Sri Lanka drought dries up tea company cash flows
Oct 04, 2012 (LBO) – A severe drought has damaged tea plants in key Sri Lankan growing regions causing crop losses and cash flow problems for some …
Agriculture
Sri Lanka Nestlé unit sets milk collection record
Oct 03, 2012 (LBO) – Nestlé Lanka, a unit of Swiss based Nestlé said it had collected five million litres of milk from domestic farmers, which was …
Sri Lanka receive Japanese grant to revive livelihoods in Vavuniya
Aug 20, 2012 (LBO) – The Japanese government handed over a 11.7 million rupee ($90,000) grant to a community development organization to revive …
Sri Lanka to hold international pepper conference in Colombo
Aug 17, 2012 (LBO) – Sri Lanka is to hold the 40th International pepper conference in Colombo later this, Cabinet spokesman Keheliya Rambukwella said. …
Sri Lanka bought leaf factory returns to profit
July 23, 2012 (LBO) – Tea Smallholder Factories Plc, a unit of Sri Lanka’s John Keells Holdings had posted 23.9 million rupees in profits in the …
Rubber futures falls to 4-month low: report
May 16, 2012 (LBO) – October rubber futures in Tokyo fell to a 4-month low of 265 yen a kilogram (3,317 dollars a tonne) before settling at 270.1 yen on …
Sri Lanka owes 16 billion rupees to fertiliser importers
July 09, 2012 (LBO) – Sri Lanka owes fertiliser importers some 16.0 billion rupees for purchasing fertiliser to be distributed among farmers growing a …
Sri Lanka urged to depoliticise tea estate wages
July 09, 2012 (LBO) – Sri Lanka, one of the world™s largest tea exporters, has been urged to replace its ageing politicised wage structure with a …
Sri Lanka bans exports of rice in new state intervention
June 29, 2012 (LBO) – Sri Lanka said it had banned the export of rice amid a drought to ensure that the “country will have adequate rice stock at …
Sri Lanka tea production down in May
June 20, 2012 (LBO) – Sri Lanka’s tea production fell 8.4 percent to 30.8 million kilograms in May 2012 from a year earlier, the state tea …
Sri Lanka CIC Holdings to invest US$14mn in expansion
June 05, 2012 (LBO) – Sri Lanka’s CIC Holdings PLC, with investments from agriculture to paints, plans to invest over 14 million dollars in the …
Sri Lanka ships, plucks less tea in April
May 24, 2012 (LBO) – Sri Lanka, one of the world™s biggest tea exporters, produced and shipped less of the brew for the four months to April this year, …
Sri Lanka Nestle March net down 25-pct
May 22, 2012 (LBO) – Sri Lanka’s Nestle Lanka Plc, a unit of a Swiss food firm said profits in the March 2012 quarter fell 25 percent to 461 …
Sri Lanka Finlays estates diversify crops
May 22, 2012 (LBO) – Sri Lanka’s Hapugastenne and Udapussellawa Plantations, controlled by James Finlays said losses were making it difficult to …
Sri Lanka starts exporting maize
May 21, 2012 (LBO) – Sri Lanka’s will export its first consignment of maize on May 22, filling a part of a 10,000 tonne order to Taiwan and Canada …
Electric Lessons
May 21, 2012 (LBO) – Hearing I was off to the Himalayan Kingdom of Bhutan, a friend wrote ‘come back and tell us what you learned.’ This …
Sri Lanka plans rice exports to South Africa: minister
May 21, 2012 (LBO) – Sri Lanka is in talks with a South African commodity firm to export 20,000 tonnes of rice lying at Paddy Marketing Board, a …
Sri Lanka tea farmers oppose imports
May 17, 2012 (LBO) – Sri Lanka’s large tea growers have opposed a proposal by major exporters to import teas for re-export to make the island a …
Sri Lanka ships less tea, benefits from weak rupee in first quarter 2012
May 17, 2012 (LBO) – Sri Lanka, one of the world™s biggest exporters of black tea, shipped less brew during the first quarter of this year, but a weak …
Sri Lanka tea exporters say they do not want low quality imports
May 15, 2012 (LBO) – Sri Lanka’s major tea exporters, who have made a proposal to liberalize tea imports to make the island a global centre for …