Financial Times

Important to maintain Ceylon Cinnamon botanical name

 

The importance of conserving the botanical name of Ceylon Cinnamon - Cinnamomum zeylanicum Blume – was raised at the Annual General Meeting of The Spice Council (TSC) held recently in Colombo. TSC Chairman D. A. Perera, commenting on this, said over the years the Council has made several representations to, among others, the Ministry of Agriculture, the Ministry of Science and Technology and the Ministry of International Trade on this issue.

He announced TSC's intention to promote planting of vetiver and basil as the demand for these crops is increasing rapidly in the international market.

Sirisena Gamlath, Deputy Minister of Agrarian Services and Melani Schultz, Acting Chief of Party of USAID graced the occasion where Mr Perera explained why and how TSC was formed in 2003. Among its highlights is the Model Spice Village in Kaikawala, Matale launched last year, which allows small-scale spice farmers to network with each other via a centralized processing facility equipped with the latest spice dryers to process mostly pepper and cloves.

Under the project a private limited liability company Matale Natural Spices (Pvt) Ltd was formed and registered under the Companies Act with TSC investing Rs. 80,000 and seven farmers investing Rs. 140,000 each. Four workshops were held for members of this company and the villagers on Organization Management, Financial Management and Business Plan Development, Standard Operation Procedures and Quality Assurance.

Another project initiated by TSC is the Cinnamon Training Academy for cinnamon processors in the Galle District to train cinnamon peelers on food safety standards of GMP and HACCP. This is with the intention of increasing cinnamon production and exports by 30-50% as well as to try and enter the high end European, US and Japanese markets. TSC has also formed the Cinnamon Training Academy Ltd with help from a generous cinnamon grower who donated the land and the Sri Lanka Export Development Board who invested Rs. 3 million, as did the Spice Council.


 
Top to the page  |  E-mail  |  views[1]
 
Other Financial Times Articles
CPC in the dock over hedging
LMS – BOI case now before Supreme Court
Foreigners sell JKH due to global crisis, company performance
AMW-JKH-Finlays project by 2009
MAXIS nominee as SLT CEO takes over this week
Fowzie, De Mel disagree on oil drilling
Handicraft - assets of Sri Lanka
Doosra by the Banks?
New dimension in Banking and Payment System
Regulation no panacea for all ills
Sri Lanka’s gift in song mesmerises world audience
Monopolies and less geared firms to survive global economic crisis
Hayleys Agro helps boost paddy yields
ST Biz Club discusses ‘Global Economic crisis’
Nestle, Aitken Spence take top awards at CCC awards
Business brief
Bailing out greedy business leaders
Risking his business to develop a downtrodden village
Holistic training for pastry chefs helps southern youth
Important to maintain Ceylon Cinnamon botanical name
Interest rates too high –DIMO chief
Finlays Colombo in medical waste disposal business
Public sector enterprises must improve performance – Amunugama
Weaker Indian rupee makes Indian fabrics more attractive here
Higher debt provisioning, fewer loans slow ComBank growth
SriLankan Airlines focusing on ancillary services
Some Rs 81 bln owed to Treasury from state agencies-report
NCCSL seminar on family businesses
E-WIS wins again at HP awards 2008
CPC energy hedge: Anatomy of a crisis
CPC - Is it heading for liquidation?
Tender procedures deviated in oil deals
Coconut growers worried about growing palm oil imports
Mobile industry settles dispute with Airtel
New-look Nawaloka now biggest private hospital in Sri Lanka
Loss of the EU’s GSP+ will hurt entire economy - exporters
Mlesna opens “Tea Castle” in Talawakelle

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2008 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution