The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Government ready to extend estate leases if more investments made EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Government ready to extend estate leases if more investments made EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Government ready to extend estate leases if more investments made EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Government ready to extend estate leases if more investments made EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Government ready to extend estate leases if more investments made EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Government ready to extend estate leases if more investments made EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Government ready to extend estate leases if more investments made EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Government ready to extend estate leases if more investments made EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Government ready to extend estate leases if more investments made EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Government ready to extend estate leases if more investments made EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Government ready to extend estate leases if more investments made EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Government ready to extend estate leases if more investments made EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Government ready to extend estate leases if more investments made EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Government ready to extend estate leases if more investments made EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Government ready to extend estate leases if more investments made EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Government ready to extend estate leases if more investments made EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Government ready to extend estate leases if more investments made EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Government ready to extend estate leases if more investments made EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Government ready to extend estate leases if more investments made EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Government ready to extend estate leases if more investments made EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Government ready to extend estate leases if more investments made EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Government ready to extend estate leases if more investments made EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Government ready to extend estate leases if more investments made EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Government ready to extend estate leases if more investments made EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Government ready to extend estate leases if more investments made EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Government ready to extend estate leases if more investments made EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Government ready to extend estate leases if more investments made EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Government ready to extend estate leases if more investments made EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Government ready to extend estate leases if more investments made EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Government ready to extend estate leases if more investments made EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Government ready to extend estate leases if more investments made EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Government ready to extend estate leases if more investments made EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Government ready to extend estate leases if more investments made EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Government ready to extend estate leases if more investments made EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Government ready to extend estate leases if more investments made EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Government ready to extend estate leases if more investments made EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Government ready to extend estate leases if more investments made EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Government ready to extend estate leases if more investments made EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Government ready to extend estate leases if more investments made EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Government ready to extend estate leases if more investments made EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Government ready to extend estate leases if more investments made EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Government ready to extend estate leases if more investments made EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Government ready to extend estate leases if more investments made EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Government ready to extend estate leases if more investments made EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Government ready to extend estate leases if more investments made EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Government ready to extend estate leases if more investments made EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Government ready to extend estate leases if more investments made EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Government ready to extend estate leases if more investments made EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Government ready to extend estate leases if more investments made EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Government ready to extend estate leases if more investments made EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

    Government ready to extend estate leases if more investments made

    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    Government ready to extend estate leases if more investments made Empty Government ready to extend estate leases if more investments made

    Post by The Invisible Mon Jul 22, 2019 7:38 pm

    Jul 22, 2019 10:07 AM GMT+0530 | 0 Comment(s)


    ECONOMYNEXT – Sri Lanka’s government is willing to consider extending leases of plantations to private management companies provided they make the necessary investments needed for their long term sustenance, Plantation Industries Minister Navin Dissanayake said.

    The government was concerned by lack of investments by regional plantations corporations (RPCs) in state-owned estates whose management was privatised, he told a news conference.

    One particular concern was inadequate replanting of tea as many estates had aging bushes and soils were also depleted of their nutrition.

    “The annual target for replanting tea estates is two percent,” Dissanayake said. “But only about 0.5-1 percent happens.”

    The government is trying to encourage RPCs to improve the replanting rate as it is important for the long term survival and growth of estates they had leased, he said.

    The state-owned plantations, growing mainly tea, rubber and coconut, were given on 53-year leases to RPCs to manage in a privatisation exercise in 1992 meant to ease the burden on the government of financing their losses.

    But RPCs had maintained the leases were not long enough for them to make investments whose returns would be felt only in the long term.

    The leases are set to expire in 2045.

    “If the RPCs want to increase the leasehold we are willing to give longer leases,” Dissanayake said.

    “But they must commit to making the required investments. Some companies have abrogated their responsibilities and are not doing well – about 3-4 firms.”

    Dissanayake said Sri Lanka needed to ensure its tea production levels did not decrease to prevent loss of tea market share.

    “We have to somehow maintain it around the 300 million kilo level. That’s why replanting is so important.”
    (COLOMBO, 22 July, 2019)


      Current date/time is Sun Jun 16, 2024 2:45 am