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Sunday September 19th, 2021

Sri Lanka coconut auction prices hit two year high

6 min read

Sri Lanka coconut prices up at online auction

Sri Lanka’s average coconut prices grew to 6.5 percent to 47,098 rupees for a 1000 nuts from 44,241 rupees a week earl...

6 min read

Sri Lanka tea prices dip in first May auction

Sri Lanka’s high grown Ceylon teas saw dips in price in the first week of May amid quality drops lower foreign demand ...

6 min read

Sri Lanka's oil palm growers say ready for more 'import substitution' if allowed

Sri Lanka's oil palm growers which have been facing opposition from activist who are energized by rainforests destructio...

6 min read

Govt to intervene directly in the vegetable market to control prices

The government is planning to intervene in the produce market by purchasing directly from farmers and fixing profit marg...

Sri Lanka in import substitution drive to be self-sufficient in food, turmeric

Sri Lanka will grow more food under an import substitution drive to reach self-sufficiency in pulses and turmeric to sav...

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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Sri Lanka coconut prices plunge 30-pct at auction; export ban may be lifted

Sri Lanka's fresh coconuts dropped to an average 30 percent to 30,793 rupees for 1,000 nuts at the latest auction in Aug...

2 min read

Sri Lanka rice output to grow 56-pct in Yala 2018

Sri Lanka's rough rice output in the current Yala minor agricultural season is projected to be up 56 percent from a year...

2 min read

Sri Lanka fresh coconut prices fall steeply at auctions

Sri Lanka's fresh coconut prices have started to fall sharply at auctions, with many desiccated coconut and oil mills wh...

2 min read

Sri Lanka’s Watawala Plantations June net down 57-pct

ECONOMYNEXT – Sri Lanka’s Watawala Plantations net profit fell 57% to 164 million rupees in the June 2018 ...

2 min read

Sri Lanka’s Talawakelle Tea June quarter profit flat

ECONOMYNEXT – Sri Lanka’s Talawakelle Tea Estates June 2018 quarter was virtually flat at 46 million rupee...

1 min read

Sri Lanka to set up cold storage unit for farm produce to cut post-harvest losses

ECONOMYNEXT – Sri Lanka’s government is to set up a temperature controlled storage facility at Dambulla, ...

1 min read

Sri Lanka to reimburse tea exporter promotional costs

ECONOMYNEXT – The Sri Lankan government is to reimburse 19 tea exporters half their international promotional cos...

1 min read

Sri Lanka should follow evidence-based policies on tobacco cultivation: report

ECONOMYNEXT- Sri Lankan legislators must pursue evidence-based policies on tobacco cultivation, a consultancy firm said ...

2 min read

Dwindling Sri Lanka rubber output seen deterring investors

ECONOMYNEXT – Falling natural rubber production in Sri Lanka might deter new investments in the rubber products m...

2 min read

Sri Lanka shipwrecked fishermen rescued by China dredger

A Chinese sea sand dredger working on a sea reclamation project near Sri Lanka's Colombo port had rescued two shipwrecke...

1 min read

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