An Echelon Media Company
Tuesday May 21st, 2024

Landslide warning issued for several districts in Sri Lanka

File photo

ECONOMYNEXT – Sri Lanka’s National Building Research Organisation (NBRO) has issued landslide warnings for several areas due to adverse weather, valid till 4pm Thursday (04).

The NBRO said with continuous heavy rain, landslide warnings have been issued for residencies in eight districts so far.

Level 01 warning

Galle – Neluwa, Nagoda and Elpitiya

Kalutara – Bulathsinhala

Kandy – Udunuwara, Gangawata Korale, Doluwa, Ganga Ihala Korale, Harispattuwa and Yatinuwara

Kegalle – Bulathkohupitiya, Mawanella and Aranayake

Nuwara Eliya – Walapane and * Hanguranketha

Ratnapura – Eheliyagoda

Level 02 warning

Badulla – Passara and Ella

Matale – Ukuwela and Rattota

Meanwhile, the Disaster Management Centre (DMC) issuing a statement said the road from Alla to Passara via Namunukula is completely closed due to risk of tree and rock falling. The DMC has asked the public to use the Passara-adulla main road as an alternative road.

The Meteorology Department said showers or thundershowers will occur at times in the sea areas extending from Puttalam to Potuvil via Colombo, Galle and Hambantota.

“Winds will be south-westerly in the sea areas extending from Puttalam to Potuvil via Colombo, Galle and Hambantota, and winds will be south-westerly to south-easterly in other sea areas around the island. The wind speed will be (20-30) kmph in the sea areas around the island,” the Met Department said.

“Wind speed can be increased up to 40-50 kilometers per hour at times in the sea areas extending from Colombo to Potuvil via Galle and Hambantota.”

The DMC in its statement said extreme levels of rainfall over the past few days have affected 10 districts and 41 Divisional Secretariats in the county. Floods, winds and storms have also been reported.

The statement noted that 1,444 families and 5,790 individuals have been affected by the adverse weather.

“Four deaths have been reported. Two had drowned and two others were struck by lightning,” DMC Deputy Director Pradeep Kodippili told reporters on Wednesday (03).

“Three houses were completely destroyed while 409 were partially damaged. Three relief centers are now in operation,” he said. (Colombo/Nov03/2021)

Leave a Comment

Your email address will not be published. Required fields are marked *

Leave a Comment

Leave a Comment

Cancel reply

Your email address will not be published. Required fields are marked *

Sri Lanka declares May 21 as National Mourning day over Iranian President’s death

ECONOMYNEXT – Sri Lanka declared a national mourning day on Tuesday, May 21 in view of expressing its solidarity with Iran after sudden death of Iran President Ebrahim Raisi following a helicopter crash.

President Raisi and eight others including Iranian Foreign Minister Hossein Amir Abdollahian were killed in the crash when the helicopter had a “hard landing” reportedly due to adverse weather conditions with heavy fog. However, President’s two convoy helicopters reached the destination safely.

“The Sri Lankan government has declared a national mourning day on tomorrow (May 21) on behalf of the sudden death of Iranian president Mr. Ebrahim Raisi,” the Department of Government Information said in a statement.

It also urged all the state institutions have to hoist the national flag half mast.

Raisi was in Sri Lanka on April 24 to launch the Uma Oya dam on a one-day official visit amid tight security. His helicopter crashed when he was returning to Iran after launching a dam in the Azerbaijan border.

President Raisi is seen as a hardliner and a potential successor to Supreme Leader Ayatollah Ali Khamenei.

Earlier this month, Sri Lanka’s Foreign Minister Ali Sabry said the island nation will deal with Iran for investments and trade without being caught into the United States-led sanctions.

Sri Lanka was unable to receive $450 million from Iran for a recently opened Uma Oya multipurpose project started before the sanctions.

Sri Lanka now exports tea to Iran for no dollar payment. Instead, Sri Lanka tea producers are paid by the state-owned Ceylon Petroleum Corporation (CPC) in rupees for the pending crude oil import payments for Iran.

President Ranil Wickremesinghe expressed his condolences on the tragic incident.

“Sri Lanka is deeply shocked and saddened by the tragic death of President Ebrahim Raisi, Foreign Minister Amir Abdollahian and other senior Irani official,” he said in his official X-platform.

“I express my deepest sympathies and sincere condolences to the bereaved families, the government and the people of Iran.”

Raisi, a Muslim jurist, served as the eighth president of Iran from 2021 until his death. (Colombo/May 20/2024)

Continue Reading

Sri Lanka helps launch Global Blended Finance Alliance

ECONOMYNEXT – Sri Lanka has joined a group of nations led by Indonesia which aims to mobilise capital to achieve carbon neutrality, Minister of Water Supply and Estate Infrastructure Jeevan Thondaman said.

The Global Blended Finance Alliance mooted by Indonesia in 2018, was formally launched at the World Water Forum in Bali today.

Among the other founding members are Fiji, France, UAE, Kenya, Luxembourg and Canada.

“Through our collective efforts, the Global Blended Finance Alliance aims to mobilise both public and private capital to help nations achieve carbon neutrality and the SDGs,” Thondaman said on social media platform X (twitter).

“The world has a USD 2.5 trillion funding gap to achieve the Sustainable Development Goals (SDGs) by 2030,” he said.

Blended finance is the strategic use of development finance, such as public and/or philanthropic funds, for the mobilisation of additional commercial finance towards sustainable development in developing countries. (Colombo/May20/2024)

Continue Reading

Sri Lanka rupee closes slightly stronger at 299.60/75 to US dollar

ECONOMYNEXT – Sri Lanka’s rupee appreciated slightly to close at 299.60/75 to the US dollar on Friday, from 299.70/80 the previous week, dealers said. Bond yields were up.

A bond maturing on 15.12.2026 closed up at 10.15/35 percent from 10.05/15 percent.

A bond maturing on 15.09.2027 closed up at 10.45/55 percent from 10.25/40 percent.

A bond maturing on 01.07.2028 closed at 10.80/90 percent.

A bond maturing on 15.01.2030 closed at 11.70/80 percent.

A bond maturing on 01.10.2032 closed up at 11.90/12.05 percent from 11.85/12.00 percent. (Colombo/May20/2024)

Continue Reading