Sri Lanka to double income from ornamental fish exports by 2016

Colombo Page - 10/04/2014

Sri Lanka has earned over Rs 1.2 billion last year from exporting ornamental fish and measures will be taken to double this income by 2016, the Fisheries and Aquatic Resources Development Ministry says.

Sri Lanka's ornamental fish production had produced over 46,000 metric tons in 2009 and this amount has increased to nearly 70,000 metric tons last year, placing Sri Lanka in the third place in exporting ornamental fishes, according to the Ministry.

Exporters praise cinnamon licensing, see good times ahead

EDB launches Lanka’s first official Ceylon Cinnamon exporters’ batch
Daily FT - 09/04/2014
Pix by Lasantha Kumara

Just a day after unveiling cinnamon logo licenses, Sri Lanka’s exporters heaped praise on the Government and the Export Development Board for the latest national initiative towards their sector on 8 April. “We are proud to have won this Pure Ceylon Cinnamon logo. To the global markets, this symbol shows where true cinnamon originates from. The EDB has really come out with it!” said an upbeat Priyadarshani Halpe, General Manager, G.P. de Silva & Sons International Ltd.

Halpe, one among many exporters who expressed similar sentiments, was speaking about the ‘Inaugural issuance of Pure Ceylon Cinnamon brand licenses to Lankan exporters’ event held at EDB Auditorium, Colombo on 7 April.

With first official Ceylon Cinnamon batch active, Lanka positions for $ 1b spice exports

Daily Finance Times - 08/04/2014

As Sri Lanka’s first batch of exporters successfully captured their licences to officially flavour the world with Sri Lanka’s second global brand yesterday, the country recommitted to $ 1 billion in spice and cinnamon exports by 2020.

“Today, nine Sri Lankan cinnamon export firms are empowered by this initiative. Together, these nine firms claim more than 25% of our annual cinnamon export values. We are aiming at $ 1 billion in spice and cinnamon exports by 2020,” said Minister of Industry and Commerce Rishad Bathiudeen yesterday, addressing the ‘Inaugural issuance of Pure Ceylon Cinnamon brand licenses to Lankan exporters event’ at the EDB Auditorium.
In yet another important industry support initiative in the tradition of Export Development Board for Lankan exporters, for the first time, nine Sri Lankan cinnamon export firms qualifying to export cinnamon using ‘Pure Ceylon Cinnamon brand license’ were awarded license certificates by Bathiudeen at the event.
The qualifying exporters in the first batch were A Baur & Co Ltd., Casa Canela Ltd., Dtriangle Ltd, Food & Nature Ltd., G.P. De Silva & Sons International Ltd., Intercom Ltd., International Commodity Traders Ltd., Mohksha Ltd. and Rathna Producers Cinnamon Exports Ltd.

Bilateral trade with Germany hinges on three basics – quality, consistency and volumes

The Island - 05/04/2014
By Steve A. Morrell

From left: Bandula Dissanayake, Secretary, NCCSL, Tilak Godamune, Senior Deputy President, NCCSL, Dr. Jurgen Morhard, Sujeewa Samaraweera, Deputy President NCCSL, Bandula Egodage, Chairman, Export Development Board and Gerhard Truemper, First Secretary, Embassy of Germany. (Pic by Saman Ranaweera)

German Ambassador Dr. Jurgen Morhard said that bilateral trade with Germany could be expanded. Although trade with Sri Lanka could be pursued to reach higher levels, it is imperative that exports should be of high quality.

Germany, he said was constantly looking for quality with their trade partners and goods and services that form bi-lateral trade segments would have to achieve such production levels.

He was addressing last week’s conference convened by the National Chamber of Commerce of Sri Lanka (NCCSL) to promote bi-lateral trade with Germany.

Chairman and Chief Executive, Export Development Board, Bandula Egodage said Germany was one of Sri Lanka’s main trade partners, but he conceded that the bilateral segment of such trade was currently that Germany was assisting Sri Lanka in training and improving technological support.

EDB initiates first Internet of Things session

Daily News - 04/04/2014

As the consumer end of digital convergence in the country continued to develop, Sri Lanka has officially begun assessing the promise of the "next big thing" in digital frontier-and Sri Lanka's first Advanced Electronics Design Centre is now on the cards. "This is the first ever initiative for Sri Lanka's ICT sector on the emerging "Internet of Things". There is no doubt that this advanced and novel concept will be useful for everyone" said Sujatha Weerakoone Director General-EDB recently. Weerakoone was addressing the first ever IoT session held in Sri Lanka, organized by the Sri Lanka Export Development Board (EDB) .

Kithulaka Waruna exhibition and trade fair

Daily FT - 05/04/2014
– Pix by Kithsiri de Mel

‘Kithulaka Waruna’ an exhibition and trade fair got off the ground yesterday at Sudharshi Hall Colombo 7. The exhibition showcases a range of Kithul products from the 18 districts where Kithul is cultivated. The fair is organised by the Ministry of Traditional Industries and Small Enterprise Development, IDB, ITI, NERD, SMS, Forest Department, Export Agriculture Board and PDB. The exhibition will go on till 6 April

Pure Ceylon cinnamon logo awards on Monday

Daily News - 04/014/2014

The issuing 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 next Monday. The SLEDB recently requested pure Ceylon cinnamon manufacturing companies.