Tag: Sri Lanka
Fourth quarter GDP growth plummets to 4.4% capping annual growth at 5.4 %
Sri Lanka’s economic growth in last quarter of 2004 plummeted to 4.4 percent, and annual GDP growth fell to 5.4 percent, compared to a revised GDP growth number for 2003 of 6 percent.Sri Lanka’s economic growth in last quarter of 2004 plummeted to 4.4 percent, and annual GDP growth fell to 5.4 percent, compared to […]
Last quarter growth plummeted to 4.4 percent, and annual GDP growth fell to 5.4 percent
Sri Lanka’s economic growth in last quarter of 2004 plummeted to 4.4 percent, and annual GDP growth fell to 5.4 percent, compared to a revised GDP growth number for 2003 of 6 percent.Sri Lanka’s economic growth in last quarter of 2004 plummeted to 4.4 percent, and annual GDP growth fell to 5.4 percent, compared to […]
Inflation in March takes a sort dip, but annual inflation moves up to 11.1 %
The headlong rise in inflation showed signs of slowing in March as the point to point increase in Colombo inflation (CCPI) for the last 12 months shifted down slightly to 15.5 per cent from 15.9 per cent a month before, Central Bank said.The headlong rise in inflation showed signs of slowing in March as the […]
Sri Lanka needs fiscal discipline and bipartisan consensus on economic policy
Sri Lanka needs fiscal discipline and bipartisan consensus on economic policy to replicate the success of other fast growing economies, a top private sector professional said.Sri Lanka needs fiscal discipline and bipartisan consensus on economic policy to replicate the success of other fast growing economies, a top private sector professional said. Drawing parallels with the […]
Sri Lanka evacuates its residents
Sri Lanka issued a tsunami warning to residents around the coast of the island as an earthquake measuring 8.5 on the Richter scale hit the west cost of northern Sumatra, Indonesia. Sri Lanka issued a tsunami warning to residents around the coast of the island as an earthquake measuring 8.5 on the Richter scale hit […]
Cross Purposes
Trade unions angry at attempts to overhaul the state utility the Ceylon Electricity Board, pitch against each other as anti-privatisation unions meet the moderates. Trade unions angry at attempts to overhaul the state utility the Ceylon Electricity Board, pitch against each other as anti-privatisation unions meet the moderates. Most of the debt ridden electricity giant’s […]
Thailand is reporting that sea levels are receding, indicating that a tsunami could be expected.
Thailand is reporting that sea levels are receding, indicating that a tsunami could be expected. Thailand is reporting that sea levels are receding, indicating that a tsunami could be expected. Sri Lanka meanwhile has issued a tsunami warning and asked coastal residents to evacuate immediately, the Metrological department said on Monday. Deputy Director Lalith Chandrapala […]
Police say no receding water levels yet
It has been about two and half hours since the 8.2 earth quake that struck the northern coast of Indonesia with no receding water levels are reported. It has been about two and half hours since the 8.2 earth quake that struck the northern coast of Indonesia with no receding water levels are reported. The […]
Pacific Tsunami Warning Centre says there was no major tsunami’s observed except for a mimi wave on the Cocos Tide-gage.
The Pacific Tsunami Warning Centre in a second message said that there was no major tsunami’s observed except for a mimi wave on the Cocos Tide-gage.The Pacific Tsunami Warning Centre in a second message said that there was no major tsunami’s observed except for a mimi wave on the Cocos Tide-gage. “There has been no […]
Three hours and no tsunami yet
It is now just over three hours since the 8.2 earth quake that struck the northern coast of Indonesia with no significant drop in sea water levels are reported. It is now just over three hours since the 8.2 earth quake that struck the northern coast of Indonesia with no significant drop in sea water […]
Sri Lanka evacuates coastline fearing another tsunami
Thousands of coastal residents in Sri Lanka fled their coastal homes Tuesday after the government issued a tsunami alert following a powerful quake off the Indonesian island of Sumatra.Thousands of coastal residents in Sri Lanka fled their coastal homes Tuesday after the government issued a tsunami alert following a powerful quake off the Indonesian island […]
Monday’s earthquake off the nothern tip of Indonesia has been described as an aftershock
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 […]