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Amendments to Food Act on the Cards

2016-12-26

Amendments to Food Act on the Cards

Steps will be taken to amend the Food Act to suit the present times and also support the food processing industry which has enormous potential, State Minister of International Trade Sujeewa Senasinghe told the 10th Exporters Forum at the Export Development Board (EDB) recently.

The Minister was responding to issues raised by meat processors with regard to the excessive time taken to test the quality of food before processing for exports. He said it is time to amend the Food Act which is around 30 years old. The time taken to complete the tests and then process food is too long. It should be done within 10 days as in other countries. “A meeting comprising stakeholders of the food processing industry and quality certifying institutions will be held shortly to solve the issue,” the Minister said.

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Govt. plans to ban cinnamon imports

2016-12-19

Govt. plans to ban cinnamon imports

The Government is preparing to revamp entreport schemes for re-exporting key spices from Sri Lanka including pepper, cloves, nutmeg and mace to protect Sri Lanka’s reputation for quality while banning cinnamon imports.      

The proposal spearheaded by the Primary Industries Ministry has already received Cabinet approval and aims to put in place several fresh policies to ensure that spices re-exported from Colombo port are not diluted or incorrectly labelled as originating from Sri Lanka.

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EU, UN launch Rs. 1 billion project to boost SL trade

2016-11-16

EU, UN launch Rs. 1 billion project to boost SL trade

The Sri Lankan Government has joined forces with the European Union in embarking on a four-year, 8 million Euro (Rs. 1.3 billion) project, geared towards increasing Sri Lanka’s trade competitiveness in regional and European markets.

The project will be implemented by the International Trade Centre (ITC) and United Nations Industrial Development Organisation (UNIDO) in collaboration with the Sri Lankan Department of Commerce.

Meanwhile, a steering committee co-chaired by the Ministry of Policy Planning and Economic Affairs and the Delegation of the European Union will provide overall direction to the project. Competent national level agencies and apex business entities will also support work-plan development and implementation of activities.

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EDB joins hands with JEDB to promote export oriented commercial agriculture

2016-11-16

EDB joins hands with JEDB to promote export oriented commercial agriculture

Sri Lanka Export Development Board (EDB) and the Janatha Estates Development Board (JEDB) has brought together synergies and resources of both organisations for attracting local investors to set up Commercial Agriculture Projects in underutilised and unutilised lands available in JEDB Estates. The private sector, particularly the export community hails this initiative in the backdrop of declining country’s exports.

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BOI roundtable conference for officials and entrepreneurs from China

2016-11-13

BOI roundtable conference for officials and entrepreneurs from China

A delegation from China led by Sui Zhong Cheng, Vice Governor of Jilin Province consisting of 33 officials and entrepreneurs from that province visited the BOI with the purpose of exploring avenues for trade and investment.

 The delegation was welcomed by Upul Jayasuriya BOI Chairman and Duminda Ariyasinghe Director General Indira Malwatte, Chairperson of the Export Development Board was also present.  BOI had organized a roundtable conference where the high powered delegation from China met senior officials of the BOI and Export Development Board.

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Jeevani new DG at EDB

2016-10-03

Jeevani new DG at EDB

Jeevani Siriwardena has been appointed the new Director General of the Sri Lanka Export Development Board (EDB).

She joined EDB as a Management Trainee in 1984. She counts over 20 years of experience at EDB in Product Management and over 10 years in the Market Development Divisions of EDB.

She handled the product and market development activities of the apparel export sector during its early growth phase and also led the development activities of the other industrial and agricultural product sectors.

Siriwardena has led several overseas marketing missions involving the private sector while also being a part of a number of presidential business delegations. She has extensive foreign market exposure, including in countries such as the US, Europe, South Africa, Japan, China and India. She also served as the Officer in Charge of the EDB-initiated Sri Lanka Trade Centre in Chennai for 15 months.

For a span of two years she worked as a visiting lecturer at the University of Colombo, prior to joining EDB.

She obtained a Bachelor of Commerce Special Degree (second class) in 1982 and a Master’s in Business Studies (Merit) from the University of Colombo. She is also an Associate Member of the Chartered Institute of Marketing, UK.

Siriwardena had her primary education in Matara where her father served as the AGA and then entered University from Visakha Vidyalaya, Colombo where she obtained colours for tennis and won the national junior and juvenile silver medal for badminton.

At Colombo University she got colours for tennis, badminton and table tennis and captained the men’s and women’s tennis team of the University of Colombo in 1982, winning the Inter-University Challenge Trophy. 


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Punjab performs well to improve entrepreneurship

2016-09-28

Punjab performs well to improve entrepreneurship

Chairperson, CEO Export Development Board (EDB), Sri Lanka, Ms Indira Malwatte says Punjab is performing well in improving entrepreneurship through technology in Pakistan. She was addressing a meeting held at Arfa Tower during her visit to Punjab IT Board (PITB) on Tuesday. Chairman PITB, Dr Umar Saif gave a detailed presentation to her on Plan9 and other most flourishing ICT projects and explained how ICT ventures had viably improved methods of governance in Punjab.


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Minister samarawickrama meets with wedf organizers and sponsors to discuss progress one month ahead of conference

2016-09-21

Minister samarawickrama meets with wedf organizers and sponsors to discuss progress one month ahead of conference

Minister of Development Strategies and International Trade, The Honourable Malik Samarawickrama together with the Chairperson and Chief Executive of the Sri Lanka Export Development Board (EDB) Mrs. Indira Malwatte met with the organizing committee and sub committee members, as well as sponsors and partners for a progress review meeting of the World Export Development Forum (WEDF) 2016.

“This is one of the biggest events the new Government has undertaken,” Minister Samarawickrama stated, “And we are well on track to making it an exceptional global conference.” As of the date of this meeting, the conference had 361 registered foreign participants, and 282 registered local participants, a number that is rapidly growing, with more registrations expected within the one-month countdown for the event.

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Special exhibition to showcase best of Sri Lankan products at WEDF 2016

2016-09-01

Special exhibition to showcase best of Sri Lankan products at WEDF 2016

Close to 40 of the most elite brands in Sri Lanka will be displaying the best of local products at a special exhibition that will coincide with the World Export Development Forum (WEDF) 2016. With the global summit scheduled to be held in Sri Lanka on 12 and 13 October this year, Sri Lankan enterprises such as Brandix  Apparel Ltd., MAS Holdings, Akbar Brothers, Ceylon Tea Services, Camso Loadstar, Virtusa, 99X  Technology, Gem Paradise and H.D. De Silva & Sons are ready to demonstrate their capabilities on a global platform. 

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Sri Lanka participates for first time in prestigious New York Trade Fair

2016-08-25

Sri Lanka participates for first time in prestigious New York Trade Fair

The Sri Lanka pavilion at the ‘Artisan Resource at NY NOW 2016’ trade fair was declared open by Dr. Rohan Perera, Ambassador and Permanent Representative of Sri Lanka to the United Nations, New York on 21 August at the Jacob Javits Center, New York.  Seven Sri Lankan companies participated at the Trade Fair through the Sri Lanka Exports Development Board where they were able to display giftware and lifestyle products manufactured in Sri Lanka.

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World Export Development Forum 2016 to tackle pressing topics in regional and global trade

2016-08-22

World Export Development Forum 2016 to tackle pressing topics in regional and global trade

The 16th edition of the World Export Development Forum (WEDF) will see global business leaders, policy makers and heads of trade discuss issues ranging from transitioning trade environments, transparency and traceability to business strategies and trade policies across the world.

The Sri Lanka Export Development Board (SLEDB) together with the International Trade Centre (ITC) announced the finalised agenda of the two-day conference themed ‘Trade for Success: Connect, Compete, Change’, scheduled to be held on 12 and 13 October.

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Govt. is revitalising Sri Lanka’s export competitiveness: Malik

2016-08-11

Govt. is revitalising Sri Lanka’s export competitiveness: Malik

Development Strategies and International Trade Minister Malik Samarawickrama on Tuesday declared that the Government was revitalising Sri Lanka’s export competitiveness with a host of far-reaching initiatives.

He offered this outlook during his presentation at the Presidential Export Awards ceremony. Following are excerpts.

It is my pleasure to be here this afternoon and to address you at this Presidential Awards ceremony. Let me also thank His Excellency Maithripala Sirisena our President, who will be with us shortly, in spite of his very busy schedule. This clearly confirms His Excellency’s commitment to assisting and encouraging our exporters.


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High-profile-list-of-international-speakers-to-take-the-stage-at-WEDF-2016

2016-08-08

High-profile-list-of-international-speakers-to-take-the-stage-at-WEDF-2016

President Maithripala Sirisena and Minister of Development and International Trade Malik Samarawickrama will lead the line-up of high-profile speakers including policy makers, trade experts, trade analysts and global business leaders, set to speak at the World Export Development Forum (WEDF), scheduled to be held on 12 and 13 October in Colombo, Sri Lanka.

The International Trade Centre (ITC) together with the Ministry of Development Strategies and International Trade of Sri Lanka, through the Sri Lanka Export Development Board (EDB), organises the global summit. ITC Executive Director Arancha Gonzalez will also take the stage on the opening day of the event together with the President of Sri Lanka, to start off the two-day event.


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EDB’s 20th Presidential Export Awards on 9 August

2016-08-04

EDB’s 20th Presidential Export Awards on 9 August

The 20th Presidential Export Awards Ceremony organised by the Sri Lanka Export Development Board (EDB) will be held under the patronage of President Maithripala Sirisena on 9 August commencing at 3 p.m. at the Bandaranaike Memorial International Conference Hall (BMICH).

The Presidential Export Awards (PEA) initiated by EDB in 1981 is the most prestigious award for exports in Sri Lanka and is presented to exporters who have made a significant contribution to Sri Lanka’s exports.

This year’s ceremony will recognise and salute the exporters for their excellence in the years 2014 and 2015 and the awards symbolise the national recognition of the exporters, particularly in non-traditional products and services.

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FACETS International Gem and Jewellery Show in September

2016-08-03

FACETS International Gem and Jewellery Show in September

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.

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Sri Lanka Plast 2016 exhibition kicks off on Friday

2016-08-03

Sri Lanka Plast 2016 exhibition kicks off on Friday

Sri Lanka Plast 2016, the main exhibition with focus on plastics processing and Rubexpo  focused on manufacturing of rubber related products and services is scheduled to take place from 5 to 7 August at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo.

This would be the third edition of the event taking place in Sri Lanka which is organised by Enterprising Fairs (India) Ltd. The event will be organised together with The Plastics and Rubber Institute of Sri Lanka (PRISL) and supported by Ministry of Industry and Commerce Sri Lanka, Export Development Board (EDB), Industrial Development Board (IDB) and the Rubber Research Institute of Sri Lanka.

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Sri Lanka promotes pharmaceutical exports

2016-07-31

Sri Lanka promotes pharmaceutical exports

Pharmaceutical exports from Sri Lanka in the future are expected to surpass earnings of tea export revenue, reports sundaytimes.lk.  This was revealed at a media briefing convened in connection with the launching of a Pharmaceutical Manufacturing project at the the Koggala Export Processing Zone.

The largest state of the art Pharmaceutical Manufacturing plant will be set up at the Koggala Export Processing Zone with an investment of US Dollars 30 million to dispense quality drugs to needy Sri Lankans at an affordable price and for export purposes.

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Swedish trade delegation adds to growing momentum ahead of WEDF 2016

2016-07-25

Swedish trade delegation adds to growing momentum ahead of WEDF 2016

Strengthening the gathering momentum ahead of the World Export Development Forum (WEDF) 2016, to be held in Colombo, Sri Lanka on the 12th and 13th of October, a trade delegation representing Sweden has confirmed their participation. The two-day summit heralded to be an unprecedented benchmark for the export industry of the country, is organised collaboratively by the Export Development Board of Sri Lanka (EDB) and the International Trade Centre (ITC).

Participation of the Swedish delegation was confirmed at a meeting between Secretary General Leif Ivan Ohlson of the Sweden-Sri Lanka Business Council headquartered in Stockholm, with  EDBChairperson  Indira Malwatte, held last week.

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Top local corporates partnering with EDB to stage World Export Development Forum 2016

2016-07-18

Top local corporates partnering with EDB to stage World Export Development Forum 2016

Sujeewa Senasinghe, State Minister of International Trade together with Anura de Silva, State Secretary of the State Ministry of International Trade and Indira Malwatte, chairperson and Chief Executive of the Sri Lanka Export Development Board (EDB), welcomed on-board key sponsors and partners of the World Export Development Forum (WEDF) 2016 at a press conference held at the EDB recently. Fazal Mushin – WEDF 2016 co-chairman also present for the proceedings.

DFCC Bank PLC - Exclusive Banking Partner for the event, and Brandix- Exclusive Apparel Partner representing Sri Lanka’s apparel sector, handed over the sponsorship pledges to State Minister Senasinghe. Both organizations are Platinum Sponsors of the event.

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EDB Chairperson Indira Malwatte 1st Sri Lankan woman to receive WIFTS lifetime achievement award

2016-07-05

EDB Chairperson Indira Malwatte 1st Sri Lankan woman to receive WIFTS lifetime achievement award

WIFTS Foundation International Visionary Awards 2016 was held at the Millennium Hotel in London UK among a distinguished gathering of international women achievers on 2 July. The Women’s International Film and Television Showcase (WIFTS) is an organisation dedicated to bringing women together from all walks of life through the art form of film and television, business, the humanities and the environment.

The 2016 WIFTS Lifetime Award for Business and Economics was awarded to Indira Malwatte who holds the key post of Chairperson and Chief Executive of the Sri Lanka Export Development Board (EDB), a vital role in the world business stage. Indira has committed nearly 40 years of her life to export development and promotions both in the state and private sector locally and internationally, with many achievements to her career. The Government of Sri Lanka, considering her unique talents and hands-on experience in the state and private sectors, appointed her as the first female to hold EDB’s top position and to lead Sri Lanka’s export drive in very challenging times.

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