Tag: Finance

Panicked residents in Galle is running for safety as fresh tsunami fears emerge. An lbo correspondent near Karapitiya Hospital says patients have started to climb to the roof in search of safety Panicked residents in Galle is running for safety as fresh tsunami fears emerge. An lbo correspondent near Karapitiya Hospital says patients have started […]

Sri Lanka’s money markets opened for trading on Monday and Central Bank is standing by to provide liquidity needs of money and foreign exchange markets, officials said.Sri Lanka’s money markets opened for trading on Monday and Central Bank is standing by to provide liquidity needs of money and foreign exchange markets, officials said. But the […]

Sri Lanka has so far reported the highest loss of life from the tsunami that swept nations bordering the Indian Ocean on Sunday. LBO Cameras captured some scenes in the aftermath of the tidal wave that has so far killed over 4500. Sri Lanka has so far reported the highest loss of life from the […]

A team of six UN experts in humanitarian aid delivery is due in Sri Lanka today to assess the current situation and help the government draw up an international appeal for help. A team of six UN experts in humanitarian aid delivery is due in Sri Lanka today to assess the current situation and help […]

Panic that spread through Galle that tidal waves are re-emerging is easing slightly but police have turned away residents who attempted to return to the town. Eyewitnesses say police in Galle town are trying to clear up putrefying corpses as soon as possible.Already the stench of rotting bodies is in the air. Rotting bodies of […]

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 […]

A tidal wave had hit Sri Lanka coastal region putting broad swathes of low lying areas under water, eyewitness reports say. Initial reports indicate that areas ranging from Trincomalee, Yala, Galle and Kaluthara are affected. Residents of Dehiwala in the Suburbs of Colombo say sea levels have risen.The southern coastal regions are the main tourist […]

A Matara health official says at least 170 people are feared dead in the tidal wave that hit Sri Lanka’s eastern and southern coastal belt.A Matara health official says at least 170 people are feared dead in the tidal wave that hit Sri Lanka’s eastern and southern coastal belt. This adds to the over 300 […]

The Trincomale District Secretary told a local radio station that over 300 dead bodies had been recovered so far. The Trincomale District Secretary told a local radio station that over 300 dead bodies had been recovered so far. A estimated 136 bodies have been recovered in the Eastern coastal town of Kenniyai and over 200 […]

Police warned residents around the Kelani river to stay clear of low lying areas as sea water continues to flow inland after a massive tidal waves flooded eastern and southern Sri Lanka. Police warned residents around the Kelani river to stay clear of low lying areas as sea water continues to flow inland after a […]

Regional police stations are slapping on overnight curfews, to stop sightseers from crowding disaster areas and worse yet, to prevent a wave of looting in the tidal wave ravaged areas in Sri Lanka.Regional police stations are slapping on overnight curfews, to stop sightseers from crowding disaster areas and worse yet, to prevent a wave of […]

Sri Lankan officials are warning coastal residents to stay inland overnight after fresh tremors were reported in the Indian Ocean late Sunday. Tidal waves hit Sri Lanka during late morning local time but the new warning comes after officials of the Geological Survey and Mines Bureau of Sri Lanka reported fresh quakes around 6 to […]