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Sunday September 19th, 2021

Sri Lanka's Bairaha Farms hit by import embargo on top of Coronavirus

Sri Lanka's Bairaha Farms Plc, a feed-milling and poultry processing group which had already been hit by a Coronavirus c...

6 min read

Sri Lanka tea prices extend fall in May

Sri Lanka's tea prices extended falls across the board except for secondary teas in the third auction for May coming dow...

6 min read

Government has not "surrendered to big rice millers" - Bandula

The government is dismissing allegations that it has given in to the so-called “Rice Mafia” by increasing the contro...

6 min read

Grain Elevators expect hit from Sri Lanka's self-imposed trade embargo

Sri Lanka's Ceylon Grain Elevators, a feed milling and poultry farming and processing group said it has liquidity and th...

6 min read

Sri Lanka encourages home gardening as Covid-19 takes toll

A 75 percent of Sri Lankans are ready to continue the lifestyles taken up under the harsh conditions of COVID-19 enforce...

WFP and Korea provides seed to 54,000 Sri Lanka farmers

Around 54,000 farmers in rural Sri Lanka will get subsidized seeds under a program backed by the United Nations World Fo...

Sri Lanka's planters push for outgrower model as wage deadline looms

ECONOMYNEXT - Sri Lanka's Regional Plantation Companies are pushing for a new outgrower model, as a deadline on wage neg...

1 min read

Sri Lanka rubber farmers call for effective taxes on export industries

In a move which may spell the death for more than 10 percent of Sri Lanka's industrial exports, the country's top associ...

6 min read

Male domination in Sri Lanka's plantations challenged by ex-chief

ECONOMYNEXT - An ex-plantations chief in Sri Lanka has challenged the gender norms and operational practices the industr...

2 min read

Sri Lanka’s tea export volumes, earnings fall in August

ECONOMYNEXT – Sri Lanka’s tea export volumes and earnings fell in August 2018 from a year ago, largely owi...

2 min read

Sri Lanka's coconut prices steady, export ban lifted

ECONOMYNEXT - Sri Lanka coconut prices fell 5.4 percent at Thursday's auction in Colombo, to 36,346 rupees for 1,000 nut...

1 min read

Indian grant for 5,000 tonne cold storage in Sri Lanka

ECONOMYNEXT - India Monday signed an agreement with Sri Lanka to grant 300 million rupees to build a 5,000-metric ton te...

1 min read

Sri Lankan tea prices fall for 7th straight month

ECONOMYNEXT – The slump in Sri Lankan tea prices continued in August this year with the monthly auction average p...

1 min read

Sri Lanka coconut prices down 2.2-pct at auction

Sri Lanka's coconut prices fell 2.2 percent to an average of 37.06 rupees a nut at this week's auction in Colombo, offic...

1 min read

Sri Lanka to get US$100mn from ADB for tea industry upgrade

ECONOMYNEXT – The Asian Development Bank (ADB) has allocated a US$100 million loan to Sri Lanka to modernise the ...

1 min read

Sri Lanka govt pushes shift to higher value agriculture

Sri Lankan farmers should shift into higher value agriculture to avoid being trapped in low-wage subsistence farming, Mi...

2 min read

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Sri Lankan palm oil firms form lobby after environmental strictures

ECONOMYNEXT – Sri Lankan palm oil growing plantations companies have banded together in a new association followi...

2 min read

Sri Lanka's coconut auction prices recover 15-pct in snap back

ECONOMYNEXT - Sri Lanka's fresh coconut prices rose 15 percent to 39.93 rupees a nut at the last auction of August in Co...

1 min read

Sri Lanka state plantations key patronage tool before privatization

Sri Lanka's state plantations became a key tool of political patronage, where procurement contracts, jobs and parcels of...

5 min read

Call to give freedom to Sri Lanka tea producers; end auction monopoly

Sri Lanka's tea producers are losing out, and innovation and marketing have been stifled due to a restrictive auction sy...

3 min read

Reserve funds mooted to help Sri Lankan plantations ride commodity downturns

ECONOMYNEXT – The creation of financial reserves to help Sri Lankan regional plantations companies (RPCs) ride ou...

1 min read

Hybrid seeds, predatory mites to raise Sri Lanka coconut crop

ECONOMYNEXT – Sri Lanka’s Plantation Industries Ministry has got approval for new projects to improve coco...

1 min read

Sri Lanka fresh coconuts up 6.4-pct at auction

Sri Lanka's average price or fresh coconuts rose 6.4 percent from a week earlier to 32,770 rupees per 1,000 nuts, as har...

1 min read

India to part-finance refrigerated warehouse in Sri Lanka

ECONOMYNEXT – A planned temperature controlled storage facility to be set up in central Sri Lanka, funded largely...

1 min read

Sri Lanka increases planting subsidies for rubber

ECONOMYNEXT – Sri Lanka’s government is to sharply raise subsidies given to farmers for planting rubber tr...

1 min read

Sri Lanka's LMF to invest Rs2bn in new dairy farm

Lanka Milk Foods, a unit of Sri Lanka's Melstacorp Plc, said it will invest 2 billion rupees to set up a dairy farm with...

2 min read

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