Sri Lanka dairy business prospects seen improving
Apr 23, 2010 (LBO) – Sri Lanka’s dairy sector is improving with strong competition among processors expanding demand for milk and helping farmers, …
Agriculture
Sri Lanka tea producers say need support for replanting
Apr 17, 2010 (LBO) – Sri Lanka’s plantations companies needs financial support to replant ageing trees as production costs rose, an industry …
Sri Lanka tea price fall hits producer margins
Apr 10, 2010 (LBO) – Sri Lankan tea prices have fallen after hitting record highs at recent auctions, although still higher than last year, squeezing …
Sri Lanka Hayleys commercial farming project wins recognition
Apr 06, 2010 (LBO) – A project to help farmers in Sri Lanka’s former war zone by Hayleys, a big exporter of gherkins to global food chains, has won …
Sri Lanka Milk Foods starts new plant
Apr 02, 2010 (LBO) – Lanka Milk Foods (LMF), a milk powder packer which is part of Sri Lanka’s Distilleries group, said it has begun production at …
Sri Lanka tea estate in iced tea project with US firm
April 01, 2010 (LBO) – Sri Lanka’s listed Bogowantalawa Tea Estates said it was starting a two million dollar iced tea unit with a US firm in which …
Sri Lanka tea wage hike erodes Malwatte Plantations profit
Mar 31, 2010 (LBO) – Sri Lanka’s Malwatte Valley Plantations said 2009 annual profits fell 99.3 percent to 2.15 million rupees from a year ago with …
Farmers’ futures evaporate in China drought
QIXINGCUN, March 29, 2010 (AFP) – Peasant farmer Dong Guicheng wakes up every morning hoping for rain, but each day a crippling drought instead brings …
Sri Lanka Watawala Plantations creates new consumer products unit
Mar 26, 2010 9LBO) – Sri Lanka’s Watawala Plantations, which manufactures and sells branded teas, has decided to set up a fully owned subsidiary to …
Sri Lanka launches new tea certification scheme
Mar 25, 2010 (LBO) – Sri Lanka has introduced a quality certification programme for tea exports to ensure cleaner teas are sent to overseas markets, …
Sri Lanka tea output back to normal levels in February
Mar 23, 2010 (LBO) – Sri Lanka’s tea production in February was back to the usual levels having recovered from the effects of drought and a market …
Sri Lanka Finlays unit reveals gains from commodities crash
Mar 22, 2010 (LBO) – Buying tea for stock during the commodities crash in the last quarter of 2008 helped boost profits at Finlays Colombo group last …
Sri Lanka poultry industry squeezed by state controls
Mar 19, 2010 (LBO) – Sri Lanka’s poultry industry has been squeezed by taxes on imported maize which pushed feed costs up and price controls on …
Sri Lanka tea trade says expects short quality season
Mar 19, 2010 (LBO) – Sri Lanka’s tea industry expects a short ‘Western quality season’ this year with teas that had the desired quality …
Sri Lanka tea prices rise, crops fall
Mar 12, 2010 (LBO) – Sri Lankan tea prices rose at this week’s auction as quality improved and crops coming down owing to drought, brokers said. …
Sri Lanka tea industry starved of export refunds
Mar 09, 2010 (LBO) – Sri Lanka’s tea industry, a top foreign exchange earner, is still starved of refunds from a government tax on exports, despite …
Sri Lanka Talawakelle Tea makes loss in 2009
Mar 08, 2010 (LBO) – Drought and higher wages pushed Sri Lanka’s Talawakelle Tea Estates into the red last year, its first loss, although a …
Sri Lanka tea prices recover as crops fall
Mar 04, 2010 (LBO) – Prices of Sri Lankan teas grown at higher elevations mainly by regional plantations companies recovered at this week’s Colombo …
Sri Lanka tea prices fall
Feb 26, 2010 (LBO) – Sri Lankan tea prices at the Colombo auctions fell for the second week running this week on bigger volumes and lower quality, …
Sri Lanka gets UN agency loan to help farmers
Feb 24, 2010 (LBO) – A United Nations agricultural development agency said it will give Sri Lanka a loan of 25 million dollars to help small holder …