Business

Sri Lanka Highlights Pharma Sector at Medi Pharm Expo Vietnam 2024

The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Embassy in Vietnam, successfully organized the participation of Sri Lankan pharmaceutical manufacturers at the 22nd Medi Pharm Expo Vietnam 2024, held from August 1 to 3, 2024, in Ho Chi Minh City, Vietnam. Recognized as a promising sector for export and foreign

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Entrepreneurship

BOC Launches Support Initiative for Young Entrepreneurs to Address Brain Drain

The Bank of Ceylon (BOC) has unveiled a groundbreaking initiative aimed at supporting young entrepreneurs in Sri Lanka. The new program, designed to counteract brain drain and foster local talent, includes collaborations with organizations such as IDB, SED, NAITA, and EDB, as well as other governmental entities. Moving beyond traditional banking services, BOC’s ‘beyond banking’

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Industry Analysis

Sri Lanka Launches GTEX2 with Swiss SECO to Boost Apparel Industry

The Export Development Board (EDB) has formed a strategic partnership with Switzerland’s State Secretariat for Economic Affairs (SECO) to implement the second phase of the Global Program on Textile and Clothing (GTEX2), aimed at enhancing Sri Lanka’s apparel sector. This five-year program, running from 2024 to 2027, is funded by the Swiss Government and organized

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Business

EDB and Port City Sign MoU to Attract Export-Oriented Businesses

CHEC Port City Colombo (Pvt) Ltd has taken a significant step towards attracting export-oriented businesses to Port City Colombo by partnering with the Sri Lanka Export Development Board (EDB). A memorandum of understanding (MoU) was recently signed between the Chairman of EDB, Dr. Kingsley Bernard, and the Managing Director of CHEC Port City Colombo (Pvt)

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