Author: lbostgadmin
‘s growth in 2005, Central Bank says
Over 28,000 dead, tens and thousands missing, and a US$ 1 bn reconstruction bill, but tsunami stricken Sri Lanka is confident of bouncing back with a 0.5 percent drop in gross domestic product next year. Over 28,000 dead, tens and thousands missing, and a US$ 1 bn reconstruction bill, but tsunami stricken Sri Lanka is […]
Sri Lanka Tsunami — Yankee Doodle
The United States is sending around 1,500 marines, 20 helicopters and US$ 2.6 mn in emergency aid to help tsunami hit Sri Lanka get back on its feet. The United States is sending around 1,500 marines, 20 helicopters and US$ 2.6 mn in emergency aid to help tsunami hit Sri Lanka get back on its […]
World Bank says it will give US$ 250mn to tsunami hit nations
The World Bank says it will give US$ 250mn to tsunami affected countries to meet urgent rehabilitation work for the next six months.The World Bank says it will give US$ 250mn to tsunami affected countries to meet urgent rehabilitation work for the next six months. “This amount will cover the next six months while further […]
Shell Aid
The Royal Dutch Shell Group will give US$ 3 mn to disaster relief efforts in Asia, with part of the funds coming through special schemes on fuel.The Royal Dutch Shell Group will give US$ 3 mn to disaster relief efforts in Asia, with part of the funds coming through special schemes on fuel. Of the […]
Rained In
Torrential rains threaten to hamper relief work and raise the risk of disease in the Eastern coastal belt of Sri Lanka.Torrential rains threaten to hamper relief work and raise the risk of disease in the Eastern coastal belt of Sri Lanka. The Metrological Department told Lanka Business Online on Friday that heavy rains were forecasted […]
Sri Lanka Tsunami – Building Fund
Putting Sri Lanka together again after Sunday’s tsunami will cost US$ 1 bn says the island’s President Chandrika Kumaratunga.Putting Sri Lanka together again after Sunday’s tsunami will cost US$ 1 bn says the island’s President Chandrika Kumaratunga. “The reconstruction process will cost around hundred billion rupees,” says Kumaratunga told journalists after a visit to the […]
Sri Lanka Tsunami – Emergency Help
Sri Lanka picked up a US$ 100 mn cheque from the World Bank on Friday to provide emergency relief to people struck by the Sunday’s deadly tsunami. Sri Lanka picked up a US$ 100 mn cheque from the World Bank on Friday to provide emergency relief to people struck by the Sunday’s deadly tsunami. The […]
Sri Lanka Tsunami – Generous Hand
Faced with a staggering US$ 1 bn reconstruction bill, Sri Lankan government is floating a diaspora fund, to reach out expatriates willing to help out in rebuilding the tsunami stricken Southern and Eastern coastal belts. Faced with a staggering US$ 1 bn reconstruction bill, Sri Lankan government is floating a diaspora fund, to reach out […]
‘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 […]
A top Sri Lankan Trade Chamber has called for political unity in a deeply divided nation
A top Sri Lankan Trade Chamber has called for political unity in a deeply divided nation which is reeling from a catastrophic tidal wave that has cost tens of thousands of lives and caused billions of rupees of damage to the economy.A top Sri Lankan Trade Chamber has called for political unity in a deeply […]
No tsunami danger to Sri Lanka right now say local authorities
The National Geological Mines Bureau dispels rumours of another tsunami coming to Sri Lankan coasts on Thursday.The National Geological Mines Bureau dispels rumours of another tsunami coming to Sri Lankan coasts on Thursday. “We called the Hawaii earthquake monitoring centre only about half an hour ago and they said there is nothing to worry about,” […]
SAARC to set up pre-warning system against tsunamis
South Asian countries will look at setting up a pre-warning system against tsunamis, for the SAARC region, next week.South Asian countries will look at setting up a pre-warning system against tsunamis, for the SAARC region, next week. “SAARC countries will discuss how the region can set up its own pre-warning system this time,” said Thilak […]