Sri Lanka Govt gives Cabinet nod to increase subsidy for rubber planting

Aug 23, 2018 (LBO) – Sri Lanka’s cabinet of Ministers has given the go ahead for increasing subsidies given to farmers for planting rubber in a bid to increase productivity in the industry, a statement said. The subsidy for new planting will be doubled to 300,000 rupees a hectare and the subsidy for replanting will […]

Moragahakanda Kalu Ganga Reservoir water filling commences

July 23, 2018 (LBO) – Sri Lanka marked the completion of the Mahaweli Multipurpose Project after the water filling of the Moragahakanda Kalu Ganga Reservoir commenced today under the patronage of President Maithripala Sirisena. Mahaweli Multipurpose Project initially inaugurated at Polgolla in the Central Province by the then Prime Minister Sirimavo Bandaranaike on 08 January […]

Sri Lanka – UNWFP join hands to improve nutrition and food security

Jul 23, 2018 (LBO) – The UN World Food Programme (WFP) and the government of Sri Lanka have signed a Letter of Understanding (LOU) on its next phase of partnership to enhance food security and nutrition, in support of the government’s Vision 2025 and sustainable development goals. The LOU was signed by Dr. R. H. […]

Increased rice yield to support Sri Lanka’s agricultural rebound: OBG

June 08, 2018 (LBO) – Following a series of climate-impacted yields, Sri Lanka’s agricultural sector is forecast to rebound in 2018, with stronger rice production and the reintroduction of tariffs expected to reduce the country’s import bill and strengthen national earnings, Oxford Business Group said. Sri Lanka economic update – Oxford Business Group Rice production for […]

Global black tea production to go up 2.2-pct annually over next decade: Report

May 28, 2018 (LBO) – World production of black tea is projected to rise annually by 2.2 percent over the next decade to reach 4.4 million tonnes in 2027, reflecting major output increases in China, Kenya and Sri Lanka. Releasing a new report about global tea consumption and production, Food and Agriculture Organization’s Intergovernmental Group (IGG) […]

Sri Lanka tea exports up in April 2018, Low grown production down

May 24, 2018 (LBO) – Sri Lanka’s tea exports for the month of April 2018 showed a gain of 0.7M/kgs when compared with the same period last year while bulk tea and tea bags show a marginal decrease, a new report shows. “When analyzing the total revenue realized of 17.1 billion rupees for April 2018, […]

‘s agricultural sector

May 10, 2018 (LBO) –The European Union has launched a 810 million rupee project to support the modernization of Sri Lanka’s agriculture sector. The project “Support to the modernisation of the agriculture sector in Sri Lanka” will be implemented by Ecorys. A technical assistance team will assist the Government in making the agriculture sector more […]

Planters’ Association hails decision to lift ban on glyphosate

May 02, 2018 (LBO) – The Planters’ Association of Ceylon (PA) issued a statement commending yesterday’s Government decision to lift the arbitrary ban on the importation of glyphosate-based weedicides in view of the overwhelming scientific consensus that the substance is not harmful to human health. At the outset we wish to express our sincere and […]

Opinion: The Glyphosate Story, CKDu, food security and national economy

  Time-tested weed control techniques/tools such as glyphosate,have been removed without scientific proof, affecting our food security and national economy The ban has opened up avenues for business crooks to import the product illegally Glyphosate ban should be lifted and we should continue research on effective and economically viable alternatives   By Professor Buddhi Marambe […]

DIMO Agribusinesses partners Plantchem and Plantseeds to boost local agriculture

(PRESS RELEASE) – DIMO Agribusinesses, the agriculture arm of Diesel & Motor Engineering PLC (DIMO), recently entered into partnership with Plantchem (Pvt) Limited and Plantseeds (Pvt) Limited to expand its footprint in the Agriculture business. The new partnership will enable DIMO Agribusinesses to expand its product portfolio in crop care solutions, seeds and other agriculture […]

Sri Lanka tea prices up in January 2018

Feb 08, 2018 (LBO) – Sri Lanka’s tea prices at auctions in January averaged 640.05 rupees and shown a growth of 43.79 rupees from an year ago, Forbes and Walker Tea Brokers said. Prices of teas from all three elevations rose during January with the biggest gains in the high grown varieties. “Total Auction average […]

Spice Traders welcome ban on re-export of pepper from Sri Lanka

Jan 29, 2018 (LBO) – Spices & Allied Products Producers’ & Traders’ Association said they are happy to learn that President Sirisena has directed the re-export of Pepper from Sri Lanka would be banned from February 10th 2018. Addressing a public rally yesterday, the President said steps will be taken to completely stop the re-export […]

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