Category: Industry
Band Aid
The Paris Club group of creditors will examine a debt moratorium for Indonesia and Sri Lanka, the two countries hardest hit by a tsunami in southern Asia, when it meets on Jan. 12, French Finance Minister Herve Gaymard said. The Paris Club group of creditors will examine a debt moratorium for Indonesia and Sri Lanka, […]
Sri Lanka Tsunami — Help Us
Sri Lanka has asked for around US$ 320 mn worth of assistance from the International Monetary Fund to partially ease the US$ 1.5 bn tsunami reconstruction bill, a top official said. Sri Lanka has asked for around US$ 320 mn worth of assistance from the International Monetary Fund to partially ease the US$ 1.5 bn […]
Flying Low
US helicopters began flying in Sri Lanka as part of a military operation to boost the island’s tsunami relief work, officials said.US helicopters began flying in Sri Lanka as part of a military operation to boost the island’s tsunami relief work, officials said. Two Black Hawk aircraft were seen flying near the international airport outside […]
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 […]
High Flyers
World Bank’s President James D Wolfesnsohn is due in Sri Lanka in the coming days as part of its tour to countries hit by tidal waves and participate in the ASEAN tsunami donor conference on Thursday.World Bank’s President James D Wolfesnsohn is due in Sri Lanka in the coming days as part of its tour […]
Sri Lanka trying to regain its place as a tourist paradise
Eight days after panic evacuation of tourists from Sri Lanka, travel agents and tour operators are cautiously looking at the possibility of re-selling the island.Eight days after panic evacuation of tourists from Sri Lanka, travel agents and tour operators are cautiously looking at the possibility of re-selling the island. “Two large tour operators, from the […]
Phone Jam
Phone networks got jammed after the tragic incidents on Sunday as millions of Sri Lankans got on the phone to check on loved ones and get the latest news.Phone networks got jammed after the tragic incidents on Sunday as millions of Sri Lankans got on the phone to check on loved ones and get the […]
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 – Running Dry
Fuel tanks at Sri Lanka’s sole international airport went dry on Sunday, due to an unusual high demand of cargo flights carrying emergency supplies for tsunami affected victims, officials said. Fuel tanks at Sri Lanka’s sole international airport went dry on Sunday, due to an unusual high demand of cargo flights carrying emergency supplies for […]