Tag: lbo
Stocks fall as market opens for trading on Tuesday.
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
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 […]
Sri Lankan officials are advising people on the coast to be vigilant
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 […]
Fuel Flow
Sunday’s tsunami puts one of Sri Lanka’s main fuel storage centres out of business, starving the Southern region of fuel. Sunday’s tsunami puts one of Sri Lanka’s main fuel storage centres out of business, starving the Southern region of fuel. “The Galle depot is not operational.We don’t know the extent of damage yet. A team […]
‘s tidal wave
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 […]
Donor agencies huddle up for aid effort
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 levels are down, but fears still remain after tidal wave
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 4590 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.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 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 […]
Local authorities have started mass burials of tsunami victims in Southern Sri Lanka which are piling up unclaimed in hospital in coastal areas as the death toll continues to mount
Local authorities have started mass burials of tsunami victims in Southern Sri Lanka which are piling up unclaimed in hospital in coastal areas as the death toll continues to mount.Local authorities have started mass burials of tsunami victims in Southern Sri Lanka which are piling up unclaimed in hospital in coastal areas as the death […]
Opposition UNP will work with the Govenment to emerge from the disaster
Sri Lanka’s opposition United National Party has pledged support to the government and expressed confidence that the country can emerge from the disaster by remaining resolute and moving forward with the support of the international community.Sri Lanka’s opposition United National Party has pledged support to the government and expressed confidence that the country can emerge […]
Sri Lanka’s Central Bank has put together a top level team to assess the economic impact following a tidal wave that left over 14,000 dead and displaced millions of people
Sri Lanka’s Central Bank has put together a top level team to assess the economic impact following a tidal wave that left over 14,000 dead and displaced millions of people.Sri Lanka’s Central Bank has put together a top level team to assess the economic impact following a tidal wave that left over 14,000 dead and […]