Author: LBO
Sri Lanka’s war machine gears for relief as tsunami toll nears 22,500
Sri Lanka mobilised its entire public service and the military into an internationally-backed relief operation to stave off hunger and disease as the tsunami death toll neared 22,500. Sri Lanka mobilised its entire public service and the military into an internationally-backed relief operation to stave off hunger and disease as the tsunami death toll neared […]
Sri Lanka’s death toll from Sunday’s killer tidal wave, may be much higher
Sri Lanka’s death toll from Sunday’s killer tidal wave, may be much higher than initially expected, government officials told state television Tuesday morning.Sri Lanka’s death toll from Sunday’s killer tidal wave, may be much higher than initially expected, government officials told state television Tuesday morning. Death tolls were put around 10,000 on Monday but a […]
Indonesia may overtake Sri Lanka’s casualty rate following Sunday’s massive tidal wave
Indonesia’s death toll of 25,000 people may be higher than Sri Lanka’s body count, following the earthquake and tidal wave that struck on Boxing Day, which left tens of thousands of people dead, injured or missing.Indonesia’s death toll of 25,000 people may be higher than Sri Lanka’s body count, following the earthquake and tidal wave […]
Images taken after Sunday’s tidal wave
Sri Lanka has so far reported the highest loss of life from the tsunami that swept nations bordering the Indian Ocean on Sunday. LBO Cameras captured some scenes in the aftermath of the tidal wave that has so far killed over 4500. Sri Lanka has so far reported the highest loss of life from the […]
Day2 Update 9 – There’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 […]
SEC Chief among the missing after Sunday’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 […]
Sri Lanka says peace closer despite Tigers’ spurning of new offer
President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations.President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations. […]
War drums dampen Sri Lanka’s tourism cheer in the New Year
Sri Lanka’s tourism industry is set to wrap up its best year ever thanks to a truce between troops and Tiger rebels, but fears of a return to war have made the flourishing sector jittery once again.Sri Lanka’s tourism industry is set to wrap up its best year ever thanks to a truce between troops […]
FTA with Pakistan in honour of President’s visit
Pakistan and Sri Lanka will meet next week to tie up a free trade agreement between the two countries by the time Sri Lanka’s President pays a visit to Pakistan next year. Pakistan and Sri Lanka will meet next week to tie up a free trade agreement between the two countries by the time Sri […]
Sri Lanka’s call rates, touched 9.38 per cent in late trading on Tuesday, despite massive excess liquidity in the system, traders said
Sri Lanka’s call rates, touched 9.38 per cent in late trading on Tuesday, despite massive excess liquidity in the system, traders said. Sri Lanka’s call rates, touched 9.38 per cent in late trading on Tuesday, despite massive excess liquidity in the system, traders said. Central Bank’s policy rate is 9.00 per cent, but some banks […]
Pouring petrol to the country’s galloping inflation
Sri Lanka’s opposition United National Party says the budget has poured petrol to the country’s galloping inflation, and the government may have to push the country to war to distract the people.Sri Lanka’s opposition United National Party says the budget has poured petrol to the country’s galloping inflation, and the government may have to push […]
Waters’ Edge
A spate of floods and drought affected the agriculture sector output in the last few years.A spate of floods and drought affected the agriculture sector output in the last few years. The sector is expected to record negative growth this year according to the Finance Ministry. Farmers who depend on rain to grow their crops […]