Author: lbostgadmin
UN asking for US$ 33.1 mn for Sri Lanka at Jakarta donors conference, Thursday
Sri Lanka is hoping to raise US$ 33.1 mn in initial aid, to rebuild the islands tsunami ravaged essential infrastructure, at a United Nations (UN) ‘flash appeal’ in Jakarta, Indonesia, on Thursday.Sri Lanka is hoping to raise US$ 33.1 mn in initial aid, to rebuild the islands tsunami ravaged essential infrastructure, at a United Nations […]
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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 […]
‘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 […]
Government revenue is not likely to take a hit as foreign aid floods in.
Government revenue is not expected to take too much of a hit as donors pledge over US$ 1 bn in foreign aid to re-build tsunami stricken areas along the coast.Government revenue is not expected to take too much of a hit as donors pledge over US$ 1 bn in foreign aid to re-build tsunami stricken […]
Tidal Bells
Fitch Ratings Lanka says it may review Sri Lanka Telecom’s credit rating, though the Rs. 750 mn tidal wave repair bill does not alter its credit profile. Fitch Ratings Lanka says it may review Sri Lanka Telecom’s credit rating, though the Rs. 750 mn tidal wave repair bill does not alter its credit profile. The […]
In the line of Duty
The year 2004 was the deadliest year for journalists in a decade, with 53 journalists and 15 media assistants killed, including 2 in Sri Lanka, a non profit organization promoting media freedom has revealed.The year 2004 was the deadliest year for journalists in a decade, with 53 journalists and 15 media assistants killed, including 2 […]
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 […]
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 […]
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 […]
Canada considers opening its doors to tsunami orphans
The federal government is considering allowing families in Canada to bring over tsunami orphans to start a new life here, Immigration Minister Judy Sgro revealed yesterday.The federal government is considering allowing families in Canada to bring over tsunami orphans to start a new life here, Immigration Minister Judy Sgro revealed yesterday. The government may ease […]
Sri Lanka’s Central Bank chips in with Rs. 5 bn concessionary loans to help revive tsunami hit SME sector
Sri Lanka’s Central Bank is stumping up Rs.5 bn through concessionary loans for small and medium sector affected by the Boxing Day tsunami. Sri Lanka’s Central Bank is stumping up Rs. 5 bn through concessionary loans for small and medium sector affected by the Boxing Day tsunami. Disbursed through local lending institutions, the loan comes […]
Sri Lanka “on top of disaster” as aid flood lifts tsunami relief
Sri Lanka said it had managed to bring the tsunami disaster under control as its foreign military-backed relief operations picked up and the central bank offered cheap credit to survivors to help foot a 1.3 billion dollar damage bill. Sri Lanka said it had managed to bring the tsunami disaster under control as its foreign […]