Plastics, Rubber make promising start in 2014

Lanka Business today - 22/03/2014

The Plastics and Rubber Industry in Sri Lanka (PRISL), the apex organization focused on the training and development of manpower needed to the emerging requirements of the plastics and rubber based industries in Sri Lanka, has successfully accomplished three significant events

A Joint venture with the Ministry of Industry and Commerce

PRISL achieved a significant milestone in its history of 55 years when it launched a training programme on the practical aspects of rubber processing technology, with the support of Rishad Bathiudeen, Minister of Industry and Commerce.

Tribute to Mr. Victor Santiapillai – The First Chairman of EDB

Asian Tribune - 23/03/2014
By : T.K. Premadasa

Victor Santiapillai - First Chairman of EDB

It was deeply saddened to hear the demise of Mr. Victor Santiapillai , the first Chairman of EDB early this month. Nation has lost a great personality who rendered an outstanding performance of duty for development of our Motherland. Mr. Santiapillai was recognized by international business community in high esteem.

Mr. Santiapillai after his preliminary education entered the University of Ceylon for higher studies. Later he joined Sri Lanka Civil Service. He was involved in bi-literal and multi-lateral trade development during his long career representing Sri Lanka at various forums etc. All his life dedicated for the trade development of Sri Lanka. His experience on commercial policy, trade and commodity agreements, market research and trade promotion comprehensively helped economic development of the nation.

Norwegian GSP+ opens $ 100 b market for Sri Lanka

Daily Finance Times - 20/03/2014

• Norwegian Customs offers hands-on support in Colombo for first time
• Post-war Lanka demonstrated strong growth: Norwegian Ambassador
• Norwegian openings for Lankan textiles, tea and rice: Norwegian Customs
• 'Norway a gateway to Scandinavian market: EDB’s Egodage

As bilateral trade soared by a strong 26%, Norway, the gateway market to Scandinavia and the third highest per capita market in the world, called Sri Lanka on 18 March to step forward and grab promising opportunities available with it.

“There are many niche markets for your products and new opportunities are available in Norway. The new Norwegian GSP Plus involves lower middle income countries with populations of less than 75 million. Sri Lanka therefore qualifies as a GSP Plus country. As result, Sri Lanka now receives better market access to Norway,” announced Ambassador of Norway in Colombo Grete Lochem on Tuesday.
Lochem was addressing the EDB-facilitated seminar on the Norway GSP+ scheme at the EDB auditorium, Colombo.

Kithulaka Varuna Exhibition and Trade Fair at Sudarshi Sinhala Cultural Centre

Daily Finance Times - 21/03/2014

The Ministry of Traditional Industries and Small Enterprise Development has organised the Kithulaka Varuna Exhibition and Trade Fair from 4 to 6 April 2014 at the premises of the Sudarshi Sinhala Cultural Centre opposite the BMICH.

This is an annual exhibition and trade fair held every year before the Sinhala and Tamil New Year to popularise and promote Kithul products. This exhibition will be opened to the public from 9 a.m. to 9 p.m. on all three days. Admission is free and it is open for public.

Minister of Economic Development Basil Rajapaksa will be the Chief Guest for this program, along with Minister of Traditional Industries and Small Enterprise Development Douglas Devananda providing the leadership and strategic guidance to take the kithul sector forward with the support of the Deputy Minister Weerakumara Dissanayake.

Secretary, Ministry of Traditional Industries and Small Enterprise Development V. Sivagnanasothy said that this three day exhibition and trade fair has been organised by the ministry with its implementing agency the Industrial Development Board (IDB) and with the participation of other stakeholders such as the Industrial Technology Institute (ITI), National Engineering Research and Development Centre (NERD), Sri Lanka Standard Institute (SLSI), Department of Export Agriculture, Department of Forests and Export Development Board (EDB).

EDB organises Lanka pavilion for Kunming Fair

Daily News - 19/03/2014

The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in China will organize a Sri Lanka pavilion at the second China South Asia Exposition to be held at the Kunming International Convention and Exhibition Centre, from June 6 to 10, 2014

This exposition is sponsored by the Ministry of Commerce of China and the Government of Yunnan province to promote import products from the South Asian region .

Applications are expected from manufacturers and exporters from the categories such as food and beverages (tea, spices and kitchen essentials, processed food products, fish and related fishery products and fresh fruits and vegetables), agri products (cut flowers and foliage, coir and coir products), gems and jewellery, garments and textiles, ceramics and porcelain products, handicrafts (high quality handicrafts, batiks, artificial fashion jewellery), healthcare products (herbal products, personal care products) finally industrial products such as rubber and based products, paints and varnishes, automobile spare parts, bicycle products, electrical products and activated carbon.

Steps taken to expand Gem and Jewelry exports

news.lk - 18/03/2014

Sri Lanka’s Gem and Jewelry Industry is emerging as one of the biggest foreign exchange earning industry for the country. The Gem and Jewellery Authority has implemented many measures to uplift the industry.

These includes holding periodical exhibitions locally and in foreign countries and providing facilities for gem miners and establishing partnerships with other gem exporting countries in the world.

As a result of these activities Myanmar has invited Sri Lanka to establish cooperation in the industry.  Deputy Minister of Industry and Commerce Lakshman Wasantha Perera said that with this new initiative from Myanmar we could establish new industries both local and foreign to enable us to generate huge employment opportunities locally and overseas, in addition to development of Sri Lankan exports.

Initiative to jumpstart Palestine - SL trade

The Island - 18/03/2014

Minister of Industry and Commerce of Sri Lanka-far right Rishad Bathiudeen prepares for the interview with Mai Bakry (presenter, "Palestine TV") on 07 March in Colombo. Third from right (standing) is Anwer al-Agha, Palestine Ambassador to Colombo.

Bilateral trade needs to be revived first, before moving for such trade mechanisms as FTAs when it comes to trade with the virgin market of Palestinian Territories. "FTA with the Palestinian Territories is a good idea but with non-existent trade at present, it is too early for it" said Minister of Industry and Commerce Rishad Bathiudeen.

Minister Bathiudeen was speaking to Ms Mai Bakry, presenter of "Palestine TV" on March 07 in Colombo when he was interviewed for the channel.