Plantation Workers Set to Get Revised Daily Wage of Rs. 1,350 from October 10
Plantation sector workers in Sri Lanka are set to receive a revised daily minimum wage of Rs. 1,350, effective October 10. This increase.
Economics
Business
Tea Sales Average Rises by US $0.06 in September 2024
The national tea sales average for September 2024 reached Rs.1,207.99 (US $ 4.04), marking an increase of Rs.19.50 and US $ 0.06 compared.
- October 3, 2024
Business
Sri Lanka’s Tea Exports Drop 6.2% in July 2024, But FOB Value Rises
Sri Lanka’s tea exports in July 2024 totaled 21.35 million kilogrammes, marking a 6.2% year-on-year decline. While bulk and packeted tea exports showed.
- August 20, 2024
Business
Economics
Sri Lanka Tea Production Down Despite May Increase
Sri Lanka’s tea production shows a mixed picture: Overall, YTD production is lower across all elevations compared to 2023. Key Takeaways:
- June 14, 2024
Finance
Industry Analysis
Tea Industry Planters Caution Against Across-the-Board Wage Increases, Citing Risk of Sector Bankruptcy
Plantation companies are holding firm on their stance regarding productivity-based wages for estate workers, amidst union demands for a daily pay of Rs..
- April 29, 2024
Global Affairs
Industry Analysis
Sri Lankan Tea Industry Plots a Path to Regain its Luster
Sri Lanka’s famed Ceylon tea industry, currently grappling with various challenges, is charting a course towards regaining its past glory. A recent event.
- March 5, 2024