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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 ...
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. ...
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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