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Friday November 13th, 2026
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Sri Lanka RPCs to pay Rs.1,000 daily wage on higher productivity, trade unions yet to agree

Sri Lanka's regional plantation companies (RPCs) have agreed to pay its labourers a 1,000 rupee daily wage, in return fo...

March 17, 2020 3 min read

Sri Lanka plantation wage hike still under discussion: minister

The decision to raise the daily wage of plantation workers to 1000 rupees per day is still under discussion, the Ministe...

February 6, 2020 2 min read

Sri Lanka plantation stocks battered after wage decree

Plantation stock prices in Sri Lanka were hammered following the government's decision to increase the minimum wage of e...

January 16, 2020 2 min read

Sri Lanka plantations could cover wage hike with economic relief package: Minister

Sri Lanka's plantations firms will be given benefits in the form of free fertilizer, tax cuts and credit support, which ...

January 15, 2020 3 min read
Sri Lanka's High and Low grown teas gain in first-week auction

“The 1st sale of the year got off to a good start with prices for almost all types of teas appreciating in value."

Sri Lanka high mid grown teas ease, low growns gain

Ceylon tea prices gained steeply in 2022, after the rupee fell.

Sri Lanka tea trade restive over idle Rs5bn marketing fund

COLOMBO (EconomyNext) – Sri Lanka’s tea exporters are unhappy over a five billion rupee fund raised from a...

Rohan Gunasekera
June 27, 2015 1 min read

Loss-making Sri Lanka plantations companies supported by parent firms

COLOMBO (EconomyNext) – The collapse in commodity prices have cause such severe losses at Sri Lanka’s reg...

Rohan Gunasekera
June 26, 2015 1 min read

Sri Lanka tax-payer to give subsidized credit to tea factories

COLOMBO (EconomyNext) - Sri Lanka's will subsidized credit to tea factories for working capital after global tea prices ...

June 26, 2015 1 min read

Sri Lanka plantations losses too high for wage hike without more productivity

COLOMBO (EconomyNext) – Sri Lanka’s regional plantation companies say their losses from the collapse in co...

Rohan Gunasekera
June 25, 2015 2 min read

Sri Lanka tea crop recovers as global production falls

COLOMBO (EconomyNext) –Sri Lanka’s tea production has recovered this year and the island is the only major...

June 17, 2015 1 min read

Sri Lanka targets China pepper market

COLOMBO (EconomyNext) –Sri Lanka is aiming to penetrate the pepper market in China whose demand is expected to gr...

June 16, 2015 2 min read

Sri Lanka to introduce organic certification

COLOMBO (EconomyNext) – Sri Lanka’s national accreditation body is to introduce organic certification in t...

June 15, 2015 1 min read

Sri Lankan tea prices recover

COLOMBO (EconomyNext) –Sri Lankan tea prices recovered at this week’s Colombo auctions as quality improved...

June 11, 2015 2 min read

Sri Lanka’s Hayleys to start instant tea manufacturing

COLOMBO (EconomyNext) –Sri Lanka’s Hayleys group plans to start commercial manufacturing of instant tea fr...

June 10, 2015 2 min read

Sri Lanka tea auction prices continue slide

COLOMBO (EconomyNext) - Sri Lanka tea prices fell for fifth straight month at the Colombo auctions in May with low grown...

June 5, 2015 1 min read
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Latest Last
US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
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Turnover Rs 2975.05 million 1193.67 million
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today yesterday
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Sri Lanka's Watawala Plantations helped by palm oil gains

COLOMBO (EconomyNext) – Sri Lanka's Watawala Plantations said it ended the March quarter with a loss of 1.19 mill...

May 25, 2015 2 min read

Sri Lanka’s Malwatte Valley Plantations makes Rs59mn loss in March 2015 quarter

COLOMBO (EconomyNext) – Sri Lanka’s Malwatte Valley Plantations suffered a loss of 59 million rupees in th...

May 22, 2015 1 min read

Sri Lankan value-added tea exports continue to fall

COLOMBO (EconomyNext) – Sri Lankan tea exports earnings fell for the fourth straight month in April from a year a...

May 21, 2015 1 min read

Sri Lanka Horana Plantations March net profit Rs34mn

COLOMBO (EconomyNext) – Sri Lanka’s Horana Plantations plc said March 2015 quarter net profit was 34 milli...

May 20, 2015 2 min read

Sri Lanka tea industry appeals for higher labour productivity to offset losses

COLOMBO (EconomyNext) –Sri Lanka’s tea plantations industry said current losses suffered because average s...

May 19, 2015 2 min read

Sri Lanka’s Balangoda Plantations makes Rs102mn loss in March 2015 quarter

COLOMBO (EconomyNext) – Lower tea and rubber prices have taken their toll on Sri Lanka’s Balangoda Plantat...

May 13, 2015 1 min read

Finlays Colombo March net up 22-pct

COLOMBO (EconomyNext) – Finlays Colombo’s net profit rose 22 percent to 100 million rupees in the March 20...

May 13, 2015 1 min read

Sri Lanka begins building homes for estate workers

COLOMBO (EconomyNext) – The Sri Lankan government has begun building homes for hill-country tea estate workers at...

May 5, 2015 2 min read

Sri Lanka tea markets seen too concentrated, threatened by weaker oil prices

COLOMBO (EconomyNext) – Sri Lanka’s Central Bank has warned that a further fall in oil prices and the Ru...

April 30, 2015 2 min read

Sri Lanka’s Merrill Fernando gets 2015 Business for Peace award

COLOMBO (EconomyNext) –Merrill J. Fernando, founder of Dilmah, one of Sri Lanka’s best known tea brands, i...

April 30, 2015 2 min read
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