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 ...
- Local tea industry in a fix (Category: Business)
- Sri Lanka to import 340,000 tonnes of diesel urgently for power generation (Category: Breaking News)
- Electricity tariffs to go up by 75 percent (Category: Breaking News)
- Sri Lankan tea production drops (Category: Breaking News)
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
- No change in Sri Lanka's tea exports to Iran (Category: Breaking News)
- No change in Sri Lanka's tea exports to Iran despite US exemption (Category: Breaking News)
- Crisis in the Middle East jolts tea industry – Minister (Category: Business)
- Feb. tea output slips marginally (Category: Business)
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.
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