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Friday July 30th, 2021
Agriculture

Sri Lanka to buy US$760mn in chemical fertilizer

Sri Lanka's cabinet of ministers has approved the purchase of 760 million US dollars in chemical fertilizer from the wor...

3 min read

Sri Lanka to probe domestic maize collector racket

Sri Lanka's Consumer Affairs Authority has been instructed probe a racket to push up domestic maize prices just as the h...

3 min read

Sri Lanka President in push to ensure fertilizer supplies for Yala

Sri Lanka's President Gotabaya Rajapaksa has met officials to ensure supplies of fertilizer with for the Yala cultivatio...

3 min read

Nestlé Sri Lanka unit Dec profits fall on lower sales

The Sri Lankan unit of food and beverage multinational Nestlé said profits for the December quarter fell 17.2 percent t...

3 min read

Sri Lanka plantations sitting on Rs300mn in oil palm seedlings amid ban

Sri Lanka's large commercial plantations companies are sitting on 300 million rupees of worth imported plants, which can...

Sri Lanka coconut auction prices fall for third week

Sri Lanka's Average coconut prices fell 1.54 percent to 52,794 rupees for 1,000 nuts at the second auction in September ...

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

Sri Lanka farmers get weather forecasts from birds: Survey

Farmers in Sri Lanka are turning to technology to predict the weather as climate change makes traditional forecasting me...

2 min read

Sri Lanka Yala 2018 rice forecast up 18-pct

Sri Lanka is forecasting 1.080 million tonnes of paddy (rough rice) to be produced in the 'Yala' minor cultivation seaso...

1 min read

Sri Lanka may lose Japan tea market due to continued glyphosate ban

Sri Lanka is facing the risk of a complete ban on tea exports to Japan due to the use of alternative weedicides to glyph...

3 min read

Sri Lanka debates nutrition while President calls for higher fruit prices

ECONOMYNEXT - Sri Lanka's top officials debated the validity of regulation to boost nutrition after President Maithripal...

3 min read

Sri Lanka to make fruits fashionable, use better preservation methods

ECONOMYNEXT - The Sri Lankan government will begin experimenting on processes to preserve rambutan and durian as a part ...

2 min read

Vessel monitoring improves Sri Lanka fisheries sustainability

ECONOMYNEXT – The introduction of a Vessel Monitoring Service (VMS) to track fishing boats in Sri Lankan waters h...

2 min read

Sri Lanka’s Hatton Plantations to build more tea factories

ECONOMYNEXT – Sri Lanka’s Hatton Plantations PLC plans to build more tea factories as it seeks to take adv...

2 min read

Tough going for Sri Lanka tea extracts business

ECONOMYNEXT – Sri Lanka’s Hayleys group has said its tea extracts business has found the going slow owing ...

1 min read

Sri Lanka tea auction average prices slip below 2017 levels

ECONOMYNEXT – Sri Lankan tea prices fell at this week’s Colombo auction with the cumulative auction averag...

1 min read

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Sri Lankan dairy industry wants price formula for milk powder

ECONOMYNEXT - Sri Lanka’s dairy industry has called for a price formula to replace government price control of mi...

2 min read

Sri Lanka plantations should start wage negotiations early: minister

Sri Lanka's regional plantations companies - commercial farms growing tea, rubber and oil palm - should start wage negot...

2 min read

Sri Lanka needs scientific evidence on palm oil controversy: Minister

Sri Lanka has to examine a growing controversy on oil palm cultivation using science and evidence based research and not...

2 min read

Sri Lanka's Watawala Plantations expect dairy turnaround

ECONOMYNEXT - Sri Lanka's Watawala Plantations Plc, which has interests in oil palm and cattle farming, that benefit fro...

2 min read

Sri Lanka floods to hit tea supplies to auctions

Sri Lanka's torrential rains are expected to disrupt tea supplies and reduce volume coming to forthcoming auctions, thou...

2 min read

Sri Lanka poultry farmers hit back at maize license raj, call for liberalization

Sri Lanka's poultry farmers who have been producing protein for the population despite government import duties taxes on...

3 min read

ADB gives US$453mn for Sri Lanka’s Mahaweli water security investment

ECONOMYNEXT – The Asian Development Bank (ADB) is giving Sri Lanka a loan of US$453 million to fund the second ph...

2 min read

Sri Lanka gets US aid to improve dairy production, quality

ECONOMYNEXT – The United States has started a dairy modernisation project in Sri Lanka aiming to almost double pr...

2 min read

Sri Lanka’s TAFL March profit eroded by avian flu impact, tax hike

ECONOMYNEXT – Sri Lanka's Three Acre Farms (TAFL), a breeder farm and poultry processing firm, said net profit fe...

1 min read

Sri Lanka's Ceylon Grain Elevators March profits up 45-pct

ECONOMYNEXT - Sri Lanka's Ceylon Grain Elevators, a feed milling firm and poultry processing group, said profits rose 45...

2 min read

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