Facing the chill wind: Decline in agricultural exports in Sri Lanka

Views - 208 Thursday, 17 October 2019 01:57

During the past two years, there is a marked increase in the export revenue as indicated in table 1. The export earnings from January to July 2019 also grew by 2.8% compared to the corresponding period of the previous year, despite the uncertainties

Kubota Corporation, Japan conducts training program for technical staff of Hayleys Agriculture

Views - 61 Thursday, 17 October 2019 01:55

Kubota Corporation, Japan recently conducted an extensive technical training program for technicians and supervisors of Agri Equipment Division of Hayleys Agriculture. The training program was specifically on the Kubota tractor model L3408. Technicia

‘Ceylon Spices’ brand launched at ANUGA 2019 Trade Fair in Germany  

Views - 19 Tuesday, 15 October 2019 00:00

Sri Lanka’s country-of-origin trade mark for the spices sector was launched in Frankfurt on the 6 October during the ANUGA 2019 International Food and Beverages Trade Fair held in Cologne, Germany.  The ANUGA Trade Fair held from 5-9 October is t

Haycarb announces expansion of Haritha Angara green charcoaling initiative

Views - 38 Tuesday, 15 October 2019 00:00

Forging ahead with the sharing of its breakthrough green-charcoaling technique with local suppliers across the island, pioneering activated carbon multi-national, Haycarb PLC announced plans to establish another 15 units of ‘Haritha Angara’ by th

US Government dairy project increases milk production and raises farmers’ income

Views - 11 Tuesday, 15 October 2019 00:00

US Ambassador to Sri Lanka and Maldives Alaina B. Teplitz recently met with dairy farmers who are benefiting from a Rs. 2.2 billion program ($ 14.1 million) called ‘Market-Oriented Dairy’. The project is estimated to grow milk production by 94% b

New harvest: Indian agriculture tech businesses see growth in B2B segment

Views - 10 Tuesday, 15 October 2019 00:00

Today, India is home to over 450 start-ups in the agriculture tech sector. As per a recent Newscom report, this space has seen funding close to $248 million, as compared to the 2018 number of around $73 million – a 300% growth in less than a year.

Ceciliyan CTC secures all-time record price for PD Grade

Views - 232 Tuesday, 15 October 2019 00:00

The Ceciliyan CTC Tea Factory, situated in the hills of Kalawana in the Ratnapura District, established an all-time record price of Rs. 980 per kg for a CTC Pekoe Dust grade in the Low Grown CTC category at the tea auctions held on 9 October. This i

Adams View Tea Factory establishes all-time record

Views - 20 Tuesday, 15 October 2019 00:00

The Adams View Tea Factory established a new all-time record price of Rs. 1,450 per kg for a PEK grade in the Low Grown elevational category at this week’s Colombo Tea Auctions held on 8 and 9 October. This invoice was purchased by Meezan and Co.

Island Tea Co. expands in Sri Lanka

Views - 49 Tuesday, 8 October 2019 00:00

Island Tea Co. a fast growing retail tea chain brand with over 35 branches in Philippines has entered the market in Sri Lanka to start its first branch in the tourist destination of Ella, Sri Lanka. The Island Tea Co. is a Sri Lankan brand which has

Adamjee Lukmanjee wins Silver at Exporter Awards

Views - 243 Tuesday, 8 October 2019 00:00

Adamjee Lukmanjee and Sons Ltd., was honoured at the recently concluded National Exporter Awards organised by the National Chamber of Exporters of Sri Lanka, with the Silver Award in the Extra Large Category, in the Coconut and Coconut based products

Two all-time records for New Vithanakande Estate

Views - 65 Monday, 7 October 2019 09:02

Following last week’s record-breaking performance in the Low Grown OP1 category, teas sold under the New Vithanakande Mark set a new record of Rs. 1,700 per kg for the same grade. This tea was purchased by Tea Tang Ltd.

Conference highlights need for increased climate funding for rice agri-food systems

Views - 17 Monday, 7 October 2019 09:01

A global conference is calling for more investment in climate change initiatives for the world’s most important food crop.

Lak Cinnamon wins Bronze at NCE Export Awards 2019

Views - 22 Monday, 7 October 2019 09:01

Lak Cinnamon Ltd., a renowned company among cinnamon exporters, bagged a bronze award in small scale, spices and spice related products category at the ‘27th Annual NCE Export Awards- 2019’ ceremony. The gala event organised by the National Chamb

SDB bank and DIMO in partnership to offer special leases for Mahindra tractors

Views - 23 Monday, 7 October 2019 08:58

SDB bank, one of Sri Lanka’s leading financial services providers with strong roots in the rural sector, has entered into a partnership with DIMO to offer special leasing facilities for Mahindra tractors. The special leasing facilities are tailored

Mega boost for Ceylon Tea in the land of the Red Square

Views - 57 Monday, 7 October 2019 08:53

The maiden launch of the historical Ceylon Tea Global Promotion Campaign took off ceremonially with pomp and pageant in the capital city of the Russian Federation last week. This was the first time ever that Sri Lanka Tea Board launched an internatio

Market-Oriented Dairy launches unique ‘grass to glass’ investment fund for dairy sector

Views - 133 Tuesday, 1 October 2019 00:15

Market-Oriented Dairy (MOD) last week launched the Dairy Investment Fund at the Market-Oriented Dairy Investment Forum in the presence of industry leaders of the dairy value chain. The Forum also offered an opportunity for the business and finance s

Gala dinner in Moscow to inaugurate Ceylon Tea global promotion campaign

Views - 80 Tuesday, 1 October 2019 00:12

On 25 September, Ambassador Jayatilleka and Sanja Jayatilleka attended a gala dinner organised by the Sri Lankan Tea Board to inaugurate the Ceylon Tea global promotion campaign in Moscow. A large number of guests including high ranking Government of

Agricultural innovation and technology key to poverty reduction in developing countries: WB

Views - 27 Tuesday, 1 October 2019 00:11

Washington: Developing countries need to dramatically increase agricultural innovation and the use of technology by farmers, to eliminate poverty, meet the rising demand for food, and cope with the adverse effects of climate change, says a new World

India bans onion exports as prices stay elevated

Views - 16 Tuesday, 1 October 2019 00:11

MUMBAI (Reuters): India on Sunday banned exports of onions, a common ingredient in Indian cooking, as prices remain high due to a seasonal shortage which has been worsened by flooding in several states. The government said exports will be prohibited

All time record price for New Vithanakande OP1

Views - 137 Friday, 27 September 2019 00:00

At the Colombo Tea Auction held on 24/ 25 September an invoice of New Vithanakande improved its own record for Low Grown OP1 grade by realising Rs. 1,650 per kilo. New Vithanakande Tea Factory Delwala produces a wide range of Orthodox black teas tha

Kamarangapitiya Tea Factory establishes an all-time record

Views - 26 Friday, 27 September 2019 00:00

Kamarangapitiya Tea Factory established a new all-time record price of Rs. 1,350 per kg for a PEK1 grade in the Low Grown elevational category at this week’s Colombo Tea Auctions, held on 24 - 25 September. The invoice was purchased by M/s. Lakru T

Mooloya achieves an all-time record price

Views - 66 Friday, 27 September 2019 00:00

Mooloya Estate established an all-time record price of Rs. 840 per kg for a BOP grade in the Uda Pussellawa elevational category at the Colombo Tea Auctions. The auction was held on 25 September for the first time after five years. This line of tea w initiative benefitting farmers

Views - 42 Friday, 27 September 2019 00:00

Farming is not an easy vocation. Apart from backbreaking work, it involves a lot of hard work and at times life threatening risks. Our farmers in the north are the most destitute; they lost their homes, fields, kith and kin and cattle to plough the f

Ceylon Tea global promotion campaign kicks off via Moscow

Views - 177 Thursday, 26 September 2019 01:48

On 24 September, the Sri Lankan Tea Board launched its Global Compaign in Moscow at the 28th International Exhibition WorldFood 2019, one of the largest exhibition serving the global food and drinks industry and the main export platform for reaching

Sri Lanka participates in SIAL India 2019 Food and Food Processing Intl. Expo

Views - 144 Thursday, 26 September 2019 01:47

Sri Lanka promoted its confectionery, fresh fruits and processed food products at the Second edition of the SIAL India 2019; Food, Food innovation and Food Processing International Exhibition held at the Pragati Maidan Exhibition Centre in New Delhi

CIC Crop Solutions honours star performers

Views - 19 Thursday, 26 September 2019 01:45

The Crop Solutions division of CIC Holdings Plc felicitated and rewarded their star employees at ‘Achievers Night’, which was held at Windsor Park, Hingurakgoda recently. Employees who had contributed significantly during the 2018/19 period recei

Lipton re-launches Ceylonta with improved blend

Views - 57 Thursday, 26 September 2019 01:44

Celebrating its rich and long history as a brand of Pure Ceylon Tea which has energised generations in Sri Lanka, Lipton Ceylonta is being re-launched with the taste of goodness in the perfect cup of tea. Lipton, armed with a 129-year-old legacy, ha

Kotagala Kahata launches new consumer promotion

Views - 37 Thursday, 26 September 2019 01:44

In an effort to reward its loyal clientele, the makers of popular tea brand Kotagala Kahata will stage the Kotagala Kahata – Rasa Wasana promotion for the fourth consecutive year, with applications being accepted from 5 September until 8 November.

Three for tea: Top exporter Anverally and Sons wins 3 accolades in 2 days

Views - 53 Tuesday, 24 September 2019 01:35

Anverally and Sons Ltd, one of Sri Lanka’s oldest and most respected exporters of tea, with a history of 129 years, won three prestigious awards on consecutive days last week, demonstrating the company’s continuing dynamism. Currently ranked as o

Tea Small Holder Factories recognised as best CTC Tea Manufacturer island-wide

Views - 28 Monday, 23 September 2019 01:29

Tea Small Holder Factories PLC, a fully owned subsidiary of John Keells Holdings was recently recognised as the best CTC (Crush Tear and Curl) Tea Manufacturer island-wide. The award presented by the Tea Exporters Association was won by the Hingalgod

Today's Columnists

Find out where he is going – In pursuit of the consumer journey

Monday, 21 October 2019

I remember very clearly the excitement of buying our very first TV set. My dad and mum excitedly chatted about it. They spoke to all their friends who had TV sets at their homes. My dad virtually had an analysis of brands and what his friends said we

Vote for the candidate with the best team of advisors

Monday, 21 October 2019

It is a tough challenge to be a successful president or prime minister. To craft a socio economic policy that will bring prosperity and to implement it, is a very, very tough ask. Can any of the candidates for president be able to create such a plan

Fixing lending rates and waiving farmer loans: two policies that do not augur well for borrowers

Monday, 21 October 2019

Two policies relating to lending Recently, there were two policy pronouncements relating to lending, one already implemented by the Central Bank and the other being proposed for implementation by the SLPP presidential hopeful, Gotabaya Rajapaksa, tha

Ministry of Tourism: A nation rich in hospitality

Monday, 21 October 2019

GOALS n10 million visitors n$ 18 billion earnings from tourism ACTION PLAN 1. Introduce a Nation Branding Strategy for Sri Lanka focusing on 1. Tourism 2. Exports 3. Governance 4. Culture 5. People 6. Airport, immigration and investment 2. Airpor

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