Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (24)
Narrow by Category
- Business (20)
- Breaking News (4)
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)
Reuters: Sri Lanka now expects 2012 tea production of around 325 million kg, below its target of 330 million kg, as output has fallen in the last five months due to drought, the State-run Tea Board said. Tea production in the first half of the year fell 4.3 per cent year-on-year to 163.26 million kg ...
- JANUARY TEA OUTPUT INCREASES (Category: Breaking News)
- Kenya tea exports up 10% in first quarter (Category: Business)
- January tea output up 6% (Category: Business)
- July tea output down 11.5% (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)
Sri Lanka’s top policy administrator, Dr. P.B. Jayasundera, popularly known by the initials of his name PB, is reported to have proclaimed that Sri Lanka should stop altogether the importation of tea from abroad for blending purposes for it would tarnish the reputation which the country has earned for centuries as the best tea producer ...
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Ceylon Tea: To blend or not to blend? (Category: Business)
- Coca-Cola launches ‘Minute Maid Apple’ flavour (Category: Business)
- Hub is no hoodoo, says 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)
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)
Reuters: Sri Lanka's tea production edged down 0.6 percent in February due to high base in the same month last year, the state-run tea board said on Wednesday. Sri Lanka's February tea output was 21.98 million kg compared to 22.13 million kg in February 2011. The production in the first two months has increased 4.7 ...
- Tea Fetches Rs. 85. Bn. (Category: Breaking News)
- Record tea crop in November (Category: Business)
- July tea output down 11.5% (Category: Business)
- Tea crop forecast cut (Category: Business)
Industry calls for higher productivity, new market development to ride out uncertainties Tea industry stakeholders say the industry needs to urgently improve productivity and generate new markets, as volatility in major Middle Eastern markets continue to dampen tea export earnings. While there is strong demand for tea in global markets, price increases for Ceylon ...
- Local tea industry in a fix (Category: Business)
- Tea smallholders raise sustainability concerns (Category: Business)
- Closing on $ 5 b tea exports by 2020 doubtful: Industry (Category: Business)
- MJF rings alarm bell on future of tea industry (Category: Business)
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)
Reuters: Sri Lanka’s tea production rose a slight six per cent in January compared to the same month a year ago, when output was especially low, the State-run Tea Board said on Tuesday. January tea output was 22.41 million kg compared to 21.14 million kg in January 2011. “This is the normal output. The increase ...
- JANUARY TEA OUTPUT INCREASES (Category: Breaking News)
- March tea output falls on bad weather (Category: Business)
- Kenya tea exports up 10% in first quarter (Category: Business)
- Tea crop forecast cut (Category: Business)
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)
In the backdrop of the uncertain conditions that exists in some of Sri Lanka’s key tea exports destinations, attempting to analyse market prospects could have a strong element of ‘crystal ball’ gazing. Nevertheless, a logical approach would be to analyse the past performance of the industry and equate it to supply/demand scenarios that are likely ...
- Brokers mixed over tea industry’s prospects in 2012 (Category: Business)
- Sri Lanka secures direct access to fifth largest global buyer of Pure Ceylon Tea (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- Tackling tea travails (Category: Business)
The year 2011 commenced in the backdrop of many milestones that were achieved in 2010. If we are to analyse the events that unfolded during the first quarter of 2011 in retrospect and review the performance of the tea industry, it would give a great deal of relief and satisfaction. The Colombo auction in January ...
- Tea test (Category: Business)
- Tea exports value sets record in 2011 (Category: Business)
- November tea exports higher than 2010 (Category: Business)
- Trying time for tea (Category: Business)
By Cheranka Mendis The tea industry anticipates mixed signals as the year closes on a high amidst Middle Eastern turmoil which spells evil in the coming year. The industry which is likely to close the year with export revenue exceeding the previous year’s number and breaking the record production volume of 2010, is expected to ...
- Hub is no hoodoo, says TEA (Category: Business)
- Tackling tea travails (Category: Business)
- “ Tea industry is like a candle burning on three sides”: MTI (Category: Business)
- Tea Board to host 20th session of FAO’s Inter-Governmental Group on Tea (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)
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)
By Uditha Jayasinghe Reeled by the overall crisis in the Middle East, the country’s tea industry has got a fresh jolt with Syria banning imports in value added form though the Government is cautioning undue panic was unwarranted. As part of a national policy Syria has banned all imports carrying a tariff of over 5% ...
- Value-added teas in trouble (Category: Business)
- November tea exports higher than 2010 (Category: Business)
- Crisis in the Middle East jolts tea industry – Minister (Category: Business)
- Tackling tea travails (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)
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)
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.
Tea The tea sector has been benefited by both increase production and remunerative prices fetched due to a buoyant market in 2010. Production reached an all-time record of 329 million kgs, fetching an average auction price of Rs. 371.54 during the period under review. Exports reached 314.3 million kgs realising record revenue of US$ 1.375 ...
- Planters’ Association Chief says turbulent times for tea (Category: Business)
- Local tea industry in a fix (Category: Business)
- No bounce at 2012’s first Colombo rubber auction (Category: Business)
- Rubber rues over cess hike (Category: Business)
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.
Popular Topics
- International Monetary Fund (9)
- Political crisis (24)
- Foreign exchange reserves (8)
- Shortage (3)
- Bank reserves (5)
- Fuel (4)
- Economy of Sri Lanka (24)
- Russia (8)
- Sri Lanka Tea (24)
- Tourism (4)
- Sri Lanka Quality Tea (24)
- Sri Lanka Tourism (24)
- Sri Lanka Cricket (24)
- Sri Lanka Hotels (24)
- Sri Lanka Elections (24)
- ITN News (7)
- Derana Dream Star (1)