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- itnnews.lk - Category : Breaking News - Relavancy : 0.3049955

A new programe is being planned to prevent the export of dust tea to the foreign market. Information has surfaced on an organized gang which is engaged in the dispatch of dust tea to the foreign market. Industrialists claim that this is a serious threat to Sri Lanka’s tea industry. Drawing the attention to this ...

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- thesundayleader.lk - Category : Breaking News - Relavancy : 0.20333034

By Chrishanthi Christopher Sri Lanka’s Tea Exporters fear that tea will lose its place as one of the major revenue earners for the country if trade with Iran is abandoned. With Iran out of the market it is reported that for over five weeks the high grown teas are being sold at low prices to ...

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- www.ft.lk - Category : Business - Relavancy : 0.10783219

Ballooning trade gap Even with the multitude of measures taken to curb imports, Sri Lanka's cumulative trade deficit widened to nearly US$ 1.7 billion in the first two months of the year with earnings from exports increasing marginally by 3.3 per cent to US$ 1.8 billion whilst import expenditure shooting by 24.7 per cent to ...

- www.ft.lk - Category : Business - Relavancy : 0.22157411

News reports point to an important decision that the minister concerned has been requested to make on the above subject. If this is correct it is important that we recognise that it is more than a million dollar decision that has been called for. It is so important a decision because it could determine the ...

- www.ft.lk - Category : Business - Relavancy : 0.14377625

By Cheranka Mendis The volatility in Middle Eastern markets, coupled with the increasing issue of low quality due to competition and increasing costs, has placed the local tea industry in a big fix, which could, if unattended, immediately mark the end of a Sri Lankan legacy in four to five years. Despite Sri Lankan tea ...

- thesundayleader.lk - Category : Breaking News - Relavancy : 0.69539005

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

- itnnews.lk - Category : Breaking News - Relavancy : 0.69539005

Sri Lanka’s value added tea export has increased by 58% during the first nine months of the year. The country’s value added tea export percentage was averaging around 30% during the past few years. The Sri Lanka Tea Board said its intention was to increase the exports of value added tea

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- itnnews.lk - Category : Breaking News - Relavancy : 0.834468

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

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