Tag: business
Still no official estimates for tidal wave damage, Eyewitnesses say situation very bad
A tidal wave had hit Sri Lanka’s coastal regions killing hundreds and putting broad swathes of densely populated low lying areas under water.A tidal wave had hit Sri Lanka’s coastal regions killing hundreds and putting broad swathes of densely populated low lying areas under water. The Eastern Coast seems to be worst hit with authorities […]
Authorities are warning residents off coastal areas – says tidal waves can recur.
Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds, leaving thousands homeless. Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds, leaving thousands homeless. Curious residents from inland have started flocking to beaches to see the damage, […]
Sri Lankan authorities scramble to provide relief to tidal wave victims
Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds, leaving thousands homeless.Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds, leaving thousands homeless. Initial reports indicate that the tidal wave or tsunami may have been caused by […]
Tide flows out, but areas in the South waters of the Kelani river still flowing inland.
Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds and leaving thousands homeless.Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds and leaving thousands homeless. Though the tide has receded in some areas in the South waters […]
Sri Lanka says peace closer despite Tigers’ spurning of new offer
President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations.President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations. […]
‘ spurning of new offer
President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations.President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations. […]
Malnutrition spreads faster in Tiger territory: UN agency
The United Nations World Food Program Tuesday said that malnutrition was spreading at an alarming rate in Sri Lanka’s Tamil rebel-held regions with nearly one in five children suffering stunted growth.The United Nations World Food Program Tuesday said that malnutrition was spreading at an alarming rate in Sri Lanka’s Tamil rebel-held regions with nearly one […]
Sri Lanka in new bid to restart peace talks
Sri Lanka has made a new proposal to revive peace talks with Tamil Tiger rebels amid intense pressure from foreign aid donors, officials and a press report said Tuesday.Sri Lanka has made a new proposal to revive peace talks with Tamil Tiger rebels amid intense pressure from foreign aid donors, officials and a press report […]
Sri Lanka and Pakistan to tie the FTA knot by end December?
The free trade agreement with Pakistan is likely to be finalised by end of December, said the Treasury Secretary on Monday.The free trade agreement with Pakistan is likely to be finalised by end of December, said the Treasury Secretary on Monday. “Hopefully over the next two weeks we can finalise the FTA with Pakistan,” said […]
World Bank warns that Sri Lanka’s short election cycles and populist policies may turn the island into a banana republic
A multilateral lender has warned that Sri Lanka’s increasingly short election cycles and populist policies are threatening to turn the island into an unstable Latin American-style republic. A multilateral lender has warned that Sri Lanka’s increasingly short election cycles and populist policies are threatening to turn the island into an unstable Latin American-style republic. “The […]
Foreign donors put Sri Lanka on notice amid war fears
International donors are warning the Sri Lankan government that it risks returning to war if it does not overcome opposition from coalition allies and resume peace talks with Tamil Tiger rebels, analysts and diplomats said.International donors are warning the Sri Lankan government that it risks returning to war if it does not overcome opposition from […]
Haphazard reform saddles Sri Lanka with skewed growth and persistent poverty.
Haphazard reform has saddled Sri Lanka with unequal and skewed growth, the World Bank says in its new country report.Haphazard reform has saddled Sri Lanka with unequal and skewed growth, the World Bank says in its new country report. “There has been enough growth in Sri Lanka to have already achieved the millennium development goals […]