COLOMBO Aug 6 Sri Lanka's earnings from tea
exports grew by 40.3 percent in the first half of 2008 from a
year earlier due to higher prices and increased demand from the
Middle East, a top official at the Sri Lanka Tea Board told
Reuters on Wednesday.
"We have achieved an export revenue of $615.5 million in the
first half of this year, compared to $438.6 million in the first
six months of 2007," Lalith Hettiarachchi, the chairman of the
Sri Lanka Tea Board, said in an interview with Reuters.
"We expect the full year revenue could go up to $1.5
billion, if the current increasing trend in prices and
prevailing production conditions continue."
(Reporting by Shihar Aneez; editing by Michael Roddy)