Apex body for Sri Lankan food processing sector mooted

Daily Finance Times - 03/04/2014

A  Sri Lankan delegation comprising officials from the Government, academia and private sector gained valuable insights in food processing, standards, food safety, product diversification and export potentials during the recently-concluded study visit to Thailand.

The delegation discussed extensively on the lesions that could be learned and possible way forward for the Sri Lankan food processing industry, the role of different stakeholders of the SME in food and beverage sector of Thailand and studied the current status and success factors of Thailand’s fruit and vegetables industry and export market.

Pure Ceylon cinnamon logo awards on Monday

Daily News - 03/04/2014
By Indunil Hewage 

The issuing of license for eligible exporters to use the Pure Ceylon cinnamon logo on cinnamon packs will be held at Sri Lanka Export Development Board (SLEDB) auditorium on 07th Monday.

The SLEDB recently requested pure Ceylon cinnamon manufacturing companies in Sri Lanka that wish to use pure Ceylon Cinnamon Lion Logo on cinnamon packs to forward completed applications in respect of each product design to the Sri Lanka Export Development Board.

Applications were called from companies eager to use Pure Ceylon Cinnamon Lion Logo on the cinnamon packs. The companies who are eager to use the pure Ceylon cinnamon lion logo on cinnamon packs will have to obtain prior approval from the Export Development Board.

AWARENESS SEMINAR/WORKSHOP ON FRUITS & VEGETABLES FOR THE EXPORT MARKET-NCP

The North Western Provincial office of the Sri Lanka Export Development Board, successfully conducted the awareness seminar/workshop on fruits & vegetables for the export market on 24th March 2014 in Anuradhapura with the participation of 115 fruits & vegetable farmers in North Central Province. The programme was organized by NWP-EDB with the assistance of Department of Agriculture, National Plant Quarantine Service and Lanka Fruits & Vegetable Producers, Processors & Exporters Association.

The main objective of conducting this seminar was to increase the capacity of Fruits & Vegetable farmers in the North Central Province by way of enhancing Technical/Market awareness and facilitating linkages between farmers and exporters in order to develop consolidated supply base of quality fruits & vegetables for exports from Regions.

Indian CEO Forum fosters economic ties and showcases investment opportunities in Sri Lanka

Daily Finance Times - 02/04/2014

The Indian CEO Forum (ICF) held its AGM on Friday, 21 March, at the Taj Samudra Hotel, Colombo. Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal was the Chief Guest while High Commissioner of India Y. K. Sinha was the Guest of Honour.

A large number of invitees including  Ministry of Industry and Commerce Secretary Anura Siriwardena, NDB Chairman Sunil G. Wijesinha, Commercial Bank Chairman Dinesh Weerakody, People’s Leasing CEO D.P. Kumarage, Sri Lanka Export Development Board Chairman Bandula Egodage and CEOs of multinational companies were also present at the event.

Lanka to participate at SAITEX fair in Johannesburg

Daily News - 01/04/2014
By K A Aleem 

Sri Lanka Export Development Board in collaboration with the Sri Lanka High Commission in Pretoria, South Africa is organising Sri Lanka’s participation at the South African International Trade Exhibition (SAITEX) to be held from June 22 to 24, 2014 at the Gallagher Convention Centre in Johannesburg, South Africa and Afro- Sri Lanka Business Forum to be organised in coincide with SAITEX2014.

SAITEX is the most popular and the region’s largest multi sector international trade fair organized in South Africa for over 20 years. SAITEX serves as a strategic gateway to entire African region.

Lanka aiming to be a top 10 apparel exporter by 2020: Minister Rishad

Daily Finance Times - 01/04/2014

• SL starts first modern footwear and leather training centre
• 2013 apparel exports a record $ 4.3 b: Rishad
• SLITAs engineering setup upgraded with hi-tech mechatronics
• 2013 footwear and leather exports up by 63%: Rishad
• New technology from Germany, Japan and Singapore

Minister Bathiudeen at the leather and footwear industry training unit and the upgraded engineering workshop at the Sri Lanka Institute of Textile and Apparel (SLITA), Ratmalana.

In the aftermath of latest record apparel earnings, Sri Lanka is now entertaining bigger apparel dreams. “Our internationally recognised apparel sector has shown strong performance, and has earned revenues of $ 4.3 billion in 2013. President Mahinda Rajapaksa now wants us to be among the world’s top 10 apparel export countries by 2020,” said Minister of Industry and Commerce Rishad Bathiudeen on 21 March.

Minister Bathiudeen was addressing the inauguration event of the newly established Leather & Footwear Industry Training Unit and the upgraded Engineering Workshop with mechatronics at the Sri Lanka Institute of Textile and Apparel (SLITA) on 21 March in Ratmalana.

Sri Lanka’s textile & garment exports soar 23.4% in Jan’14

fibre2fachion.com - 27/03/2014

The exports of textiles and garments from the island nation of Sri Lanka surged by 23.4 percent year-on-year in the first month of 2014, according to a press release on ‘External Sector Performance – January 2014’ issued by the Economics Research Department of the Central Bank of Sri Lanka.

Textiles and garments, which is the main contributor to the growth in industrial exports from Sri Lanka, grew by 23.4 percent to US$ 412 million in January 2014, compared to exports of $333.9 million made during the same month last year.