Business

Abbotsleigh Tea Estate Achieves Record Tea Production and Sales in 2024

Abbotsleigh Tea Estate has set a remarkable milestone by producing and selling the highest quantity of tea for 2024, totaling an impressive 2,029,990.

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Economics

Sri Lanka Tea Crop Surges in September, Marginal Growth Recorded for First Nine Months of 2024

Sri Lanka’s tea industry witnessed a remarkable surge in September 2024, with tea production reaching a seven-year high of 24.13 million kilos, according.

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Economics

Middle East War Poses Risk to Sri Lanka’s Trade, Remittances: CBSL Warns

A broader conflict in the Middle East could significantly impact Sri Lanka’s tea exports, petroleum imports, and remittance inflows, according to the Central.

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Economics

Sri Lanka’s Goods and Services Exports Surge in July 2024: A 6.58% Increase in Merchandise and 16.44% in Services

Sri Lanka’s export sector witnessed a notable boost in July 2024, with merchandise exports rising by 6.58% year-on-year to reach 1,087.6 million US.

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Economics

June 2024 Export Earnings Boosted by Tea and Rubber Exports

Sri Lanka’s merchandise export performance for June 2024 reached $1,031.2 million, marking a 2.58% increase compared to June 2023. This growth was driven.

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Economics

Tea Exports Cover $60M of Sri Lanka’s Fuel Debt to Iran

The Sri Lanka Tea Board announced that exports of Ceylon Tea have successfully offset $60 million of the country’s fuel bill owed to.

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