The global trading environment is changing rapidly with global production networks and global value chains. The developments are a result of product fragmentation; cross boarder dispersion of component production/assembly. Each country specializes in a particular stage of production sequence and trades the value added components which ultimately results in the final product.
2017-12-08/ http://www.ft.lk/business/Turkey-s-DeriDesen-interested-in-starting-production-in-Sri-Lanka/34-644796
Istanbul-based Turkish label manufacturer DeriDesen has expressed interest in starting a production plant in Sri Lanka.
2017-12-08/ http://www.dailymirror.lk/article/Strong-uptick-in-exports-and-FDIs-latest-data-shows-141816.html
As Sri Lanka’s pro-growth reforms gather pace, amidst an improving external economic environment, exports and Foreign Direct Investments (FDI) have shown substantial increases this year compared to last year, the Development Strategy and International Trade Ministry said.
The Trade Development Authority functioning under the purview of Ministry of Commerce of Pakistan organised the 10th Expo Pakistan from 7 to 9 November at Karachi Expo Centre, Pakistan.
The Ministry of Development Strategies and International Trade in collaboration with the Export Development Board (EDB) organized the 12th Exporters Forum at the EDB Auditorium on 21th November 2017.
The Export Development Board (EDB) together with the Development Strategies and International Trade Ministry and International Trade Centre (ITC) held the final consultative meeting of the National Export Strategy (NES) with its line ministries and private sector stakeholders to chart the next export growth cycle of the country in Colombo yesterday.
Sri Lanka’s economy needs to transform itself to ensure that the nation’s aspirations to reach higher middle income status by the year 2020 are met and achieved. This transformation can take place by introducing innovative and radical changes to Sri Lanka’s current economic development model.
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.
Sri Lanka and Hungary this week renewed their commitment to boost bilateral ties, with the two countries entering into an economic cooperation agreement later this year.
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.
The EDB organized a seminar for Women Entrepreneurs on Thursday, 21st September 2017 in District Secretariat, Monaragala with the objective of development of women entrepreneurs to enter to the international market.
A 15-member delegation led by Myoung-jin Shin, Chairman and CEO of the Korea Importers Association (KOIMA), visited Sri Lanka earlier this month on the invitation of the Sri Lanka Embassy in South Korea and the Sri Lanka Export Development Board (EDB) to explore business and investment opportunities in diverse areas.
The EDB entered into a Letter of Understanding (LoU) with the PUM Netherlands Senior Experts with a view to supporting particularly export oriented Small and Medium Enterprises (SMEs) by obtaining services of PUM experts from mainly Europe in the areas of technology transfer, process improvement, product development, capacity building and training needs.
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.