Sri Lanka national tea sales average up in Jan 2021
All elevations show an increase YOY in LKR and USD terms Feb 03, 2021 (LBO) – The National average for the month of January 2021 of Rs. 645.02 (USD …
Agriculture
Minister green lights productivity-linked wage proposal for RPCs: Unions are still to agree
Feb 01, 2021 (LBO) – On the request of Labour Minister, Nimal Siripala de Silva, Regional Plantation Companies (RPCs) submitted a revised wage proposal …
RPCs lay out final proposal to remunerate workers Rs. 1105 per day
In a meeting today between the Minster of Labour Hon. Nimal Siripala de Silva and the Chairmen of all Sri Lankan Regional Plantation Companies (RPCs), a final …
Thailand to focus on investment opportunities in plantation and agri in SL
Ambassador of Thailand in Sri Lanka Chulamanee Chartsuwan paid a Farewell Call on Foreign Minister Dinesh Gunawardena on 08 …
Sri Lanka to ban the use of maize for production of alcohol & ethanol
Dec 28, 2020 (LBO) – President Gotabaya Rajapaksa directed the subject Minister and the officials to intervene to stop the irregularities perpetrated in …
South Africa desires balance in trade ties, willing to consider slashing tariffs for tea exports
The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) warmly received the outgoing South African High Commissioner in …
RPCs submit new proposal aimed at transforming earnings in Plantation sector
Dec 23, 2020 (LBO) – Taking a cue from the success of the smallholder sector, Sri Lanka’s Regional Plantation Companies (RPCs) handed over fresh …
Pelwatte Dairy hails budget; appreciates govt proposals to develop dairy Industry
Pelwatte Dairy Industries, the local dairy giant consents to the budget 2021 tabled recently, it expressed its appreciation towards the measures proposed to …
PA urges wage reform to ensure a sustainable future for every plantation worker
The Planters’ Association of Ceylon (PA) announced that it would be championing radically progressive wage reforms towards securing a sustainable outcome for …
Where are the young Northern entrepreneurs? If you know how to look, right in front of you!
By Jekhan Aruliah Colombo has a thriving entrepreneur scene. No shortage of mentors, angels and coffee shops in Colombo. But what about the neglected North? In …
Opinion: Recipe for reform, Smallholders hold key to productivity in SL’s tea industry
By K.L Gunaratne (Chairman, Sri Lanka Federation of Tea Smallholders) With nearly 500,000 smallholders in total, the tea smallholder sector is a significant …
Focus on opportunities in developing agriculture to be explored at SL Eco Summit
COVID-19 has disrupted agriculture and supply chains in every corner of the globe. Firms in the supply chain have been tested and some have to transform their …
Regional Plantation Companies complete 39,150 new houses for estate workers
Oct 22, 2020 (LBO) – The Planters’ Association of Ceylon (PA) commended the exhaustive measures taken by Regional Plantation Companies (RPC) in completing …
President requests China to participate in Sri Lanka’s tea auction; open market for SL items
Oct 09, 2020 (LBO) – Sri Lanka’s President Gotabaya Rajapaksa requests China to participate in Sri Lanka’s tea auction as it will be a major boost to …
Sri Lanka to have short and long term plans to meet domestic liquid milk demand
Sep 15, 2020 (LBO) – President Gotabaya Rajapaksa has instructed officials to implement a short-term and long-term plan in collaboration with the public, …
President instructs to rehabilitate 5,000 tanks immediately
President Gotabaya Rajapaksa directed relevant authorities to rehabilitate 5,000 tanks scattered across the island following a mechanism combining ancient …
Loss-making plantation companies to be handed over to tea smallholders as pilot project
Sep 09, 2020 (LBO) – President Gotabaya Rajapaksa emphasized that the tea industry which has suffered a severe setback should be revived based on a holistic …
Crysbro strengthens Sri Lanka’s food security agenda with seed paddy production
Cementing its continued commitment to bolstering the country’s food security agenda, leading poultry producer Crysbro recently initiated operations on …
President removes tax imposed on gem & jewelry industry; Rs.1Mn loan at 4-pct interest
President Gotabaya Rajapaksa decides to remove the 14% income tax imposed on the profit earned by the gem and jewelry manufacturers and the 15% tax on gold …
President plans to promote Kitul and Palmyra into main export crops
President Gotabaya Rajapaksa revealed his intention to develop Kitul(Fishtail Palms) and Palmyra Palms plantation into main export crops of Sri Lanka in order …