Tag: lankabusinessonline

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 […]

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 […]

Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a deal on disbursing tsunami relief was possible. Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a […]

Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a deal on disbursing tsunami relief was possible. Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a […]

Employers blasted the governments watered down hire and fire polices, they say, will scare foreign investors and be a bottleneck for restructuring sick businesses.Employers blasted the governments watered down hire and fire polices, they say, will scare foreign investors and be a bottleneck for restructuring sick businesses. Top chambers led by the Joint Business Forum […]

Asia’s economic growth rates of as much as 10 percent are causing pollution, stripping forests, depleting fisheries resources and causing other unsustainable environmental losses, a senior United Nations official said. Asia’s economic growth rates of as much as 10 percent are causing pollution, stripping forests, depleting fisheries resources and causing other unsustainable environmental losses, a […]

India’s US $ 400 mn Sethusamudram canal is aimed at improving Indian security and will not threaten Sri Lanka economically, say experts. India’s US $ 400 mn Sethusamudram canal is aimed at improving Indian security and will not threaten Sri Lanka economically, say experts. Local experts say Sethusamudram will only accommodate feeder vessels and the […]

Industrial Development Board says micro, small, medium and large scale industries damaged by the December tsunami need a minimum Rs. 1.2 bn to reestablish their businesses.Industrial Development Board says micro, small, medium and large scale industries damaged by the December tsunami need a minimum Rs. 1.2 bn to reestablish their businesses. The findings are part […]