President Rajapaksa who is attending the 66th session of the UN General Assembly has held talks with several world leaders. The progress achieved by Sri Lanka since the elimination of terrorism from the island earned plaudits of the world leaders. The President yesterday had bilateral discussions with leaders of Slovenia, Kyrgyzstan and Nigeria. The President ...

Sept 11, Colombo: Eleven out of 21 major tea plantation companies of Sri Lanka have reportedly incurring heavy losses for a number of years.

Aug 24, Colombo: Plantation Minister of Sri Lanka Mahinda Samarasinghe says that the current crisis in the Middle East has an adverse impact on the country's tea industry.

Sri Lankan and Kazakhstan President’s have discussed further expanding trade ties between the two countries. President Rajapaksa and Kazakhstan President Nursultan Nazarbayev held bilateral discussions at the Special Official residence for State Leaders in Saint Petersburg in Russia. Agreement was reached to develop trade ties in many fields. Kazakhstan already purchases a large amount of ...

Demand for Sri Lanka tea is expected to increase by 10 percent in 2011.An official of the Sri Lanka Tea Board said that a boom in world tea exports continue, with a 10 percent increase in volume fuelled by the world economic recovery.

Sri Lanka Tea Council’s (SLTC) new Chairman Merrill J Fernando yesterday implored the government and all industry stakeholders to formulate a 10- year sustainable plan to take the world famous Ceylon Tea to its pristine glory.

Tea sold at the Colombo Tea Auction during the 1st quarter of this year has recorded the highest ever national average, thus reaching a price of 393 rupees and 90 cents per kilogram. Previous best price stood at 382 rupees and 90 cents.

Tea export earnings increased by 16.1% to US$ 1,375 million last year due to both increased volumes and high prices. Ceylon tea continued to fetch the highest prices in the major auction centres of the world last year mainly due to the fine quality of Ceylon tea and the high international demand for orthodox tea. ...

The Sri Lanka Tea Exporters' Association handed over 03 million bags of tea worth US$ 60,000 to President Mahinda Rajapaksa today (21) to be sent to  tsunami-stricken  Japan.

The Sri Lanka Tea Exporters' Association handed over 03 million bags of tea worth US$ 60,000 to President Mahinda Rajapaksa today (21) to be sent to  tsunami-stricken  Japan.

Sri Lanka will dispatch three million packets of tea for the affected people in Japan.   The stock of tea is worth 60,000 US dollars. It was donated by the Sri Lanka Tea Exporters Association. Several packs were presented to the President today at the Temple Trees to symbolize the occasion

Sri Lanka will dispatch three million packets of tea for the affected people in Japan.   The stock of tea is worth 60,000 US dollars. It was donated by the Sri Lanka Tea Exporters Association. Several packs were presented to the President today at the Temple Trees to symbolize the occasion

Mar 21, Colombo: The Sri Lanka Tea Exporters' Association handed over 3 million tea bags worth US$ 60,000 to President Mahinda Rajapaksa today (21) to be sent to the tsunami-stricken people of Japan.

Mar 21, Colombo: The Sri Lanka Tea Exporters' Association handed over 3 million tea bags worth US$ 60,000 to President Mahinda Rajapaksa today (21) to be sent to the tsunami-stricken people of Japan.

The demand for Sri Lanka tea in the world market has increased. The Minister of Plantation Industries says that there is a special demand for local tea in Russia. Minister Mahinda Samarasinghe pointed out that it was only in 2010 that Sri Lanka had exported the largest quantity of tea. He claimed that he highest ...

Jan 22, Colombo: Sri Lanka's tea production has risen 13.1 percent this year over last year's output to hit a record high in 2010, statistics from the Sri Lanka Tea Board showed.

Sri Lanka, one of the world's biggest producers of black tea, reported Saturday that output hit a record high in 2010, helped by good weather.

A higher demand prevails for Sri Lanka tea in Russia. Minister Mahinda Samarasinghe has said that tea export activities will be further expanded. The Minister expressed these views when he met with representatives of large scale tea distributors in Russia. Three million kilograms of tea

Production of tea and the export of the commodity have registered new record levels. Director General of the Sri Lanka Tea Board H.D. Hemaratne said the highest tea production in the past few years was recorded in 2010. 315 million kilogrammes of tea were produced during the year. The Tea Board

The Plantations Company has said that there was a high demand for Sri Lankan tea at this month’s auction. The total stock exchanged in the market was 6.1 million kilograms. There was a maximum price for the BOP variety. At the beginning it increased between 10 and 20 rupees, and according to the company, prices ...

Colombo, Dec 21 (PTI) Sri Lanka's tea output in the first 11 months of this year crossed 300 million kilos though production fell marginally during the month of November, the official Ceylon Tea Board said today.

Sri Lanka’s tea industry is set to achieve 3 records during this year. According to a leading Tea Broker, the local tea industry will achieve the highest production levels, the highest export earnings and also the highest “net sale average” during this year 2010. Earnings from the export of tea are expected to reach 1.5 ...

Sri Lanka’s tea production is expected to hit a new high this year, exceeding 320 million kilos despite recent shortfalls owing to bad weather. Prices are also remain at record levels. The average tea price at the Colombo auctions up to end-November of 369.38 rupees a kilo was the highest ever, and almost 10 rupees ...

The Iraqi Trade Minister has pledged to expand the market in his country for Sri Lanka tea. This assurance was given when the Iraqi Minister Dr. Safaldeen Mohamed Abdul Hakeem Alshafi called on Minister Mahinda Samarasinghe. The visiting Minister requested the Minister to directly export Sri Lanka

Arrangements are underway to increase the export of tea up to 350 million kilo grammes annually. Support of Tea smallholders. The information came to light at a meeting held by the Ratnapura Branch of the Sri Lanka Tea Research Institute to solve the problems faced by Tea Small Holders. The Tea

Sri Lanka and Iran agree to expand trade ties. The discussions between the leaders of the two countries have yielded many benefits. The meeting between President Rajapaksa and his Iranian counterpart Mahmoud Ahmadinejad took place yesterday. The President’s economic policy with a new vision promoting cooperation between various communities with the end of terrorism earned ...

Sri Lanka is expected to earn a record 1.4 billion dollars from its tea exports this year.Tea, Sri Lanka's...

Sri Lanka is expected to earn a record 1.4 billion dollars from its tea exports this year thanks to a bumper crop, an official said Thursday. Tea, Sri Lanka’s biggest cash crop, earned 71.3 billion rupees (635 million dollars) in the first six months of 2010 compared with 58.2 billion rupees in the corresponding period last year. .

COLOMBO (AFP) - Sri Lanka is expected to earn a record 1.4 billion dollars from its tea exports this year thanks to a bumper crop, an official said Thursday.

An Electronic System is to be introduced in Sri Lankan Tea Auctions. This was revealed by Minister of Plantation Industries Mahinda Samarasinghe. Taking part in an inspection tour at the Sri Lanka Tea Auction at Nawam Mawatha today, the Minister opined that the Government has launched