Agriculture

India rates dip as rupee flounders; markets eye Philippine boost

Views - 18 Wednesday, 5 September 2018 00:00

Bengaluru (Reuters): A dip in rice export prices as the rupee plunged failed to stoke fresh demand for the Indian variety last week, but potential orders from the Philippines and elsewhere could provide fresh impetus to markets in Thailand and Vietna


Malaysia’s palm oil output to decline in 2018

Views - 45 Tuesday, 4 September 2018 00:00

Kuala Lumpur (Reuters): Malaysia’s palm oil production is expected to dip in 2018 due to lower yields, analyst Thomas Mielke said at a Kuala Lumpur industry event last week. Output from Malaysia, the world’s second-biggest palm oil producer, will


New MD at Hapugastenne Plantations and Udapussellawa Plantations

Views - 520 Tuesday, 4 September 2018 00:00

Nanayakkara Hettiarachichige Gihan Sudharshana Jayasinghe has been appointed as Managing Director of Hapugastenne Plantations PLC (HPPLC) and Udapussellawa Plantations PLC (UPPLC) with effect from 3 September. HPPLC and UPPLC are the plantation secto


India rates dip as rupee flounders; markets eye Philippine boost

Views - 11 Tuesday, 4 September 2018 00:00

Bengaluru (Reuters): A dip in rice export prices as the rupee plunged failed to stoke fresh demand for the Indian variety last week, but potential orders from the Philippines and elsewhere could provide fresh impetus to markets in Thailand and Vietna


Palm Oil Industry Association launched to advocate sustainable growth

Views - 33 Tuesday, 4 September 2018 00:00

Businesses with a cumulative investment of approximately Rs. 26 billion in the Palm Oil industry in Sri Lanka came together in Colombo on 30 August, to formally inaugurate an industry association under the aegis of the Ceylon Chamber of Commerce, to


Pulling back the curtain on privatisation of Sri Lanka’s plantation sector

Views - 70 Monday, 3 September 2018 00:00

With the fate of Sri Lanka’s plantation industry continuing to remain as a hot-button issue of debate in the media, numerous views have been aired on the rationale behind the privatisation of State plantations in 1992.


Bairaha Farms Plc recognises and rewards best breeder farm for 2017

Views - 46 Monday, 27 August 2018 00:00

Bairaha Farms Plc, Sri Lanka’s pioneering and leading chicken processors and suppliers, recently felicitated its best manager, Sampath Wijesekara, who is in charge of two breeder farms, for producing the most numbers of chicks per hen.


Farmers benefit from mutation bred groundnut for 25 years

Views - 41 Monday, 27 August 2018 00:00

www.iaea.org: The year was 1993 when the groundnut variety Tissa, a product of mutation breeding, was released in Sri Lanka.


Tea industry performance in first half of 2018

Views - 419 Thursday, 23 August 2018 00:00

By Ceylon Tea Broker Plc The second quarter of the Sri Lankan tea industry in 2018 saw a sharp decline in elevation averages in comparison to the first quarter. Increased crop figures and decline in quality, political tension in the Middle East, con


Craighead Estate achieves an all-time price

Views - 36 Thursday, 23 August 2018 00:00

The Craighead Estate, Udahetenna, achieved an all-time record price of Rs. 940 per kg for a PEK1 grade in the Western Medium category at the weekly Tea Auctions held on 20 August. This line of tea was purchased by Euro Scan Exports Ltd. and marketed


First-ever Rs. 1,000 for Mattakelle Dust 1

Views - 208 Thursday, 23 August 2018 00:00

At the Colombo Tea Auction on 20 and 21 August, an invoice of Mattakelle Dust 1 selling under the Western High Grown category realised Rs. 1,000 per kg. It was the first time the Dust 1 grade achieved a four-figure price in any elevation. In the proc


Global wheat supply to crisis levels

Views - 43 Thursday, 23 August 2018 00:00

London (Reuters): A scorching hot, dry summer has ended five years of plenty in many wheat-producing countries, and drawn down the reserves of major exporters to their lowest level since 2007/08, when low grain stocks contributed to food riots across


Eastern Brokers sets all-time record for Kirklees Estate

Views - 26 Tuesday, 21 August 2018 00:00

At the recently concluded Colombo Tea Auctions held on 8 August, Kirklees Estate achieved an all-time record price of Rs. 750 per kg for a DUST No. 01 grade in the Uda Pussellawa category. This line of tea was purchased by M/s. Watawala Tea Ceylon Lt


St. James achieves all-time record price

Views - 21 Tuesday, 21 August 2018 00:00

St. James achieved an all-time record price of Rs. 1,550 per kg for a PEK1 grade in the Uva Medium Grown elevational category at the weekly Tea Auctions held on 15 August. Forbes and Walker Tea Brokers Ltd. was the marketer of this line of tea. Mal


Drone technology for agriculture development in Sri Lanka

Views - 71 Tuesday, 21 August 2018 00:00

The Government is considering the use of drone technology in the agricultural industry to develop and make the field more efficient. Accordingly, a special discussion regarding the use of drone technology in agriculture took place recently at the Na


New animal feed plant from Pelwatte Dairy to support dairy industry in Sri Lanka

Views - 83 Tuesday, 21 August 2018 00:00

Pelwatte Dairy Industries Ltd. (PDIL), Sri Lanka’s 100% local dairy manufacturer has since its inception been driven by a vision of making this nation self-sufficient in milk. In another pioneering venture towards this goal, the company included it


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

Views - 93 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 - 324 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 - 41 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 - 26 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 - 247 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 - 32 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 - 111 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 - 44 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 - 41 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 - 29 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 - 42 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 - 203 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 - 30 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 - 33 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


Today's Columnists

The fish that swallowed the whale

Friday, 16 November 2018

This is an easy-peasy, elementary effort of an ordinary citizen to comprehend the mad scramble for power among the political class. It is undertaken in the belief that the crisis we face is an opportunity to reject the family kleptocracy of Mahinda R


Courting democracy; Housing disaster?

Thursday, 15 November 2018

A small step was taken by a sovereign court the day before yesterday. It was a giant leap for the supremacy of the Constitution over all three arms of government in a recently benighted Sri Lanka. As well as being the tangible proof of intra-governme


Sri Lanka’s Judiciary in its finest hour

Thursday, 15 November 2018

“We must never forget that the only real source of power we as judges can tap is the respect of the people” –Justice Thurgood Marshall


When scholars turn slayers of reason

Thursday, 15 November 2018

“… I think, that the intellectual is an individual endowed with a faculty of representing, embodying, articulating a message, a view, an attitude, philosophy or opinion to, as well as for, a public. And this role has an edge to it, and cannot be


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