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 […]

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 Mahaweli Project. Moragahakanda will irrigate parched dry lands in faraway Vanni in the Northern Province on one side and Rajarata, Wayamba, Central and Eastern Provinces on the other. Today also marks […]

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 of a government to government level success. No less than 55000 MT rice has been made available to Sri Lanka immediately by both Pakistan and Myanmar. Minister of […]

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 from other countries, if the price goes up in the local market further. Paddy production in the island decreased due to the recent drought he said, while addressing a ceremony […]

‘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 develop their own garden for child nutrition and life skills. “School gardens can be used as a classroom by reconnecting children with the outdoors and the source of their food,” said Nina Brandstrup, […]

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 proposals. There has been a significant debate on the issue of importing cheaper leaves for blending and re-export, over fears of damaging Ceylon Tea brand. Some tea exporters […]

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 last week, a report said. “The worst affected is the Southern and Sabaragamuwa provinces,” Forbes and Walker Tea Brokers said. “Needless to say, the current scenario would adversely […]

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 Supply Minister Rauff Hakeem said. Speaking to journalists at the Disaster Management Center on Tuesday, Minister assured that pipe borne water supply in the country was not contaminated […]

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 Walker Tea Brokers said. “Tea Exports for the month of April 2017 totaled 20.1M/kgs vis-à-vis 22.1M/kgs of April 2016 thus showing a decrease of […]

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 fight against chronic kidney disease of unknown aetiology (CKDu). Sri Lanka’s High Commissioner to Australia, Somasundaram Skandakumar, and the CEO of ANSTO, Dr Adi Paterson, signed an MOU that will see […]

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