Tag: lbo

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 […]

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 stocks fell nearly one percent as the market opened for trading on Tuesday.Colombo stocks fell nearly one percent as the market opened for trading on Tuesday. Analysts were expecting the market to take a hit, after hotel firms, which led a recent rally, were devastated by Sunday’s tidal wave. However resorts north of Colombo, […]

Torrential rains are falling in Galle, but there are no reports of likely earthquakes that can generate a tsunami wave from official sources. However residents say blocked storm water drains, may be causing some areas town to be flooded. The last quake was reported off Sumatra by the US geological survey at 02.10 am Sri […]

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 […]

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 […]

The official death toll from the tidal wave in Sri Lanka is now estimated to be 4,590 at mid-day Monday, but missing persons are put at twice that.The official death toll from the tidal wave in Sri Lanka is now estimated to be 4,590 at mid-day Monday, but missing persons are put at twice that. […]

With authorities still focused on disaster relief, the economic costs of the tidal wave in Sri Lanka is yet to be measured in a meaningful way, but tourism and fisheries are the hardest hit.With authorities still focused on disaster relief, the economic costs of the tidal wave in Sri Lanka is yet to be measured […]