Category: Industry
Sri Lanka Tsunami – Aid Drip
Initial WHO estimates say that Sri Lanka will need US$ 20 mn to meet immediate health needs over the next three months, in all districts affected by last month’s tsunami.Initial WHO estimates say that Sri Lanka will need US$ 20 mn to meet immediate health needs over the next three months, in all districts affected […]
Digging Deep
Visiting World Bank President James D Wolfensohn down played possibilities of writing off US$ 600 mn worth of interest payments due from Sri Lanka, but said the island nation should focus on getting grant assistance to rebuild the tsunami hit areas.“We are considering debt relief, about US$ 600 mn is due from Sri Lanka this […]
Chatting Away
Sri Lanka Telecom is minting foreign exchange revenue, due to a heavy flow of international voice and data calls to pick up the latest news since the tsunami struck on Boxing Day.Sri Lanka Telecom is minting foreign exchange revenue, due to a heavy flow of international voice and data calls to pick up the latest […]
Shifting Home
Sri Lanka’s top trade chamber has asked its private sector members to ‘adopt’ transit refugee camps, supporting displaced people until they find permanent shelter.Sri Lanka’s top trade chamber has asked its private sector members to ‘adopt’ transit refugee camps, supporting displaced people until they find permanent shelter. “We have asked the private sector to sponsor […]
‘s Honour
Sri Lanka’s tsunami struck insurance industry has opted not to dip into the treasury controlled strike terrorism and riot cover fund, to settle part of the Rs.10 bn tidal wave claims. Sri Lanka’s tsunami struck insurance industry has opted not to dip into the treasury controlled strike terrorism and riot cover fund, to settle part […]
Scout’s Honour
Sri Lanka’s tsunami struck insurance industry has opted not to dip into the treasury controlled strike terrorism and riot cover fund, to settle part of the Rs.10 bn tidal wave claims. Sri Lanka’s tsunami struck insurance industry has opted not to dip into the treasury controlled strike terrorism and riot cover fund, to settle part […]
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 […]
Hitting the Road
The Highway’s Ministry says it will abandon an existing proposal to reconstruct damaged coastal roads in favour of long term infrastructure projects.The Highway’s Ministry says it will abandon an existing proposal to reconstruct damaged coastal roads in favour of long term infrastructure projects. In the south, officials say a four lane road project between Wadduwa […]
Aid Jam
A stock of rice from Singaporeans sits at the Katunayake cargo hold before dispatch. Relief aid for tsunami victims floods in from over 40 countries. Cargo flights carrying relief are still rushing in, as an emergency team works to keep Sri Lanka’s single airport from choking on the aid and blocking urgent supplies. A […]