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Friday October 22nd, 2021
Agriculture

Sri Lanka tea plantations to pay salaries of workers in April

Sri Lanka's tea farms will be able to pay salaries to workers in April since tea is being plucked and prices have also r...

3 min read

Sri Lanka activates tea, rubber, cococnut spice export crops amid Coranvirus curfew, hotlines given

Sri Lanka has given the go-ahead for tea, coconut, rubber, pepper, Cinnamon and other crop producers to resume harvestin...

3 min read

Sri Lanka makes rice milling an essential service in Covid curfew, New Year

Sri Lanka has declared rice milling to be an essential service to supplies of grain flowing during a curfew imposed to ...

3 min read

Sri Lanka tea prices soar amid rupee fall, tight supplies at Coronavirus e-auction

Sri Lanka's tea prices rose sharply at an auction held amid Coroanvirus curfews with a falling rupee, strong demand from...

3 min read

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...

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 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

Standards, traceability rules coming for rubber industry, Sri Lanka forum told

ECONOMYNEXT – International tire manufacturers are promoting the introduction of standardisation and traceability...

2 min read

Sri Lankan tea prices rise on weaker rupee, lower volumes

ECONOMYNEXT – Prices of several grades of Sri Lankan tea rose sharly at this week’s one-day auction in Col...

1 min read

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Latest Last
US Dollar 201.0455 200.5117
UK Pound 277.3121 277.2676
Euro 233.7456 233.8869
Aus Dollar 150.2614 151.2660
Yen 1.7625 1.7543
Source: Central Bank/Indicative
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Indian Rupee 2.6854 2.6801
Korea Won 0.1705 0.1707
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Source: Central Bank/Indicative
pts %
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Turnover Rs million. 2,191,558,044.10 4,268,523
Source: CSE
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3-m bill 7.19 6.64
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12-m bill 7.46 6.96
5-yr bond 10.52 9.48
8-yr bond 11.37 9.97
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
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Source: Central Bank/Indicative

Sri Lanka's glyphosate ban cost Rs35bn in crop losses: farm managers

Sri Lanka's tea farm managers say a ban on the popular weedicide glyphosate without using scientific evidence, which end...

2 min read

Sri Lanka Maha 2018 rice production rebounds 62-pct

Sri Lanka's rough rice production in the main Maha cultivation season has been upped to 2.4 million metric tonnes, rebou...

2 min read

Sri Lanka's TAFL says exports of parent chicks up, weak domestic demand

Sri Lanka's Three Acre Farms, a breeder farm and poultry processing firm said exports of parent stocks rose in 2017, whi...

2 min read

Sri Lanka promote lagoon aquaculture, conservation

Sri Lanka's fisheries ministry will start a conservation program to protect lagoon eco-systems which will boost fisherie...

2 min read

Sri Lanka - Canada initiative develops nanotech to keep fruits fresh

Sri Lanka's Industrial Technology Institute has developed nanotechnology based products to keep fruits fresh and cut pos...

2 min read

Sri Lanka awards fertiliser contracts for paddy cultivation

ECONOMYNEXT – Sri Lanka has awarded three companies contracts to supply 60,000 metric tonnes of chemical fertilis...

1 min read

Sri Lanka tea crop seen increasing as rains return

ECONOMYNEXT – Sri Lankan tea production, which has been hit badly in recent years by bad weather, is seen increas...

1 min read

Sinohydro wins Sri Lanka irrigation canal contract

ECONOMYNEXT – China’s Sinohydro Corporation Limited has won a Rs6.1 billion contract to build the Upper El...

2 min read

Sri Lanka's Hapugastenne Plantations expands pepper, cinnamon

Sri Lanka's Hapugastenne Plantations has expanded pepper and cinnamon cultivation as well as forestry cover to diversify...

1 min read

Sri Lanka wholesale rice prices fall dramatically in February

Sri Lanka's wholesale rice prices at the Marandagahamula market, which is a benchmark for the rest of the country has fa...

2 min read