UN Volunteers and GEF focus on restoring livelihoods

Bonn, A new agreement signed earlier this week between the United Nations Volunteers programme and the Global Environment Facility will help coastal communities in Sri Lanka get back on track from the devastating impact of the December 26 tsunamis.

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Aitken Spence Group records Rs.1.1 b profits

Aitken Spence has once again lived up to its reputation of being a steady performer, despite the natural disaster during the financial year 2004/05. Surpassing Rs. 10 billion in revenues, a 10% growth over the previous year, the premier blue chip conglomerate stands resilient amidst hindrances.

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FAO, Cey-Nor repair boats

The Food and Agriculture Organisation of the United Nations has repaired over 3 400 boats in Sri Lanka. These repairs will allow nearly 12 000 fishers to resume their livelihoods after last December’s tsunami destruction. According to government and FAO estimates, 54 percent of the total fishing fleet was either made un-seaworthy or was totally destroyed by the tsunami. The UN agency, which works through government-owned boat building and fishery supply company Cey-Nor Foundation Ltd, mobilised resources from a number of international donors to fund this activity.


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