Notable
However the total export earnings were up 49.84 percent in March 2023 to 110.1 million US dollars
Sri Lanka’s High, Medium and Low Growns prices were down at an auction on April 19, following the New Year holidays
In the first quarter production was down 7.2 percent to 58.52 million kilos
The weekly sale average fell to 1262.40 rupees from 1271.38 rupees a week ago,
Export earnings were reported at 127 million US dollars
Prices have gained from an average of $3.66 kilo seen at the last auction in December to $4.47 by March
Sri Lanka’s high grown Ceylon teas saw dips in price in the first week of May amid quality drops lower foreign demand ...
Sri Lanka's Sunshine Holdings has boosted its stake in a branded tea company and trimmed the group interest in oil palm ...
Sri Lanka commercial tea plantations which have thousands of workers per farm said they were operating with tight health...
Sri Lanka's tea prices rose sharply at an auction held amid Coroanvirus curfews with a falling rupee, strong demand from...
Sri Lanka's regional plantation companies (RPCs) have agreed to pay its labourers a 1,000 rupee daily wage, in return fo...
The decision to raise the daily wage of plantation workers to 1000 rupees per day is still under discussion, the Ministe...
Plantation stock prices in Sri Lanka were hammered following the government's decision to increase the minimum wage of e...
Sri Lanka's plantations firms will be given benefits in the form of free fertilizer, tax cuts and credit support, which ...
In a humming factory in Kenya's highlands, tea is hand-plucked from the fields, cured and shredded into the fine leaves ...
Sri Lanka's cabinet in principle has agreed to provide debt relief to tea factory owners, co-cabinet spokesperson Ramesh...
| Latest | Last | |
|---|---|---|
| US Dollar | 332.5018 | 332.3603 |
| UK Pound | 440.0661 | 440.9424 |
| Euro | 367.7137 | 368.4879 |
| Yen | 2.0793 | 2.0805 |
| Aus Dollar | 226.4670 | 227.4342 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5357 | 3.5474 |
| Korean Won | 0.2494 | 0.2492 |
| Oman Rial | 863.5962 | 863.2287 |
| Saudi Riyal | 88.5939 | 88.5586 |
| UAE Dirham | 90.5259 | 90.4874 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,293.72 | -1.13% |
| CSE All Share | 22,024.18 | -0.60% |
| Turnover Rs | 3232.70 million | 2975.05 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Sri Lankan tea exporters are facing new hurdles in the form of tough tests for chemical residues in markets like Germany...
Tea Smallholder Factories, which makes black tea from leaves bought from Sri Lankan small farmers, said losses narrowed ...
Tea Smallholder Factories Plc, a unit of John Keells Holdings had been recognized as the top producer of CTC tea (crush ...
Improved use of its warehousing, which was doubled in recent years, has helped Sri Lanka’s Asia Siyaka Commodities off...
Sri Lanka is targeting 3.5 billion US dollars in foreign exchange and 350 million kilogrammes of tea production by 2030,...
Errant Regional Plantation Companies (RPCs) in Sri Lanka need to be punished under new reforms to be brought in the futu...
Sri Lanka's Plantations Industries Minister Navin Dissanayake has threatened to expose a Provincial Governor who is pres...
Sri Lanka will give one billion rupees a year to tea farms from a levy charged on exports, to fund help fund old tea bus...
ECONOMYNEXT – Sri Lanka’s Cabinet of ministers has approved a proposal by the Plantation Industries Minist...
ECONOMYNEXT – Sri Lanka’s government is willing to consider extending leases of plantations to private man...
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
4 min read