Sri Lanka tea sees improved demand for low growns at auction
Mar 31, 2016 (LBO) – Sri Lanka’s tea prices in overall auction offerings this week were marginally lower with better demand for low grown and mid to high …
Agriculture
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Top Lankan team heading for Brussels on decisive fishery ban talks
Mar 18, 2016 (LBO) – A top team including officials from the Prime Ministerial Task Force is scheduled to depart for Brussels on 30 March for decisive talks …
Watawala plantation 9-mth profit +7 pct on palm oil, lower tax
Jan 27, 2016 (LBO) - Sri Lanka's Watawala Plantations PLC reported net profit of 439 million rupees for the nine months to 31 December 2015, up seven percent, …
Govt intervention in Colombo tea auction detrimental to sector: Fitch
Nov 17, 2015 (LBO) – Sri Lanka’s government intervention into the Colombo tea auction will be detrimental to the sector as it will make Sri Lankan tea less …
Sri Lanka tea prices hit lowest levels since March 2012
Oct 08, 2015 (LBO) - Sri Lankan tea prices have come down to it's lowest levels since March 2012 with low grown varieties the worst affected, latest data …
Sri Lanka’s govt plans to intervene in tea prices with purchases of Rs300mn
Oct 01, 2015 (LBO) – Sri Lanka’s plantation ministry said that it plans to buy tea worth 300 million rupees from the auction to artificially raise the …
Govt signs USD 150 mn ADB loan for water to dry zone
Sep 17, 2015 (LBO) - Sri Lanka’s government signed a 150 million US dollar loan agreement with the ADB to address the water scarcity in the islands dry zone, …
Managerial skills, tea cloning to help Sri Lanka’s tea industry: PA
Sep 17, 2015 (LBO) – Sri Lanka’s tea industry, which has a long history starting from British period, now needs to adopt professional managerial skills and …
Sri Lanka plantation worker wage hike talks in deadlock
Sep 01, 2015 (LBO) – Sri Lanka’s Planters Association says higher wage demand issue of the tea planation workers is still dragging. buy amoxil online …
Sri Lankan coco peat to be purchased by Japan
Aug 04, 2015 (LBO) - A team from Zen-Noh, the Japanese National Federation of Agricultural Cooperative Associations, are visiting Sri Lanka to help promote …
Sri Lanka to implement capital loan scheme for tea; guaranteed price for rubber
June 26, 2015 (LBO) – Sri Lanka’s cabinet has decided to implement a capital loan scheme for the tea industry and a guaranteed price scheme for the natural …
ADB gives USD453mn loan for dry zone water projects
June 26, 2015 (LBO) – The Asian Development bank is to grant a loan of 453 million US dollars to help deliver surplus water from the Mahaweli river basin …
Sri Lanka’s government will support agriculture to strengthen local economy: President
Apr 22, 2015 (LBO) –Sri Lanka’s government will support agricultural based industries in order to build the Island’s economy, President Maithreepala …
Sri Lanka™s tea industry under pressure due to high costs
Oct 30, 2014 (LBO) – Sri Lanka™s Ceylon Tea is in its death spiral due to higher cost of production and wages and, needs more value addition, …
Sri Lanka Planters™ Association says sustainability of tea industry in the hands of workers
Oct 30, 2014 (LBO) - Sri Lanka planter association estimates increase of two kilograms in the daily plucking average of tea of each worker can bring down unit …
Sri Lanka to minimize the application of Agro chemical in agriculture
September 05, 2014 (LBO) – Sri Lanka cabinet has given approval to the progamme of work to minimize the application of agro chemicals in agriculture in …
Sri Lanka arrests Indian fishermen after Modi talks
COLOMBO, June 1, 2014 (AFP) - Sri Lanka's navy said Sunday it had seized 29 Indian fishermen, the first arrests since President Mahinda Rajapakse and India's …
Sri Lanka’s Noorani Estates plans expansion, possible listing
May 30, 2014 (LBO) - Sri Lanka's Noorani Estates (Pvt) Ltd, a poultry firm that operates under the brand Nelfarms is planning to invest over one billion rupees …
Talawakelle Plantations, Sri Lanka March net down 60-pct
May 08, 2014 (LBO) - Profits at Sri Lanka's Talawakelle Plantations Plc, fell 60 percent to 34 million rupees in the March 2014 quarter from a year earlier as …
Sri Lanka poultry feed mill group in the red
May 07, 2014 (LBO) – Sri Lanka™s Ceylon Grain Elevators group, which has interests in feed milling and poultry said it lost 7.8 million rupees in the …