An Echelon Media Company
Tuesday July 23rd, 2024

Sri Lanka minister, banks discuss loans for estate community

“…They are to utilize this land as collateral not just for housing but for their children’s education

July 18, 2024 2 min read

Sri Lanka to create villages, provide land for 176,000 families living in plantations

Giving land expected to require around 4,777 hectares

July 14, 2024 3 min read

Sri Lanka tea plantation female workers overlooked for promotions: Minister

Less than qualified men are in management positions, because they know how to order people around

June 13, 2024 2 min read

Sri Lanka plantations to battle state directed wage hike in courts

May hurt the ability to service bank loans

June 13, 2024 3 min read

Sri Lanka's Aitken Spence Plantation Managements to delist from CSE

The exit offer price is 240 rupees per share

May 29, 2024 2 min read

Sri Lanka merger of Ceylon Fertilizer, Colombo Commercial Fertilizer offers VRS scheme

Voluntary retirement scheme to be offered to 267 employees at a cost of 844 million rupees during the amalgamation

May 28, 2024 1 min read

Sri Lanka tea production down 15-pct in April over scorching sun

Medium growns fell from 4.51 to 3.55 and low growns fell to 13.32 from 14.92 million kilograms

May 26, 2024 1 min read

Ex-forces personnel being hired as estate managers a problem: Sri Lanka Minister

“What they do is for private estates, they will get a retired person from the army or the Police,”

Apsara Rodrigo
May 14, 2024 1 min read

Sri Lanka expert panel reviews RPC land lease; Minister demands action

RPCs are already brought under Finance Ministry by President Wickremesinghe

May 13, 2024 2 min read

Sri Lanka tea prices rise for third straight week

However prices were down from March highs

Nethmi Rajawasam
May 12, 2024 1 min read

Sri Lanka plantation companies benefitted from weak rupee, labourers did not: Minister

"RPCs benefitted from weakening of the rupee that gave them an over 80% increase in rupee revenue in 2023 vs 2021"

May 6, 2024 1 min read

Sri Lanka plantations stocks hammered after wage hike gazette

Plantation workers will have to be paid 1350 rupees a day, there will be a ‘daily special allowance’ of 350 rupees

May 2, 2024 1 min read

Sri Lanka President announces record wage hike for privatized plantation workers

Plantation workers have been protesting for higher wages since 2018

May 1, 2024 2 min read

Sri Lanka to pay Rs 5 Bn in pending EPF, ETF to state plantation workers

"A cabinet paper will be submitted this Monday to pay this entire amount by the government this year," he said.

April 29, 2024 2 min read
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Sri Lanka’s Ceylon tea exports increase in March

Total quantity of tea exported including re-exports with imported tea amounted to 21.25 million kilos.

April 27, 2024 1 min read

Sri Lanka's Ceylon tea prices fall for third week

US dollar prices also fell in the previous week

Nethmi Rajawasam
April 7, 2024 2 min read

Sri Lanka tea production up 6.7-pct in Feb 2024, exports up 20-pct

Export earnings were reported at 127 million US dollars

March 22, 2024 1 min read

Sri Lanka low grown teas ease at auction, high growns up

Prices have gained from an average of $3.66 kilo seen at the last auction in December to $4.47 by March

Nethmi Rajawasam
March 10, 2024 3 min read

India begins construction of 1,300 houses for Sri Lanka plantation workers

Housing project financed by the Government of India to construct 10,000 houses for plantation sector workers.

February 19, 2024 2 min read

Sri Lanka tea prices fall across elevations

Tea prices ease after 7 weeks of gains

Nethmi Rajawasam
January 20, 2024 2 min read

Sri Lanka tea production up 1.3-pct in 2023, exports down

Tea exports were down by 8.2 million kilos to 241.9 million in 2023

Nethmi Rajawasam
January 18, 2024 1 min read

Sri Lanka tea prices down 18-pct in 2023

In US dollar terms, average tea prices fell to 3.63 a kilo, or down 9.25 percent.

Nethmi Rajawasam
January 14, 2024 1 min read

Colombo Commercial Fertilizers, Ceylon Fertilizer Co to provide tea plantations at subsidized rate

Gov to provide fertilizer for tea plantations through state-owned Colombo Commercial Fertilizers and Ceylon Fertilizer

Apsara Rodrigo
January 4, 2024 1 min read

65-75 pct of tea industry cost is min wage based labour cost: Sri Lanka think tank

This contributes significantly to the cost of production of Sri Lanka’s tea industry.

Nethmi Rajawasam
December 28, 2023 2 min read
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