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Baurs facilitates Swiss experts’ visit to assist SL’s efforts towards organic agriculture

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Seen here is Baurs MD/CEO Rolf Blaser and Deputy MD/Director Agriculture Janaka Gunasekera along with the expert team at the Ministry of Agriculture

In its continuous efforts to share scientific and practical solutions in enabling a successful conversion from conventional to organic farming, A. Baur & Co. (Pvt.) Ltd., also known as Baurs, a name synonymous with pioneering the agriculture landscape in the country, recently facilitated a team of organic agri experts from Switzerland who revisited Sri Lanka during early-February.

The team included Prof. Christoph Studer, Professor of Natural Resources Management at the School of Agricultural, Forest and Food Sciences (HAFL), Dr. Jacques G Fuchs, Senior Scientist in Plant Pathology and Soil Quality and Paul van den Berge, Senior Consultant from the Research Institute of Organic Agriculture (FiBL).

The revisit marks the second phase of the comprehensive study, followed by an in-depth analysis and evaluation completed in August last year when the team was on a 10-day visit conducting preliminary studies including meeting with diverse stakeholders to understand the agri ecosystem. This time around the purpose was to further study the strategically identified potential areas based on the initial findings.

During their 9-day visit, the experts held discussions with officials from the Ministry of Agriculture to comprehend the Government’s current standing on its green agriculture policy and visited key institutions such as Rice Research & Development Institute (RRDI), Field Crop Research & Development Institute (FCRDI), Farm Mechanization Research Centre (FMRC), University of Peradeniya Faculty of Agriculture Sub Campus in Mahailluppallama as well as Tea Research Institute (TRI) to study their involvement and future initiatives steered towards this direction.

This also included discussions with officials at the Field Crop Research and Development Institute (FCRDI) and academia to explore possibilities of intercropping leguminous crops in between two paddy seasons as a sandwich crop. The experts visited the Municipality Council of Nuwara Eliya to study the waste management process of outstation cities. The Council members led by Mayor, shared the process and experience on waste management of Nuwara Eliya city. They also visited the largest vegetables and fruits wholesale market in Dambulla, a leading local dairy producer, a private poultry farm, and composting site in Chilaw to observe and study the availability of raw materials for organic farming input production.

As part of the collaboration of Baurs with FiBL and HAFL, Jacques Kohli who is a graduate from the Bern University of Applied Sciences is working with Baurs as an intern in carrying out a detailed study on the availability of raw materials for organic fertilizer production and their potential uses.

They also met with officials from the Sri Lanka Institute of Nanotechnology (SLINTEC), Industrial Technology Institute (ITI) and a bio fertilizer manufacturer to understand their stand on governments’ direction and seek possible collaborations, including discussions with policy makers such as Sri Lanka Standards Institute (SLSI) and National Plant Quarantine Service.

Further, they also visited Umandawa Global Buddhist Village in Kurunegala and farm fields in Dambulla and Nuwara Eliya and the Idalgashinna organic tea garden to observe and study the agri practices and ecosystem. The experts conducted training sessions to farmers as a continuation of the trainings in their initial visit to better understand and solve issues faced by farmers in organic farming, and also initiated a knowledge sharing session for senior managers and marketing team of Baurs.



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Sri Lanka’s economic confidence index plummets

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‘No one has rated Sri Lanka’s economic condition as excellent. 1.8 % rated it as good and 1.3 % rated it as getting better. The resulting score was a (-) 96. This rating was (-) 83 in January 2022, a wide ranging Verite Research public opinion survey reveals.

Key findings of the survey:

Government approval rating drops from 10% to 3%

The second round of the Gallup Style “Mood of the Nation” poll was conducted in June by Verité Research. It assessed the approval, satisfaction, and confidence of the nation in relation to the government, the country, and the economy.

The poll was conducted as a part of the syndicated survey instrument by Verité Research. This instrument also provides other organisations the opportunity to survey the sentiments of Sri Lanka.

1. Government approval rating | 3% | To the question, “Do you approve or disapprove of the way the current government is working?” only 3% said they approve. In January 2022 this rating was at 10%.

2. Sri Lanka satisfaction | 2% | To the question, “In general, are you satisfied or dissatisfied with the way things are going in Sri Lanka?” only 2% said they were satisfied. This rating was at 6% in January 2022.

3. Economic confidence | negative (-) 96 | Multiple choice questions on the condition and trajectory of the economy are used to generate an economic confidence score. The score can range from negative (-) 100 to positive (+) 100. A score above zero means more people see the economic conditions positively rather than negatively. If everyone thinks the economy is in either excellent or good condition, and everyone also thinks it is getting better, the score will be (+) 10. If everyone thinks that the economy is in a poor condition, and everyone also thinks it is getting worse, the score will be a (-) 100. No one rated the economic condition as excellent. 1.8% rated it as good; and 1.3% rated it as getting better. The resulting score was a (-) 96. This rating was (-) 83 in January 2022.

Implementation of “Mood of

the Nation”

The poll is based on an island wide nationally representative sample of responses from 1,052 Sri Lankan adults, conducted in June 2022. The sample and methodology was designed to ensure a maximum error margin of under 3% at a 95% confidence interval. The polling partner was Vanguard Survey (Pvt) Ltd.

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Decline in share market in the wake of rate hike reports

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By Hiran H.Senewiratne

CSE trading activities began on a positive note yesterday but during the latter part of the day the market experienced a dip on account of the overall supply chain economy being subjected to a contraction, stemming from the fuel crisis. Consequently, CSE activities were relatively low keyed, market analysts said.

“We are reverting to the negative. There is uncertainty on all fronts, from the political to the economic. Therefore, we are expecting a rate hike on Thursday. This is creating a bit of a cloud and we may see this continuing further, a top market analyst said.

Even if top level decision- making is happening in Sri Lanka the impact is not felt at the grassroots level. This has resulted in unrest in the country, the analyst said.

Amid those developments, both indices moved downwards. The All- Share Price Index went down by 97.9 points and S and P SL20 declined by 34.3 points. Turnover stood at Rs 1.3 billion with one crossing. The crossing was reported in JKH, which crossed 600,000 shares to the tune of Rs 73.2 million, its shares traded at Rs 122.

In the retail market, the top seven companies that mainly contributed to the turnover were; Lanka IOC Rs 611 million (7.3 million shares traded), Expolanka Holdings Rs 173.9 million (one million shares traded). LOLC Holdings Rs 47.4 million (120,000 sha4es traded), Hayleys PLC Rs 46.5 million (697.000 shares traded), Browns Investments Rs 46.3 million (6.4 million shares traded), JKH Rs 21 million (173,000 shares traded) and Softlogic Holdings Rs 20.5 million (794,000 shares traded). During the day 109 million share volumes changed hands in 15000 transactions.

The International Monetary Fund said last Thursday its talks with crisis-hit Sri Lanka had been “constructive”, thereby raising hopes it would soon grant preliminary approval for a desperately needed financial support package, observers said.

Meanwhile, the Colombo Consumer Price index rose 54.6 per cent year-on-year in June against a 39.1 per cent rise in May, according to the Statistics Department.

Yesterday the US dollar rate was Rs 360.73, which is now being controlled due to the prudent fiscal and monetary policies of the Central Bank.

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Dialog Club vision members receive access to an exclusive screening of ‘Jurassic World Dominion’

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In a bold and breath-taking new global adventure, the epic conclusion to the Jurassic film franchise ‘Jurassic World Dominion’ hit theatres across the world on June 10. Just a day after its global premiere, Dialog Club Vision Red members and their loved ones received special access to an exclusive screening of the film at the Kandy City Centre Multiplex on June 11.

The explosive end to the Jurassic era sees two generations of the film’s franchise unite for the first time with Hollywood’s Chris Pratt and Bryce Dallas Howard joined by Oscar winner Laura Dern, Jeff Goldblum and Sam Neill. Dialog Club Vision members were some of the first to witness the utopian world where Dinosaurs and humans co-exist.

With the best interests of its members and their loved ones at heart, Dialog Club Vision continues to deliver a world of exclusivity and privileges such as personalized care, exclusive discounts and offers, lifestyle and entertainment events and more. To explore more exciting offers available for Dialog Club Vision members, and to learn more about Sri Lanka’s premier loyalty programme, customers can visit the MyDialog App or visit dialog.lk/club-vision

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