Sri Lanka tea output dips 14.3-pct in June, Will miss full year target: Tea Board
COLOMBO, July 27 (Reuters) -Sri Lanka’s tea output in June fell 14.3 percent from a year earlier because of heavy rain the previous month, a media report …
Agriculture
Sri Lanka secures USD38mn to strengthen resilience of smallholder famers
At the 13th Board Meeting of the Green Climate Fund (GCF), the main international funding body for climate action, USD 38.1 million was approved in funding for …
Sri Lanka tea sees better demand at auction
Jul 14, 2016 (LBO) – Sri Lankan tea prices rose at this week’s Colombo auction with some prices up by 20-30 rupees, Forbes & Walker Tea Brokers …
DIMO to expand Agriculture-related businesses under “DIMO Agri” brand
Diesel and Motor Engineering (DIMO) PLC, one of the leading automobile companies in Sri Lanka, is aiming to expand its presence in the agriculture sector, …
World Bank approves USD125mn credit to modernize Sri Lanka agriculture
June 30, 2016 (LBO) – The World Bank has approved a 125 million US dollars credit from the International Development Association to assist Sri Lanka in …
Ford partners and JEN to support 50 families in Kilinochchi
Ford Motor Company, represented in Sri Lanka by Future Automobiles, a subsidiary of Softlogic Holdings, has awarded a grant to JEN (Japan Emergency NGO) to …
Sri Lanka’s agriculture to be modernized with World Bank funding
May 26, 2016 (LBO) – Sri Lanka’s cabinet has approved implementation of a five-year Agriculture Sector Modernization Project with 125 million US …
Canada in dairy and agriculture project in Sri Lanka’s north
May 18, 2016 (LBO) – Canada together with UNDP and FAO are working to strengthen agro economic cooperatives in the Northern Sri Lanka, with a specific focus …
Sri Lanka tea sees improved demand for low growns at auction
Mar 31, 2016 (LBO) – Sri Lanka’s tea prices in overall auction offerings this week were marginally lower with better demand for low grown and mid to high …
Top Lankan team heading for Brussels on decisive fishery ban talks
Mar 18, 2016 (LBO) – A top team including officials from the Prime Ministerial Task Force is scheduled to depart for Brussels on 30 March for decisive talks …
Sri Lanka extends fertilizer subsidy to Tea, Rubber and Vegetables
Mar 17, 2016 (LBO) – Sri Lanka’s government has officially decided to extend the existing fertilizer subsidy to tea, rubber and vegetable farmers, Special …
Watawala plantation 9-mth profit +7 pct on palm oil, lower tax
Jan 27, 2016 (LBO) – Sri Lanka’s Watawala Plantations PLC reported net profit of 439 million rupees for the nine months to 31 December 2015, up …
Govt intervention in Colombo tea auction detrimental to sector: Fitch
Nov 17, 2015 (LBO) – Sri Lanka’s government intervention into the Colombo tea auction will be detrimental to the sector as it will make Sri Lankan tea less …
Sri Lanka tea prices hit lowest levels since March 2012
Oct 08, 2015 (LBO) – Sri Lankan tea prices have come down to it’s lowest levels since March 2012 with low grown varieties the worst affected, …
Sri Lanka’s govt plans to intervene in tea prices with purchases of Rs300mn
Oct 01, 2015 (LBO) – Sri Lanka’s plantation ministry said that it plans to buy tea worth 300 million rupees from the auction to artificially raise the …
Govt signs USD 150 mn ADB loan for water to dry zone
Sep 17, 2015 (LBO) – Sri Lanka’s government signed a 150 million US dollar loan agreement with the ADB to address the water scarcity in the islands dry …
Managerial skills, tea cloning to help Sri Lanka’s tea industry: PA
Sep 17, 2015 (LBO) – Sri Lanka’s tea industry, which has a long history starting from British period, now needs to adopt professional managerial skills and …
Sri Lanka plantation worker wage hike talks in deadlock
Sep 01, 2015 (LBO) – Sri Lanka’s Planters Association says higher wage demand issue of the tea planation workers is still dragging. “Status remains …
Sri Lankan coco peat to be purchased by Japan
Aug 04, 2015 (LBO) – A team from Zen-Noh, the Japanese National Federation of Agricultural Cooperative Associations, are visiting Sri Lanka to help …
Sri Lanka to implement capital loan scheme for tea; guaranteed price for rubber
June 26, 2015 (LBO) – Sri Lanka’s cabinet has decided to implement a capital loan scheme for the tea industry and a guaranteed price scheme for the natural …