Category: Agriculture
Commercial plantations urge immediate Government action to prevent industry’s demise
The Government’s failure to allocate fuel quotas to the Regional Plantation Companies (RPCs), together with continuous power disruptions and uninformed policymaking, is bringing Sri Lanka’s commercial plantations to a standstill. Due to the lack of fuel, all leaf and latex transport operations have been severely impacted and there is insufficient fuel to operate standby generators. Accordingly, […]
‘ Association
The Colombo Tea Traders’ Association established in 1894 is the apex private sector body comprising of all Stakeholders namely Growers, Manufacturers, Brokers and Buyers/Exporters. The Industry supports the livelihood of over 2 million people and is pivotal in sustaining the key areas in the rural economy. Sri Lanka exports over 90% of its annual production […]
Revenue from export of minor crops last year USD 450Mn: Plantation to report USD 600Mn
Plantation Minister Dr. Ramesh Pathirana says the country earned US 450 million dollars from the exportation of minor export crops including cinnamon, pepper and cardamom. He also said that the plantation sector is expected to earn around US $ 600 million this year. He was speaking at the opening of the Spice House and the […]
With confidence and commitment vision of Green Agriculture can be accomplished, President
Farmers who used organic fertilizer correctly during the Maha season have achieved high yields. District Secretaries say that the Government’s green agriculture agenda can be succeeded by educating the farmers who did not turn to it and avoiding the shortcomings. This was stated at a discussion held at the Presidential Secretariat today (15) regarding the […]
President invites Saudi Arabia to invest in several sectors
President Gotabaya Rajapaksa informed Saudi Arabian Foreign Minister Faisal bin Farhan Al Saud that he would like to invite Saudi Arabia to make direct investments in several sectors. The President made these remarks during a meeting held with the Foreign Affairs Minister of Saudi Arabia at the Presidential Secretariat this morning (14). The President pointed […]
Sri Lanka’s inaugural Protected Geographical Indication for Ceylon Cinnamon
When was it received? Ceylon Cinnamon was added in the register of protected designations of origin and Protected Geographical Indications (PGI) on 2nd February, 2022. The EU commission by the implementing regulation – (EU) 2022/144, entered a name ‘Ceylon Cinnamon’ in the register of protected designations of origin and protected geographical indications (Ceylon cinnamon (PGI). […]
Diaspora investment in Mullaitivu, Mullai Milk Processing Industries
By Jekhan Aruliah Mr S.Thavaseelan, known as Seelan, was born in Kayts a town at the Northern end of Jaffna’s Velanai Island. His father, who delivered letters for the Ceylon Post Office, died when Seelan was 4 years old. He left the young family with a government pension which his mother supplemented doing other jobs. […]
Sunshine Group 9-month revenue up 39-pct driven by Healthcare & Agribusiness sectors
Fueled by strong growth in all business sectors, diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) reported impressive growth in top and bottom-line performances during the first nine months of the current financial year (9MFY22). During this period, the Group posted consolidated revenue of Rs. 24 billion, up by 39% Year-on-Year (YoY).Group’s Profit After […]
French Government Supports Rubber Cultivation Development
Dr. Ramesh Pathirana, Minister of Plantation and the French Ambassador to Sri Lanka EH Eric Lavertu visited the Rubber Research Institute at the Darting Field Estate, Agalawatta on the 25th. The purpose of this visit was to explore the preparations for the pilot project to strengthen the economy of small rubber plantation owners in Sri […]
Term of Small Tea & Rubber Estate Revitalization Loan Program extended
A rural finance program has been implemented during the period 2019-2021 for revenue generation and market diversification of targeted beneficiaries under the Small Tea and Rubber Estate Revitalization Project funded by the International Monetary Fund for Agricultural Development. Due to the Covid 19 epidemic situation, the project has not been able to achieve the expected […]
Leading German importer urges agri-product exporters to practice superior packaging to capture European markets
Jan Paul Bethke, a leading German importer of Sri Lankan fruits and tea, urged Sri Lankan agri-product exporters to practice effective and superior packaging if they are to be successful in terms of capturing markets in Europe. “If you package your product well, include a QR code (incorporating extensive details such as the farmer who […]
Kotmale becomes first dairy company to complete a carbon footprint verification
Kotmale Dairy Products and Cargills Quality Dairies, subsidiaries of Cargills, have become the first dairy companies in Sri Lanka to complete a carbon footprint verification. The verifications are conducted by the Sri Lanka Climate Fund under the purview of the Ministry of Environment. Both companies undertook a voluntary assessment of their carbon footprint and have […]