An Echelon Media Company
Wednesday June 19th, 2024

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,”

May 14, 2024 1 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

Sri Lanka tea exports up 11-pct in Nov 2023 amid production dip

Export earnings total $1.19bn up to November

December 23, 2023 1 min read

Sri Lanka’s Tea production down by 3.2 percent in November

Output for the 11 months was up from last year, industry data showed.

Nethmi Rajawasam
December 21, 2023 1 min read
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Sri Lanka tea exports down 4.1-pct in October

US dollar values still up

November 24, 2023 1 min read

High density cultivation system to increase tea yield by five times: Minister

Amaraweera promotes high-density tea cultivation system and use of new technology to increase yields.

Apsara Rodrigo
November 20, 2023 2 min read

India will send Teacher Trainers to improve education among upcountry Tamils – Indian FM

India reemphasizes it commitment to IOTs in Sri Lanka.

November 2, 2023 2 min read

Sri Lanka smallholder tea growers still find fertiliser expensive 

Small holders were also offered an interest free loan to help apply fertilizer.

Nethmi Rajawasam
September 25, 2023 1 min read

Sri Lanka tea export revenues down 3.8-pct in August

Tea export revenues fell 3.8 percent to 119.63 million US dollars in Aug 2023 from 124.4 mn US dollars a year ago

September 25, 2023 1 min read

Sri Lanka tea export revenues slightly down in July

 Sri Lanka exported 22.7 million kilograms of tea in July, down marginally from 44.7 million kilograms last year.

August 24, 2023 2 min read

Sri Lanka motorists pay Rs.50 tax for Indian credit line, local tea producers on Iran dues

The tax was 25 rupees per liter in June and has now been increased to 50 rupees from this month - minister 

July 4, 2023 2 min read

Sri Lanka Mid Growns tea prices up, High Growns down at weekly auction

Total auction volume declined to 5.7 million kilos from the last week 6.4 million kilograms.

July 2, 2023 2 min read

Sri Lanka develops new tea plucking machine

In 2020 a machine was developed to pluck selected tea leaves.

June 28, 2023 2 min read

Sri Lanka's Ceylon Tea Wine to hit market soon

There is a big demand for Ceylon Tea and there will be a big demand for Ceylon Tea Wine.

Apsara Rodrigo
June 26, 2023 1 min read