National Chamber bilateral session with the UK High Commissioner

Press release

National Chamber bilateral session with the UK High Commissioner

High Commissioner of UK will be the special guest speaker at a  session on “Bilateral Trade between Sri Lanka and UK “ on Wednesday 29 October 2014  from 3.00 p.m to 4.30 p.m at the Chamber Auditorium  No  450 D.R. Wijewardene  Mawatha, Colombo  10. The High Commissioner will be accompanied by Mr Gary Leslie, UK Head of Trade and Investment of the UK High Commission. They will speak on the current business trend, trade potential, opportunities for export, import, investment/ demand items and other services available for Sri Lankans. Participants will get an opportunity to interact with the High Commissioner and officials from the High Commission   and get information on the relevant areas.

According to the Dept of Commerce, UK is Sri Lanka’s second biggest export market after USA recording total export of US$ 1,112 Mn. in 2011.

Sri Lanka exports to UK -apparel, clothing accessories, rubber, tea, gems and jewellery, coir products, ceramics fruits, vegetables, toys etc. Sri Lanka imports from UK-, iron and steel, machinery and parts, beverages and spirits, pharmaceutical, fabrics  , plastic products are some of the items imported from U.K

Prospective investors from UK have shown interest in investing in projects in the fields of manufacturing fishing boats, processed food, cotton yarn, apparel, BPO operations, tourism and power generation etc.

The BOI has identified the following sectors as the target areas for promotion of FDI from UK, Tourism related, Textile and accessories, Metal working and light engineering, Electronics, IT & IT enable services, Infrastructure development, Training institutions, Business Process Outsourcing, Power generation.

Major potential items that can be exported to UK are - Knitted & Woven Garments, tea, Live Fish and frozen fish, Rubber tyres, Rubber Gloves, Spices, Coconut Fibre, Desiccated Coconut, Gem and Jewellery, Fruit and vegetable.  For reservation of the seminar kindly contact chamber 4741788 Mrs Fouad or email This email address is being protected from spambots. You need JavaScript enabled to view it.; This email address is being protected from spambots. You need JavaScript enabled to view it..

 

 

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National Chamber conducts seminar on “Benefits of Nanotechnology for the Industries”

Press Release

National Chamber conducts seminar on

“Benefits of Nanotechnology for the Industries”

An awareness seminar on one of the most exciting and fast moving  areas of science today  - Nanotechnology- will be held on  Tuesday 28 October 2014 from  3.00 p.m to 5.00 p.m  at the chamber auditorium , 450 D R Wijewardene Mw, Colombo -10, organized by the National Chamber of Commerce in association with SLINTEC, Sri Lanka  Institute of Nanotechnology. The resource persons will be  from SLINTEC- Mr Harsha  de S Wijeratne, CEO, Prof  Veranja  Karunaratne, Associate Director-Science & Strategic Relations and Dr Shehan de Silva, Manager Strategic Planning /Senior Scientist/ Doctor of  Nanotechnology. They will explain in detail  the benefits of nanotechnology that could be derived by  all sectors of  industry, such as textiles, apparel, agriculture, ceramic, healthcare, ICT, manufacturing beauty care etc.

Nanotechnology is the art and science of manipulating atoms and molecules, shrunk down to a small scale , to create  new systems, materials and devices . Making new things on this incredibly small scale is called nanotechnology,which will offer Companies new and improved products and processes  to innovate and enter new markets . Nanotechnology is changing the world and the way we live, creating scientific advances and new products that are smaller, faster, stronger, safer, and more reliable.

Sri Lanka’s first Nanotechnology Research Centre and Nanoscience Park was opened last year,  set up on a 50 acre land in Pitipana, Homagama, and established with Government and private sector participation . The nanotechnology park aims to create opportunities for all businesses to develop new products through a collaborative innovation process, taking them from research through development towards commercialization.

 

For reservation for the seminar  kindly contact the Chamber TP 4741788 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

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“Importance of Insurance in Sri Lanka in the Light of Industry Segregation”

National  Chamber  Seminar  on

“Importance of Insurance in Sri Lanka in the Light of Industry Segregation” 

An awareness seminar on the importance of insurance, current issues in insurance and why some insurance claims are not met will be some of the topics discussed at this seminar scheduled for Thursday 18 September 2014 from 1400 h to 1700 h (2.00 to 5.00 pm) organized by The National Chamber of Commerce of Sri Lanka, at the Chamber Auditorium, No 450 D R Wijewardena Mawatha, Colombo 10. An expert in this field, Insurance Ombudsman, Dr Wickrama Weerasooriya  will deliver the keynote address. The Panelists who will be joining him will be Mr Ramal Jasinghe CEO, Asian Alliance Insurance PLC and Dr Jagath Alwis, Director, Ceylinco Insurance PLC. The other topics that would be covered at the seminar are: Why & what Corporates should insure, Insurance in Sri Lanka and its regulations, Are our Insurance Reliable, Credible and efficient?, Complexity of Insurance as compared with Banking and Current Issues in Insurance. For registration and other information please contact Vindya/Suharshini on 4741788 or e-mail to: This email address is being protected from spambots. You need JavaScript enabled to view it./ This email address is being protected from spambots. You need JavaScript enabled to view it.. Closing date:17 September 2014 

National Chamber Conducts a Session on “Oil Exploration in Sri Lanka - Opportunities for the Private Sector”

National Chamber Conducts a Session on 

“Oil Exploration in Sri Lanka - Opportunities for the Private Sector”

 A seminar on petroleum and natural gas discovered in the Mannar Basin, under the topic ”Oil Exploration in Sri Lanka” will be held on Wednesday, 01 October 2014 from 3.00 p.m to 4.30 p.m.  at the National Chamber Auditorium, No 450, D. R Wijewardene Mw, Colombo -10.

 

 In this seminar, the National Chamber has invited the Petroleum Resource Development Secretariat (PRDS) to present the current status with regard to the availability of domestic oil and gas in offshore Sri Lanka. The keynote speaker Mr Saliya Wickramasuriya, Director General of Petroleum Resources Development Secretariat (PRDS) will explain in detail the benefits to the local and export markets, challenges of producing domestic fossil fuels, and the infrastructure required to deal with it.  With this new development, Sri Lanka will have many business opportunities arising out of oil exploration which will not only pertain to petroleum products sector but will span out to all other sectors of the economy- industrial, construction and engineering, aviation, chemical, banking and insurance, etc. For registration kindly contact the National Chamber on TP 4741788 (Suharshini) or on email This email address is being protected from spambots. You need JavaScript enabled to view it..

 

 

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One Day Workshop- the latest procedures on the Export Trade

The National Chamber of Commerce will conduct a One day Workshop on Export Procedures & Documentation on Saturday 15 March 2014 from 8.30 am to 4.30 p.m at the chamber auditorium No 450 D. R Wijewardene Mw, Colombo – 10

The workshop is designed for those who are involved in exporting, and sourcing from overseas. It provides an overview of the principles involved in successful exporting, tips on how to avoid problems and ensure smooth running of contracts, profitably.

Subjects that would be touched on are :

Introduction to export, planning to export – strategic decisions, necessary export administration steps, incoterms,how to calculate an export price and make a profit, internal order processing and dispatch preparation,

How duty and other levies are calculated and a study of the important clearance documents and costing.

• Temporary import schemes in operation -including duty rebate scheme, temporary import for export processing schemes - bonds procedures and warehousing.
• Payment terms with regard to imports -- a review of the impact of each type (inc L/C's and Document Collections) on import payments.
• Incoterms 2000
• Regulations pertaining to imports & issuance of licenses for imports – trade policy and role of the Import/Export Controller
• Typical import steps and import order administration
• Tariff and commodity codes
• Modes of transport

Participants will have a an understanding of the necessary skills to ensure due diligence, seek quotations and place orders efficiently, ensure correct documentation for customs clearance into Sri Lanka including VAT compliance and complete costing to ensure profitable trading.

It will be beneficial for those involved in sourcing goods from overseas, including sales, purchasing, production and accounts staff. It also provides a good overview necessary for senior managers who have to delegate responsibility.

The Resource person will be Mr. J A D A Perera, Deputy Director of Customs, Sri Lanka Customs who has over 30 years of experience at Sri Lanka Customs in various department.

Participant pack includes course handouts and certificate. Lunch and refreshments will be provided. For further details kindly contact chamber TP 4741788 Buddika/Dilrukshi This email address is being protected from spambots. You need JavaScript enabled to view it.