Nishan De Mel on Rupee Depreciation Implications

Hiran H.Senewiratne, in Island, 23 February 2017, where the title is “It is the speed of rupee depreciation or appreciation against the dollar that matters’

aansihanThe US dollar depreciation/appreciation against the rupee is nether a barometer to determine the strength of the economy nor the strength of the currency/rupee. The most important matter is to look at how and at what speed the rupee depreciated or appreciated against the dollar, a top economist said. “Currently, the US dollar has touched Rs 153.44 but this is not a parameter to determine the strength of the economy or the currency. When one looks at a developed economy like South Korea, as an example, they pay more “Won” for dollars, compared to the Sri Lankan rupee, which is an indication that appreciation of the dollar is not a parameter to determine the strength of the economy, Executive Director, Verite Research Dr Nishan de Mel told The Island Financial Review.  aa-bank-notes

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Decolonization in the Rubber Trade, 1946-54

Rohan de Soysa

Tony Donaldson’s essay in valedictory recognition of Tony Peries generated a short memorandum[1] from one of my friends in Colombo, namely Rohan de Soysa, son of Terence de Soysa.[2] This note adds significant information on early steps in the process of decolonization and the breaking away from Britain’s stranglehold over the commodity trade. It is therefore presented as an essay in its own right –a move welcomed by Tony Donaldson. I have taken the liberty of imposing highlights by way of emphasis. Michael Roberts as Editor Thuppahi.

sl-china-stamps Picture shows the Commemorative Stamp issued to mark the 50 years of signing the Rubber Rice Pact.
The Terence de Soysa referred to [in Tony Donaldson’s article] as a ‘very clever rubber trader’ by Tony Peiris, was my father. He had organised a consortium and bought CWM {CW Mackie & Co] in 1946 or so, before Independence, the first major British company to be Ceylonised. Continue reading

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The Tea Business in Ceylon and the Life and Times of Tony Peries

Tony Donaldson. in a Vale for the  Late Tony Peries of Colombo & Sydney, courtesy of THE CEYLANKAN, 2017 edn , where the title is “Remembering Tony Peries” … with emphasis added by The Editor, Thuppahi.

My first encounter with Tony Peries took place in 2003.  By chance, I stumbled upon a meeting of the Ceylon Society in Melbourne one Sunday afternoon at which Tony was giving a talk about his book George Steuart & Co Ltd 1952 – 1973: A Personal Odyssey, published in 2003, a copy of which occupies a prominent position on my bookshelf.   He made an immediate impression on me as a gifted speaker with a natural stage persona that drew audiences into his world.

tony-peries

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Here, There and Almost Everywhere! Jaraa in Sri Lanka

frances-fFrances Ferdinands, in Sunday Island, 19 February 2017, where the authors’s chosen title is “Becuase I Care”

As a Sri-Lankan born Canadian Artist, I have had the privilege of spending time here in Sri Lanka within the last two years. From January – March 2015 I was here on a Canadian Government sponsored project geared towards exploring my artistic heritage and incorporating this experience into my own art practice. I was mentored in the traditional arts and crafts of Temple painting, and Beeralu Lacemaking. I recently returned in early January of this year to study the traditional craft of mask making. Continue reading

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Baddaginnie in Victoria: Its Sinhala Name and its History

Thiru Arumugam, courtesy of The Ceylankan, vol 77, Jan 2017

Introduction:  Baddaginnie (hungry belly in Sinhala) is a small village in north-east Victoria, Australia, about 180 km from Melbourne. Its population was 465 persons in the 2011 Census. This article describes how it got its name, the early history of the place, and a brief biography of the Surveyor, J G W Wilmot who gave Baddaginnie its name.

baddaginnie-4Fig 4-– Baddaginnie High Street in 1905-Museum of Victoria Continue reading

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James Taylor and the Ceylon Tea Industry

Ceylon Tea Board on the occasion when the James Taylor Monument wa sunveiled n 29th January 2017

The commercial cultivation of tea in Ceylon, as Sri Lanka was then known, is acknowledged to have commenced in 1867 at Loolecondera Estate, Hewaheta, in the Kandy District, by an enterprising young agriculturalist, James Taylor, a redoubtable Scotsman, of which extraction were most of the  pioneers of the Industry.

james-taylor Taylor in the 1870s

james-taylor-11

Taylor, the son of Michael Taylor and Margaret Moir, was born on March 29, 1835, in a cottage called “Moss Park” on the Monbodde Estate, near Laurencekirk in Kincardineshire. On being recruited as a Coffee Planter on Narenghena Estate, he arrived in Ceylon on February 20, 1852. Following a brief posting there, he was transferred to Loolecondera Estate, where he spent the rest of his life and eventually expired on May 2, 1892, at the age of 57 years, of dysentery, while still in service. Continue reading

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The Failure of the Coup in Turkey: Erdogan and Russia

Nikolai Starikov,** translated by Julia Rakhmetova, –original title = “Why Russia Revealed Coup Plans to Erdogan”  ….. sent to me by a seasoned analyst with the comment: “A strongly Russocentric point of view … that has to be taken into account since it seems to be a fact that Russia did help Erdogan”

Traditionally, they have been conducted by the military, which modern Turkey’s founder Kemal Ataturk designated as the guardians of secularism, stability and integrity. Since WWII, there were military coups in 1960, 1971, 1980 and 1997, and the US was behind EVERY one. During the first coup in 1960, they tried to prevent a rapprochement with the USSR, turning off credit, and Turkish Prime Minister Adnan Menderes planned to visit Moscow to set up an alternative source of crediting and economic assistance. The military took over, and the politicians who wanted to repair relations with Russia were removed.

11erdogan-and-coup-cnnErdogan speaking–CN

ATTENTION EDITORS - VISUAL COVERAGE OF SCENES OF INJURY OR DEATH - People react as bodies draped in Turkish flags are seen on the ground during an attempted coup in Ankara, Turkey July 16, 2016. REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. NO RESALES. NO ARCHIVES. TURKEY OUT. NO COMMERCIAL OR EDITORIAL SALES IN TURKEY. TEMPLATE OUT

People react as bodies draped in Turkish flags are seen on the ground during an attempted coup in Ankara, Turkey July 16, 2016. REUTERS/Stringer 

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