Lower quantity but good demand at this week’s tea auctions

Views - 54 Thursday, 31 August 2017 00:00

This week’s total auction quantity recorded a significant decline over last week and totalled 6.1M/kgs vis-à-vis 7.3M/kg on offer the previous week.

Sri Lanka to hold two international meetings on agriculture

Views - 20 Thursday, 31 August 2017 00:00

The Government this week gave approval to hold two international conferences in the field of agriculture.

Bangladesh tea prices rally for second week

Views - 18 Thursday, 31 August 2017 00:00

Dhaka (Reuters): Tea prices in Bangladesh rose at the weekly auction for a second straight session on strong demand for quality leaf amid tight supplies.

China launches anti-dumping probe on rubber imports from EU, US and S’pore

Views - 21 Thursday, 31 August 2017 00:00

Beijing (Reuters): China’s Commerce Ministry said it has launched anti-dumping investigations into hydrogenated butyl rubber from the United Sates, the European Union and Singapore. The products are mainly used to produce heat resistant material, a

New Vithanakande Tea Factory sets new records

Views - 22 Thursday, 31 August 2017 00:00

At the Colombo Tea Auction held on 29-30 August, reflecting strong demand for low grown teas, New Vithanakande Tea Factory, Delwala once again achieved two record prices for their Pekoe and BOP grades.

All-time record price for Morawakkorale tea factory

Views - 18 Thursday, 31 August 2017 00:00

Morawakkorale Tea Factory situated in Kotapola, Matara District, established an all-time record price for a BOP1A Grade in the Low Grown catalogue selling at Rs. 720 at this week’s tea auction held on 29 August. The purchase was made by Uniworld Te

52,000 MT local rice hits the market

Views - 16 Wednesday, 30 August 2017 00:00

Sri Lanka has started infusing locally milled rice to the markets and has also inked an agreement with Indian private suppliers for immediate rice tranches to Colombo.

Sri Lanka hopes to collaborate with Turkey in tea sector

Views - 47 Wednesday, 30 August 2017 00:00

Sri Lanka hopes to collaborate with Turkey in the tea sector rather than competing and Turkey can become a tea hub between Europe and Asia with Colombo’s collaboration, Sri Lanka’s Ambassador to Ankara P.M. Amza has said.

Rainforest Alliance certification for Dambatenne Group – Haputale

Views - 492 Wednesday, 30 August 2017 00:00

The journey for Rainforest Alliance certification commenced in 2012 on Dambatenne Estate, Haputale, where initially it qualified for a group certification with Pitaratmalie and Beauvais Estates. The Manager of Dambatenne Estate was D.R. Madena (pres

Canada opens doors to Indian banana, mango, pomegranate

Views - 7 Wednesday, 30 August 2017 00:00

The Hindu Business Line: Canada has opened its markets to Indian fruits and vegetables such as banana, mango, pomegranate, custard apple and okra (bhendi).

India to pursue GM crops only after biosafety, socio-economic evaluation

Views - 4 Wednesday, 30 August 2017 00:00

PTI: No genetically modified (GM) crop should be introduced in India unless the biosafety and socio-economic desirability is evaluated in a “transparent” process and an accountability regime is put in place, a parliamentary panel has said.

Brazil trade delegation visits Plantation CRT Trade Fair

Views - 132 Tuesday, 29 August 2017 00:28

A high-powered trade delegation from the Federative Republic of Brazil, one of the BRICS nations, visited Sri Lanka from 10to 12 August to participate in the CRT Trade Fair organised by the Ministry of Plantation Industries, which was held at the

University study determines tobacco cultivation has no adverse impacts on soil fertility

Views - 29 Tuesday, 29 August 2017 00:00

A joint study by the Department of Soil Science and the Faculty of Agriculture at the University of Peradeniya has refuted claims that tobacco causes soil fertility degradation. The results of this study was presented at the recently concluded 4th

IPS study reveals anomalies in living wage for tea estate workers

Views - 194 Monday, 28 August 2017 00:06

According to a study by the Institute of Policy Studies (IPS) the estimated living wage (a little more than the minimum pay rates needed to let workers and their families lead a decent life) for the estate workers in the tea plantation industry in

FAO Food Price Index rises further in July

Views - 76 Monday, 28 August 2017 00:06

Cereals, sugar and dairy push the Index higher Rome: Global food prices rose for the third consecutive month in July, driven mainly by higher cereal, sugar and dairy quotations. The FAO Food Price Index – a monthly trade-wei

Potato harvest in Yala season to top 64,000 metric tons

Views - 83 Monday, 28 August 2017 00:06

Harvesting of Sri Lanka’s indigenous potatoes in the Yala season has commenced in Welimada. Many areas of the Uva Province have come under the potato cultivation. The bulk of the potato harvest reaches the market in the Yala season. Harv

Daya Gamage urges spices exporters to go for more value addition, medicinal benefits

Views - 204 Monday, 28 August 2017 00:06

By Charumini de Silva In a fresh attempt to boost exports, Primary Industries Minister Daya Gamage last week urged the spices industry to focus more on value addition and market medicinal benefits if the sector were to enhance export earnings to

Factory farming in Asia poses environmental, forced-labour risks: Report

Views - 82 Monday, 28 August 2017 00:06

MUMBAI (Thomson Reuters Foundation): The rapid growth of factory farming in Asia for livestock and seafood poses enormous environmental and forced labour risks, in addition to threats to public safety and health, according to a report by an invest

Thailand to host rubber council meeting amid price worries

Views - 237 Friday, 25 August 2017 00:01

BANGKOK (Reuters): Asia’s top rubber producers will meet in Thailand in September, an official at Thailand’s rubber authority said, with export curbs to help boost prices likely to be on the agenda. The International Tripartite Rubbe

St. James tea sets new records once again

Views - 252 Friday, 25 August 2017 00:00

St. James teas continued its record-breaking trend this Eastern Quality Season with invoices of Pekoe1 grade achieving Rs. 1,500 per kg and Rs. 1,450 per kg, which improves its own record of Rs. 1,350 for Uva Mid Grown PEK1 set at last week’

Sustainable development goals key to overcoming agriculture challenges

Views - 329 Friday, 25 August 2017 00:00

Attributing the ongoing drought - the worst in decades - to climate change, a high-ranking Agriculture Ministry official yesterday noted the importance of adhering to the 17 sustainable development goals in ensuring food security. Speaking at t

Bangladesh to cut duty on rice imports to cool local prices

Views - 184 Friday, 25 August 2017 00:00

  Second cut in rice duty in less than two months Bangladesh a major rice importer after floods cut output High prices a worry; Dhaka seeks to buy 1.5 m tones Bangladesh demand could

Good demand at weekly tea auctions

Views - 228 Friday, 25 August 2017 00:00

By Forbes and Walker This week’s auction offerings totalled a 7.3M/kgs. There was good general demand. Ex-Estate offerings were similar to last and totalled a 0.9M/kgs. Quality of teas on offer from the Western and Nuwara Eliya planting

Bangladesh tea prices up at weekly auction

Views - 193 Friday, 25 August 2017 00:00

DHAKA (Reuters): Tea prices in Bangladesh rose nearly 1% at the weekly auction on strong demand for quality leaf despite a higher volume on offer. Bangladeshi tea fetched an average of 209.34 taka ($2.60) per kg at the weekly auction on Tuesday,

India’s July rubber imports drop 14%

Views - 189 Friday, 25 August 2017 00:00

MUMBAI (Reuters): India’s natural rubber imports in July fell 13.8% from a year ago to 35,560 tons as domestic output jumped due to favourable weather, the state-run Rubber Board said in a statement on Tuesday. The country’s producti

Uva Highlands achieves all time record price

Views - 217 Friday, 25 August 2017 00:00

Uva Highlands Estate achieved an all time record price of Rs. 1,400 per kg for a BOPF grade in the Uva High grown elevational category, at the weekly tea auctions held on 23 August. This invoice was purchased by M/s., Stassen Exports Ltd., and mar

Workshop on living wage study for estate sector

Views - 289 Wednesday, 23 August 2017 00:00

A Stakeholder Validation Workshop on Living Wage for the Estate sector organised by the Institute of Policy Studies of Sri Lanka (IPS), Global Living Wage Coalition (GLWC) and Fair Trade International (FTI) will be held on 24 August at the IPS Aud

Agriculture a culprit in global warming, says US research

Views - 311 Wednesday, 23 August 2017 00:00

New York (Thomson Reuters Foundation): Agriculture has contributed nearly as much to climate change as deforestation by intensifying global warming, according to US research that has quantified the amount of carbon taken from the soil by farming.

FAO training on Fisheries Law and Prosecution to prevent, deter and eliminate IUU fishing

Views - 258 Wednesday, 23 August 2017 00:00

In 2016 the Food and Agriculture Organisation of the United Nations (FAO) and the Government of Sri Lanka agreed to a project focussed on capacity building to combat Illegal, Unreported and Unregulated fishing (IUU fishing). IUU fishing contribut

Achieving food security: A plausible reality or a pipedream for Sri Lanka?

Views - 375 Wednesday, 23 August 2017 00:00

By Manoj Thibbotuwawa  and Erin Leonard  Almost 900,000 people in North Central and Eastern parts of Sri Lanka faced serious food insecurity issues in 2016 due to the country’s worst drought in 40 years. This situation was furt

Today's Columnists

Is Sri Lanka ready for the 2025 growth agenda?

Tuesday, 19 September 2017

The other day the President and Prime Minister launched the 2025 vision for Sri Lanka which was incidentally the third policy statement of the Government since coming to power in 2015. My view is that the continuous changes to policy is important and

Venerable villainy of mercenary monks

Tuesday, 19 September 2017

The picture says it all. The ‘Silredi Sirakaruwan Mudaganime Aramudala’ was not demonstration of piety. It was a bold repudiation of the rule of law by a cabal of venerable villains, brazenly insisting that we Sinhala Buddhists submit to a rule b

Government has accepted jurisdiction of the International Court of Justice over Sri Lanka

Tuesday, 19 September 2017

At the ongoing September 2017 sessions of the UN Human Rights Council, the UK has written to the President of the Council to assert that a long standing dispute it has with the Mauritius cannot be referred to the International Court of Justice becaus

Vision 2025: Part 1: Need for moving from a wish list to a concrete plan

Monday, 18 September 2017

The Unity Government released its newest economic policy statement titled V2025 – the marketing tag for the goals it has set for realisation from 2017 to 2025 – two weeks ago.

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