Hot Cuppa
Plantation companies are feeling the pinch in profits due to restricted cash flows and high input costs, leaving little to plough back into replanting and …
Agriculture
Fresh Cuppa
The ultimate goal of being a leading international brand has brought a new entrant to the local tea marketing fraternity – J V Gokal Ceylon, the …
Top Brews
A high powered Sri Lankan team will lobby Russian authorities for more favourable tariffs for local value added tea exports. The team headed by Minister of …
Warm Cup
Despite torrential rains and heavy flooding on some estates, tea crop intakes in April have reached record levels at 29.38 mn kilos. This is 7.8 percent up on …
One Taste
Ceylon tea just got better. An industry long built on a tradition of quality, will have its official stamp of approval, when quality standards for made tea are …
Changing Gears
The brands owner Watawala Plantations Ltd., the biggest exporter of Ceylon Tea to Malaysia, has held detailed discussions with Sri Lankas High Commissioner …
Warming Up
Average prices for tea at the Colombo auctions dropped to Rs. 145.02 by April from an average of Rs. 156.82 in 2002. Low grown prices lead the drop, affected …
At The Bourse
The Colombo bourse reacted positively to deals in the insurance market and increasing tourist arrivals over the last week. Shares in Commercial Bank and DFCC …
Ele House Brew
Brewing through the synergies of John Keells and Elephant House is a ready to drink tea product that could hit the local market in end 2003. Tested and …
Boiling Cup
The banking sector is willing to prop up the tea industry by lending up to Rs. 1.25 billion to buy teas unsold at weekly auctions. The bail out plan was put …
Sweet Teas
Buyers set aside developments in the Middle East to step up buying at Tuesdays low grown tea auctions, pushing up prices in the process. Brokers said that …
Bad Weather
This weeks low grown auction average could slip below Rs. 130, down from Rs. 147.46 for February. Brokers say that buyers stepped up orders marginally at the …
Cold Cuppa
The tea industry continued its ill fate with indications that around 25% to 30% of all teas brought to the weekly auctions in Colombo would remain unsold. …
New Bud
A strategy to expand its investment options will see Amana Investments venturing into the tea brokering business shortly. Amana will hold a 55 per cent stake …
Tea Party
Key stakeholders in the tea industry got together last week to form a pan industry apex body. The tea association of Sri Lanka plans to provide a singe point …
Cup That Cheers
New apex body for the tea industry, the Tea Association of Sri Lanka (TASL) officially got off ground Tuesday, mapping out plans to set the industry standard …
Short Crop
A collective decision by private tea factory owners to cut Rs. 2 on the price for green leaf paid to smallholders, has prompted a threat of legal action. …
Creeping Up
Prices for crepe rubber have reached record levels as oil prices spiral, touching Rs. 129 a kilo at this weeks auction, a high since 1995. This is up from …
Counting Leaves
Tea exporters are pushing for a three-month moratorium from commercial banks as the government maps out a contingency plan should war break out over Iraq. All …
Crossfire
Rising tension in the Middle East is buing holes in the Sri Lankan tea industry as prices plummet and stocks accumulate at auctions. Low grown teas are seeing …