Tag: business
Fresh fears of war in Sri Lanka amid slaying of top Tiger
Sri Lanka Tuesday expressed fears of a return to war after the slaying of a top Tiger rebel amid moves by peace broker Norway and foreign lenders to rebuild the war-ravaged and tsunami-hit nation.Sri Lanka Tuesday expressed fears of a return to war after the slaying of a top Tiger rebel amid moves by peace […]
‘s economy
The Indian Ocean tsunamis killed 31,000 people in Sri Lanka and caused unprecedented damage, but were also a blessing to its economy which had been heading for a major catastrophe, according to analysts.The Indian Ocean tsunamis killed 31,000 people in Sri Lanka and caused unprecedented damage, but were also a blessing to its economy which […]
Water Works
Australia is giving away 70 water purifiers, each worth A$ 5,000, to tsunami affected communities. Australia is giving away 70 water purifiers, each worth A$ 5,000, to tsunami affected communities. “Initially we are hoping to introduce 70 units but there would be more later,” said Adrian Cohen from the Australian medical risk management company, Immediate […]
Tsunami a blessing in disguise for Sri Lanka’s economy
The Indian Ocean tsunamis killed 31,000 people in Sri Lanka and caused unprecedented damage, but were also a blessing to its economy which had been heading for a major catastrophe, according to analysts.The Indian Ocean tsunamis killed 31,000 people in Sri Lanka and caused unprecedented damage, but were also a blessing to its economy which […]
The government is hoping to decide the fate of previously approved and now invalid coastal building projects, including hotels, on Tuesday
The government is hoping to decide the fate of previously approved and now invalid coastal building projects, including hotels, on Tuesday. The government is hoping to decide the fate of previously approved and now invalid coastal building projects, including hotels, on Tuesday. “We are meeting tomorrow (Tuesday) to decide what to do about coastal development […]
Tsunami survivors protest corrupt aid distribution
Hundreds of tsunami survivors in Sri Lanka took to the streets in southern Matara district to protest corrupt aid distribution, police said.Hundreds of tsunami survivors in Sri Lanka took to the streets in southern Matara district to protest corrupt aid distribution, police said. The demonstration came as the government admitted 70 percent of victims had […]
The East coast will take up to 40 percent of rebuilding spend, with the tsunami bill at a final US$ 1.5 bn
Sri Lanka’s top donors say the East coast will take up to 40 percent of the country spend on rebuilding, with the tsunami re-construction bill at a final US$ 1.5 bn. The Central Bank has estimated that the combined effect of the tsunami will shave off less than a percentage point of GDP this year. […]
‘s ruling Marxists demand probe on foreign tsunami volunteers
Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused Tiger rebels of importing war-machinery under the guise of aid.Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused […]
Japan urges Sri Lanka to use tsunami to push for peace
Japan Tuesday urged Sri Lanka’s government and Tamil Tiger rebels to use the tsunami to unite and to push the Norwegian-backed peace process forward.Japan Tuesday urged Sri Lanka’s government and Tamil Tiger rebels to use the tsunami to unite and to push the Norwegian-backed peace process forward. Japan, the island’s largest foreign aid donor, said […]
Sri Lanka’s ruling Marxists demand probe on foreign tsunami volunteers
Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused Tiger rebels of importing war-machinery under the guise of aid.Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused […]
Power struggle over tsunami aid to Tiger territory: sources
A battle for control of tsunami relief aid has dimmed prospects of reviving Norwegian-backed peace talks between Tamil Tiger rebels and the Colombo government, sources close to the rebels said Sunday.A battle for control of tsunami relief aid has dimmed prospects of reviving Norwegian-backed peace talks between Tamil Tiger rebels and the Colombo government, sources […]
Millions of rupees in cash, and in the form of relief items, go missing on the way to the tsunami-struck east coast
Millions of rupees in cash, and in the form of relief items, have mysteriously disappeared on route to the tsunami-struck east, says the government.Millions of rupees in cash, and in the form of relief items, have mysteriously disappeared on route to the tsunami-struck east, says the government. David Muller, the United Nations coordinator working with […]