Category: Economy

Last week’s tidal waves have eaten into stretches of shoreline, meaning Sri Lanka may have to re-draw those lines on its map, as it assesses the extent of coastal damage.Last week’s tidal waves have eaten into stretches of shoreline, meaning Sri Lanka may have to re-draw those lines on its map, as it assesses the […]

Flash floods crippled relief work in eastern Sri Lanka dealing a double blow to tsunami survivors as another 14,000 people were reported missing apart from the nearly 29,000 confirmed dead.Flash floods crippled relief work in eastern Sri Lanka dealing a double blow to tsunami survivors as another 14,000 people were reported missing apart from the […]

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 […]

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 […]

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 […]

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,” […]

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 […]

Bodyguards whisked Sri Lanka’s prime minister away from a meeting with ethnic-Tamil tsunami quake victims Thursday after some victims hit journalists and a soldier with wooden poles.Bodyguards whisked Sri Lanka’s prime minister away from a meeting with ethnic-Tamil tsunami quake victims Thursday after some victims hit journalists and a soldier with wooden poles. Prime Minister […]

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 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 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 […]

Sri Lanka President Chandrika Kumaratunga Tuesday appealed for unity to rebuild her ethnically divided nation devastated by the tsunami which killed thousands.Sri Lanka President Chandrika Kumaratunga Tuesday appealed for unity to rebuild her ethnically divided nation devastated by the tsunami which killed thousands. In her first address to the nation since the tragedy struck Sunday, […]