Record price at tea auction
An all time record price was obtained at the Colombo Tea Auction on
July 1 and 2 for a line of Western Medium Pekoe Grade at Rs. 585 per kg.
This tea was manufactured by Orange Field Tea Factory. This factory
in Gampola is owned by Sebastian Retty. The buyer was George Steuarts
Teas Ltd and the selling broker was Mercantile Produce Brokers (Pvt)
For the first time, Eco Uniwear Private limited will be exporting
apparels to India.
The company has invested Rs. 43 million and has acquired the
Galgamuwa apparel factory, owned by Tri-Star to launch these operations.
Eco Uniwear is already exporting their products under 'brand' to USA
and the European market.
Company hopes to exploit the Indo-Lanka Free Trade Agreement of this
venture and have already signed an agreement with the Board of
The project will generate over 350 employment opportunities.