Category:
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 […]
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 […]
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 […]
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 […]
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, […]
Double Trouble
Sri Lanka’s insurance risk is under evaluation as international re-insurers take another look at the island’s potential risk from earthquakes, after an earthquake motivated tsunami wrecked havoc in the country.Sri Lanka’s insurance risk is under evaluation as international re-insurers take another look at the island’s potential risk from earthquakes, after an earthquake motivated tsunami wrecked […]
Sri Lanka Tsunami — Drifting Away
Sri Lankan government says it is has sufficient local health personnel to deal with the mental wounds of last Sunday’s deadly tsunami, a top official said.Sri Lankan government says it is has sufficient local health personnel to deal with the mental wounds of last Sunday’s deadly tsunami, a top official said. Dr. Athula Sumathipala, a […]
Sri Lanka “on top of disaster” as aid flood lifts tsunami relief
Sri Lanka said it had managed to bring the tsunami disaster under control as its foreign military-backed relief operations picked up and the central bank offered cheap credit to survivors to help foot a 1.3 billion dollar damage bill. Sri Lanka said it had managed to bring the tsunami disaster under control as its foreign […]
Sri Lanka’s Central Bank chips in with Rs. 5 bn concessionary loans to help revive tsunami hit SME sector
Sri Lanka’s Central Bank is stumping up Rs.5 bn through concessionary loans for small and medium sector affected by the Boxing Day tsunami. Sri Lanka’s Central Bank is stumping up Rs. 5 bn through concessionary loans for small and medium sector affected by the Boxing Day tsunami. Disbursed through local lending institutions, the loan comes […]
Canada considers opening its doors to tsunami orphans
The federal government is considering allowing families in Canada to bring over tsunami orphans to start a new life here, Immigration Minister Judy Sgro revealed yesterday.The federal government is considering allowing families in Canada to bring over tsunami orphans to start a new life here, Immigration Minister Judy Sgro revealed yesterday. The government may ease […]
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 […]