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 …
Agriculture
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 …
Sri Lanka’s global Ceylon Tea Party kicks off
July 06, 2017 (LBO) - Sri Lanka and Ceylon Tea are hosting what is popularly known as “The Global Ceylon Tea Party” at Sri Lankan diplomatic missions in …
Sri Lanka to abolish import control fee for tea
June 21, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to abolish the import control license fee for imported tea in line with 2017 budget …
Sri Lanka tea production to be impacted by bad weather
Jun 02, 2017 (LBO) - Sri Lanka's tea production is likely to be further impacted as the country experienced its worst disaster from torrential rain since 2003 …
Sri Lanka’s pipe borne water supply is not contaminated: Minister
May 30, 2017 (LBO) – Sri Lanka’s pipe borne water distributed through the National Water Supply and Drainage Board is safe to use, City Planning and Water …
Sri Lanka tea export volumes down in April, revenue up
May 25, 2017 (LBO) - Sri Lankan’s tea exports fell to 20.1 million kilos in April 2017, a nine percent dip from a year ago, but revenue was up, Forbes and …
Australia, Sri Lanka partner to fight chronic kidney disease
May 25, 2017 (LBO) – Australian Nuclear Science and Technology Organisation (ANSTO) Thursday signed an MOU with the Presidential Taskforce to assist in the …
Jinasena launches solar irrigation with increased efficiency
May 12, 207 (LBO) - Sri Lanka's Jinasena (Pvt) Limited, a water management systems and solutions provider, launched a new solar irrigation system that pumps 10 …
Sri Lanka expands crop insurance to five other crops
May 02, 2017 (LBO) – Sri Lanka’s Finance Ministry has expanded crop insurance that has so far covered paddy cultivation to five other food crops. The …