Category Archives: commoditification

Famous Performers in Unusual Light

 Louis Armstrong in desert glare, 1961

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The Flag of Convenience as Potential Jackpot for Sri Lanka’s Ports?

Capt A. Banerjee, Sunday Observer, 23 April, 2017, where the title was slightly i different

In the last 2 years Sri Lanka has taken considerable efforts and is slowly moving towards her desire to be the next Maritime Hub.The government and other maritime stakeholders are trying their best to put their heads together in realizing this dream. I too would like to contribute towards this initiative and feel that so much can be achieved if we can nurture this “golden goose” called Flag of Convenience. I hope with this article I am able to make you realize the great opportunity that lies ahead.

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Initiating Marinas in Sri Lanka: Big Plans

Rajkumar Kanagasingam,  courtesy of Daily Mirror, 16 March 2017, where the title is “Establishing first-ever marinas in Sri Lanka

M “Establishing first-ever marinas in Sri Lankaarina is an unheard name to many Sri Lankans, but not anymore. Dr. Dietmar Doering, a German hotelier based in Marawila in the North Western Province of Sri Lanka, is venturing into establishing a first-ever marina in Marawila.  He pioneered sports tourism in Sri Lanka nearly three decades ago by establishing Asian-German Sports Exchange Programme; now it’s his turn for enhancing nautical tourism in Sri Lanka. Tourism Development Minister John Amaratunga also has given the green light to make this marina venture a success. Generally, the Mediterranean region is famous for some of the world’s finest marinas; they are harbouring thousands of yachts and boats which are owned by rich and adventurous boaters around the world. Those boaters are not only cruising around the Mediterranean Seas but crossing the Suez Canal and entering into the Arabian Sea and many of them are venturing towards East Asia.  India and Sri Lanka are getting their importance because of their location but hardly any marinas to serve them other than the recently established Kochi International Marina in the Indian state of Kerala.

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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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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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