Sri Lankan tea prices stay high
Feb 19, 2010 (LBO) – Sri Lankan tea prices eased at the Colombo auctions this week but are still at record highs being much higher than last year both in …
Agriculture
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Sri Lanka coconut exporter mulls acquisitions
Feb 18, 2010 (LBO) – Sri Lankan coconut products exporter Coco Lanka has said it plans to expand and is holding talks with companies it had identified …
Sri Lanka seeks lower Russian import duty on tea
Feb 12, 2010 (LBO) – Sri Lanka has asked Russia, the biggest importer of Ceylon tea, to reduce import duty on value-added tea exports, a senior minister …
Sri Lanka Kelani Valley reduces loss with Dec quarter gains
Feb 11, 2010 (LBO) – Sri Lanka™s Kelani Valley Plantations said higher tea and rubber crops and prices in the December quarter had helped reduce losses …
Sri Lanka in new tea marketing drive
Feb 06, 2010 (LBO) – Sri Lanka™s Tea Board has chosen MTI Consulting, a management consultancy, to develop a strategy to promote Ceylon tea, the …
Sri Lanka state says ready to buy paddy output
Feb 05, 2010 (LBO) - A Sri Lanka state agency is to be given money to buy 140,000 metric tonnes of paddy produced in the upcoming main cultivation season to …
Sri Lanka negotiates OPEC funds for irrigation project
Feb 05, 2010 (LBO) - Sri Lanka has wrapped up a deal to get a 16 million dollar loan from the OPEC Fund for International Development for an irrigation project …
Sri Lanka rains delay tea quality season
Feb 05, 2010 (LBO) – Heavy rains in some of Sri Lanka™s tea growing regions have delayed the onset of the quality season when plantations companies get …
Sri Lanka Hayleys to increase exports to food chains
Feb 03, 2010 (LBO) –Sri Lanka™s Hayleys conglomerate is building a factory in the former war zone in the east to increase exports of pickled gherkins …
Sri Lanka Horana Plantations Dec net up on high tea prices
Feb 02, 2010 (LBO) – High tea prices helped Sri Lanka's Horana Plantations to make a profit of 75 million rupees in the December, according to accounts …
Sri Lanka CIC profits up on government receipts
Feb 01, 2010 (LBO) - Sri Lanka's Chemical Industries (Colombo) has returned to profit in the December 2009 quarter helped by a 250 million rupee past due …
Sri Lankan tea output down in 2009 despite year end rally
Jan 23, 2010 (LBO) - Sri Lanka's tea production was fell 9.0 percent to 289.77 million kilograms in 2009, despite a sharp recovery in output in the latter part …
Sri Lanka dairy farmers get US lift
Jan 20, 2010 (LBO) - Dairy farmers in eastern Sri Lanka will get technical help to improve milk production and also be linked to agri-business firms, in a …
Sri Lanka tea exporters press for import liberalisation
Jan 06, 2010 (LBO) – Sri Lankan tea exporters are pressing for liberalisation of tea imports for blending and re-export, saying it could help improve …
Sri Lanka cuts lending rate for farmers ahead of polls
Dec 30, 2009 (LBO) – Sri Lanka™s Central Bank said it will slash lending rates for farmers with effect from January 1, 2010 barely a month ahead of …
Sri Lanka readies Ceylon tea intellectual property claim
Dec 28, 2009 (LBO) - Sri Lanka is readying a claim for intellectual property protection for different types of Ceylon tea under global ''Geographical …
Sri Lanka tea earnings seen holding up despite lower crop
Dec 24, 2009 (LBO) - Sri Lanka's tea production this year will be lower than in 2008 because of drought and a strike but earnings should match last year's as …
Sri Lanka farmers get mobile phone trade service
Dec 23, 2009 (LBO) – Sri Lanka's top celco Dialog Telekom is offering a trading platform based on short message services (SMS) that can help farmers to …
Sri Lanka could see tea prices easing next year
Dec 23, 2009 (LBO) - Tea export countries like Sri Lanka could see prices easing next year as better weather improves crops and reduces the global shortfall …
Sri Lanka commodity futures exchange mooted
Dec 18, 2009 (LBO) - Sri Lanka should set up a commodity futures exchange and introduce forward contracts to make farmers more efficient and earn more, a …