Iranian tea importers had offered to double the quantity of tea they buy from Sri Lanka under the Iranian tea-for-oil barter mechanism from its current USD five million to US 10 million during the winter months – December to March -Niraj de Mel, President of the Sri Lanka Tea Board (SLTB

The Committee on Public Enterprises (COPE), on Tuesday (19), instructed the Sri Lanka Tea Board to submit a report within three months detailing the outcomes of all the money they spend on promoting tea. Chairman of COPE, Prof. Ranjith Bandara made this directive when it was revealed that the Tea

Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a key market and protect its forex reserves.

The sharp increase in lending rates is a major cost to the industry

We must first set ensure that politics is led by economics and science, and not the other way around.

Promises inputs amid soft-peg crisis

The South Asian region is deeply divided in response to Russia’s invasion of Ukraine

It is necessary that the policymakers do not make the mistake of not listening to the experts in the industry

By Elmo Leonard Sri Lanka’s mid-February dual hike of diesel by 37 percent and electricity for industry by 15 percent sent shock waves through the gamut of the island’s tea industry. As Sri Lanka celebrates 145 years of commercial tea plantations this year, the government’s boast is that the industry sustains 2 million of its population, directly and indirectly. The brag was echoed by Minister of ...

Thousands of jobs at risk By Indika Sri Aravinda The  tea industry, the country’s second largest net foreign exchange earner is facing a potential crisis as a result of the economic sanctions imposed on Iran by the US government, the Sri Lanka Tea Board said. Tea Board Chairperson Janaki Kuruppu

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.

Mar 24, Colombo: The Sri Lanka Tea Board (SLTB) statistics have revealed that the country's tea production in February has recovered from the effects of drought and economic crisis experienced in 2009.