Category: Agriculture
ADB Approves USD 200 Million Loan to Mitigate Sri Lanka Food Crisis
The Asian Development Bank (ADB) approved a $200 million emergency assistance loan for Sri Lanka, with funds repurposed from other ongoing ADB projects, to improve food security and protect the livelihoods of the poor and vulnerable, especially women and children. “Food insecurity has severely affected the people of Sri Lanka amid the current economic difficulties. […]
16 Key Private Sector Leaders come together to support Food Security efforts
The private sector in Sri Lanka has historically played a key role in providing support to humanitarian efforts; rebuilding from the devastating effects of the Indian Ocean Tsunami, Seasonal floods, tackling the COVID-19 pandemic, and now, supporting socio-economic recovery for the most vulnerable communities in the country. The United Nations Development Programme (UNDP) in Sri […]
India agrees to provide USD 55mn loan through Export-Import Bank to procure Urea
The Government of India has agreed to provide a $ 55 million loan through the Export-Import Bank of India for the procurement of Urea for the 2022/23 Maha season. It is expected to cultivate 800,000 hectares of paddy in the 2022/23 Maha season and estimated that 150,000 metric tons of Urea, 45,000 metric tons of […]
Indian Prime Minister assures supply of fertilizer expeditiously: President
President Gotabaya Rajapaksa has said that Indian Prime Minister Narendra Modi has agreed to provide the fertilizer required for the Yala season cultivation immediately. The fertilizer will be supplied under the Indian loan facility and it is scheduled to distribute within 20 days of receiving it in Sri Lanka. The President made these remarks at […]
Uncovering the human element in ESG at Kelani Valley Plantations;Report
The challenge of driving meaningful progress in Environmental, Social and Governance (ESG) standards hinges on people more than it does processes or policies. That is why organisations that can understand the human element in driving change tend to set the pace in their respective industries. As a true pioneer among Sri Lanka’s Regional Plantation Companies […]
Commercial plantations urge immediate Government action to prevent industry’s demise
The Government’s failure to allocate fuel quotas to the Regional Plantation Companies (RPCs), together with continuous power disruptions and uninformed policymaking, is bringing Sri Lanka’s commercial plantations to a standstill. Due to the lack of fuel, all leaf and latex transport operations have been severely impacted and there is insufficient fuel to operate standby generators. Accordingly, […]
‘ Association
The Colombo Tea Traders’ Association established in 1894 is the apex private sector body comprising of all Stakeholders namely Growers, Manufacturers, Brokers and Buyers/Exporters. The Industry supports the livelihood of over 2 million people and is pivotal in sustaining the key areas in the rural economy. Sri Lanka exports over 90% of its annual production […]
Revenue from export of minor crops last year USD 450Mn: Plantation to report USD 600Mn
Plantation Minister Dr. Ramesh Pathirana says the country earned US 450 million dollars from the exportation of minor export crops including cinnamon, pepper and cardamom. He also said that the plantation sector is expected to earn around US $ 600 million this year. He was speaking at the opening of the Spice House and the […]
With confidence and commitment vision of Green Agriculture can be accomplished, President
Farmers who used organic fertilizer correctly during the Maha season have achieved high yields. District Secretaries say that the Government’s green agriculture agenda can be succeeded by educating the farmers who did not turn to it and avoiding the shortcomings. This was stated at a discussion held at the Presidential Secretariat today (15) regarding the […]
President invites Saudi Arabia to invest in several sectors
President Gotabaya Rajapaksa informed Saudi Arabian Foreign Minister Faisal bin Farhan Al Saud that he would like to invite Saudi Arabia to make direct investments in several sectors. The President made these remarks during a meeting held with the Foreign Affairs Minister of Saudi Arabia at the Presidential Secretariat this morning (14). The President pointed […]
Sri Lanka’s inaugural Protected Geographical Indication for Ceylon Cinnamon
When was it received? Ceylon Cinnamon was added in the register of protected designations of origin and Protected Geographical Indications (PGI) on 2nd February, 2022. The EU commission by the implementing regulation – (EU) 2022/144, entered a name ‘Ceylon Cinnamon’ in the register of protected designations of origin and protected geographical indications (Ceylon cinnamon (PGI). […]
Diaspora investment in Mullaitivu, Mullai Milk Processing Industries
By Jekhan Aruliah Mr S.Thavaseelan, known as Seelan, was born in Kayts a town at the Northern end of Jaffna’s Velanai Island. His father, who delivered letters for the Ceylon Post Office, died when Seelan was 4 years old. He left the young family with a government pension which his mother supplemented doing other jobs. […]