MTI advises on Tea Soda launch in USA

Views - 88 Monday, 10 December 2018 02:31

Teatulia USA has just launched ‘Tea Soda’, a breakthrough innovation that is bound to challenge the ready-to-drink tea/beverage market in the USA, starting with a test market in Denver. MTI is currently advising Teatulia USA on their business and

New FAO-China South-South Cooperation Project launched to strengthen fruit value chain in Sri Lanka

Views - 47 Monday, 10 December 2018 02:29

The signing ceremony of the FAO-China South-South Cooperation Tripartite Agreement between the Food and Agriculture Organisation of the United Nations (FAO), the People’s Republic of China, and the Democratic Socialist Republic of Sri Lanka took pl

Worker earnings tip over Rs. 80,000 per month through revenue-shared scheme on RPC managed estates

Views - 262 Tuesday, 4 December 2018 00:00

Estate workers on Regional Plantation Companies (RPC) managed estates have earned as much as Rs. 89,000 in the last month alone by working on tea fields that have been allocated to them on a revenue-share scheme. Top 20 pluckers from a hill country e

Paddy Marketing Board launches ‘PMB Rice’ brand

Views - 47 Friday, 30 November 2018 00:00

The Paddy Marketing Board has launched an official rice brand, prepared under the trade name ‘PMB Rice’. The first pack was presented to President Maithripala Sirisena by Minister of Agriculture Mahinda Amaraweera yesterday at the President’s O

Akshata distributes 10,000 kg of low-GI, non-GMO paddy seeds

Views - 52 Friday, 30 November 2018 00:00

Akshata, in its drive to increase low-GI rice varieties that are high in antioxidants with medical properties, expanded its farmer base by eight fold, distributing 10,000 kg of paddy seed free of charge and benefitting 200 new farmers. The project w

China signs pact with India to inspect fish meal, fish oil imports

Views - 38 Friday, 30 November 2018 00:00

MUMBAI (Reuters): India and China on Wednesday signed an agreement allowing Beijing to inspect imports of Indian fish meal and fish oil, as the two nations work out a broader trade deal following a thaw in relations this year. The decision was part o

Greece eyes pot of gold as medicinal cannabis licensed

Views - 45 Friday, 30 November 2018 00:00

ATHENS, REUTERS: Greece this week issued the first licences to private companies for growing medicinal cannabis in the country, part of an attempt to tap a burgeoning market worth billions. Greece legalised cannabis for medical use last year and in

NOCU organises awareness workshop on organic farming for international market prospects

Views - 69 Friday, 30 November 2018 00:00

NOCU organised an awareness workshop for the stakeholders engaged in organic agriculture related activities to educate them on the role of NOCU and international market prospects for organic agriculture products. The workshop was held on 29 November

Will agricultural tax cuts help agriculture?

Views - 57 Friday, 30 November 2018 00:00

My history textbooks told me that Sri Lanka used to be called the “Granary of the East”. In fact, that is still an oft-cited phrase when talking about Sri Lanka’s agricultural sector. But today, local agriculture faces a declining and sometimes

Avissawella Tea Factory establishes another all-time record price

Views - 71 Friday, 23 November 2018 00:00

Avissawella Tea Factory, though situated in the ancient Seethawaka kingdom, is the only tea factory comes under the Colombo District. This beautiful and well-organised tea factory is located in the Industrial Zone of Avissawella. Sithaka Tea Factory

Dave Group reinforces partnership with John Deere to transform agriculture industry in SL

Views - 89 Wednesday, 21 November 2018 00:00

Agricultural equipment specialists Dave Group yesterday outlined their future plans with their technologically superior American tractor brand John Deere set to introduce innovative agriculture methodologies to transform the cultivation industry of S

Mechanisation important to boost agriculture

Views - 81 Wednesday, 21 November 2018 00:00

Agriculture Ministry Development Additional Secretary I.U. Mendis yesterday insisted that it was critical for Sri Lanka to move toward mechanisation in the cultivation sector to increase productivity and production.

Sri Lanka to participate along with India at Asia’s biggest tea coffee trade show at Mumbai

Views - 95 Wednesday, 14 November 2018 00:00

With India growing leaps and bounds in the Tea and Coffee sector – both in terms of production, consumption and innovation – global companies are converging at the sixth Mumbai World Tea Coffee Expo 2018 from Thursday 29 November to Saturday 1 De

Colombo Rubber Traders’ Association centennial celebration on 27 November

Views - 126 Thursday, 8 November 2018 00:00

The Colombo Rubber Traders’ Association (CRTA) of the Ceylon Chamber of Commerce, which represents the interest of Sri Lanka’s rubber industry, was inaugurated on 27 November 1918. The Association celebrates its 100th anniversary on 27 November

Tea auctions this week

Views - 117 Thursday, 8 November 2018 00:00

By Forbes and Walker Tea Brokers Overall auction quantities totalled approximately 6.0 M/Kgs. Low Growns continued to meet with good demand, whilst High & Mid Grown Small leaf teas continued to witness downward pressure in prices following the lower

Global dairy prices fall, dragged down by whole milk powder

Views - 58 Thursday, 8 November 2018 00:00

WELLINGTON, REUTERS: Global dairy prices dropped for the sixth time in a row at a fortnightly auction early on Wednesday as prices for a key product, whole milk powder, sank to a two-year low. The GDT Price Index dipped 2%, with an average selling p

GRI produces first ever radial agriculture tyres in Sri Lanka

Views - 57 Thursday, 8 November 2018 00:00

Radial tyres offer greater horsepower-to-ground capability, less wheel slip, reduced soil compaction and increased farm productivity. “While the exterior profile of today’s radial tractor tyres is a little different to 25-40 years ago, advances r

Nestlé opens third milk chilling centre in Mannar district

Views - 67 Thursday, 8 November 2018 00:00

Continuing its strong dairy development drive in the country, Nestlé has opened its third milk chilling centre in the Mannar district, in the north-western town of Madhu. The chilled storage facilities are vital in a tropical climate, as it offers

Global food prices dip in October: FAO

Views - 43 Monday, 5 November 2018 01:08

HNB partners with SLWP to commence rainwater harvesting for 6 schools in Hatton

Views - 38 Monday, 5 November 2018 01:07

Furthering its mission to serve as a partner in progress to all Sri Lankans, leading local bank, HNB PLC announced that it would be working in collaboration with the Sri Lanka Water Partnership (SLWP) to introduce rainwater harvesting tanks to six sc

Doombagastalawa achieves all-time record

Views - 45 Monday, 5 November 2018 01:07

Doombagastalawa Estate, situated in the Nawalapitiya/Kothmale agro-climatic sub district, achieved an all-time record price of Rs. 900 per kg for a BOPSP grade in the Western Medium category at the weekly tea auctions held on 30 October. This line of

Indian tea exporters cheer exemption from American sanctions on Iran

Views - 133 Monday, 5 November 2018 01:06

Tea producers and exporters, after a dip in tea prices of more than 7%, anticipate a rebound in demand for the orthodox tea variant as well as price recovery for exports to Iran after the US decided to exempt India from trade sanctions on the West As

Kirklees Estate amongst record books at Colombo Tea Auctions

Views - 55 Tuesday, 30 October 2018 01:23

At the Colombo Tea Auction held on 23 October, Kirklees Estate had the proud distinction of establishing an All Time Record Price of Rs. 740 for a BOP grade, in the Uda Pussellawa category. This line of tea was purchased by M/s. Heritage Teas Ltd. Ki

Mitra Innovation engages in talks with VCCI to contribute to development of AgriTECH in Vietnam

Views - 53 Tuesday, 30 October 2018 01:23

British trade delegates and founders of Mitra Innovation – Dammika Ganegama, Managing Director of Mitra Innovation and Vice President Sri Lanka Australia Chamber of Commerce, and Dr. Ashok Suppiah, CEO Mitra Innovation and ex-founding member of $ 1

Dialog and Universities of Ruhuna and Moratuwa spearhead next-gen solutions for smallholder farmers

Views - 76 Tuesday, 30 October 2018 01:23

In a combined effort to provide Sri Lankan smallholder farmers with an affordable solution for protecting crop yields from adverse weather and other negative conditions, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, has partnered wi

Samagi Spice Exports wins Presidential Export Award

Views - 60 Tuesday, 30 October 2018 01:22

The market leader in exporting cinnamon, Samagi Spice Exports Ltd. excelled at the Presidential Export Awards 2018, organised by the Export Development Board (EDB), by bagging an Export Excellence Presidential Award as the ‘Highest Foreign Exchange

Nayapane Estate establishes All Time Record Price

Views - 36 Tuesday, 30 October 2018 01:22

Nayapane Estate, situated in Pussellawa, has established an All Time Record Price of Rs. 1050 per kg for a liquoring BOP grade in the Western Medium Category at the Tea Auctions concluded this week. Nayapane has consistently produced teas of good

Chickens and eggs: Retailer Carrefour adopts blockchain to track fresh produce

Views - 24 Thursday, 25 October 2018 00:00

London (Reuters): Europe’s largest retailer Carrefour SA has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming

Harnessing the power of livestock to drive sustainable development

Views - 24 Thursday, 25 October 2018 00:00

Rome: A new FAO report highlights the multiple contributions made by the global livestock sector — especially to the lives of millions of poor, animal-dependent small-scale producers in developing countries — but also says that changes in policie

An alternative use of cow manure

Views - 28 Thursday, 25 October 2018 00:00

Across the developing world but especially in sub-Saharan Africa and Southern Asia, rural villages and remote areas often lack direct connections to national electricity grids, locking them in poverty and underdevelopment. But increasing numbers of c

Today's Columnists

10-year challenge: Has Sri Lanka made progress in last decade to become financially-literate?

Thursday, 24 January 2019

The ’10-Year Challenge,’ Facebook’s latest social media phenomenon has taken the internet by a storm. People are posting a picture from 10 years ago alongside their current profile picture or some other photograph and the transformation through

Catwalk beyond 400 PPM – Consuming towards disaster!

Thursday, 24 January 2019

Catwalks sizzle! What’s on the catwalk – the skin, the silk, lycra parading endlessly broadcast to the world whatever new and popular in clothing and accessories and it also communicates desirable dimensions too in a not-too-subtle manner. Knowi

Rolling back big government – The next big challenge

Thursday, 24 January 2019

Preliminary estimates in the 2019 Budget to be presented on 5 March this year include an income of 2.5 trillion and a debt service requirements of a whopping 2.2 trillion, leaving only a net income of 0.3 trillion. As for expenditure, the Government

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