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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)
Expo 2012 promoted to national event as catalyst to reach US$ 15 b in exports by 2015 Powerful Cabinet committee appointed; over 1,000 delegates from 30 countries expected Five international road shows done in 2011 as pre-publicity Offers from EU and S. Asian countries to be exhibitors Sri Lanka’s first international export show, which is ...
- Over 55 tour agents, 50 international journalists for Expo 2012 (Category: Business)
- Expo 2012 garners $ 66,000 worth global orders (Category: Business)
- Sri Lanka’s future prosperity depends on a vibrant export sector’ – Minister Rishad (Category: Business)
- Sri Lanka to participate actively in ‘Indiallia 2012’ B2B forum in April (Category: Business)
Ray Wijewardene (1924-2010) was a true Renaissance Man. An alumnus of Cambridge and Harvard Universities and a former Chancellor of Moratuwa University, Ray excelled in many different areas of human endeavor: agriculture, aviation, engineering design, inventions, renewable energy technologies and water sports. A Fellow of the Sri Lanka National Academy of Sciences and the Institution ...
- ‘The Ray’ award to commercialise Sri Lankan inventions (Category: Business)
- Biennial ‘Ray Award’ to commercialise Sri Lankan inventions (Category: Business)
- A hive of ideas (Category: Business)
Proposal: 1. Encouraging export industries Devaluation of Sri Lanka Rupee by 3%. Impact: The Sri Lanka Rupee has been appreciating vis-à-vis the competitor countries eroding the competitiveness of our exports. Therefore, the proposed 3% devaluation of the local currency is an encouraging step towards generating more export revenue and maintaining the competitive edge of our ...
- ‘‘Most SME-friendly budget Sri Lanka has seen in recent times’’– Rishad (Category: Business)
- Sri Lanka Budget 2012: Growth in focus (Category: Business)
- Getting ready for Rio+20… industry-led (Category: Business)
- 2012 Budget in focus (Category: Business)
Last week I was tasked with the responsibility of being a speaker at a Global Coffee and Tea Convention and with much pride announced to the international foray that Sri Lanka had progressed in the world competitiveness rankings from 79 two years back (2009) to be a top 52 country in the world today as ...
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Lipton launches lavish range of flavoured teas (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- Storms brewing in teacups (Category: Business)
MJF Group Director Operations Malik J. Fernando has called for a Master Plan for the plantation sector. In a press statement issued this week, Fernando says an industry-wide Master Plan is required for Sri Lanka’s 150-year-old plantation industry to realign itself with internal and external changes and to remain competitive. “We need to develop a ...
- Tackling tea travails (Category: Business)
- Local tea industry in a fix (Category: Business)
- Tea tales (Category: Business)
- Government happy with plantation, more support projects on the way (Category: Business)
The Middle Eastern Tea and Coffee Convention that integrates all aspects of coffee and tea under one roof will take place at the Meydan Hotel, Dubai, UAE from 3 to 5 November. The event will feature some of the best names in the world such as Sunalini Menon the Founder and Managing Director of Coffeelab ...
- Leaf Rivalry (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- Tea Board & SLSI develop national standard for Tea (Category: Breaking News)
- A daily cup of tea, for a healthy heart and body (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)
The annual “IFTM TOP RESA” (International French Travel Market) was held in Paris with the participation of more than 1200 companies, including several Chief Executives from well established travel companies in Sri Lanka. Sri Lanka’s participation was facilitated by the Embassy of Sri Lanka in France in collaboration with the Sri Lanka Tourism Promotion ...
- CIM Sri Lanka Region celebrates 100 years of marketing excellence (Category: Business)
- Highest international Twenty20 scores (Category: Business)
- Sino-Lanka Bilateral Trade (Category: Business)
- Economic outlook (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)
On 28 July, the Ministry of Foreign Affairs of Japan announced the list of recipients for the Foreign Minister’s Commendation for the fiscal year 2011. The Foreign Minister’s Commendations are awarded to individuals and groups for their outstanding achievements in international fields, to acknowledge their contribution to the promotion of friendship between Japan and other ...
- Lankans among Japanese Foreign Minister’s Commendations (Category: Breaking News)
- Japanese FM Kamikawa due here (Category: Breaking News)
- Japan ready to play leading role with creditors to restructure Sri Lanka s debt  Japanese FM (Category: Breaking News)
- Japanese foreign minister to arrive in Sri Lanka tonight (Category: Breaking News)
Plantation Minister Mahinda Samarasinghe told Parliament yesterday that the current crisis in the Middle East has had an adverse impact on the country’s tea industry. According to the Minister, the crisis in Syria, Libya and the economic sanctions on Iran has had a negative impact on Sri Lanka’s tea exports. However, Samarasinghe has added that ...
- Russia’s ‘Sebas Tea’ pays all-time high price for Karagoda BOP1 (Category: Business)
- VALUE ADDED TEA EXPORTS ON THE RISE (Category: Breaking News)
- Decline In Tea Production Raises Concern (Category: Breaking News)
- Guinness world record for largest cup of tea. (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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