Category: Industry
SLT is Ready
Sri Lanka Telecom (SLT) estimates network damage due to tsunamis at Rs.750 million but says it will continue to expand aggressively.Sri Lanka Telecom (SLT) estimates network damage due to tsunamis at Rs. 750 million but says it will continue to expand aggressively. SLT Chairman Anil Obeyesekere told LBR the company is not making any changes […]
Sri Lanka Tourist Board vowed to make a quick and painless recovery from the devastating tsunami wave damage to one third of the country’s hotel rooms
Sri Lanka Tourist Board vowed to make a quick and painless recovery from the devastating tsunami wave damage to one third of the country’s hotel rooms.Sri Lanka Tourist Board vowed to make a quick and painless recovery from the devastating tsunami wave damage to one third of the country’s hotel rooms. Tourism is Sri Lanka’s […]
Sri Lank Tsunami – Free Ride
National carrier SriLankan Airlines is waiving off ground handling charges on all relief cargo that arrive at the Bandaranaike International Airport, as part of its efforts to help the tidal wave wreaked island.National carrier SriLankan Airlines is waiving off ground handling charges on all relief cargo that arrive at the Bandaranaike International Airport, as part […]
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 […]
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 […]
Sri Lanka Tsunami – Little Dip
Sri Lanka Telecom hopes to fork out over Rs. 25 mn each for the next three months to restore services in areas struck by Sunday’s tsunami. Sri Lanka Telecom hopes to fork out over Rs. 25 mn each for the next three months to restore services in areas struck by Sunday’s tsunami. Sri Lanka’s dominant […]
Hold It
Sri Lanka decides to stop international donations of food and selected medical items and focus on other areas of shortage to rehabilitate tsunami victims.Sri Lanka decides to stop international donations of food and selected medical items and focus on other areas of shortage to rehabilitate tsunami victims. “We have temporarily discontinued foreign aid in some […]
Sri Lanka Tsunami – Patchwork
Tsunami hit Sri Lanka’s top donors led by the World Bank plans to roll out emergency recovery credit facilities together with a quick donors meeting to assess the damage caused by killer waves last Sunday. Tsunami hit Sri Lanka’s top donors led by the World Bank plans to roll out emergency recovery credit facilities together […]