Category: Agriculture
Opinion: Building a resilient food system in Sri Lanka in an age of pandemic
Manoj Thibbotuwawa COVID-19 is dealing an unprecedented blow to economies around the globe and the health risk is only the tip of the iceberg. Among the many impending crises resulting from the pandemic, rising food insecurity due to lockdown measures is one of the most critical. The 2020 Global Report on Food Crises highlights that […]
Pelwatte to explore continued local dairy self-sufficiency Post COVID-19
The local dairy industry leader, Pelwatte, has pledged to ensure continued exploration towards establishment of self-sufficiency in the local dairy industry. At a meeting con-ducted with the Senior Members of the Government of Sri Lanka, when probed on the threshold of self-sufficiency post COVID-19, in all agricultural and food products in Sri Lanka, Pelwatte denoted […]
Local oil palm industry ready to support govt. domestic agriculture drive: POIA
May 04, 2020 (LBO) – Sri Lanka’s oil palm cultivators can provide tangible support to the government’s efforts to promote local agriculture and import substitution as a response to the impact of the COVID-19 pandemic on the national economy, the sector’s apex industry association has said. In a statement, the Palm Oil Industry Association (POIA) […]
Key recommendations to transform Agriculture Sector in Sri Lanka
Sri Lanka Agripreneurs’ Forum recommends 11 points to transform the Agriculture Sector in Sri Lanka.
President explores possibility of developing Agri & other industries
President Gotabaya Rajapaksa is pondering the idea of creating a new mechanism by combining all districts in the country to purchase, store and distribute agro products. The Government Agents should take this mechanism forward, President emphasizes.President made these observations during a meeting with the District Secretaries held at the Presidential Secretariat today (20). The cooperation […]
Plantation sector estimates 40-pct drop in tea production from 3-month drought
Apr 16, 2020 (LBO) – Planters’ Association of Ceylon (PA) estimates a 40 percent drop in estate tea production solely resulting from unprecedented drought for the past 3 months. PA Chairman, Sunil Poholiyadde releasing a statement said that the loss in crop had already created an increase in the cost of production. However, given the […]
Rice mills declared an essential service
Apr 10, 2020 (LBO) – Since the provision of essential foods and rice production storage and distribution is imperative to ensure food security, services of the owners of all rice mills have been declared an essential service under the COVID – 19 quarantine process. Statement from President’s Media Division: Rice mills owners of the country […]
Sri Lanka national tea sale average up in Feb 2020; Highest since April 2018
Mar 05, 2020 (LBO) – National average for the month of February 2020 totalled Rs. 601.91 vis-à-vis Rs. 588.85 of January 2020, showing an increase of Rs. 13.14 month on month. In comparison to February 2019 average of Rs. 581.96, shows an increase of Rs. 20.03 YOY. When analysing the respective elevational averages for the […]
President orders to ensure adequate fertilizer supply during Yala season
Mar 04, 2020 (LBO) – President Gotabaya Rajapaksa has directed officials to ensure supply of the required amount of fertilizer for the Yala season without delay. The fertilizer stocks are due to arrive in the island within the coming weeks. The President further instructed to design a proper procedure to swiftly distribute fertilizer among all […]
Sunshine Holdings’ reports PAT Rs.1.7Bn, up 32.3-pct YoY
Feb 17, 2020 (LBO) – Boosted by the divestment of its tea plantations, diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) reported notable growth in bottom-line performances during the first nine months of the current financial year (9MFY20). During this period, the Group posted a consolidated revenue of Rs. 15.8 billion, delivering a 32.3% […]
Experts suggest blue ocean strategy for Ceylon Tea
Feb 13, 2020 (LBO) – The strategy experts suggest that the Sri Lanka tea industry should consider adopting the blue ocean strategy for it’s profitably and sustainability. The comments were made at a seminar organized by Tea Exporters Association recently under the theme of “Inventing New Horizons for Ceylon Tea” with the objective of finding […]
Planters’ Association urges policy makers to make final decision on oil palm cultivation
Jan 17, 2020 (LBO) – Planters’ Association of Ceylon urges policy makers to urgently convene a meeting of all stakeholders in order to make a final determination on the subject of oil palm cultivation in Sri Lanka, after having fully considered all available and verified scientific and economic data on the subject. Full Statement Sri […]