Sri Lanka tea trade warns of threat to Middle East market
Mar 15, 2012 (LBO) - Sri Lanka's tea industry has called for urgent improvements in productivity and new markets to ride out volatility in major Middle Eastern …
Agriculture
Sri Lanka devaluation seen improving tea export margins
Mar 14, 2012 (LBO) - The fall in the value of the Sri Lankan rupee following a snap devaluation last year has helped tea exporters improve profit margins and …
Sri Lanka lines up bank credit to buy up paddy harvest
Mar 04, 2012 (LBO) - Sri Lanka has lined up 28.5 billion rupees in credit mainly from state banks to buy up an estimated 4. online pharmacy buy cymbalta with …
Sri Lanka Lankem retains A-/P2 ratings
Feb 28, 2012 (LBO) - RAM Ratings Lanka has confirmed Lankem Ceylon PLC™s long- and short-term corporate credit ratings of A- and P2. RAM Ratings Lanka has …
Sri Lanka fisheries protection seen needed to maintain market access
Feb 24, 2012 (LBO) - Sri Lanka needs an effective fisheries protection programme to implement the sustainable policies that are required to ensure continued …
Sri Lanka over-fished by estimated 600 illegal vessels: report
Feb 19, 2012 (LBO) - The sea around Sri Lanka is facing the danger of being overfished by an estimated 600 illegal vessels a day, and marine reserves may have …
Sri Lanka seen needing big investments to lift estate living standards
Feb 17, 2012 (LBO) - Sri Lanka's plantations still need huge investments to upgrade the living standards of workers, some of which would have to come from …
Sri Lanka tea prices rise after rupee depreciation
Feb 17, 2012 (LBO) - Prices of Sri Lankan teas rose at the Colombo auctions this week with brokers attributing the increase to the fall in the value of the …
Sri Lanka fishermen shot to death in fuel protest
Feb 16, 2012 (LBO) - A Sri Lankan fisherman was shot and killed as police quelled a protest following protests after a weakening exchange rate forced a sudden …
Sri Lanka Kelani Valley Plantations December net up 13-pct
Feb 16, 2012 (LBO) - Sri Lanka Kelani Valley Plantations said December 2011 quarter net profit rose 13 percent to 187 million rupees from a year ago as tea and …
Sri Lanka exporters told to aim at US iced tea market
Feb 14, 2012 (LBO) - The market for tea in the United States is growing rapidly with the best prospects being in ready-to-drink teas, Joseph Simrany, president …
Sri Lanka tea small farmers raise output concerns
Feb 10, 2012 (LBO) - Sri Lanka's tea small holders, who produce the bulk of the crop, have said rising costs of production, mainly driven by higher labour …
Sri Lanka tea estate lose Rs28mn in Dec quarter
Feb 09, 2012 (LBO) - Sri Lanka's Bogawantalawa Tea Estates Plc said it lost 28 million rupees in the December 2011 quarter from a profit of 69 million rupees a …
Sri Lanka Watawala to invest marketing unit proceeds in tea, oil palm
Mar 08, 2012 (LBO) - Sri Lanka's Watalawa Plantations Plc said cash from the sale of a marketing arm will be used to expand oil palm, boost efficiencies in its …
Sri Lanka CIC Holdings rated A/P2
Feb 08, 2012 (LBO) - RAM Ratings Lanka has assigned long- and short-term corporate credit ratings of A and P2 to CIC Holdings (CIC) with a stable outlook on …
2012 rice trade to fall in weaker demand: FAO
BANGKOK, (Asia Pulse) - The international rice trade is forecast to fall by approximately 1 million tonnes, or 5 per cent, this year as improved harvest …
Sri Lanka tea farmers hurt by Middle East unrest
Feb 03, 2012 (LBO) - Sri Lankan small farmers are suffering because of a downturn in demand for tea from key markets in the Middle East owing to political …
Sri Lanka estate living standards seen improving
Feb 02, 2012 (LBO) - Sri Lanka's tea plantations industry said investments in improving infrastructure and community services had improve the quality of life …
Sri Lanka tea trade mulls new standard
Feb 02, 2012 (LBO) - Sri Lanka's tea industry is considering developing an 'all-encompassing' standard to demonstrate compliance with a plethora of …
Sri Lanka testing new tea plants
Jan 31, 2012 (LBO) - Sri Lanka is testing new varieties of tea that have better ability to tolerate drought and disease, the head of the island's tea research …