Tag: business

Sri Lanka’s economic growth in last quarter of 2004 plummeted to 4.4 percent, and annual GDP growth fell to 5.4 percent, compared to a revised GDP growth number for 2003 of 6 percent.Sri Lanka’s economic growth in last quarter of 2004 plummeted to 4.4 percent, and annual GDP growth fell to 5.4 percent, compared to […]

Sri Lanka’s economic growth in last quarter of 2004 plummeted to 4.4 percent, and annual GDP growth fell to 5.4 percent, compared to a revised GDP growth number for 2003 of 6 percent.Sri Lanka’s economic growth in last quarter of 2004 plummeted to 4.4 percent, and annual GDP growth fell to 5.4 percent, compared to […]

The headlong rise in inflation showed signs of slowing in March as the point to point increase in Colombo inflation (CCPI) for the last 12 months shifted down slightly to 15.5 per cent from 15.9 per cent a month before, Central Bank said.The headlong rise in inflation showed signs of slowing in March as the […]

Sri Lanka needs fiscal discipline and bipartisan consensus on economic policy to replicate the success of other fast growing economies, a top private sector professional said.Sri Lanka needs fiscal discipline and bipartisan consensus on economic policy to replicate the success of other fast growing economies, a top private sector professional said. Drawing parallels with the […]

Sri Lanka issued a tsunami warning to residents around the coast of the island as an earthquake measuring 8.5 on the Richter scale hit the west cost of northern Sumatra, Indonesia. Sri Lanka issued a tsunami warning to residents around the coast of the island as an earthquake measuring 8.5 on the Richter scale hit […]

Thailand is reporting that sea levels are receding, indicating that a tsunami could be expected. Thailand is reporting that sea levels are receding, indicating that a tsunami could be expected. Sri Lanka meanwhile has issued a tsunami warning and asked coastal residents to evacuate immediately, the Metrological department said on Monday. Deputy Director Lalith Chandrapala […]

It has been about two and half hours since the 8.2 earth quake that struck the northern coast of Indonesia with no receding water levels are reported. It has been about two and half hours since the 8.2 earth quake that struck the northern coast of Indonesia with no receding water levels are reported. The […]

The Pacific Tsunami Warning Centre in a second message said that there was no major tsunami’s observed except for a mimi wave on the Cocos Tide-gage.The Pacific Tsunami Warning Centre in a second message said that there was no major tsunami’s observed except for a mimi wave on the Cocos Tide-gage. “There has been no […]

It is now just over three hours since the 8.2 earth quake that struck the northern coast of Indonesia with no significant drop in sea water levels are reported. It is now just over three hours since the 8.2 earth quake that struck the northern coast of Indonesia with no significant drop in sea water […]

Thousands of coastal residents in Sri Lanka fled their coastal homes Tuesday after the government issued a tsunami alert following a powerful quake off the Indonesian island of Sumatra.Thousands of coastal residents in Sri Lanka fled their coastal homes Tuesday after the government issued a tsunami alert following a powerful quake off the Indonesian island […]

Sri Lanka reactivated its dormant Bribery Commission by appointing retired Supreme Court Judge Ameer Ismail to head the three member panel.Sri Lanka reactivated its dormant Bribery Commission by appointing retired Supreme Court Judge Ameer Ismail to head the three member panel. With Ismail’s appointment, the “three-member Commission to Investigate Allegations of Bribery and Corruption (CIABOC) […]

The Pacific Tsunami Warning Centre just announced that land masses within a 1000 km radius of northern Sumatra could be at risk from a tsunami following an that earthquake struck the East Asian nation just pst 10 pm Sri Lankan Time.The Pacific Tsunami Warning Centre just announced that land masses within a 1000 km radius […]