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’
The 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.
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.
Taylor in the 1870s
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
Thiru Arumugam, from the Sunday Island, 30 January 2017 where the title reads “Desalination — Or a Reive for Jaffna?”
In 2010 the Asian Development Bank (ADB) approved a total loan facility of 130 million US dollars for the “Jaffna and Kilinochchi Water Supply and Sanitation Project”. The local costs of 26 million dollars were to be met by the Government of Sri Lanka. The project involved providing safe drinking water for 300,000 people in Jaffna Town and surrounding areas and sanitation facilities for 80,000 people in Jaffna Town. The source of raw water was to be Iranamadu Tank in Kilinochchi. Water was to be pumped from here to a treatment plant near Pallai in the Jaffna Peninsula, and treated water distributed to consumers from there.
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Matthias Keitel of Tubingen in ASIAN TRIBUNE, 28 January 2017, http://asiantribune.com/node/90032 … emphasis added by Editor, Thuppahi
“Mahinda Rajapaksa, as he jockeys to lead Sri Lanka again, must speak authoritatively on national issues. He must be the voice representing the unhappy masses and the disenchanted business community.
His statement on the proposed ETCA was excellent. But sadly there has been no follow up. The business community expects him to provide firm leadership on such matters. He must demonstrate confidence on issues of national importance. Confidence breeds confidence. Not braggadocio”.
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