Sri Lanka hunts new oil reserves in the south
COLOMBO, Oct 19, 2007 (AFP) - Sri Lanka is seeking international expertise to conduct seismic surveys off the southern tip of the island in a hunt for new oil …
Agriculture
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Sri Lanka tea exports fall but earnings rise
Oct 08, 2007 (LBO) – Sri Lankan tea exports up to August this year were sharply lower than in the same 2006 period but export earnings were higher, a tea …
Sri Lanka slaps new levy on rubber products
Oct 04, 2007 (LBO) – Sri Lanka has slapped a new tax on rubber products to raise funds for rubber sector development officials said, amid industry …
Sri Lanka Tea Board to monitor export quality closely
Oct 02, 2007 (LBO) – The Sri Lanka Tea Board plans to set up a tea testing laboratory to make sure that chemical residues and impurities do not get into …
Sri Lankan tea brokers mull mechanisation
Oct 01, 2007 (LBO) – Sri Lanka's tea brokers are considering mechanizing preparation of samples to speed up the work to handle ever increasing volumes. …
Sri Lanka tea production not seen reaching last year’s level
Sept 25, 2007 (LBO) – Sri Lanka's tea production for August was higher than the same month last year but the island is still to fully recover from the …
Sri Lanka tea estates try new employment model
Sept 22, 2007 (LBO) – Sri Lanka's plantations industry is looking at a new employment model to overcome difficulties caused by the existing 100-year-old …
Sri Lankan senior planter warns of industry losing allure
Sept 20, 2007 (LBO) – Sri Lanka's plantations are warning that the sector is losing its appeal to serious investors at a time when fresh capital is …
Sri Lanka tea firms brace for new wage demand
Sept 19 (LBO) – Sri Lanka's plantations companies face another crippling wage hike less than a year after giving one as politically powerful labour …
World oil price tops 81 dollars
SINGAPORE, Sept 18, 2007 (AFP) - Oil prices topped 81 dollars a barrel for the first time on Tuesday, setting another record high amid fears of critically …
Sri Lanka tea broker warns against unethical practices
Sept 18 (LBO) – A top tea broker has warned the industry not to take short cuts to get high prices at the Colombo auctions and instead to play strictly …
Sri Lankan plantations firms call for more land security
Sept 17, 2007 (LBO) – Sri Lanka's plantations companies have called for greater security of land on which they grow export crops like tea to ensure more …
Sri Lanka shares close lower
Sept 10, 2007 (LBO) – The Sri Lanka shares closed lower Monday after rising at the opening with interest in John Keells Holdings helping to improve …
Sri Lanka to encourage cashew cultivation, consumption
Sept 06, 2007 (LBO) – Sri Lanka has started a programme to encourage the cultivation and consumption of cashew nuts, saying it is good for health and has …
Unilever suggests two-tier tea market instead of supply controls
Sept 03, 2007 (LBO) – Tea producing countries should aim to produce better quality, certified tea and not try artificial supply controls to raise prices, …
Sri Lanka to tender exploration blocks in October; estimated one billion barrel deposit
September 03, 2007 (LBO) – Sri Lanka is tendering three off-shore oil exploration blocks in October and exploration firms are expected to begin work in …
Sri Lanka tea firms urged to grow own energy
Sept 1, 2007 (LBO) – Sri Lanka's tea plantations companies have been urged to grow their own fuel as a means of reducing costs at a time when fossil fuel …
Sri Lanka smallholder tea factory capacity outgstrips leaf
August 31, 2007 (LBO) – Sri Lanka's tea industry in the southern part of the region where low grown teas are cultivated mainly by smallholders have too …
Sri Lanka tea growers want to slash acreage, boost yields
August 30, 2007 (LBO) – Sri Lanka's tea industry should slash the vast acreages under cultivation by half and improve yields as it was becoming …
Kenya to emulate Sri Lanka for tea value addition
August 28, 2007 (LBO) – Kenya is hoping to learn from Sri Lanka to add value to tea and earn more revenue in the face of sharp falls in prices for her …