Author: lbostgadmin
Invisible Lines
Three months on from the tsunami, the island’s surveyors are finding that their maps dating back to the 1930s are just not enough to assess the damage to the country’s coast. Three months on from the tsunami, the island’s surveyors are finding that their maps dating back to the 1930s are just not enough to […]
Abracadabra
State-run People’s Bank is counting on an asset revaluation plus a Rs. 8 bn cash injection from the Asian Development Bank to stay afloat in the coming years.State-run People’s Bank is counting on an asset revaluation plus a Rs. 8 bn cash injection from the Asian Development Bank to stay afloat in the coming years. […]
Top Insurer
The Insurance Board of Sri Lanka has posted Lasinee Seresinhe as it new Director General.The Insurance Board of Sri Lanka has posted Lasinee Seresinhe as it new Director General. Seresinhe was the Officer-in-Charge for the Insurance Board of Sri Lanka for over two years and has been serving the Securities and Exchange Commission (SEC) as […]
Millennium Challenge Corporation of US asks Sri Lanka to whip its economy into shape
Mar 31, 2005 (LBO) – The Millennium Challenge Corporation has asked Sri Lanka to whip its economic plan into suitable shape to access funds in its US$ 1 bn kitty. In 2003, Sri Lanka was among a first batch of 16 developing and least developed countries selected to apply for funding from the Millennium Challenge Account (MCA). […]
Looking East
Sri Lanka is hoping to attract more Chinese tourists to the tsunami-hit island with the introduction of direct air services to Beijing, a top official said Thursday.Sri Lanka is hoping to attract more Chinese tourists to the tsunami-hit island with the introduction of direct air services to Beijing, a top official said Thursday. Ceylon Tourist […]
Single Window
The birth of new financial services powerhouse that seeks to take capital-related activities to a new paradigm and across national borders, was announced today by the Bartleet Group, Sri Lanka’s pioneering financial services conglomerate.The birth of new financial services powerhouse that seeks to take capital-related activities to a new paradigm and across national borders, was […]
Second Window
The Commercial Bank of Ceylon has extended its reach in Bangladesh with the opening of a branch at the Bangladesh Export Processing Zone Authority (BEPZA) complex in Dhanmondi, a main commercial hub of Dhaka.The Commercial Bank of Ceylon has extended its reach in Bangladesh with the opening of a branch at the Bangladesh Export Processing […]
Fee Offer
Merchant Bank of Sri Lanka will expand its fee based capital market service portfolio in a tie up with Indian investment banking giant SBI Caps on Wednesday. Merchant Bank of Sri Lanka will expand its fee based capital market service portfolio in a tie up with Indian investment banking giant SBI Caps on Wednesday. Among […]
Sri Lanka evacuates its residents
Sri Lanka issued a tsunami warning to residents around the coast of the island as an earthquake measuring 8.5 on the Richter scale hit the west cost of northern Sumatra, Indonesia. Sri Lanka issued a tsunami warning to residents around the coast of the island as an earthquake measuring 8.5 on the Richter scale hit […]
Thailand is reporting that sea levels are receding, indicating that a tsunami could be expected.
Thailand is reporting that sea levels are receding, indicating that a tsunami could be expected. Thailand is reporting that sea levels are receding, indicating that a tsunami could be expected. Sri Lanka meanwhile has issued a tsunami warning and asked coastal residents to evacuate immediately, the Metrological department said on Monday. Deputy Director Lalith Chandrapala […]
Police say no receding water levels yet
It has been about two and half hours since the 8.2 earth quake that struck the northern coast of Indonesia with no receding water levels are reported. It has been about two and half hours since the 8.2 earth quake that struck the northern coast of Indonesia with no receding water levels are reported. The […]
Pacific Tsunami Warning Centre says there was no major tsunami’s observed except for a mimi wave on the Cocos Tide-gage.
The Pacific Tsunami Warning Centre in a second message said that there was no major tsunami’s observed except for a mimi wave on the Cocos Tide-gage.The Pacific Tsunami Warning Centre in a second message said that there was no major tsunami’s observed except for a mimi wave on the Cocos Tide-gage. “There has been no […]