Sri Lanka bought leaf tea factory makes loss
Jan 24, 2011 (LBO) – Sri Lanka’s Tea Smallholder Factories Plc, a unit of John Keells Holdings said it lost a million rupees in the December 2012 …
Agriculture
Sri Lanka seen needing to improve land, labour productivity
Jan 20, 2012 (LBO) – Sri Lanka’s plantation companies are in crisis with high costs and falling commodity prices that only greater labour and land …
Sri Lanka Renuka Agri Foods to buy dairy firm
Jan 17, 2012 (LBO) – Sri Lanka’s Renuka Agri Foods plans to buy control of Richlife Dairies Limited, a manufacturer of dairy and fruit products, a …
Sri Lanka asks Indian fishers to respect maritime border
Jan 15, 2012 (LBO) – Sri Lanka has called upon Indian fishermen to respect maritime boundary while both countries have agreed to faster release of …
Sri Lanka India fishing dispute talks in Jan
Dec 29, 2011 (LBO) – Sri Lanka and India will hold talks on resolving a fishing dispute which escalated after the end of a 30-year war, when a joint …
Sri Lanka asks Russia for phased import duty reduction
Dec 21, 2011 (LBO) – Sri Lanka has asked Russia to cut import duty on tea in a phased manner following its admission to the World Trade Organisation …
Sri Lanka tea trade sees gains from Russia WTO entry
Dec 20, 2011 (LBO) – Russia’s entry in to the World Trade Organization last week will enable high import duty on value-added tea to be reduced, …
Sri Lanka targets Russia with specialty teas
Dec 19, 2011 (LBO) – A specialty tea contest held in Russia recently would help Sri Lankan exporters promote Ceylon teas in the biggest market for the …
Sri Lanka tea meet to seek common standard
Dec 16, 2011 (LBO) – Tea producing and consuming countries will seek to agree on a common standard for pesticide residue levels in tea during a meeting …
Sri Lanka to examine shortcomings in crate law
Dec 15, 2011 (LBO) – Sri Lanka will go ahead with a new law requiring transport of fruits and vegetables in plastic crates but would look into any …
Sri Lanka’s CIC and Dubai firm in indoor plant deal
Dec 12, 2011 (LBO) – Dubai-based S S Lootah International said it had inked a partnership with Sri Lanka’s CIC Agri Business to supply ornamental …
Sri Lanka top tuna loin exporter to EU
Dec 09, 2011 (LBO) – Sri Lanka has emerged as the top tuna loin exporter to the European Union and is ramping up production aiming to earn a billion …
Sri Lanka fish exports face slowdown in Western markets
Dec 08, 2011 (LBO) – Fish exports from Sri Lanka, which is trying to make the industry a key foreign exchange earner, are being affected by slowing …
Sri Lanka tea demand perks up after devaluation
Dec 02, 2011 (LBO) – Demand for Sri Lanka’s low grown teas, which make up the bulk of the crop, perked up at this week’s Colombo auctions …
Sri Lanka mulls more agriculture export zones
Nov 29, 2011 (LBO) – Sri Lanka plans to set up more dedicated ‘agro export zones’ to help promote export of agricultural produce by private …
Sri Lanka tea prices fall
Nov 25, 2011 (LBO) – Sri Lankan tea prices fell at this week’s Colombo auctions with reduced demand and brokers saying the island is unlikely to …
Sri Lanka sugar plantation takeover seen “illegal”
Nov 23, 2011 (LBO) – A listed Sri Lankan sugar plantation that is among businesses taken over by government under a new expropriation law has said the …
Sri Lanka to distribute unused plantation land among small farmers
Nov 21, 2011 (LBO) – The Sri Lankan government is to take back 37,000 acres of unused land from regional plantations companies and distribute it to small …
Sri Lanka to give incentives for rice export, aquaculture
Nov 21, 2011 (LBO) – The state will give incentives to process rice for export, aquaculture in especially in former war torn areas in the east of the …
Sri Lanka based seed bank under SAARC common standard
Nov 18, 2011 (LBO) – A seed bank to be set up in Sri Lanka will operate under common standards to be developed by countries in the South Asian …