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 …
Agriculture
ADB gives USD453mn loan for dry zone water projects
June 26, 2015 (LBO) – The Asian Development bank is to grant a loan of 453 million US dollars to help deliver surplus water from the Mahaweli river basin …
Sri Lanka’s government will support agriculture to strengthen local economy: President
Apr 22, 2015 (LBO) –Sri Lanka’s government will support agricultural based industries in order to build the Island’s economy, President Maithreepala …
Sri Lanka™s tea industry under pressure due to high costs
Oct 30, 2014 (LBO) – Sri Lanka™s Ceylon Tea is in its death spiral due to higher cost of production and wages and, needs more value addition, …
Sri Lanka Planters™ Association says sustainability of tea industry in the hands of workers
Oct 30, 2014 (LBO) – Sri Lanka planter association estimates increase of two kilograms in the daily plucking average of tea of each worker can bring down …
Sri Lanka to minimize the application of Agro chemical in agriculture
September 05, 2014 (LBO) – Sri Lanka cabinet has given approval to the progamme of work to minimize the application of agro chemicals in agriculture in …
Sri Lanka arrests Indian fishermen after Modi talks
COLOMBO, June 1, 2014 (AFP) – Sri Lanka’s navy said Sunday it had seized 29 Indian fishermen, the first arrests since President Mahinda Rajapakse …
Sri Lanka’s Noorani Estates plans expansion, possible listing
May 30, 2014 (LBO) – Sri Lanka’s Noorani Estates (Pvt) Ltd, a poultry firm that operates under the brand Nelfarms is planning to invest over one …
Talawakelle Plantations, Sri Lanka March net down 60-pct
May 08, 2014 (LBO) – Profits at Sri Lanka’s Talawakelle Plantations Plc, fell 60 percent to 34 million rupees in the March 2014 quarter from a year …
Sri Lanka poultry feed mill group in the red
May 07, 2014 (LBO) – Sri Lanka™s Ceylon Grain Elevators group, which has interests in feed milling and poultry said it lost 7.8 million rupees in the …
Sri Lanka to get New Zealand support for dairy sector
May 5, 2014 (LBO) – Sri Lanka is looking at ways to improve its dairy sector with New Zealand following a visit by a delegation which met industry …
Agalawatte Plantations to boost oil palm in Sri Lanka
May 04, 2014 (LBO) – Agalawatte Plantations, a unit of Sri Lanka’s Mackwoods group said it will expand its oil palm cultivation which had become a …
Sri Lanka rubber growers hit by plunging prices
Apr 17, 2014 (LBO) – Sri Lanka’s rubber growers are being hit by falling world prices with production volumes also dropping due to a drought within …
Sri Lanka tea production drops 10-pct in February
Mar 31, 2014 (LBO) – Sri Lanka’s tea production has dropped 10 percent to 22.4 million kilograms in February 2014 from a year earlier, and the …
Sri Lanka to curb use of weedicide linked to killer kidney disease: report
Mar 24, 2014 (LBO) – A widely used weedicide linked to a killer kidney disease in Sri Lanka will only be curbed in areas where the disease is prevalent, …
Sri Lanka’s Watawala Plantations ends management deal
Mar 18, 2014 (LBO) – Sri Lanka’s Watawala Plantations Plc said a management agreement with Estate Management Services (Pvt) Ltd, its key …
Sri Lanka killer kidney disease linked to Monsanto weedicide, phosphate fertilizer: study
Mar 02, 2014 (LBO) – A herbicide developed by US-based Monsanto and contaminated fertilizer may be behind an epidemic of mystery kidney disease in Sri …
Sri Lanka spice exports up 40-pct
Dec 17, 2013 (LBO) – Export revenues of spices from Sri Lanka have risen 40 percent from a year earlier to 274 million US dollars in the first 10 months …
Sri Lanka avoids EU fishing sanctions
Nov 26, 2013 (LBO) – Sri Lanka has been named as a country that made progress over curbing illegal fishing by the European Commission, allowing the …
Sri Lanka poultry group in profits amid revenue drop
Nov 14, 2013 (LBO) – Sri Lanka’s Ceylon Grain Elevators group, which has operations in feed-milling said it returned to profits in the September …