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Burdened with an overall tea production dip of 400,000 kgs during the period up to August when compared with 2010 and increased wages, plantation companies are facing losses, industry data showed yesterday. Sri Lanka has recorded a lower crop of 23.9 million kgs for August, 2011, which shows a drop of two million kgs over ...
- Forbes and Walker recaps tea industry’s 2011 (Category: Business)
- Tea production and prices leaving much to be desired (Category: Breaking News)
- October tea output falls 15% year-on-year (Category: Business)
- September tea output down 10.5% YoY (Category: Business)
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)
The Travels and Holidays Network, a Toronto and UK based Travel Event Management team with the assistance of the Consulate General of Sri Lanka, in Toronto is organising “Wonder Sri Lanka” Travel and Trade Show on 16th and 17th of October 2011 to promote Sri Lankan Tourism and Trade in North America in Toronto, Canada.
- Sri Lanka tourism & trade promotion in North America (Category: Breaking News)
- Negative Impact (Category: Business)
- A Malaysian Travel writer says Sri Lanka is âClearly a holidaymakerâs Paradise (Category: Breaking News)
- A TRAVEL & TRADE SHOW TO PROMOTE SRI LANKA IN NORTH AMERICA (Category: Breaking News)
With reference to Daily FT article yesterday containing Dilmah-fame MJF Exports Group Marketing Director Malik Fernando’s response to MTI Consulting’s original comments, the latter has sent a fresh clarification: The Kenyan Tea Board has called for a tender to set-up tea value-addition facilities in the country. Refer http://www.teaboard.or.ke/about/tenders/ . This is a fact. Given the...
- 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)
Sept 11, Colombo: Eleven out of 21 major tea plantation companies of Sri Lanka have reportedly incurring heavy losses for a number of years.
Sri Lanka tea seen threatened by climate change
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)
Commodity bubble may burst warns IMF, what will happen to Sri Lanka tea
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)
Ceylon Tea Brokers Plc 2011 Annual Report’s Chairman’s Review has some useful insights on the tea industry and the role of tea broker. Here are some excerpts. A significant aspect of the Tea Industry’s performance in 2010 is that all time records were established in terms of: i. Tea Production ii. Auction Averages iii. Tea ...
- Tea industry looking at bleak Q4 (Category: Business)
- Negative start for tea exports in 2012 (Category: Business)
- Ceylon Tea Brokers improves performance, Chairman shares key insights (Category: Business)
- Tea thirsts for blitz (Category: Business)
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.
Sri Lanka tea exporter calls for better labour relations
“The tea industry needs a stable policy, direction and expertise if it is to play a significant role in the economy. There is a desperate need for a TEA AUTHORITY which would be vested with full control over the industry, pursuing an astute 10 year plan. The need to rehabilitate the industry – via replanting, ...
- Analysis: Pharmaceutical woes (Category: Technology)
- Local travel agency takes a hit amid COVID-19 pandemic (Category: USA, Nebraska)
- Report: New Mexico's outdoor economy growing faster than US (Category: USA, New Mexico)
- Report: New Mexico's outdoor economy growing faster than US (Category: USA, New Mexico)
COLOMBO (Reuters): Sri Lanka’s tea production fell in July for a fourth straight month due to adverse weather conditions, the island nation’s state-run tea board said on Thursday. Tea production in July was 11.5 per cent down to 24.2 million kilogrammes (kg) against 27.4 million kg in the same month last year. The output in ...
- Kenya tea exports up 10% in first quarter (Category: Business)
- October tea output falls 15% year-on-year (Category: Business)
- Record tea crop in November (Category: Business)
- Tea crop forecast cut (Category: Business)
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)
Sri Lanka tea exporter plans off-shore blending plant
Sri Lanka tea production falls in May
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)
Demand for Sri Lanka tea is expected to increase by 10 percent in 2011.An official of the Sri Lanka Tea Board said that a boom in world tea exports continue, with a 10 percent increase in volume fuelled by the world economic recovery.
- 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 tea production on the rise
Sri Lanka Tea Council’s (SLTC) new Chairman Merrill J Fernando yesterday implored the government and all industry stakeholders to formulate a 10- year sustainable plan to take the world famous Ceylon Tea to its pristine glory.
Tea sold at the Colombo Tea Auction during the 1st quarter of this year has recorded the highest ever national average, thus reaching a price of 393 rupees and 90 cents per kilogram. Previous best price stood at 382 rupees and 90 cents.
Sri Lanka tea auction sees return of Libya
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)
Sri Lanka tea prices hit by Middle East turmoil
The Sri Lanka Tea Exporters' Association handed over 03 million bags of tea worth US$ 60,000 to President Mahinda Rajapaksa today (21) to be sent to tsunami-stricken Japan.
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