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Sunday, 23 May 2010

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Insurance companies are receiving claims daily for damage to property businesses and vehicles due to the torrential rains. A vehicle submerged in water at Ragama explains the extent of the damage. Picture by Sumanachandra Ariyawansa.

Top business tycoons to head State entities hailed

Following the appointment of the new Cabinet of Ministers the government has decided to appoint top bussiness personalities to head the State run entities most of which incur colossal losses and depend on taxpayers.

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Insurance companies to expedite flood claims

The torrential rains have left 450,000 homeless while the extent of the damage to loss of property is yet to be calculated as most places are yet unreachable said insurance companies.

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Business community wants flood control plan

Freak rains last week were dreadful to the country. The business community was not spared by the inclement weather which resulted in a colossal loss of money.

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