The Government of Sri Lanka held discussions with the Asian Development Bank (ADB) to mobilise a policy-based loan, amounting to USD 100 million, to implement the Power Sector Reforms and Financial …
Sri Lanka faces long road to recovery as floodwaters recede; WFP warns of ‘catastrophic’ devastation
Speaking to CNA Asia Now, WFP’s country director in Sri Lanka, Philip Ward, described the situation as “catastrophic”, with 1.8 million people affected after Cyclone Ditwah triggered widespread flooding and landslides across the country last week.
Sri Lanka’s bloody past revealed in mass graves
In Chemmani, northern Sri Lanka, a mass grave uncovered earlier this year is forcing a nation to confront the darkest chapters of its past. More than 200 skeletons, some of them children, have been exhumed near a former war zone,
SMB Finance illuminates ‘Light for Learning’ at Sri Gunananda Vidyalaya
SMB Finance PLC through one of its innovative corporate social responsibility initiatives called ‘Light for Learning’ aimed at empowering under privileged children in Sri Lanka, donated complete set …
Ruined Rice Fields and Broken Rail Lines: Sri Lanka Counts Cost of Cyclone
Officials estimate the damage runs into billions of dollars, a headache for the island nation just recovering from an economic crash.
Indonesia battered by freak storm leaving 708 dead
Parts of Asia including Indonesia, Thailand, Malaysia, Sri Lanka and the Philippines have been pummeled by torrential rain, floods and landslides in the last week due to a series of “rare” weather events which have prompted questions about whether extreme weather is getting worse across the region.
Sri Lanka requests about $200 million financial aid from IMF due to Cyclone Ditwah
The International Monetary Fund said on Friday that Sri Lanka had requested financial assistance of about $200 million to address the destruction caused by Cyclone Ditwah.
Sri Lanka issues fresh landslide warnings as toll nears 500
Heavy rains triggered fresh landslide warnings in Sri Lanka’s worst-affected central hills on Friday, as the death toll from last week’s Cyclone Ditwah neared 500.
Rescuers race in search for survivors after last week’s floods in Indonesia, Sri Lanka and Thailand
Rescue teams raced Wednesday to reach communities isolated by last week’s catastrophic floods and landslides in Indonesia, Sri Lanka and Thailand as over 900 people remained missing and the scope of …
NTB secures approval to acquire HSBC Sri Lanka’s Retail Banking operations
The acquisition would provide NTB with around 200,000 HSBC Sri Lanka customer accounts, including premium banking clients, retail loans and credit cards. It is expected to be comp …