Category: Agriculture

Jan 04, 2008 (LBO) – Sri Lankan tea prices could be pushed higher if violence in Kenya, the world’s biggest tea exporter, disrupts supplies to the world market, trade officials said. The violence in Pakistan, a big tea consumer nation, could on the other hand dampen demand, they said. There has been no impact yet […]

Dec 31, 2007 (LBO) – Sri Lankan cloves growers are seen benefiting from an expected rise in prices owing to a shortfall in production in the island and elsewhere and rising demand, trade officials said. Cloves production in India, the main buyer of the Sri Lankan spice, is also down and unable to meet the […]

SEENIGAMA, Sri Lanka, Dec 23, 2007 (AFP) – Sri Lanka at the weekend revived an ancient ritual of offering the first cinnamon harvest to the gods, three years after a devastating tsunami wiped out centuries-old plantations here.Some 30,000 people are employed in chopping off cinnamon branches and turning out quills. In a pageant involving traditional […]

Dec 09, 2007 (LBO) – Sri Lanka has not given environmental clearance for a controversial sugar project yet and its first application for approval has been rejected, a top official said. . A cane cultivation project in Bibile, in the Uva province of Sri Lanka, has drawn heavy fire from environmental activists and academics who […]

Nov 30, 2007 (LBO) – Sri Lanka is getting 360 million dollars in concessionary aid from Iran to build a multipurpose irrigation project that will generate 100 MegaWatts of electricity and divert water to irrigate the south of the country, officials said. The Uma Oya project with cost a total of 450 million dollars, Treasury […]

Nov 29, 2007 (LBO) – Sri Lanka is trying to make use of grazing lands freed from the grip of Tamil Tiger rebels in the island’s east to increase domestic fresh milk production. . The initiative would help meet domestic demand and reduce imports at a time when global milk prices have doubled owing to […]

Nov 27, 2007 (LBO) – Sri Lanka is supporting efforts by other major tea growing countries to form a forum exclusively for tea producing nations, Ranjith Abeykoon, director of Tea Promotions said. The idea, being discussed at the on-going India International Tea Convention in Guwahati, is to increase global demand for tea, which now still […]

Nov 23, 2007 (LBO) – Sri Lankan spice producers are urging the government to get big corporate plantations companies to grow more spice crops to meet growing global demand. “There is a need to grow more spices for export to the global markets,” the Spices and Allied Products Producers and Traders’ Association (SAPPTA) said in […]

Nov 16, 2007 (LBO) – Sri Lanka’s Tea Board Friday announced it was waiving documentation fees for exporters who use an electronic export document processing system in an effort to encourage more automation. . The system, designed and implemented by eServices Lanka, enables tea exporters to submit documents electronically seeking approval for export without having […]

Nov 07, 2007 (LBO) – Sri Lanka’s domestic agriculture and processing industry was promised sweeping relief by the government including tax waivers and loan write-offs and more cash for subsidized fertilizer, in the 2008 budget. The politically important rice farmers would continue to get any type of fertilizer at 350 rupees per bag while urea […]

Nov 01, 2007 (LBO) – Rising low grown tea prices have helped boost Sri Lanka’s Tea Smallholder Factories’ second quarter profit net profit 151 percent to 33.5 million rupees compared with the same period a year ago. Revenue for the quarter ended September 30, 2007 shot up 62 percent to 578 million rupees, according to […]

Oct 23, 2007 (LBO) –Hayleys subsidiary Talawakelle Tea Estates has reported a sharp fall in profits up to September this year as it struggles to recover from the effects of a strike which crippled production late last year and bad weather. Production fell even after the strike as estates were forced to prune and discard […]