Author: LBO
Trick ‘n Treat
Top multilateral donors who are drawing up new financing plans for Sri Lanka’s post-tsunami period are due to stump up over US$ 500 mn in additional loans in the coming weeks, a joint statement said Tue.Top multilateral donors who are drawing up new financing plans for Sri Lanka’s post-tsunami period are due to stump up […]
Scout’s Honour
Sri Lanka’s tsunami struck insurance industry has opted not to dip into the treasury controlled strike terrorism and riot cover fund, to settle part of the Rs.10 bn tidal wave claims. Sri Lanka’s tsunami struck insurance industry has opted not to dip into the treasury controlled strike terrorism and riot cover fund, to settle part […]
The Tamil Rehabilitation Organisation says the Sri Lankan army is ‘hampering’ aid to the North and the East and is ‘creating tension.’
As foreign aid jams the single international airport available, the Sri Lankan government and the LTTE, lock horns to gain control over relief supplies.As foreign aid jams the single international airport available, the Sri Lankan government and the LTTE, lock horns to gain control over relief supplies. The Tamil Rehabilitation Organisation (TRO) – a registered […]
Fitch Ratings cuts Sri Lanka’s economic growth target
The tsunami disaster, which left more than 30,000 people dead, will cut Sri Lanka’s economic growth by one percent this year, though the impact over the medium term will not be significant, says Fitch Ratings Lanka. The tsunami disaster, which left more than 30,000 people dead, will cut Sri Lanka’s economic growth by one percent […]
Tidal waves eat into stretches of Sri lanka’s shoreline, changing lines on its map.
Last week’s tidal waves have eaten into stretches of shoreline, meaning Sri Lanka may have to re-draw those lines on its map, as it assesses the extent of coastal damage.Last week’s tidal waves have eaten into stretches of shoreline, meaning Sri Lanka may have to re-draw those lines on its map, as it assesses the […]
Giant tidal waves will shave off half a percentage of Sri Lanka’s growth in 2005, Central Bank says
Over 28,000 dead, tens and thousands missing, and a US$ 1 bn reconstruction bill, but tsunami stricken Sri Lanka is confident of bouncing back with a 0.5 percent drop in gross domestic product next year. Over 28,000 dead, tens and thousands missing, and a US$ 1 bn reconstruction bill, but tsunami stricken Sri Lanka is […]
Sri Lanka’s war machine gears for relief as tsunami toll nears 22,500
Sri Lanka mobilised its entire public service and the military into an internationally-backed relief operation to stave off hunger and disease as the tsunami death toll neared 22,500. Sri Lanka mobilised its entire public service and the military into an internationally-backed relief operation to stave off hunger and disease as the tsunami death toll neared […]
Sri Lanka’s death toll from Sunday’s killer tidal wave, may be much higher
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 […]
Indonesia may overtake Sri Lanka’s casualty rate following Sunday’s massive tidal wave
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 […]
Day2 Update 9 – There’s Hope
Sri Lanka’s booming tourism industry and its markets are likely to take an initial beating from Sunday’s devastating tsunami, which killed an estimated 11,500 and left more than a million homeless in the island nation of 19 million.Sri Lanka’s booming tourism industry and its markets are likely to take an initial beating from Sunday’s devastating […]
SEC Chief among the missing after Sunday’s tsunami
Securities and Exchange Commission (SEC) Director General Palitha Silva Gunawardana are among the missing in the aftermath of Sunday’s tidal wave.Securities and Exchange Commission (SEC) Director General Palitha Silva Gunawardana are among the missing in the aftermath of Sunday’s tidal wave. The SEC chief was reportedly holidaying with his wife near the Yala National Park […]
Images taken after Sunday’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 […]