Tag: Finance

The tidal wave that hit Sri Lanka Sunday has ravaged the economies of several coastal provinces though the overall impact on the economy may be mitigated as the Western Province, which accounts for half the nation’s GDP has been spared. District

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 […]

The worst tidal waves to batter Sri Lanka in living memory are unlikely to have a long-term impact on the island’s economy, analysts and officials said Sunday.The worst tidal waves to batter Sri Lanka in living memory are unlikely to have a long-term impact on the island’s economy, analysts and officials said Sunday. The tidal […]

Hundreds of travellers on Sri Lanka’s main coastal highway, have gone missing after tidal waves hit the coastal road Sunday.Hundreds of travellers on Sri Lanka’s main coastal highway, have gone missing after tidal waves hit the coastal road Sunday. The A-2, popularly known as the Galle Road, starts from Colombo and hugs the coast along […]

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. […]

A tidal wave had hit Sri Lanka’s coastal areas killing hundreds and putting broad swathes of low lying densely populated areas under water.A tidal wave had hit Sri Lanka’s coastal areas killing hundreds and putting broad swathes of low lying densely populated areas under water. The Eastern Coast seems to be worst hit with authorities […]

A tidal wave had hit Sri Lanka’s coastal regions killing hundreds and putting broad swathes of densely populated low lying areas under water.A tidal wave had hit Sri Lanka’s coastal regions killing hundreds and putting broad swathes of densely populated low lying areas under water. The Eastern Coast seems to be worst hit with authorities […]

Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds, leaving thousands homeless. Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds, leaving thousands homeless. Curious residents from inland have started flocking to beaches to see the damage, […]

Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds, leaving thousands homeless.Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds, leaving thousands homeless. Initial reports indicate that the tidal wave or tsunami may have been caused by […]

Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds and leaving thousands homeless.Authorities are warning residents off coastal areas after a tidal wave hit Sri Lanka’s coastal regions killing hundreds and leaving thousands homeless. Though the tide has receded in some areas in the South waters […]

A tidal wave had hit Sri Lanka coastal region putting broad swathes of low lying areas under water, eyewitness reports say. Initial reports indicate that areas ranging from Trincomalee, Yala, Galle and Kaluthara are affected. Residents of Dehiwala in the Suburbs of Colombo say sea levels have risen.The southern coastal regions are the main tourist […]

A Matara health official says at least 170 people are feared dead in the tidal wave that hit Sri Lanka’s eastern and southern coastal belt.A Matara health official says at least 170 people are feared dead in the tidal wave that hit Sri Lanka’s eastern and southern coastal belt. This adds to the over 300 […]