Tag: economy

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 […]

An earthquake measuring 8.5 on the Richter scale rocked northern Sumatra in the same Indonesia region which provoked the Asian tsunami disaster in December, the US Geological Survey said Monday.An earthquake measuring 8.5 on the Richter scale rocked northern Sumatra in the same Indonesia region which provoked the Asian tsunami disaster in December, the US […]

AFP reports out from Jakarta said that a powerful earthquake measuring up to 8.5 on the Richter scale hit Indonesia’s tsunami-devasted Sumatra island late Monday, causing major panic and power blackouts, officials and reports said.AFP reports out from Jakarta said that a powerful earthquake measuring up to 8.5 on the Richter scale hit Indonesia’s tsunami-devasted […]

The AFP Japanese dest jest reported that an earthquake measuring 8.5 on the richter scale has rocked the Indian Ocean, triggering a tsunami warning, the Japanese Kyodo news service said Tuesday.The AFP Japanese dest jest reported that an earthquake measuring 8.5 on the richter scale has rocked the Indian Ocean, triggering a tsunami warning, the […]

Monday’s earthquake off the nothern tip of Indonesia has been described as an aftershock, one of many that has been shaking up the region since the 9.0 quake that killed over 200,000 people on the day after Christmas.Monday’s earthquake off the nothern tip of Indonesia has been described as an aftershock, one of many that […]