Fitch plans to withdraw ratings of Kotagala Plantations

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Fitch Ratings plans to withdraw the ratings of Kotagala Plantations PLC for commercial reasons on or about 21 August 2020, which is...

Sri Lanka tea prices mixed

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Sri Lanka tea prices mixed but still holding on to recovery in the fourth week of July amid by good demand for...

ICRA Lanka reaffirms the ratings of Bogawantalawa Tea Estates PLC

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ICRA Lanka Limited has reaffirmed the issuer rating of BBB+ (pronounced SL triple B plus) with Negative Outlook for Bogawantalawa Tea Estates...

Sri Lanka coconut auction prices drop 12-pct from peak

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Sri Lanka’s average coconut prices fell 5.67 percent to 48,743 rupees for a 1000 nuts at an...

Sri Lanka to give same state guaranteed price for all types of paddy

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Sri Lanka will give the same guaranteed price of 50 rupees for all types of paddy, during the Yala 2020 minor cultivation...

Sri Lanka tea average up in June 2020

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Sri Lanka’s national tea average for the month of June 2020 totalled Rs. 612.67 vis-à-vis Rs. 697.57 of May 2020, which was...

Sri Lanka’s President Gotabaya Rajapaksa had instructed farmers to grow more grains saying imports...

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Sri Lanka’s President Gotabaya Rajapaksa had instructed farmers to grow more grains saying imports have been controlled and they can now earn...

sweet taste of success for Sugar Industry

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The Government under the leadership of President Gotabaya Rajapaksa is taking measures with firm determination to revive the country’s economy. The Government...

Government continuing efforts to raise Plantation Workers daily wage to Rs 1000

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The government is continuing to pursue efforts to get a deal to pay the country’s estate workers a guaranteed wage of Rs...

Sri Lanka suspends export tax on tea for 6-months

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Sri Lanka has suspended an export tax on tea for six months to help the tea sector as it recovers from a...

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