Agriculture

Sri Lanka Dilmah says branded tea to Europe hit by strong rupee: Interview

Aug 12, 2009 (LBO) - Sri Lanka™s largest branded tea exporter who was hit by a slump in demand says an upturn may be around the corner but warns that weak …

Sri Lanka value-added tea exports boost Finlay profits

Aug 12, 2009 (LBO) - Sri Lanka's James Finlay group said June 2009 quarter net profit shot up 75 percent to 80 million rupees from a year ago as exports of …

Sri Lanka Bogawantalawa in US tea deal with multinational

Aug 09, 2009 (LBO) - Sri Lankan tea growing and marketing company Bogawantalawa Tea Estates said in a statement it was in talks with a multinational to sell …

Sri Lanka Bogawantalawa Tea starts distribution network

Aug 06, 2009 (LBO) - Sri Lankan tea growing and marketing company Bogawantalawa Tea Estates said it has launched its own distribution channel in the local …

Sri Lanka seasonal teas fetch high prices

Aug 06, 2009 (LBO) - Prices of Sri Lankan teas grown in the central highlands that showed the 'Uva' seasonal flavour shot up sharply at this week's Colombo …

Sri Lanka tea processor June profits up marginally

Aug 05, 2009 (LBO) - Sri Lanka's Tea Smallholder Factories, which processes tea grown mainly by small farmers, said net profit for the June 2009 quarter rose …

Sugar price hits record high

LONDON, August 3, 2009 (AFP) - The price of sugar reached a record high here on Monday, aided by a weaker dollar amid more positive signs of economic recovery …

Sri Lanka Kelani Valley almost out of the red

Aug 03, 2009 (LBO) - Sri Lanka's Kelani Valley Plantations (KVPL) said it made a net profit of 41 million rupees in the June 2009 quarter, down 37 percent from …

Sri Lanka Tata tea unit June net falls 37-pct

Aug 03, 2009 (LBO) – Sri Lanka's Watawala Plantations said net profit in the June 2009 quarter fell 37 percent to 37 million rupees from a year ago with …

Sri Lanka June tea exports fall

July 29, 2009 (LBO) - Sri Lanka's tea exports fell in June from a year ago with earnings for the first half buoyed by the rupee's depreciation against the …

Sri Lanka Talawakelle Tea Estates returns to profit

July 29, 2009 (LBO) - Sri Lanka's Talawakelle Tea Estates said it had returned to profit in the June 2009 quarter after making a loss in the previous quarter …

Sri Lanka June tea crop down 14 pct

July 23, 2009 (LBO) - Sri Lanka's tea production in June 2009 fell 14 percent to 23.6 million kilos compared with the same month in 2008 mainly because of …

Rice researchers say prices depend on US dollar

MANILA, July 21, 2009 (AFP) - A weak US currency is expected to put fresh pressure on rice prices just a year after a global supply crunch caused the cereal to …

Sri Lanka tea prices rise sharply

July 17, 2009 (LBO) - Sri Lankan tea prices rose sharply at this week's Colombo auction as volumes began declining, brokers said. The same type of teas from …

Sri Lanka cinnamon trade says malpractices giving bad name

July 14, 2009 (LBO) - Sri Lankan cinnamon prices are on the rebound after last year's crash, but exporters are calling for curbs on malpractices which they say …

Sri Lankan women farmers get US support

July 14, 2009 (LBO) - A US-funded loan scheme has helped Sri Lankan women farmers overcome capital shortages, droughts, and other calamities that threatened …

Sri Lanka tea aid dispersal slow: official

July 10, 2009 (LBO) - A Sri Lankan government aid package for the tea industry to recover from a crash in prices is being disbursed only slowly, a senior …

Sri Lanka coconut cultivators ask for freedom

July 07, 2009 (LBO) - Sri Lankan coconut cultivators have demanded they be allowed to sell land on which growing coconuts has become unremunerative as nut …

Sri Lanka rules out removing rice price controls

July 06, 2009 (LBO) - Sri Lanka's government which restricts the import of rice and has imposed high tariffs on substitute carbohydrates says 'price controls' …

Sri Lanka favours GM food: agriculture minister

July 03, 2009 (LBO) - Sri Lanka is not opposed to genetically modified (GM) food and is likely to allow their use with certain restrictions, a government …