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Monday December 5th, 2022

Sri Lanka aflatoxin fears rise as money printing trigger maize speculation

Sri Lanka's maize prices have soared and fears of aflatoxin in poultry feed are growing as businesses newly displaced by...

April 21, 2021 2 min read

Sri Lanka plantations call for priority worker vaccinations

Sri Lanka's commercial plantations producing tea and rubber has called for fast-track vaccination of their workers on wh...

April 21, 2021 1 min read

Sri Lanka chicken prices spike, day-old-chicks soar to new heights

Sri Lanka's fresh chicken prices have soared as a combination of state controls and Coronavirus impact hit the sector, w...

April 20, 2021 3 min read

Sri Lanka food, shampoo firms hit by midnight 'regime uncertainty' as palm oil banned

Sri Lanka firms producing a range of foods and personal care items would be hit by a palm oil ban, in addition to public...

April 7, 2021 2 min read
Sri Lanka tea in crisis as diesel shortage hit transport, factories

Similarly, Buyers/Exporters are affected by the lack of fuel and electricity, unable to process

Sri Lanka livestock face malnutrition after money printing

Feed and medicine shortages are worsening and prices are rising

Sri Lanka’s agriculture production improves, paddy rebounds

ECONOMYNEXT - Sri Lanka’s agriculture sector saw double-digit growth in the first half of 2018 from a year ago, w...

November 8, 2018 2 min read

Sri Lankan govt intervenes in estate worker pay hike deadlock

ECONOMYNEXT - Sri Lanka's newly appointed Cabinet has asked the finance ministry to find a solution to estate worker dem...

November 7, 2018 1 min read

Sri Lanka complains to Russia over multi origin tea sold as ‘Ceylon tea’

ECONOMYNEXT - The Russian government is allowing any product with 50 percent of Sri Lankan grown tea to be labelled as ...

November 5, 2018 1 min read

Sri Lanka to give interest subsidies, guaranteed prices to farmers

ECONOMYNEXT – Sri Lanka’s Ministry of Finance and Economic Affairs said it would introduce guaranteed pric...

November 1, 2018 2 min read

Sri Lanka plantation industry says wage model unsustainable

ECONOMYNEXT – Sri Lanka’s 150-year-old plantations industry model, where resident workers are paid daily w...

October 26, 2018 3 min read

Sri Lanka tea estate wage talks deadlocked

ECONOMYNEXT – Talks between Sri Lanka’s regional plantations companies and estate labour unions to raise w...

October 25, 2018 4 min read

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...

October 3, 2018 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...

October 2, 2018 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...

October 1, 2018 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...

October 1, 2018 2 min read
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US Dollar 371.7757 371.7599
UK Pound 442.7119 438.8584
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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...

September 21, 2018 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...

September 17, 2018 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...

September 12, 2018 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...

September 7, 2018 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 ...

September 5, 2018 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...

September 4, 2018 2 min read

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...

September 3, 2018 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...

September 3, 2018 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...

August 31, 2018 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...

August 30, 2018 3 min read