Drastic decline in farm gate price of coconuts; immediate action needed from authorities

Views - 159 Tuesday, 21 August 2018 00:00

By Crysantha Jayawardane Commencing from around the third week of July, farm gate price of coconuts have dropped from a high of around Rs. 45 to Rs. 28 by 15 August. The years 2016 and 2017 experienced a sharp increase in coconut prices owing to clim

Tea industry sans glyphosate?

Views - 383 Tuesday, 21 August 2018 00:00

By Gamini Weerasinghe After the recent landmark order delivered by a court in San Francisco, US, where cancer patient Dewayne Johnson, who was ruled to have developed the disease through regular contact with glyphosate, was awarded compensation of $

All Time Record price for Mattakelle Dust1

Views - 57 Thursday, 16 August 2018 00:00

At the Colombo Tea Auction of 14-15 August, an Invoice of Mattakelle Dust1 selling under the Western High Grown category realised an All Time record price of Rs. 960 per kg. Mattakelle is the most renowned Selling Mark in the Dust1 category and has c

Pothotuwa Tea Factory excels once again

Views - 34 Thursday, 16 August 2018 00:00

Pothotuwa Tea Factory achieved yet another all-time record price of Rs. 1,400/- for a Low Grown BOPF grade for the third successive week, and surpassed its achievement of last week’s record price of Rs. 1,300 at the Tea Auctions held on 14 August.

US sanctions on Iran, Turkish currency crisis hit Colombo tea auction prices

Views - 291 Thursday, 16 August 2018 00:00

Lanka Commodity Brokers Ltd. said yesterday that US sanctions on Iran and the Turkish currency Lira crisis had impacted Colombo tea auction prices. It said apart from the best available Low Grown teas, most other grades saw a further lowering of pri

India’s June tea crop down 3.8%

Views - 43 Thursday, 16 August 2018 00:00

MUMBAI (Reuters): India’s tea production in June dropped 3.8% from a year earlier to 142.70 million kg as plucking fell in the second-biggest tea-producing eastern state of West Bengal, the State-run Tea Board said yesterday. West Bengal’s output

Evolution of plantation sector into diversified, vertically-integrated, globally aligned agri-biz

Views - 318 Monday, 13 August 2018 00:37

From its inception up to the present day, the history of Sri Lanka’s plantation industry has been unique; undergoing drastic changes from the colonial era, to the period of private management by Agency Houses, into an extended period of nationalisa

Kiruwanaganga Estate achieves another all-time record price

Views - 58 Thursday, 9 August 2018 00:00

The Kiruwanaganga Tea Factory situated in Deniyaya established an ‘all time record price’ of Rs. 1550 for a BOPF SP grade in the Low Grown category at this week’s tea auctions for the second consecutive week, surpassing its own record. Kiruwa

Pothotuwa Tea Factory surpasses its own record

Views - 94 Thursday, 9 August 2018 00:00

The Pothotuwa Tea Factory achieved an all-time record price of Rs. 1,300 for a Low Grown BOPF grade, surpassing its own previous record of Rs. 980 at the weekly tea auctions held on 8 August. This is the second consecutive week the Pothotuwa Tea Fac

Orthodox high and medium teas recover from poor prices in July

Views - 37 Thursday, 9 August 2018 00:00

By Lanka Commodity Brokers Ltd The auction prices paid for Orthodox teas from the High and Medium elevations showed a fair improvement when compared to the previous months, where the sale averages had been declining month-by-month from February 2018.

German Development Cooperation and Good Market to promote local organic producers at ProFood ProPack

Views - 54 Thursday, 2 August 2018 00:00

Together with the Good Market initiative, the German Development Cooperation (GIZ) brings back the Go Organic! pavilion to this year’s Profood Propack exhibition, which will be held from 3-5 August at the BMICH. This year’s pavilion will feature

Hayleys tea harvesters win 1st, 2nd and 3rd place at national tea plucking competition

Views - 252 Thursday, 2 August 2018 00:00

Celebrating the hard work and dedication of some of its most valuable employees in the tea sector, the top management of the Hayleys Group, including respected Chairman and Chief Executive, Mohan Pandithage, together with Hayleys Plantations Managing

All time record price for Kiruwanaganga Estate

Views - 49 Thursday, 2 August 2018 00:00

The Kiruwanaganga Tea Factory situated in Deniyaya established an all-time record price of Rs. 1300 for a BOPF SP grade. The tea was purchased by Mabroc Teas Ltd. at the tea auction which was held at the Ceylon Chamber of Commerce yesterday. The Kiru

Lankasoy enters European market

Views - 66 Thursday, 2 August 2018 00:00

Convenience Foods (Lanka) PLC, the pioneer and market leader in the manufacture and marketing of textured soy protein products under the Lankasoy brand in Sri Lanka, recently announced that it has successful entered into the European market. Being a

President emphasises on strengthening agricultural economy

Views - 64 Thursday, 26 July 2018 00:07

President Maithripala Sirisena has said that agriculture is the basis of the country’s economy and emphasised on strengthening agricultural economy while downplaying the role of foreign investments which according to the President leads to corrupti

CRTA calls for measures to boost rubber production

Views - 81 Thursday, 26 July 2018 00:02

By Shannon Jayawardena The Colombo Rubber Traders’ Association (CRTA) last week called for immediate to boost production as output levels have dropped sharply in recent years. stating that the country does not pay enough attention to the area at t

Ceylon Tobacco Company introduces Loose Leaf Barn technology

Views - 141 Thursday, 19 July 2018 00:00

Ceylon Tobacco Company PLC (CTC) has a history of over 100 years in Sri Lanka and during this time, has become a vital component of the country’s agriculture and business sectors. Over the years, CTC has promoted good agricultural practices and sus

MTI in Colorado and London for Teatulia’s Global Strategising

Views - 136 Thursday, 19 July 2018 00:00

Teatulia, the USA and UK based fast growing organic tea brand has developed its strategic direction with MTI Consulting. Teatulia is the international organic tea brand of leading Bangladeshi conglomerate Gemcon Group. At the final presentation held

Navin tours Japan, assures quality Sri Lankan tea

Views - 92 Thursday, 19 July 2018 00:00

Minister of Plantation Industries Navin Dissanayake has attended series of meetings on Tuesday during his four-day visit to Japan. He had a meeting with Japanese Minister of Health Labour and Welfare Katsunobu Kato. In his opening remarks, the Minis

World’s fish consumption unsustainable, FAO warns

Views - 24 Monday, 16 July 2018 00:00

ROME (Thomson Reuters Foundation): A third of the world’s oceans are overfished and fish consumption is at an all-time high, raising fears over the sustainability of a key source of protein for millions around the world, the United Nations warned i

Raw sugar sinks to over 2 month low after early selling spree

Views - 27 Monday, 16 July 2018 00:00

CALGARY/LONDON (Reuters): Raw sugar futures on ICE fell to a 2-1/2-month low last week, pressured by an early spurt of speculative selling that pushed prices down 1.7% within the first seven minutes amid lingering worries about abundant supplies.

Asia Rice: Weak demand weighs on prices, India rates near 14-month low

Views - 32 Monday, 16 July 2018 00:00

BENGALURU (Reuters): Weak demand and expectations of fresh supplies weighed on export prices for rice across most Asian hubs last week, while rates from top exporter India stayed near their lowest level in 14 months amid a weaker Indian rupee.

Agriculture requires Govt. to re-engage private sector to grow

Views - 287 Monday, 16 July 2018 00:00

Green Space Consultancies’(GSC) latest report, ‘Understanding Farmer Perspectives on Proposed Tobacco Growing Ban and Opportunity to Diversify’, underscores some of the deficiencies in Sri Lanka’s agriculture policy; a country which for centu

Tamil Nadu Global Food Expo and Summit in August lures Lankans

Views - 48 Tuesday, 10 July 2018 00:00

Tamil Nadu Global Food Expo and Summit 2018 organised a roadshow in Colombo at Hotel Galadari on 5 July with the support of the High Commission of India, Colombo. The roadshow was focused to strengthen the bilateral trade relations between the India

Royal Cashews opens first ever online cashew store in Sri Lanka

Views - 423 Tuesday, 10 July 2018 00:00

Royal Food Marketing Company, leading cashew processing company in Sri Lanka opens the first ever online cashew store in the country, ‘Royal Cashews Online Cashew Store’ at Nugegoda. Royal Food Marketing Managing Director Dr. Ruwan Wathugala grac

Jinasena breaks new ground with innovative irrigation systems

Views - 239 Tuesday, 10 July 2018 00:00

Jinasena Ltd., one of the leading water management system solutions providers in Sri Lanka, has broken new ground with the implementation of two innovative projects recently. These include designing and installing irrigation systems for Clearpoint Re

Navin discusses plantation issues and development with ADB

Views - 234 Tuesday, 10 July 2018 00:00

Officials of the Asian Development Bank met Minister of Plantation Industries Navin Dissanayake and informed him of their commitment to fund the rehabilitation and development of the tea sector of the plantation industry. The Minister informed the d

May tea exports dip but first five-month haul higher

Views - 73 Friday, 6 July 2018 00:00

Sri Lanka tea exports in May saw a marginal dip although the first five months’ value has shown an improvement.

Expenditure on tobacco use tops GSP Plus export income, annual milk powder bill

Views - 52 Friday, 6 July 2018 00:00

The Sri Lankan consumers’ annual expenditure on cigarettes and tobacco is so high it surpasses the country’s annual

Nestlé’s successful milk-district model helps enhance lives of thousands of smallholder milk farmers

Views - 66 Friday, 6 July 2018 00:00

A traditional industry surviving thousands of years, local milk production’s ability to support Sri Lanka’s economic development

Today's Columnists

Poignant pondering on a patriarch

Monday, 22 April 2019

Almost five months have gone. It is with a profound sense of sadness that we experienced the demise of our veteran teacher, respected author, legal luminary, an accomplished ambassador, an eminent public servant and an amazing human being, Dr. Wickre

Enemies of democracy – Part I Demand for a strongman to rule the country

Monday, 22 April 2019

I posed the following question to a group of university students recently: ‘Do you desire to have a strongman to rule Sri Lanka today?’ The students, made up of both genders in the age group of 25 to 35, chorused the answer in the affirmative. Wh

The sad demise of Jet Airways

Monday, 22 April 2019

Jet Airways of India, once the premier full-service carrier of the sub-continent, has ceased operations. “Jet Airways and its Board of Directors have been forced to take this extreme measure, as prolonged and sustained efforts with lenders and auth

No more stones to break Sri Lankan bones

Friday, 19 April 2019

Trial by fire is not a new ordeal to Christian community. It predates Notre Dame and Nazism by millennia. In fact, a decade or so before Nero torched believers to light Roman avenues, Jewish religious leaders put Jesus-followers to the test as the Ch

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