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Cautious Capital
Sri Lanka’s interbank markets are quoting clean money at 9 and repo at 8.125 after market opened for trading.Sri Lanka’s interbank markets are quoting clean money at 9 and repo at 8.125 after market opened for trading. The foreign exchange markets yet to become active but officials say the Central Bank is ready to provide […]
It’s the day of death in the Paradise isle on Monday, with bodies of some 70 foreign tourists recovered so far
It’s the day of death in the Paradise isle on Monday with the body count of locals and foreigners rising as the seawaters subsided following tidal wave that has taken over 5,000 lives and displaced over a million people in Sri Lanka.It’s the day of death in the Paradise isle on Monday with the body […]
‘s Hope
Sri Lanka’s booming tourism industry and its markets are likely to take an initial beating from Sunday’s devastating tsunami, which killed an estimated 11,500 and left more than a million homeless in the island nation of 19 million.Sri Lanka’s booming tourism industry and its markets are likely to take an initial beating from Sunday’s devastating […]
Day2 Update 7 – Free Chat
Sri Lanka Telecom is offering free calls to people who call over at their regional offices located in areas affected by a tidal wave that swept through the island on Sunday leaving over 14,000 dead and millions homeless.Sri Lanka Telecom is offering free calls to people who call over at their regional offices located in […]
‘s tsunami
Securities and Exchange Commission (SEC) Director General Palitha Silva Gunawardana are among the missing in the aftermath of Sunday’s tidal wave.Securities and Exchange Commission (SEC) Director General Palitha Silva Gunawardana are among the missing in the aftermath of Sunday’s tidal wave. The SEC chief was reportedly holidaying with his wife near the Yala National Park […]
Tidal wave hit Sri Lanka, could count on Western Province to drive economic recovery
The tidal wave that hit Sri Lanka Sunday has ravaged the economies of several coastal provinces though the overall impact on the economy may be mitigated as the Western Province, which accounts for half the nation’s GDP has been spared. District
Government gives Sri Lankans money to bury their dead
The government says it will give Rs10,000 for the burial of every local person killed by the tidal wave on Sunday.The government says it will give Rs10,000 for the burial of every local person killed by the tidal wave on Sunday. “We are giving Rs 10,000 for each body so that they can be buried […]
Sri Lanka’s Central Bank has put together a top level team to assess the economic impact following a tidal wave that left over 14,000 dead and displaced millions of people
Sri Lanka’s Central Bank has put together a top level team to assess the economic impact following a tidal wave that left over 14,000 dead and displaced millions of people.Sri Lanka’s Central Bank has put together a top level team to assess the economic impact following a tidal wave that left over 14,000 dead and […]
Opposition UNP will work with the Govenment to emerge from the disaster
Sri Lanka’s opposition United National Party has pledged support to the government and expressed confidence that the country can emerge from the disaster by remaining resolute and moving forward with the support of the international community.Sri Lanka’s opposition United National Party has pledged support to the government and expressed confidence that the country can emerge […]
Local authorities have started mass burials of tsunami victims in Southern Sri Lanka which are piling up unclaimed in hospital in coastal areas as the death toll continues to mount
Local authorities have started mass burials of tsunami victims in Southern Sri Lanka which are piling up unclaimed in hospital in coastal areas as the death toll continues to mount.Local authorities have started mass burials of tsunami victims in Southern Sri Lanka which are piling up unclaimed in hospital in coastal areas as the death […]