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Sri Lanka’s top trade chamber has asked its private sector members to ‘adopt’ transit refugee camps, supporting displaced people until they find permanent shelter.Sri Lanka’s top trade chamber has asked its private sector members to ‘adopt’ transit refugee camps, supporting displaced people until they find permanent shelter. “We have asked the private sector to sponsor […]
Chatting Away
Sri Lanka Telecom is minting foreign exchange revenue, due to a heavy flow of international voice and data calls to pick up the latest news since the tsunami struck on Boxing Day.Sri Lanka Telecom is minting foreign exchange revenue, due to a heavy flow of international voice and data calls to pick up the latest […]
Colin Powell says US contribution to rehabilitating Sri Lanka has already come to US$ 25mn
The US contribution to rehabilitating tsunami wrecked Sri Lanka comes to US$ 25 mn already, says outgoing US Secretary of State, Colin L.Powell. The US contribution to rehabilitating tsunami wrecked Sri Lanka comes to US$ 25 mn already, says outgoing US Secretary of State, Colin L. Powell. “The total US contribution so far is US$ […]
Top trade chamber lobbies the Treasury to let it bring in duty free relief
The Ceylon Chamber of Commerce is lobbying the Treasury to be included in a list of agencies allowed to bring in duty free relief shipments to help tsunami victims.The Ceylon Chamber of Commerce is lobbying the Treasury to be included in a list of agencies allowed to bring in duty free relief shipments to help […]
U.S. Delays Decision on Suspending Tsunami-Nation Debt Payments
The U.S. government will not back European-led calls for a suspension of debt repayments by tsunami- stricken countries until it determines whether that’s in the best interests of the nations involved, a U.S. Treasury spokesman said. The U.S. government will not back European-led calls for a suspension of debt repayments by tsunami- stricken countries until […]
Fitch Ratings cuts Sri Lanka’s economic growth target
The tsunami disaster, which left more than 30,000 people dead, will cut Sri Lanka’s economic growth by one percent this year, though the impact over the medium term will not be significant, says Fitch Ratings Lanka. The tsunami disaster, which left more than 30,000 people dead, will cut Sri Lanka’s economic growth by one percent […]
The Tamil Rehabilitation Organisation says the Sri Lankan army is ‘hampering’ aid to the North and the East and is ‘creating tension.’
As foreign aid jams the single international airport available, the Sri Lankan government and the LTTE, lock horns to gain control over relief supplies.As foreign aid jams the single international airport available, the Sri Lankan government and the LTTE, lock horns to gain control over relief supplies. The Tamil Rehabilitation Organisation (TRO) – a registered […]
The ADB pledges US $500 mn to Indonesia, Maldives, and Sri Lanka
The Asian Development Bank (ADB) pledges US 0 mn to Indonesia, Maldives, and Sri Lanka at the Jakarta donor conference on Thursday.The ADB said it will provide up to US $500 mn to Indonesia, Maldives, and Sri Lanka in the form of grants and highly concessional funds to rebuild after Decembers tsunamis. In addition, more […]
France, Germany and Britain lift travel warnings by end January.
France, Germany and Britain will lift its travel warnings on Sri Lanka by the end of this month, as the country tries to persuade travellers that it’s safe to come back.France, Germany and Britain will lift its travel warnings on Sri Lanka by the end of this month, as the country tries to persuade travellers […]
VVIP Weekend
A number of world leaders attending the emergency summit in Jakarta are due to arrive in Sri Lanka for a first-hand view of the island’s tsunami tragedy that killed more than 30,500 people, officials said.A number of world leaders attending the emergency summit in Jakarta are due to arrive in Sri Lanka for a first-hand […]