Category: Agriculture
India blocks Sri Lankan exports of spices using non-tariff barriers: SAPPTA
Sep 26, 2019 (LBO) – India has imposed an unrealistic Minimum Import Price (MIP) on Sri Lanka pepper and arecanuts resulting in negligible exports, the Spices & Allied Products Producers’ & Traders’ Association (SAPPTA) said. Sri Lanka exported around 75 percent of pepper exports and almost 100 percent of its arecanut exports to India. The […]
Tea top exporter Anverally and Sons wins 3 accolades
Recognised at Presidential Export Awards and National Chamber of Exporters’ Awards Anverally and Sons (Pvt) Ltd., one of Sri Lanka’s oldest and most respected exporters of tea, with a history of 129 years, won three prestigious awards on consecutive days last week, demonstrating the Company’s continuing dynamism. Currently ranked one of the largest tea exporters […]
Youth leaders vow continued pressure to address climate emergency
Sep 23, 2019 (LBO) – A day after thousands of young people marched and rallied for urgent climate action, young leaders brought their message to the United Nations for the Youth Climate Summit, the opening salvo of the three days long United Nations Climate Action Summit, which will culminate today. The Youth Climate Summit—the first […]
Disaster risk resilience: key to protecting vulnerable communities
By Armida Salsiah Alisjahbana The past five years have been the hottest on record in Asia and the Pacific. Unprecedented heatwaves have swept across our region, cascading into slow onset disasters such as drought. Yet heat is only part of the picture. Tropical cyclones have struck new, unprepared parts of our region and devastatingly frequent […]
Tea: July 2019 national average shows gains month on month
Aug 08, 2019 (LBO) – The national average for the month of July 2019 totalled 497.35 rupees against 494.48 rupees of June 2019, showing a marginal increase of 2.87 rupees month on month and in comparison to July 2018 average of 537.88 rupees however shows a decrease of 40.53 rupees. When analyzing the respective elevational […]
PA warns of damage to local oil palm industry if seedling crisis not resolved soon
Jul 30, 2019 (LBO) – The Planters’ Association of Ceylon (PA) sounded the alarm on the escalating 500 million rupees oil palm seedling crisis, warning of dire and irreversible damage to the industry within the next 3 months if definitive action was not taken to reverse the de facto ban on oil palm cultivation and […]
Sri Lanka expects to resume tea exports to Iran from August
July 25, 2019 (LBO) – Sri Lanka expects to resume Ceylon Tea exports to Iran under a special barter agreement between the two countries by the end of next month, the Plantation Ministry said. According to the ministry, Ceylon Tea will be exported to Iran to settle a due amount of 240 million US dollars […]
US Ambassador meets Plantation Industries Minister Navin Dissanayake
US Ambassador to Sri Lanka Alaina B. Teplitz met Minister of Plantation Industries Navin Dissanayake and State Minister of Plantation Industries Wadiwel Suresh, today at the Ministry premises in Sethsiripaya, Battaramulla. During the meeting, the status of Sri Lankan Tea in the US, its potential in the US market and the export situation of the […]
Xuebing Sun assumes duties as new FAO Representative for Sri Lanka
Xuebing Sun presented his credentials to Mr. Tilak Marapana, Minister of Foreign Affairs of the Democratic Socialist Republic of Sri Lanka, as the new Representative of the Food and Agriculture Organization (FAO) in Sri Lanka, at the Ministry premises on Monday, 10th June. Mr. Sun is a Senior Environmental Economist by training with 32 years […]
Sri Lanka tea prices down in May 2019
Jun 06, 2019 (LBO) – Sri Lanka’s tea prices or national average for May 2019 were down to 51.69 rupees vis-à-vis May 2018 with medium and low growns showing the biggest deficit, a report shows. “In first 5 months of year, prices show a decrease of 41.64 compared to 2018,” Forbes and Walker Tea Brokers […]
Fishing For Sustainable Profits in the Northern Province
By Jekhan Aruliah I have so often heard from well meaning cash rich Diaspora that they can’t find sensible investment opportunities in the North. As the Good Book says, “seek and ye shall find”. For example, look at the Northern fisheries industry. It may surprise you to hear that the Northern Province has about 40%* […]
‘s National tea sales average down in April 2019
May 09, 2019 (LBO) – Sri Lanka’s tea sales for the month of April 2019 showed a decrease when compared with the same period last year, a new report shows. “National average for the month of April 2019 totalled 578.23 rupees vis-à-vis 585.92 rupees of March 2019 showing a marginal decrease of 07.69 rupees month on […]