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2012 unlikely to match up to 2011 tea revenue; stakeholders’ voice uncertaintya By Cheranka Mendis The tea industry which brought in revenue of approximately US$ 675 million within the first six months of this year – US$ 50 million below the revenue collected in the same period in 2011 – is likely to fall short ...
- Hub is no hoodoo, says TEA (Category: Business)
- Tackling tea travails (Category: Business)
- Tea exporters want Gota to defeat mafia (Category: Business)
- Industry discusses Ceylon Tea’s ‘ExclusiviTea’ (Category: Business)
Wide publicity has been given to the events unfolding at the Sri Lanka Tourism regarding the resignation of the Chairman from Sri Lanka Tourism Promotion Bureau, Sri Lanka Institute of Tourism and Hotel Management and Sri Lanka Convention Bureau and the performance of the Board of Investment. The media reports have given the impression that ...
- Basil bats for PB (Category: Business)
- BOI Board in limbo (Category: Business)
- Combined publicity blitz for Sri Lanka tourism still not 100% ready (Category: Business)
- Nalaka Godahewa tosses three tourism hats (Category: Business)
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)
Following is the response from Dlimah Tea Director Malik J. Fernando to Willie Weerasekera’s article ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question published last Friday in Daily FT.The writer speaks sense when he says “the million-dollar question is therefore much more than ‘Ceylon Tea’ or ‘tea hub’ – It is: How do ...
- Hub is no hoodoo, says TEA (Category: Business)
- Debate on importation of lower cost tea (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- Govt. pledges to protect ‘Pure Ceylon 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)
The fall of the rupee is likely to bring mixed results for the tea industry, John Keells Plc said last week. It said Sri Lanka’s Rupee fell to a record Rs. 132.20 against the dollar breaking the previous record of Rs. 131.60 on 19 March 2012. “The impact of the devaluation and rising energy ...
- Likely shortfall in global tea crop good omen for prices – John Keells (Category: Business)
- Dwindling tea crop a concern – John Keells (Category: Business)
- Sri Lanka’s October Tea production hits 5 year low (Category: Breaking News)
- Tackling tea travails (Category: Business)
Commodity broker John Keells Plc said yesterday that the global production of black tea was heading towards a shortfall in the first half of 2012 due to the prevailing dry weather in major tea producing countries and this will help stabilise prices at remunerative levels. It said worst ever drought in fifteen years in North ...
- Drought drives up costs for tea sector (Category: Business)
- Rupee fall a mixed bag for tea industry (Category: Business)
- Tea test (Category: Business)
- Sri Lanka’s Low grown tea prices to reach record levels in the near future (Category: Breaking News)
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 ...
- Tackling tea travails (Category: Business)
- Planters’ Association Chief says turbulent times for tea (Category: Business)
- Sector report (Category: Business)
- Tea Industry Divided Over Importing Tea For Blending (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)
At a press briefing held adjunct to the inauguration, Sri Lanka Tea Board Promotions Director Hasitha De Alwis noted that Sri Lanka as a high quality producer does not prioritise on volume. “If you look at value, Sri Lanka despite exporting 300 million kilos and becoming a main exporter
- Leaf Level (Category: Business)
- Cultivating Clones (Category: Business)
- Demand Effect (Category: Business)
- Green Leaf (Category: Business)
The inauguration of the 20th Session of the United Nation’s Food and Agriculture Organization’s (FAO) Inter-Governmental Group on Tea hosted by Sri Lanka was held last night in Colombo. The sessions proper will begin today and go on until 1 February with the participation of delegates from over 25 countries. Hosted by Sri Lanka ...
- Cricket-Swann strikes twice to peg back Sri Lanka (Category: Breaking News)
- Cricket-Sri Lanka 197 v Pakistan 174-1 - 1st test, tea (Category: Breaking News)
- Sri Lanka 197 v Pakistan 174-1 - 1st test, tea (Category: Breaking News)
- Cricket-Sri Lanka v South Africa scoreboard (Category: Breaking News)
The Sri Lanka Tea Board, the apex authority of the tea industry in Sri Lanka, will be hosting the United Nation’s Food and Agriculture Organization’s (FAO) 20th Session of the Inter-Governmental Group (IGG) on tea from 30 January to 1 February 2012 in Colombo. At the 19th session
- UN meeting on tea opens in Colombo (Category: Business)
- Cheers for FAO/IGG (Category: Business)
- Sri Lanka kicks off 20th session of FAO/IGG (Category: Business)
- Plantation Problem (Category: Business)
Sri Lanka tea trade sees gains from Russia WTO entry
By Cheranka Mendis The local tea industry must be prepared to make maximum benefit of Sri Lanka’s biggest market for tea, Russia, entering the World Trade Organisation, Plantation Minister Mahinda Samarasinghe said. Speaking at the award presentation of ‘Ceylon Speciality Estate Tea of the Year’ 2011 Russia held at the Galle Face Hotel, Samarasinghe stated ...
- Hub is no hoodoo, says TEA (Category: Business)
- Govt. pledges to protect ‘Pure Ceylon Tea’ (Category: Business)
- Ceylon Tea aims for niche markets (Category: Business)
- Debate on importation of lower cost tea (Category: Business)
In business the most difficult part is finding, servicing and retaining markets and market share. In exports, this is even more challenging. The ultimate in value addition is brand marketing. The optimum return in global business is achieved by the growth and development of brands. The national economy where the brand is owned has a ...
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Storms brewing in teacups (Category: Business)
By Uditha Jayasinghe Brewed by external demand reductions and local policies, Sri Lanka’s value-added tea exports are declining while bulk shipments are increasing, resulting in a possible drop in earnings, industry experts warned yesterday. Terming the reduction in value-added tea as a “disturbing trend,” Asia Siyaka Commodities said in a review report that Sri Lanka’...
- Syria shock for tea (Category: Business)
- Tea Trials (Category: Business)
- VALUE ADDED TEA EXPORTS ON THE RISE (Category: Breaking News)
- Negative start for tea exports in 2012 (Category: Business)
Industry wants promotions in Russia and Far East to fill vacuum from recession-hit West Demand from Middle Eastern markets, which accounts for 55% of tea exports, is still low, according to a report released by a broker recently. The Lanka Commodity Brokers tea market report noted that demand from Middle Eastern countries for Colombo Tea ...
- Value-added teas in trouble (Category: Business)
- World drinks more tea, FAO predicts strong price (Category: Business)
- Tackling tea travails (Category: Business)
- Tea Makes $ 1.4 Bn (Category: Breaking News)
Exports volume to Middle East up but industry fears danger of price fluctuations towards year endBy Uditha Jayasinghe Brewing with mixed fortunes, tea exports have faced the Middle East unrest well, but future price fluctuations may pose challenges in the short term, say industry experts. Despite the challenges of the ongoing turmoil in the Middle ...
- Negative start for tea exports in 2012 (Category: Business)
- Lanka’s 2012 Jan-July tea exports Rs100 bn: In 2011, it was Rs92 bn (Category: Breaking News)
- Syria shock for tea (Category: Business)
- Akbar Brothers flies Lankan flag high as world’s biggest tea exporter (Category: Business)
Despite crises in most world markets, the Government yesterday remained upbeat on prospects for Sri Lanka’s exports which have grown by 35% so far to reach $ 5 billion giving optimism that end 2011 figure would top $ 10 billion. “On the back of 21% growth in exports in 2010, current year’s exports have grown ...
- Sri Lanka’s future prosperity depends on a vibrant export sector’ – Minister Rishad (Category: Business)
- Seeing business sense (Category: Business)
- Sri Lanka asks exporters to push product quality (Category: Business)
- Buoyed by JEC and Expo ‘12, Bangladesh pushes for more trade with Sri Lanka (Category: Business)
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 ...
- Tourists scheduled to arrive in Sri Lanka from Kazakhstan and Russia (Category: Breaking News)
- G.L. to Russia and Kazakhstan (Category: Breaking News)
- GL off to Russia and Kazakhstan (Category: Business)
- Sri Lanka, Kazakhstan seek to boost bilateral cooperation in many sectors (Category: Breaking News)
Sri Lanka tea exporter to expand in Russia
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 ...
- Leaf Trends (Category: Business)
- Leaf Look (Category: Business)
- Electronic system for Tea Auctions (Category: Breaking News)
- Leaf Level (Category: Business)
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
- Beverage Behaviour (Category: Business)
- Trade Access (Category: Business)
- Russia’s ‘Sebas Tea’ pays all-time high price for Karagoda BOP1 (Category: Business)
- Demand for Sri Lanka tea high (Category: Breaking News)
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 ...
- Cricket-Swann strikes twice to peg back Sri Lanka (Category: Breaking News)
- Cricket-Sri Lanka 197 v Pakistan 174-1 - 1st test, tea (Category: Breaking News)
- Sri Lanka 197 v Pakistan 174-1 - 1st test, tea (Category: Breaking News)
- Cricket-Sri Lanka v South Africa scoreboard (Category: Breaking News)
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 ...
- Cricket-Swann strikes twice to peg back Sri Lanka (Category: Breaking News)
- Cricket-Sri Lanka 197 v Pakistan 174-1 - 1st test, tea (Category: Breaking News)
- Sri Lanka 197 v Pakistan 174-1 - 1st test, tea (Category: Breaking News)
- Cricket-Sri Lanka v South Africa scoreboard (Category: Breaking News)
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 ...
- Leaf Level (Category: Business)
- Cultivating Clones (Category: Business)
- Demand Effect (Category: Business)
- Green Leaf (Category: Business)
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