Category: Agriculture

The Inland Revenue Department made Value Added Taxes (VAT) payments mandatory on all teas brought for the local market at the weekly auctions. The Inland Revenue Department made Value Added Taxes (VAT) payments mandatory on all teas brought for the local market at the weekly auctions. The tax was slapped on beginning at this week’s […]

Regional plantation companies are seeking government assistance to help them raise up to a billion rupees in debt urgently.Regional plantation companies are seeking government assistance to help them raise up to a billion rupees in debt urgently. The cash-strapped RPC’s say they need the cash to help pay the higher salaries and arrears that have […]

All rubber cultivators, from smallholders to plantation companies can get a Rs.100,000 subsidy per hectare for replanting, from a recently set up rubber cess fund. All rubber cultivators, from smallholders to plantation companies can get a Rs.100,000 subsidy per hectare for replanting, from a recently set up rubber cess fund. A Rs. 49,000 per hectare […]

Tea exporter Akbar Brothers raised its stake in Tea Smallholders to 20 percent by picking up a minority stake, brokers said. Tea exporter Akbar Brothers raised its stake in Tea Smallholders to 20 percent by picking up a minority stake, brokers said. The strategic parcel of 1.1 mn or just under eight percent shares was […]

The Plantation Industries Ministry is looking at financing local coconut production through a cess on coconut oil and palm oil imports.The Plantation Industries Ministry is looking at financing local coconut production through a cess on coconut oil and palm oil imports. “We will set up a Rs. 300 mn cess fund for the coconut industry […]

Sri Lanka tea exports to end August 2004 hit 199.29 million kilos the highest quantity shipped for this period and indicates that Sri Lanka is on its way to achieving a new record for the year.Sri Lanka tea exports to end August 2004 hit 199.29 million kilos the highest quantity shipped for this period and […]

Extreme weather conditions continue to beat at high and mid grown tea production, with the sectors output dropping 10.27 percent since August 2003. Extreme weather conditions continue to beat at high and mid grown tea production, with the sectors output dropping 10.27 percent since August 2003. Asia Siyaka Commodity Brokers reported that the high and […]

A draft Cabinet paper to allow the Tea Board to slap on an additional one rupee cess on made teas will be presented to policy makers shortly.A draft Cabinet paper to allow the Tea Board to slap on an additional one rupee cess on made teas will be presented to policy makers shortly. The additional […]

Vital health indicators in Sri Lanka’s plantation sector have improved significantly since privatisation and the establishment of the Plantation Housing and Social Welfare Trust (PHSWT) in 1992, an industry apex body said this week.Vital health indicators in Sri Lanka’s plantation sector have improved significantly since privatisation and the establishment of the Plantation Housing and Social […]

A preliminary round of wage talks fell through, with the Unions saying it is tough negotiation for a Rs.400 a day wage. A preliminary round of wage talks fell through, with the Unions saying it is tough negotiation for a Rs. 400 a day wage. Unions say a Rs. 400 a day wage promise by […]

Inspired by a French perfumer and egged on by an English aficionado, a Sri Lankan master tea maker has revived a centuries-old Chinese tradition to make a brew that few but an emperor could afford.Inspired by a French perfumer and egged on by an English aficionado, a Sri Lankan master tea maker has revived a […]

Workers in Sri Lanka’s rubber sector are tapping the benefits of the current price boom as a result of a Price Share Supplement (PSS) introduced in January this year in the wake of an agreement between unions and plantation management companies. Workers in Sri Lanka’s rubber sector are tapping the benefits of the current price […]