Slower but more stable growth path appropriate strategy for North: report

Feb 22, 2019 (LBO) – An economic growth path that is slower but more stable which invests in communities to strengthen the social foundations for development has been proposed as an appropriate strategy for the North by a newly launched report.The report titled “Economic Development Framework for a Northern Province Master Plan” suggests a two-pronged strategy on […]

Planters’ Association of Ceylon reiterates that Rs. 750 daily wage final

Feb 19, 2019 (LBO) – Planters’ Association of Ceylon reiterates that the new collective agreement between Regional Plantation Companies and estate sector trade unions is already binding. “It does not require any further action from any other stakeholders in order to proceed with the new wage among the RPC sector,” Secretary General of the Planters’ Association, Lalith Obeyesekere said. […]

New website to provide early warning signals for paddy, vegetable producers

Jan 30, 2019 (LBO) – Socio-Economic and Planning Centre of the Department of Agriculture has launched a new website for Sri Lankan farmers, which aims to provide updated information in order to educate them to make productive decisions regarding their crops. This website is a useful information source for farmers, consumers, agricultural producers and food processing institutions […]

Plantation companies agree to increase basic wage of plantation workers to Rs700

Jan 25, 2019 (LBO) – Sri Lankan Plantation Companies and trade unions have agreed to increase the daily basic wage of plantation workers to 700 rupees with an additional 50 rupees under the Price Share Supplement (PSS). Further, 100 million rupees will also be allocated to the Plantation Companies out of the funds of Tea […]

” armyworm cannot be practically eradicated: UNFAO

Jan 24, 2019 (LBO) – Food and Agriculture Organization of the United Nations (FAO) says that the Fall Armyworm (FAW) known as ‘Sena’ cannot be practically eradicated once established in a new area and it becomes one more pest that farmers need to learn about and manage.In the absence of natural control or good management, the FAW can […]

Sri Lanka Army leads flood relief work in the North

Dec 27, 2018 (LBO) – Sri Lanka Army have rescued a number of people stranded due to the prevailing adverse weather condition in the Kilinochchi and Mullaitivu districts that experienced a heavy rainfall resulting in flooding. Army troops have commenced providing immediate rescue and relief assistance, evacuation and relocation, medical assistance, cooked meals and other […]

JICA extends its support to recyclable waste flow in Sri Lanka

The Japan International Cooperation Agency (JICA) successfully held “Waste Flow & Recycle Industry Survey, and Information Dissemination Seminar” together with Central Environmental Agency (CEA). JICA has been conducting waste management project namely “Pollution Control and Reduction of Environmental Burden in Solid Waste Management” in Sri Lanka from February 2017 to February 2019. In cooperation with […]

Sri Lanka signs agreement with FAO & China to strengthen fruit value chain

Dec 07, 2018 (LBO) – The signing ceremony of the FAO-China South-South Cooperation Tripartite Agreement between the Food and Agriculture Organization of the United Nations (FAO), China, and Sri Lanka took place at FAO headquarters on 6 December 2018. Food and Agriculture Organization said the aim of this South-South Cooperation project is to help Sri Lanka […]

Planters’ Association says 100-pct increase in daily basic wage not sustainable

Dec 07, 2018 (LBO) – Planters’ Association of Ceylon has reiterated the position of its membership that a 100 percent increase in daily basic wages as demanded by the trade unions simply cannot be sustained by the industry. The comments came in the wake of an indefinite strike action declared by the trade union leaders of the […]

PropertyGuru doubles down on Southeast Asia with funding round

(PRESS RELEASE) Group bolsters its regional leadership with the new funding and full consolidation of Vietnam’s No. 1 property portal, Batdongsan.com.vn SINGAPORE, 31 October 2018 – PropertyGuru Group (‘PropertyGuru’ or ‘the Group’), Asia’s leading property technology group, today announced that it has secured S$200 million (approx.) [US$145 million] in a Series D round of funding […]

US Embassy launches cultural heritage preservation project in Jaffna

Oct 10, 2018 (LBO) – US Embassy recently launched a two-year project to preserve pre-historic artifacts in the collection of the University of Jaffna. The funding is provided by the US Department of State under the Ambassadors Fund for Cultural Preservation (AFCP) and totals more than 23 million Sri Lankan rupees ($140,000). Chargé d’affaires Robert Hilton […]

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