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Saturday November 27th, 2021
Agriculture

Sri Lanka high grown teas up, low growns ease in April 29/30 auction

Sri Lanka's high grown Ceylon teas made gains at the last auction in April, while low growns eased after steep prices ga...

2 min read

Sri Lanka's People's Bank to give agriculture loans of Rs3mn

Sri Lanka's state-run People's Bank will give up to 3.0 million rupees for agriculture and set up 200 cluster villages, ...

2 min read

Sri Lanka transport controls hit fertilizer supplies, military to step in

Sri Lanka's tight controls, transport , permits and price controls which have already hit food supplies and have also hu...

2 min read

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...

2 min read

Sri Lanka expects stronger maize harvest in 2021 amid armyworm

Sri Lanka maize farmers have sown over 96,000 hectares for the main (Maha) 2021 season which can produce up to 385,368 m...

Sri Lanka 2021 main season rice expected at 2.8mn tonnes: Minister

Sri Lanka is expecting a rough rice (paddy) harvest of 2.8 million metric tons of rice in the main 2021 (Maha) cultivati...

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

Sri Lanka sets floor prices for farm-gate paddy

Sri Lanka is to purchase paddy (raw rice) at between 38 to 41 rupees a kilo, as the main Maha season harvests are beginn...

1 min read

Sri Lanka's Bairaha Farms to invest Rs1.3bn to increase production

ECONOMYNEXT – Sri Lankan poultry firm Bairaha Farms said it will spend Rs1.3 billion to increase day old broiler ...

1 min read

Sri Lanka’s DIMO extends market reach with control of seed, fertiliser firms

ECONOMYNEXT – Diesel & Motor Engineering said its acquisition of two firms supplying seeds and chemicals will qui...

2 min read

Sri Lanka coconut production down 18.6-pct in 2017

Sri Lanka's coconut production dropped 18.6 percent to 2.449 million nuts in 2018 amid a drought, from 3.011 million a y...

1 min read

Sri Lanka’s DIMO buys control of seed, fertiliser firms

ECONOMYNEXT – Sri Lanka’s Diesel & Motor Engineering said it has acquired control of two companies which i...

1 min read

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Sri Lanka packeted tea exports fall in January

ECONOMYNEXT – Sri Lanka’s tea export earnings rose sharply in January 2018 from a year ago, as the crop al...

1 min read

Sri Lanka maize output to rise 32-pct in 2018 Maha as rains return

Sri Lanka has raised a maize production forecast for the main Maha cultivation season in 2018 to 243,888 metric tonnes w...

1 min read

Sri Lanka expects 2018 Maha paddy output to rise 57-pct after rains

Sri Lanka is expecting to a paddy output in the main Maha cultivation season to rebound 57 percent from a year earlier t...

1 min read

Sri Lanka’s seafood exports up 42-pct in 2017

ECONOMYNEXT – Earnings from Sri Lanka’s sea food exports rose 42% to US$ 241 million in 2017 from a year a...

2 min read

Sri Lanka cuts state land lease rentals for agriculture

Sri Lanka has cut the lease rentals charged on state land released for commercial agriculture, Lands Minister Gayantha K...

1 min read

Sri Lanka's Agalawatte Plantations returns to profit

ECONOMYNEXT – Sri Lanka’s Agalawatte Plantations, which is carrying heavy losses with the former managemen...

2 min read

Sri Lanka's Hatton Plantations December net profit Rs94mn

ECONOMYNEXT - Sri Lanka's Hatton Plantations, which debuted on the Colombo Stock Exchange last Friday, made a net profit...

2 min read

High coconut prices causes loss at Sri Lanka’s Renuka Agri Foods

ECONOMYNEXT - Renuka Agri Foods, a Sri Lankan manufacturer of coconut-based food and beverage products, slipped into the...

1 min read

Sri Lanka's Watawala Plantations profits slide 58-pct

ECONOMYNEXT - Profits at Sri Lanka's Watawala Plantations fell 58 percent from a year ago to 202.1 million rupees in the...

2 min read

Sri Lanka’s Talawakelle Tea December quarter profit almost doubles

ECONOMYNEXT – Sri Lanka’s Talawakelle Tea Estates said net profit almost doubled to Rs153.6 million in the...

1 min read