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

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 ...

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 ...

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

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 ...

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 ...

Sri Lanka is on track for a record tea crop. Sri Lanka, one of the world’s biggest black tea exporters, produced nearly 30 percent more tea in the first half of the year. Tea is Sri Lanka’s biggest cash crop and is sold in overseas markets as “Pure Ceylon Tea”. The industry suffered a setback ...