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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 – 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 […]
Bodyguards whisks Sri Lankan premier away from a meeting with Tamil tsunami quake victims
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 […]
SAARC to set up pre-warning system against tsunamis
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 […]
No tsunami danger to Sri Lanka right now say local authorities
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,” […]
A top Sri Lankan Trade Chamber has called for political unity in a deeply divided nation
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 […]
‘s war machine gears for relief as tsunami toll nears 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 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 […]
S&P revises Sri Lanka Telecom outlook to negative
International rating agency Standard & Poor’s Ratings Services on Tue. revised Sri Lanka Telecom’s rating outlook to negative from stable. International rating agency Standard & Poor’s Ratings Services on Tue. revised Sri Lanka Telecom’s rating outlook to negative from stable. SLT has a B+ rating for its foreign currency debt and a BB- rating for […]
Round the Bend
Sunday’s tsunami has uprooted Sri Lanka’s transport systems and left the railway with damages mounting over Rs 6 bn.Sunday’s tsunami has uprooted Sri Lanka’s transport systems and left the railway with damages mounting over Rs 6 bn. “There are extensive damages to the coastal rail system,”said Priyal de Silva, General Manager, Sri Lanka Railways. “The […]
Wash Out?
Tsunami-hit Sri Lanka has claimed over 20,000 lives, with the insurance industry receiving claims for over Rs.5 bn so far. Tsunami-hit Sri Lanka has claimed over 20,000 lives, with the insurance industry receiving claims for over Rs. 5 bn so far. While the economic losses are expected to be enormous, the insurance losses arising from […]
Sri Lankan Tsunami – Aid Drip
The Asian Development Bank said it will re-allocate existing funds of up to US$ 25 mn so that urgent aid can be rolled out quickly to disaster hit areas.The Asian Development Bank said it will re-allocate existing funds of up to US$ 25 mn so that urgent aid can be rolled out quickly to disaster […]
Eleven hotels resume operations in the South
Eleven hotels resumed operations in the South after Sunday’s tidal wave caused widespread destruction along the coast and a death toll touching 25,000. Location Hotels in Operation Hotels out of Operation Bent