exports to global value chains, Prime Minister Ranil Wickremesinghe yesterday launched the National Export Strategy (NES) as the latest Government effort to boost foreign exchange earnings and employment.
The much-awaited five-year National Export Strategy (NES) that lays emphasis on diversification of exports through strengthening of emerging sectors to chart the next export growth cycle of Sri Lanka will be unveiled under the patronage of Prime Minister Ranil Wickremesinghe today (19-07-2018) at a ceremony at the Temple Trees, Colombo.
2018-07-18/ http://www.dailymirror.lk/article/-th-Edition-of-FACETS-celebrating-Sri-Lanka-s-most-sparkling-resources-152959.html
On the 18th of July 2018 at a press conference held at the OZO in Colombo, the Sri Lanka Gem & Jewelry Association announced the launch of the 28th edition of the FACETS International Gem & Jewelry Exhibition.
A Memorandum of Understanding was signed between the Board of Investment of Sri Lanka, the Export Development Board of Sri Lanka and Business France today. (13 July 2018)
The NES is a comprehensive and carefully structured five-year strategy aimed at increasing exports and generating enhanced revenue for Sri Lanka’s SMEs and exporters. The implementation of this endeavour will witness the increasing of Sri Lanka’s export revenue to USD$ 28 billion by 2022.
Sri Lanka Association of Non- State Higher Education Institutes (SLANSHEI) is an umbrella organization formed in the year 2016 through the initiation of seven leading private institutes working for a common set of goals aimed at addressing the needs of the non-state higher education sector in the country. The seven founding members comprised of Sri Lanka Institute of Information Technology ( SLIIT), Colombo International Nautical and Engineering College ( CINEC), Horizon Campus (HC), Asian Pacific Institute of Information Technology ( APIIT), Chartered Accountants of Sri Lanka (CA Sri Lanka), Aquinas and South Asian Institute of Technology and Management (SAITM). Apart from these institutes, Saegis, KIU and Gateway Graduate School have currently gained its full membership.
The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in Thailand organized a Technical Exposure and Capacity Building Programme for 13 export ready SMEs identified under 2000 New Exporters Development Programme including Women Entrepreneurs, coinciding with the “THAIFEX - World of Food Asia-2018” from May 28 to June 2, 2018 in Thailand.
The 14th Exporters’ Forum Chaired by Hon.Sujeewa Senasinghe’State Minister of International Trade was held on Friday 22nd June, 2018 at the EDB Auditorium.
There is an old saying, “Behind Every Successful Man, There is a Woman.” That is a proven truth in the Sri Lankan society. Nalin Herath, the proprietor of Ecoeye Lanka (Pvt) Ltd., is a man of courage.
Being the Strategic Partner of the Sri Lanka Investment and Business Conclave 2018 organized by the Ceylon Chamber of Commerce (CCC) 2018 from 19th to 21st June 2018, the EDB collaborated with CCC in organizing foreign buyers delegation for the event considering the benefits that will accrue to the development of exports through establishment of trade links, creating investment opportunities into the export sectors and image building efforts of the country.
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.
2018-06-19/ http://www.dailymirror.lk/article/EDB-says-National-Export-Strategy-ready-for-Cabinet-approval--151455.html
The Sri Lanka Export Development Board (EDB) yesterday said the National Export Strategy (NES) it has designed in collaboration with the export sector stakeholders is ready to be presented to the Cabinet of Ministers for approval.
Sri Lanka’s footprint in global boats and shipping sector may be smaller, but Lankan exports in it continue to surge in strong numbers. As a result Sri Lanka is ambitiously positioning for $ 200 million boats and shipping exports by 2022.
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.
The Export Development Board (EDB), the apex body for exports in the country, will launch its provincial office in Jaffna tomorrow in a bid to encourage domestic enterprises to invest in export industries and facilitate regional entrepreneurs to explore new business opportunities.
2018-06-06/ http://www.ft.lk/front-page/EDB-adds-wellness-tourism-to-export-basket-from-this-year/44-656626
The Export Development Board (EDB) announced that ‘wellness tourism’ would be added to the export basket from this year onwards, setting an initial $ 2 million target for the sector.
Notwithstanding the global trade decline and sanctions, Sri Lanka has set an ambitious export earning target of $17.4 billion by the end of this year, with 29% of the total target being achieved in the first four months.
The 22nd Presidential Export Awards organised by Sri Lanka Export Development Board (EDB) will be held on 18 September under the patronage of President Maithripala Sirisena at the Bandaranaike Memorial International Conference Hall (BMICH).
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.
Officials of the Sri Lanka Export Development Board (EDB) discussed the forthcoming National Export Strategy (NES) and other key initiatives of the agency with top Harvard economist Prof. Ricardo Hausmann last week (16 May).