News
Death of Merril J. Fernando
The death occurred on Thursday of Mr. Merrill. J. Fernando, 93, among the country’s leading business personalities and a self-made billionaire who earned for himself the reputation of ‘Teamaker’ by building his Dilmah brand, among the best known nationally owned brands of Ceylon tea.
Fernando was uncompromising in his life-long battle to preserve the image and reputation of single origin pure Ceylon tea and led numerous efforts to resist cheaper teas from other producing countries being imported here for blending. He argued strenuously that such efforts to produce cheaper teas would cost Ceylon tea dearly.
In his autobiography published earlier this year and currently being serialized in this newspaper, Fernando said “Pure Ceylon Tea has been my life for over 70 years and made all my other achievements possible.”
MJF as he was popularly known coined the name of his Dilmah brand by combining the names of his two sons, Dilhan and Malik many years ago. His Ceylon Tea Services Ltd. was quoted on the Colombo Stock Exchange in 1982 and its name was later changed to Dilmah Ceylon Tea Company PLC more recently.
In annual reports of his company, Fernando was fond of detailing how early investors benefited from the company’s growth through capital appreciation, high rates of dividends and capitalization of reserves through bonus share issues.
Fernando was not the country’s biggest tea exporter but his Dilmah brand, projected as a product of a family-owned business, acquired a global reputation for quality. This vertically integrated business included production (Kahawatte Plantations), broking (Forbes and Walker). Packaging (Printcare) and many more.
In later years MJF broke into the leisure industry (Ceylon Tea Trails, Cape Weligama etc.) but his primary focus remained tea. He and his companies are large investors in well-known companies quoted on the Colombo Stock Exchange.
Fernando’s charitable trusts are generous funders of projects involving the plantation community and sustainable environment.The funeral was due to be held on Saturday at Pallansena (close to Negombo), the village where he was born where his parents are buried.
Latest News
Sun directly overhead Mannar, Periyamadu, Puliyankulam, Welioya and Pulmoddai about 12.11 noon today (30)
The sun is going to be directly over the latitudes of Sri Lanka from 28th of August to 07th of September due to its apparent southward relative motion.
The nearest places of Sri Lanka over which the sun is overhead today (30) are Mannar, Periyamadu, Puliyankulam, Welioya and
Pulmoddai about 12.11 noon.
News
Lanka tracks 11 US-sanctioned Iranian tankers off coast
(AFP) Sri Lanka’s maritime authorities were monitoring a fleet of 11 US-sanctioned Iranian oil tankers just off the island’s southern coast, the foreign minister said Wednesday.
The tankers were spotted close to the Galle harbour where an Iranian frigate, IRIS Dena, was sunk by a US submarine in March, killing 104 sailors. Sri Lanka’s navy rescued 32 Iranian sailors from that frigate.
Iranian vessels have been in limbo, unable to return to their home port because of a US blockade.
Sri Lanka’s Foreign minister Vijitha Herath said the tankers were in international waters where they had freedom of navigation.
“These ships are away from our territorial waters… we have no hold on them, nor have we facilitated them,” Herath told AFP.
The military deployed reconnaissance aircraft and patrol boats to monitor the vessels outside Sri Lanka’s 12-nautical-mile territorial waters, a military official told AFP on condition of anonymity.
“There is no indication of any ship-to-ship transfer of oil or illegal discharge of pollutants, so there is no basis for Sri Lankan authorities to take action against them,” the official said.
Many Iranian merchant vessels moved east towards the Strait of Malacca and Singapore due to US sanctions, while several remained near Sri Lankan waters, authorities said.
Sri Lankan officials said Washington had not formally notified Colombo about sanctioned Iranian-flagged vessels
News
House to debate abolition of Chief of Defence Staff post
Parliament is to debate next Wednesday the Government’s proposal to abolish the post of Chief of Defence Staff (CDS), with the Second Reading of the Chief of Defence Staff (Repeal) Bill scheduled for September 9.
The Bill seeks to repeal the Chief of Defence Staff Act No. 35 of 2009, which was introduced shortly after the end of the armed conflict.
According to Secretary General of Parliament Kushani Rohanadeera, Parliament will meet from September 8 to 11, with the business for the week approved by the Committee on Parliamentary Business chaired by Speaker Dr. Jagath Wickramaratne.
The debate on the Chief of Defence Staff (Repeal) Bill is scheduled to take place from 11.30 a.m. to 5 p.m. on Wednesday, following questions to the Prime Minister and other parliamentary business.
The CDS post was established under the 2009 Act as part of the country’s higher defence command structure.
On Tuesday, September 8, the House will consider two Orders published in Extraordinary Gazettes under the Motor Traffic Act from 11.30 a.m. to 5 p.m., followed by an Opposition motion at the adjournment.
On Thursday, September 10, Parliament will debate a Resolution under the Women’s Empowerment Act.
The final sitting day of the week, Friday, September 11, has been allocated from 11.30 a.m. to 5.30 p.m. for several Private Members’ Motions.
The motions will cover issues including regulation of the petroleum, fuel and water industries, measures to increase the birth rate, protection of the Diyagama Forest, pension deductions affecting Pirivena teachers, food-crop cultivation in mountainous areas, development of the Kithul industry and the establishment of a Faculty of Medicine at South Eastern University.
Questions at the adjournment will be taken up at the end of each sitting day.
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