President, PM declared open Moragahakanda, biggest reservoir of Mahaweli
Jan 08, 2018 (LBO) – Sri Lanka’s President and Prime Minister on Monday declared open Moragahakanda, the last but biggest reservoir of the multipurpose …
Agriculture
Sri Lanka to promote organic food production and open an export market for the products
Dec 21, 2017 (LBO) Sri Lanka's government has given the nod for the promotion of organic food production and opening of export market for such products, a …
Sri Lanka GDP down to 3.3-pct in Q3
Dec 16, 2017 (LBO) - Sri Lanka's Gross Domestic Product growth rate for the third quarter of 2017 has been estimated as 3.3 percent, slower than 4.6 percent …
World Soil Day observed in Sri Lanka’s central highlands
08, Dec 2017 Colombo, Sri Lanka - World Soil Day is held annually in December as a means to focus attention on the importance of healthy soil and advocating …
Sri Lanka Tea prices show gains in Nov 2017
Dec 08, 2017 (LBO) - Sri Lanka tea prices at the November 2017 auctions showed gains in high, medium and low growns, a new report said. "When analyzing the …
Planters Association calls for greater support in oil palms
Nov 30, 2017 (LBO) - Sri Lanka’s Planters Association has called for more support for palm oil as profits from the crop are rising at a healthy pace. …
Opinion : Sustainable oil palm central to success of Sri Lanka’s plantation industry
By Professor Asoka Nugawela Department of Plantation Management, Faculty of Agriculture and Plantation Management, Wayamba University of Sri Lanka. …
India rice starts moving in Sri Lanka, shortages over
The first batch of low priced rice out of the huge 100000 MT Indian rice tranche has been offloaded and is now moving within Sri Lankan retail market, ending …
Sri Lanka warehouses in overdrive as Indian rice tranche starts arriving
Ending the country’s long wait, fresh rice shipments from India began finally arriving in state owned warehouses in Sri Lanka on 24 October. 38 rice …
Sri Lanka’s CIC buys specialty fertilizer firm for Rs.238Mn
Oct 17, 2017 (LBO) - Sri Lanka’s CIC Holdings, a subsidiary of CIC Holdings said it acquired a 70 percent stake in Unipower (Pvt) Limited, a firm that …
Animals destroy one-third of Sri Lanka’s crop production: President
Oct 06, 2017 (LBO) – Sri Lanka’s President Maithripala Sirisena highlights that one-third of country’s crop production is affected and destroyed by …
CIC invests Rs2 bln in Sri Lanka’s agriculture, new technology
Sept 11, 2017 (LBO) - Sri Lanka’s agriculture company CIC Group says it is elevating the country’s agriculture sector with investments amounting to over …
Sri Lanka tea prices up in August 2017
Sept 07, 2017 (LBO) - Sri Lanka's tea prices at auctions in August averaged 606.86 rupees, up from 473.78 rupees from an year ago, Forbes and Walker Tea …
Govt approves further amendments to plantation estate act
Aug 16, 2017 (LBO) - Sri Lanka's cabinet of ministers has approved to further amend the tea, rubber and coconut estates (Control of fragmentation) Act No.2 of …
Sri Lanka’s Opex Holdings invests Rs550 mln in liquid fertilizer plant
Aug 03, 2017 (LBO) - Opex Holdings, an agriculture company, said that they have invested 550 million rupees in a liquid fertilizer manufacturing plant in …
Sri Lanka secures immediate rice stock from Pakistan, Myanmar
The four man Lankan team of officials that flew to Pakistan and Myanmar to select rice tranche, has returned to Colombo today July 14 morning-and reports tale …
Govt to provide rice at concessionary rate: President
July 11, 2017 (LBO) - Sri Lanka's President Maithripala Sirisena says the government will provide rice at a concessionary rate to the public by importing it …
School gardens promoted by FAO and Sri Lanka’s education ministry
July 10, 2017 (LBO) - Food and Agricultural Organization of the United Nations (FAO) with the Ministry of Education kicked off a project where schools …
Sri Lanka rice call enters phase II with four countries shortlisted
July 07, 2017 (LBO) - Sri Lanka has decided to take a closer look at four international rice suppliers to meet its market needs, the Ministry of Industry and …
Sri Lanka tea prices show significant gains in June
July 06, 2017 (LBO) - Sri Lanka tea prices at the June 2017 auctions showed gains in high, medium and low growns, a new report said. "Auction average for the …