Reforming organic agriculture laws in Sri Lanka to unlock export potential

With over 400 certified organic exporters/ processors and more than 12,000 organic producers, Sri Lanka’s organic sector contributes over $0.5 billion annually to the national economy. By aligning regulations with international standards, the country aims to strengthen its credibility in the global organic market and unlock new trade opportunities. Key organic exports include tea, coconut-based […]

Is the country prepared to harvest the potential dollar income through its rubber industry?

By Emeritus Professor Asoka Nugawela (Department of Plantation Management, Wayamba University of Sri Lanka & Former Director, Rubber Research Institute of Sri Lanka) Sri Lanka earned 930 million US$ from the export of both raw rubber and rubber products in 2023. Out of that the major share, around 900 million US$, came from the export […]

Opinion: Embracing change, charting a brighter future for Sri Lanka’s plantation industry

By Sunil Poholiyadde, Chairman of the Planters’ Association of Ceylon For 170 years, Sri Lanka’s plantation industry has stood the test of time. Despite continuous upheavals, it has managed to adapt and endure. Over this period, the ownership structure of the industry underwent significant changes—from 124 years of British colonial ownership to the post-independence era […]

Innovative Water Management Techniques Revolutionizing Paddy Cultivation in Sri Lanka

For centuries, rice has been the heartbeat of Sri Lankan agriculture, with over one million hectares of paddy fields cultivated annually, accounting for 37% of the country’s land use. But as climate change accelerates, the task of managing water resources, especially for paddy, has become ever more challenging. The Green Climate Fund financed Climate Resilient Integrated […]

ComBank to take advanced agriculture to Sri Lankan farmers, village by village

The Commercial Bank of Ceylon has embarked on an ambitious mission to propagate technology in the agriculture sector, encompassing all areas of agricultural potential in the country. This initiative aims at empowering farmer communities and improving the quality and volume of crop yields by fostering sustainable agriculture practices and equipping rural communities with the latest […]

‘ Forum Ready to Collaborate with Govt for Economic Revival & Food Security

The Sri Lanka Agripreneurs’ Forum (SLAF) congratulates the newly elected government and parliament, expressing optimism for a transformative era in Sri Lanka’s agricultural and economic landscape. SLAF firmly believes that the new government, with its visionary leadership, has the potential to bring about the comprehensive changes needed to uplift the agriculture sector. This leadership offers […]

Fitch Ratings has downgraded Kotagala Plantations PLC’s National Long-Term Rating to ‘CCC(lka)’, from ‘B+(lka)’, and its listed unsecured debentures of LKR251 million due between the financial years ending March 2025 (FY25) and FY27 to ‘CCC-(lka)’, from ‘B+(lka)’. The downgrade follows a major weakening in liquidity. We expect the statutory increase in labour costs effective September […]

Planters’ Association of Ceylon welcomes new President : Calls for collaborative efforts to transform sector

The Planters’ Association of Ceylon (PA) congratulates NPP leader Anura Kumara Dissanayake on his election as the 9 th Executive President of Sri Lanka and called for renewed collaboration to secure sustainable growth and livelihood empowerment within the plantation sector. The Association called on President Dissanayake to initiate a transformative era for the plantation industry […]

” National Rating; Outlook Stable

Fitch Ratings has assigned Sri Lanka-based Bogawantalawa Tea Estates PLC a first-time National Long-Term Rating of ‘A(lka)’ with a Stable Outlook. Fitch has also assigned Bogawantalawa’s outstanding senior unsecured debentures a National Long-Term Rating of ‘A(lka)’. Bogawantalawa’s ratings are driven by the long-term structural decline at Sri Lankan tea plantations amid regulatory overhang on costs, […]

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