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EDB supports exporters to continue operations during latest travel restrictions and lockdowns of certain areas in the country

2021-05-15

EDB supports exporters to continue operations during latest travel restrictions and lockdowns of certain areas in the country

The Sri Lanka Export Development Board (EDB) has made arrangements to facilitate export-oriented industries based on the circulars issued by the Government Health Authorities to continue operations of their activities during lockdown of specific areas in the country and inter-provincial travel restrictions subject to stringent health regulations.

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Sri Lanka’s Export Performance January - March 2021

2021-04-28

Sri Lanka’s Export Performance January - March 2021

Sri Lanka surpassed $ 1 billion exports in March 2021 after a lapse of six months period. As per the Customs statistics, earnings from merchandise exports recorded double digit growth of 62.47% in March 2021 on y-o-y comparison – the March figure being US$ 1,066.1 Mn.

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Regulatory framework to develop boat building industry presented to implementing agencies

2021-03-30

Regulatory framework to develop boat building industry presented to implementing agencies

The regulatory framework to develop Sri Lanka’s boat building industry was officially handed over to the implementing agencies under the patronage of Minister of Trade, Hon. Dr. Bandula Gunawardena on 29th March 2021 at the Trade Ministry.

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Developing Export Potential Women Entrepreneurs

2021-03-25

Developing Export Potential Women Entrepreneurs

The EDB’s effort in developing and promoting export potential Women Entrepreneurs took a new turn when it established the “EDB Women Entrepreneur Cell” in 2017, with the main objective of linking women and their associated businesses to commercially viable opportunities and value chains across the world, enabling economic and community development.

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Continuous growth in exports in February 2021 amidst multiple challenges

2021-03-23

Continuous growth in exports in February 2021 amidst multiple challenges

Sri Lanka’s export earnings registered a growth of 2.52% with US$ Mn 993.73 in February, compared to the previous year, maintaining the growth momentum recorded during the last five months as per the provisional statistics released by Sri Lanka Customs. This is the highest export figure recorded for the month of February during the last five-year period.

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Sri Lankas Earnings from Exports reached to US$ 908.07 Mn in January 2021

2021-03-08

Sri Lankas Earnings from Exports reached to US$ 908.07 Mn in January 2021

Hon. Bandula Gunawardana, Minister of Trade urged the whole stakeholders to actively engage in assisting all exporters of the country in every possible manner during this turbulent period enabling exporters to strengthen our economy.

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EDB Chief spells out measures to aim for $ 16 b goods and services exports in 2021

2021-02-16

EDB Chief spells out measures to aim for $ 16 b goods and services exports in 2021

Sri Lanka Export Development Board (SLEDB) new Chairman Suresh de Mel this week expressed confidence of giving the best shot at realising a near $ 16 billion target for 2021 despite domestic and global challenges. This confidence stems from a plethora of new initiatives as well as fine-tuning existing endeavours to develop and boost exports.

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EDB forecasts near $ 16 b total exports in 2021

2021-02-15

EDB forecasts near $ 16 b total exports in 2021

The Sri Lanka Export Development Board (EDB) is forecasting a performance of $ 15.68 billion in merchandise and service shipments in 2021.

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2020 marks a successful year for Sri Lanka exports

2021-01-20

2020 marks a successful year for Sri Lanka exports

The US$ 13.5 billion export target set for merchandise export sectors in early 2020 remains challenging, requiring not only strong efforts from local enterprises, but also the recovery of global demand amid complicated Covid-19 situation. Amid severe impacts of the Covid-19 pandemic, Sri Lanka’s merchandise exports remain at US$ 9.9 billion in 2020, which is a 104 % achievement from the revised forecast of US$ 9.5 billion.

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EDB successfully completes capacity-development webinar series for exporters and SMEs in 2020

2020-12-24

EDB successfully completes capacity-development webinar series for exporters and SMEs in 2020

The Sri Lanka Export Development Board (EDB) last week successfully completed its 30 th capacity-development webinar session to the exporter community and SMEs. Due to the current COVID-19 pandemic situation of the country, the EDB could not carry out its conventional capacity development programmes such as workshops and seminars, due to the health regulations imposed on people-gathering activities.  As an alternative method, online sessions were conducted to enhance the capacity and knowledge of exporters and SMEs in Sri Lanka.

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The Road to Measuring Sri Lanka's Logistics Economic Footprint

2020-08-27

The Road to Measuring Sri Lanka's Logistics Economic Footprint

Against a transformative and competitive regional backdrop, Sri Lanka aspires to become South Asia’s logistics hub. The leading impetus to this ambitious vision is Sri Lanka’s National Export Strategy (NES); and its prominence to the logistics industry. Directly employing roughly over 50,000 people industry-wide, the sector has an ambitious vision to grow from a traditional transshipment hub to a regional logistics center. Recognized as one of the fastest-growing transshipment hubs in the world, Sri Lanka offers a unique package of innovative multi-modal logistics services.

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Wellness webinar series enlightens stakeholders to the potential of the sector

2020-07-28

Wellness webinar series enlightens stakeholders to the potential of the sector

Bringing the best of Wellness Tourism to a domestic audience, the Sri Lanka Wellness Tourism Association (SLWTA) and the Export Development Board (EDB) concluded its third and final webinar of a tri-part series – Wellness: A New Paradigm in Sri Lankan Tourism, recently. Culminating with its final session on 10 July, a panel of high-profile industry experts comprising of Prof. Lal Chandrasena, GM, Nawaloka Hospitals; Dr. Lakith Peiris, MD, Hemas Hospitals; Dr. Shantha Godagama, President, UK Ayurvedic Medical Association; Dr. Palitha Serasinghe, Founder and Chairman of Setramed UK; Shalin Balasuriya, Co-Founder of SPA Ceylon; shared several exceptional insights, with Trevor Reckerman, Chairman, SLWTA summarising how Sri Lanka can position itself in the global wellness industry, through a well structured national action plan.

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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.

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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.

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EDB Chief wants export boom to be everyone’s priority

2020-01-31

EDB Chief wants export boom to be everyone’s priority

Export Development Board (EDB) Chairman Prabhash Subasinghe yesterday urged that boosting exports must be everyone’s priority, as the key agency set an ambitious yet achievable target of $ 18.5 billion this year, up by 15% from 2019. EDB revealed that as per provisional data, last year Sri Lanka’s total merchandise and service exports amounted to $ 16.14 billion up by 1.44% from 2018. The composition was merchandise exports were $ 11.9 billion, up 0.13% and service exports were $ 4.2 billion, up by 5.3% from 2018. EDB originally targeted $ 18.5 billion exports for 2019, and the estimated performance reflects achievement of 87% of the goal.

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Sri Lankan Pavilion organized by the EDB at Anuga International Food Exhibition in Cologne, Germany

2019-12-11

Sri Lankan Pavilion organized by the EDB at Anuga International Food Exhibition in Cologne, Germany

The Export Development Board (EDB) in collaboration with the Sri Lanka Consulate in Frankfurt facilitated participation of Sri Lankan exporters at Anuga 2019, one of the leading world food exhibitions held in Cologne Germany from 5th – 9th 2019.

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Sri Lankan firms secure fruitful results at China International Import Expo

2019-11-27

Sri Lankan firms secure fruitful results at China International Import Expo

The Export Development Board (EDB), in collaboration with the Sri Lanka Consulate General in Shanghai, facilitated Sri Lanka’s participation in the second China International Import Expo (CIIE) held in Shanghai, China from 5-10 November.

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Lankan FinTech companies participate in Singapore Fintech Festival 2019

2019-11-19

Lankan FinTech companies participate in Singapore Fintech Festival 2019

Funded by the Economic Diplomacy Program of the Ministry of Foreign Affairs, 12 Sri Lankan FinTech companies participated in the Singapore Fintech Festival (SFF) 2019 following a successful project proposal submitted by the Sri Lanka High Commission in Singapore. This is the first occasion that Sri Lanka participated at the Festival.

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Sri Lanka’s first ever participation at Grocery Innovation Canada (GIC) 2019

2019-11-13

Sri Lanka’s first ever participation at Grocery Innovation Canada (GIC) 2019

Sri Lanka Export Development Board organized an Export Promotional Mission to Toronto in Canada from 20 to 23 October 2019 in collaboration with the Sri Lanka Consulate in Toronto. The Ministry of Foreign Affairs of Sri Lanka partnered under the Economic Diplomacy Program (EDP) which enabled to organize Sri Lanka Pavilion at GIC in successful manner.

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Sri Lanka Wellness Tourism Sector Participation at the “World Travel Market (WTM) London 2019”

2019-11-06

Sri Lanka Wellness Tourism Sector Participation at the “World Travel Market (WTM) London 2019”

The wellness pavilion at the World Travel Market (WTM) 2019 was formally inaugurated with the ribbon-cutting and opening ceremony attended by H.E the High Commissioner of the Sri Lanka High Commission in UK, Sri Lanka Tourism Promotion Bureau, Sri Lanka Export Development Board and representatives from the participating companies of the Sri Lanka’s Wellness Tourism Industry.

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