Inverness achieves record price for FBOP

Views - 201 Friday, 22 February 2019 00:00

An Invoice of Flowery Broken Orange Pekoe (FBOP) grade offered at the Colombo Tea Auction held on 18 February, for sale under the INVERNESS mark, achieved an All-Time record price of Rs. 1,500 per kg. Inverness teas are known for their high quality

Wattegodde Estate sets all time record price

Views - 94 Friday, 22 February 2019 00:00

Wattegodde Estate has established an all-time record price at this week’s tea auction held on 20 February by securing an attractive price of Rs. 830 per kilo for a BOP SP grade. This line of teas was purchased by Heritage Teas and marketed by Jo

Pedro Estate sets all time record price

Views - 124 Friday, 22 February 2019 00:00

Pedro Estate situated in Nuwara Eliya has established an all-time record price at this week›s tea auction held on 20 February, by securing an attractive price of  Rs. 1,250 per kilo for a BOP grade selling under the “Lovers’ Leap” mark.

PA commends capacity of new wage model to raise worker income above Rs. 1,000

Views - 248 Wednesday, 20 February 2019 00:00

Following the recent conclusion of negotiations around a new Collective Agreement between Regional Plantation Companies (RPCs) and estate sector trade unions, the Planters’ Association of Ceylon (PA) called on all stakeholders to take meaningful me

Mendacious propaganda against workers’ demands by the Planters’ Association

Views - 250 Wednesday, 20 February 2019 00:00

The Planter’s Association of Ceylon on 15 February published an article titled ‘Planters’ Association responds to Kiriella comments’ in the Daily Financial Times, explaining why an increase of the basic daily wage from Rs. 500 to Rs. 1,000 wi

A critique of ‘Planters’ Association responds to Kiriella’s comments’

Views - 242 Wednesday, 20 February 2019 00:00

The response by the Planters’ Association of Ceylon (PA) to Minister Kiriella’s comments have been read with interest. Prior to commenting on the responses of the PA, purely to point out the inaccuracies and incorrect positions stated therein, th

Planters’ Association responds to Kiriella comments

Views - 408 Friday, 15 February 2019 00:00

The Planters’ Association of Ceylon (PA) in a statement to media said it was deeply concerned about media pick up which highlighted inaccurate and inflammatory statements,purportedlyby Public Enterprise and Kandyan City DevelopmentMinisterLakshman

Housing and infrastructure development in 2018 reaches Rs. 2 b in the estate sector

Views - 67 Friday, 15 February 2019 00:00

Making steady progress in its efforts to improve housing and living conditions for estate sector employees, the Plantations Human Development Trust (PHDT) announced the completion of housing and infrastructure development projects to the value of Rs.

Auditor transition course conducted on food safety management system

Views - 25 Friday, 15 February 2019 00:00

The United Nations Industrial Development Organization (UNIDO), in collaboration with the Sri Lanka Accreditation Board (SLAB), hosted a series of certified auditor training sessions on Food Safety Management System (FSMS) based on ISO 22000:2018; th

Pedro Estate sets all time record price

Views - 151 Friday, 15 February 2019 00:00

Pedro Estate situated in Nuwara Eliya has established an all time record price at this week’s tea auction held on 13 February by securing an attractive price of Rs. 1,050 for a BOPF grade selling under the ‘Lovers Leap’ mark. This line of t

Sri Lankan tea companies participate in PRODEXPO Exhibition 2019 to promote Ceylon Tea in Russia

Views - 121 Friday, 15 February 2019 00:00

11 February marked the beginning of the 26th International Exhibition for Food, Beverages, and Food Raw Materials (PRODEXPO), which will be held until 15 February at the Expocentre in Moscow. As in previous years, with the support from the Sri Lanka

Review of tea industry in 2018

Views - 151 Friday, 8 February 2019 00:00

The Sri Lankan tea industry witnessed a moderate slowdown with decline in production, averages and exports in comparison to year 2017. The industry’s export revenue continues to witness static growth when compared to previous years. The fundamental

Marketing Board planned to boost spice exports

Views - 69 Friday, 8 February 2019 00:00

By Divya Thotawatte After more than a decade the Primary Industries Ministry is planning to re-establish a marketing board for spices and has requested an allocation of Rs. 1.4 billion from the Government to boost spice exports from 5,000 export vill

13.5% best ever leasing rate for agri sector

Views - 51 Friday, 8 February 2019 00:00

NDB Leasing and business customers can enjoy a special interest rate of 13.5% until 31 July, through ‘Smart Agri Leasing’ by NDB Leasing. This offer is available to support the vehicle requirements of customers involved in agriculture, poultry, f

Nestlé comments on eco-damaging dairy factory farms in Sri Lanka report

Views - 113 Tuesday, 5 February 2019 01:25

With reference to the article titled ‘Western corporations funding huge expansion of eco-damaging dairy factory farms in Sri Lanka, study finds’, reported by UK’s Independent newspaper and published in Daily FT on 29 January, following is the r

Pothotuwa and Dellawa excel

Views - 128 Tuesday, 5 February 2019 01:25

Pothotuwa Tea Factory equalled its all-time record price of Rs. 1,500 and Dellawa Tea Processing Centre achieved an all-time record price of Rs. 1,500 for a BOPF grade in the Low Grown category at the Tea Auctions held on 29 January. Dellawa is inte

All-time record price for Nuwara Eliya Estate

Views - 69 Tuesday, 29 January 2019 03:07

Nuwara Eliya estate situated in Labookelle has established an all-time record price at last week’s tea auction held on 22January. A liquoring OP grade of this estate selling under the ‘Inverness’ mark sold at an attractive price of Rs.980per k

2018 tea crop dips by 3.8 m kilos

Views - 54 Tuesday, 29 January 2019 03:04

Tea production in 2018 had declined by 3.8 million kilos or 1.2% to 303.8 million kilos, with Low Growns suffering the steepest fall whilst CTC production reached a record high. According to Forbes and Walker Tea Brokers, Low Growns crop declined by

Sri Lanka Market Review 2018 and Outlook 2019

Views - 619 Friday, 25 January 2019 00:00

World production of tea could well reach 6 billion kg in 2018. A review of published data of the International Tea Committee (ITC) shows 2017 achieving 5.8 billion against 5.5 the year before. These numbers are driven to a great extent by China’s a

Feeding 9 million mouths by 2030: Are we ready?

Views - 63 Tuesday, 22 January 2019 00:05

Under the proposed Sri Lanka Development Policy Framework’s Megapolis project, the Western region will have an estimated population of nine million by the year 2030. Whilst focusing on building the infrastructure, planning and policy making, it is

IFAD assistance to boost development of plantations and agriculture sector in Sri Lanka

Views - 128 Monday, 21 January 2019 00:00

Dr. Tarek Kotb, the Country Program Manager of International Fund for Agricultural Development (IFAD) Mission’s Asia and Pacific region has called on Sri Lanka’s Minister of Plantation Industries Navin Dissanayake at his Ministry.Through the IFAD

Cooperatives enter national rice supply chain

Views - 48 Monday, 21 January 2019 00:00

Boosting much needed farmer income and even blocking domestic market manipulations by the country’s large rice miller oligopoly, Sri Lankan Cooperative System is taking on a new challenge. The Cooperative sector – hitherto been on the rice distri

International Rice Research Institute honours President Sirisena

Views - 60 Monday, 21 January 2019 00:00

On the sidelines of entering into a five-year agreement to boost partnership, the International Rice Research Institute (IRRI) last week recognised Sri Lanka’s President Maithripala Sirisena for his contribution to the development of agriculture. A

India’s sugar mills struggling to export surplus as overseas prices fall

Views - 40 Friday, 18 January 2019 00:00

MUMBAI (Reuters): India’s sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi as a strengthening rupee and falling global prices make shipments unattractive despite a government push for overseas sales, industry

The Journal of Agricultural Sciences – Sri Lanka receives prestigious Scopus inclusion

Views - 81 Friday, 18 January 2019 00:00

The Journal of Agricultural Sciences – Sri Lanka (JAS-SL) has received its highest evaluation to be indexed in Scopus, the largest abstract and the citation database by the Content Selection & Advisory Board (CSAB). Following the completion of titl

CTC continues to reforest Sri Lanka, one sapling at a time

Views - 62 Friday, 18 January 2019 00:00

The Ceylon Tobacco Company PLC (CTC) recently marked its latest iteration of their Plant a Tree – Save The Planet, annual tree planting program. This year’s project was carried out in Padavigama, Meegalewa at the Sri Mahindaramaya Temple. Over 1,

Western Province to benefit from Chinese expertise in agriculture

Views - 61 Monday, 14 January 2019 00:43

Western Province governorate and Hainan Province in China will shortly sign an agreement to cooperate with each other to develop new techniques in agricultural projects in Sri Lanka.

Lucky Kottawa Tea Factory receives Award of Excellence at SDEA Awards

Views - 57 Monday, 14 January 2019 00:42

One of the well-known manufacturers of high quality tea in Sri Lanka, Lucky Kottawa Tea Factory received an award of National Excellence in Small Scale, Manufacturing Sector, National Level at Social Dialog &Workplace Cooperation Awards 2018 organise

Craighead Estate brews exceptional performance

Views - 41 Monday, 14 January 2019 00:41

Craighead Estate located in Nawalapitiya is bordered by the beautiful Gampola Valley to the east, the stunning Dolosbage Hills to the west, Adams Peak to the south and the Pidurutalagala Mountain range to the north.

Pothotuwa Tea Factory excels at tea auction

Views - 44 Monday, 14 January 2019 00:37

Pothotuwa Tea Factory situated in a low grown elevation produces teas of fine character and taste. Attention to detail in tea processing has seen the factory achieve all-time record prices of Rs. 1,500 for two low grown BOPF lines at the second sale

Today's Columnists

Making Sri Lanka go to the ‘MICE’

Wednesday, 27 March 2019

Whilst Sri Lanka continues to show a year-on-year growth in tourists, the focus thus far has only been on the number of tourists coming in, instead of the cash inflow and subsequent economic development. As of 2018, the local tourism sector is said t

Govt.’s 2019 Budget proposals are detrimental to women and children

Wednesday, 27 March 2019

The focus and attempt to create a gender-progressive Budget this fiscal year is indeed welcome. However, reading through the Budget proposals, it is alarming to see how many of its allocations to address women’s issues tend to further discriminate

AI and political marketing

Wednesday, 27 March 2019

Artificial Intelligence has become a hot topic in the recent past in Sri Lanka, with an eminent business personality explaining how his companies like Singer and HAYLEYS are using this technology to better serve the customers. Let me do a deep dive i

Worms destroying agriculture

Wednesday, 27 March 2019

By mid-March the majority of paddy farmers have completed harvesting their Maha crop; some with financial issues have already disposed their stocks to middlemen. Others are fighting to get a reasonable price for their stocks. The Paddy Marketing Boa

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