Sri Lanka tea exporters press for import liberalisation
Jan 06, 2010 (LBO) – Sri Lankan tea exporters are pressing for liberalisation of tea imports for blending and re-export, saying it could help improve …
Agriculture
Sri Lanka cuts lending rate for farmers ahead of polls
Dec 30, 2009 (LBO) – Sri Lanka™s Central Bank said it will slash lending rates for farmers with effect from January 1, 2010 barely a month ahead of …
Sri Lanka readies Ceylon tea intellectual property claim
Dec 28, 2009 (LBO) – Sri Lanka is readying a claim for intellectual property protection for different types of Ceylon tea under global …
Sri Lanka tea earnings seen holding up despite lower crop
Dec 24, 2009 (LBO) – Sri Lanka’s tea production this year will be lower than in 2008 because of drought and a strike but earnings should match last …
Sri Lanka farmers get mobile phone trade service
Dec 23, 2009 (LBO) – Sri Lanka’s top celco Dialog Telekom is offering a trading platform based on short message services (SMS) that can help …
Sri Lanka could see tea prices easing next year
Dec 23, 2009 (LBO) – Tea export countries like Sri Lanka could see prices easing next year as better weather improves crops and reduces the global …
Sri Lanka commodity futures exchange mooted
Dec 18, 2009 (LBO) – Sri Lanka should set up a commodity futures exchange and introduce forward contracts to make farmers more efficient and earn more, a …
Sri Lanka seen losing status as tea exporter
Dec 17, 2009 (LBO) – China has overtaken Sri Lanka as the world’s second largest tea exporter, and the island is in danger of losing its position …
Sri Lanka tea factories cut energy costs
Dec 16, 2009 (LBO) – Sri Lankan tea factories are cutting energy costs under an initiative to make them more competitive in overseas markets given the …
Sri Lanka mulls support for desiccated coconut exporters
Dec 04, 2009 (LBO) – Sri Lanka’s Plantations Industries Ministry is considering giving an export rebate to desiccated coconut product exporters, a …
Sri Lanka tea export earnings hit monthly high
Dec 04, 2009 (LBO) – Sri Lanka’s tea export earnings in October hit a record high and average auction prices this year were much higher than in the …
Sri Lanka tea farms mull irrigation to counter weather changes
Dec 02, 2009 (LBO) – Sri Lanka’s plantations need foreign investment for estate and factory modernisation, including irrigation to counter changing …
Sri Lanka Renuka Agri IPO draws over Rs3bn
Nov 30, 2009 (LBO) – A 270 million rupees initial public offer of Renuka Agrifoods, a firm that makes coconut-based food products, received applications …
Sri Lanka farmers connect to markets on mobile phones
Nov 27, 2009 (LBO) – A trial Sri Lankan commodity trade matching portal using mobile phones to improve marketing of farmer produce will need private …
Sri Lanka seeks to expand plantations
Nov 25, 2009 (LBO) – The Sri Lankan government wants to encourage rubber and coconut cultivation outside traditional areas of production, Plantations …
Sri Lanka tea industry eyes NZ dairy success
Nov 23, 2009 (LBO) – Sri Lanka’s tea industry needs to work together more closely like New Zealand’s dairy industry which dominates a big …
Sri Lanka Malwatte profit down despite higher rubber earnings
Nov 23, 2009 (LBO) – Sri Lanka’s Malwatte Valley Plantations said net profit for the September quarter fell six percent to 152 million rupees from …
Sri Lanka Hayleys helps mechanise rice farms
Nov 19, 2009 (LBO) – Sri Lanka’s Hayleys conglomerate said it plans to introduce machines for seeding and transplanting that will help paddy …
Sri Lanka tea crop lowest in 10 years
Nov 19, 2009 (LBO) – Sri Lanka’s tea production in October 2009 improved from that of the same month last year when the market had crashed but …
Sri Lanka coconut exporter seeks funds to expand
Nov 17, 2009 (LBO) – Sri Lanka’s Renuka Agri Foods, part of the Renuka group, said it plans to raise funds through a public offer to expand …