Tag: lankabusinessonline

Though the threat of a major tidal waves is receding, Sri Lankan officials are advising people on the coast to be vigilant. The Sumatra/Andaman Island area is still active, with the last quake being reported in the early hours of Tuesday, though the magnitude of the waves have fallen to around 5-6 on the Richter […]

The Colombo Exchange went into the red as investors sank their hotel sector stocks Tuesday, the first day of trading since Sunday’s tsunami that wiped off most the Sri Lanka’s east and south coast.The Colombo Exchange went into the red as investors sank their hotel sector stocks Tuesday, the first day of trading since Sunday’s […]

Relief organizations working in Sri Lanka are appealing for volunteer medical practitioners to go into tsunami struck areas as the risk of disease mounts.Relief organizations working in Sri Lanka are appealing for volunteer medical practitioners to go into tsunami struck areas as the risk of disease mounts. Sarvodaya, one of Sri Lanka’s most active charities […]

Wildlife officers found a 13-year-old boy Tuesday morning, the only survivor of the deadly tsunami hit Yala National Park. Wildlife officers found a 13-year-old boy Tuesday morning, the only survivor of the deadly tsunami hit Yala National Park. According to park officials deadly tsunamis leapt 2 km inside the park ripping out everything in its […]

Indonesia’s death toll of 25,000 people may be higher than Sri Lanka’s body count, following the earthquake and tidal wave that struck on Boxing Day, which left tens of thousands of people dead, injured or missing.Indonesia’s death toll of 25,000 people may be higher than Sri Lanka’s body count, following the earthquake and tidal wave […]

The World Food Programme (WFP) stepped in on Monday to feed 400,000 people displaced by tidal waves in Sri Lanka.The World Food Programme (WFP) stepped in on Monday to feed 400,000 people displaced by tidal waves in Sri Lanka. “The WFP is to provide nearly 4,000 metric tons of rice, wheat, lentils, and sugar valued […]

Sri Lanka’s death toll from Sunday’s killer tidal wave, may be much higher than initially expected, government officials told state television Tuesday morning.Sri Lanka’s death toll from Sunday’s killer tidal wave, may be much higher than initially expected, government officials told state television Tuesday morning. Death tolls were put around 10,000 on Monday but a […]

The Banking sector is mooting plans for a fund to meet immediate rebuilding needs in the hotel sector in the tidal wave affected south and east of Sri Lanka.The Banking sector is mooting plans for a fund to meet immediate rebuilding needs in the hotel sector in the tidal wave affected south and east of […]

Indonesia’s death toll of 25,000 people may be higher than Sri Lanka’s body count, following the earthquake and tidal wave that struck on Boxing Day, which left tens of thousands of people dead, injured or missing.Indonesia’s death toll of 25,000 people may be higher than Sri Lanka’s body count, following the earthquake and tidal wave […]

Sri Lanka’s death toll from Sunday’s killer tidal wave, may be much higher than initially expected, government officials told state television Tuesday morning.Sri Lanka’s death toll from Sunday’s killer tidal wave, may be much higher than initially expected, government officials told state television Tuesday morning. Death tolls were put around 10,000 on Monday but a […]

Colombo Stock Exchange is closed for trading on Monday as Sri Lanka takes stock of the economic and human devastation of the tidal wave that hit the country.Colombo Stock Exchange is closed for trading on Monday as Sri Lanka takes stock of the economic and human devastation of the tidal wave that hit the country. […]

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 […]