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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 ...
- Hub is no hoodoo, says TEA (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Do people prefer coffee over tea? (Category: Business)
Seven reasons were touted for the liberalization of the tea industry by Tea Exporters’ Association (TEA) representatives when they met the press on Tuesday. Those were “Ceylon Tea” losing its position in international markets to global brands; blenders moving out from Colombo to new tea hubs such as Dubai due to exorbitant duties charged on ...
- Govt. pledges to protect ‘Pure Ceylon Tea’ (Category: Business)
- More Than A Storm In A TeacuP (Category: Breaking News)
- Debate on importation of lower cost tea (Category: Business)
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 ...
- Storms brewing in teacups (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- SL must become a tea nation, but… (Category: Business)
Industry Has a Bright Future-Analyst By Dinouk Colombage Tea prices at the Colombo auctions have increased after the weakening of the rupee and demand high. “Tea prices have seen an increase due to the rupee devaluation, however, there has been no change to the level of demand,” Oshan de Silva, marketing executive of Forbes and ...
- Tackling tea travails (Category: Business)
- Local tea industry in a fix (Category: Business)
- 20% Rupee Dip & Its Impact (Category: Breaking News)
- Tea Industry Divided Over Importing Tea For Blending (Category: Breaking News)
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. ...
- JANUARY TEA OUTPUT INCREASES (Category: Breaking News)
- Commodity Boom (Category: Business)
- World drinks more tea, FAO predicts strong price (Category: Business)
- 2011 tea exports a record in dollar terms too (Category: Business)
Colombo (ICRC): The International Committee of the Red Cross (ICRC) has purchased 118 tonnes of locally-grown tea in Sri Lanka and shipped it to Jordan and Pakistan for distribution to internally displaced persons (IDPs) and resident populations affected by armed conflict and internal violence. ...
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