Sri Lanka Watawala Plantations December net down 39-pct
Jan 27, 2012 (LBO) - Sri Lanka's Watawala Plantations said December 2011 quarter net profit fell 39 percent to 158 million rupees from a year ago, with a …
Agriculture
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Sri Lanka production for tea bags up in 2011
Jan 27, 2012 (LBO) - Sri Lanka's production of CTC (crush, tear, curl) type teas, used mainly in tea bags, rose sharply in 2011, although overall output was …
Sri Lanka hosts international tea meeting
Jan 25, 2012 (LBO) - Sri Lanka will host a key meeting of officials from major tea producing and consuming nations in a United Nations body next week, helping …
Sri Lanka bought leaf tea factory makes loss
Jan 24, 2011 (LBO) - Sri Lanka's Tea Smallholder Factories Plc, a unit of John Keells Holdings said it lost a million rupees in the December 2012 quarter …
Sri Lanka seen needing to improve land, labour productivity
Jan 20, 2012 (LBO) - Sri Lanka's plantation companies are in crisis with high costs and falling commodity prices that only greater labour and land productivity …
Sri Lanka Renuka Agri Foods to buy dairy firm
Jan 17, 2012 (LBO) - Sri Lanka's Renuka Agri Foods plans to buy control of Richlife Dairies Limited, a manufacturer of dairy and fruit products, a stock …
Sri Lanka India fishing dispute talks in Jan
Dec 29, 2011 (LBO) - Sri Lanka and India will hold talks on resolving a fishing dispute which escalated after the end of a 30-year war, when a joint working …
Sri Lanka asks Russia for phased import duty reduction
Dec 21, 2011 (LBO) - Sri Lanka has asked Russia to cut import duty on tea in a phased manner following its admission to the World Trade Organisation (WTO) …
Sri Lanka tea trade sees gains from Russia WTO entry
Dec 20, 2011 (LBO) - Russia's entry in to the World Trade Organization last week will enable high import duty on value-added tea to be reduced, creating better …
Sri Lanka targets Russia with specialty teas
Dec 19, 2011 (LBO) - A specialty tea contest held in Russia recently would help Sri Lankan exporters promote Ceylon teas in the biggest market for the island's …
Sri Lanka tea meet to seek common standard
Dec 16, 2011 (LBO) - Tea producing and consuming countries will seek to agree on a common standard for pesticide residue levels in tea during a meeting of the …
Sri Lanka to examine shortcomings in crate law
Dec 15, 2011 (LBO) - Sri Lanka will go ahead with a new law requiring transport of fruits and vegetables in plastic crates but would look into any shortcomings …
Sri Lanka’s CIC and Dubai firm in indoor plant deal
Dec 12, 2011 (LBO) - Dubai-based S S Lootah International said it had inked a partnership with Sri Lanka's CIC Agri Business to supply ornamental plants to the …
Sri Lanka top tuna loin exporter to EU
Dec 09, 2011 (LBO) - Sri Lanka has emerged as the top tuna loin exporter to the European Union and is ramping up production aiming to earn a billion dollars …
Sri Lanka fish exports face slowdown in Western markets
Dec 08, 2011 (LBO) - Fish exports from Sri Lanka, which is trying to make the industry a key foreign exchange earner, are being affected by slowing demand in …
Sri Lanka tea demand perks up after devaluation
Dec 02, 2011 (LBO) - Demand for Sri Lanka's low grown teas, which make up the bulk of the crop, perked up at this week's Colombo auctions after increased …
Sri Lanka mulls more agriculture export zones
Nov 29, 2011 (LBO) - Sri Lanka plans to set up more dedicated 'agro export zones' to help promote export of agricultural produce by private sector exporters. …
Sri Lanka tea prices fall
Nov 25, 2011 (LBO) - Sri Lankan tea prices fell at this week's Colombo auctions with reduced demand and brokers saying the island is unlikely to match last …
Sri Lanka sugar plantation takeover seen “illegal”
Nov 23, 2011 (LBO) - A listed Sri Lankan sugar plantation that is among businesses taken over by government under a new expropriation law has said the seizure …
Sri Lanka to give incentives for rice export, aquaculture
Nov 21, 2011 (LBO) - The state will give incentives to process rice for export, aquaculture in especially in former war torn areas in the east of the island, …