Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Sri Lanka grapples with trauma, loss after deadly cyclone that killed hundreds
    Finance

    Sri Lanka Grapples With Trauma, Loss After Deadly Cyclone That Killed Hundreds

    Published by Global Banking & Finance Review®

    Posted on December 8, 2025

    3 min read

    Last updated: January 20, 2026

    Add as preferred source on Google
    Image of Spirax's manufacturing operations emphasizes the company's optimistic sales growth forecast for the second half of the year, reflecting strong performance in the finance sector.
    Spirax manufacturing facility showcasing growth in UK sales - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:insurancehumanitarian aidfinancial crisiseconomic recovery

    Quick Summary

    Cyclone Ditwah has devastated Sri Lanka, killing 410 people and displacing thousands. Rescue operations continue as authorities clear roads and restore services.

    Sri Lanka Faces Devastation After Deadly Cyclone Kills Hundreds

    By Uditha Jayasinghe

    ALAWATHUGODA, Sri Lanka, Dec 2 (Reuters) - Nawaz Nashra recalls grabbing her three-year-old daughter, wrapping her in a bedsheet and running out of their home in central Sri Lanka as a landslide struck, triggered by a deadly cyclone that killed 410 people in the worst floods in a decade.

    Nashra and her pregnant sister, who lived with her, spent the next 20 minutes scrambling down the hillside from Alawathugoda village on Friday night, sometimes knee-deep in mud, until they reached a mosque at a lower altitude, where they spent the night.  

    "It was pitch dark...We could only hear a sound like thunder," she told Reuters. "The house next to ours collapsed as we watched. There was no time to warn anyone."

    About 10 houses in the neighbourhood were swept away by Cyclone Ditwah and at least 25 people are feared dead, residents said on Tuesday, when they returned with long poles to dig through the mud and search for bodies. 

    Deadly storms have swept across South and Southeast Asia in recent days, devastating large parts of Indonesia, Malaysia and Thailand and claiming hundreds of lives.

    In Sri Lanka, the Kandy region where Alawathugoda is located has recorded 88 deaths - the highest in the South Asian country - with 150 people still missing. More than 20,000 people have been moved to 176 shelters set up to house them. 

    Across the country, 336 people remain missing and 1.2 million have been affected, officials said, as hundreds of army and police personnel combed through regions hit by landslides to retrieve bodies. 

    Authorities on Tuesday used bulldozers and backhoes to clear roads, removing mud and trees to create a path for food and fuel to reach affected areas.

    Work was also underway to restore communication links and electricity, which was cut after strong winds snapped transmission lines, officials said. 

    About 3 kilometers (2 miles) away from Nashra's home, another neighbourhood in the village also bore signs of being struck by landslides, with houses partially damaged and a tangled mess of phones, books, furniture, and clothes visible in the slush. 

    "They tell us to leave but where do we go? There is a temple nearby but there is only one bathroom for about 100 people. The facilities are not enough," said Manjula Jayalath, 43, a resident of the area. 

    (Reporting by Uditha Jayasinghe, writing by Sakshi Dayal; Editing by Thomas Derpinghaus and Sharon Singleton)

    Key Takeaways

    • •Cyclone Ditwah caused deadly landslides in Sri Lanka.
    • •410 people confirmed dead, with many still missing.
    • •Over 1.2 million people affected by the cyclone.
    • •Authorities are working to restore roads and communication.
    • •Thousands are displaced and living in temporary shelters.

    Frequently Asked Questions about Sri Lanka grapples with trauma, loss after deadly cyclone that killed hundreds

    1What is disaster management?

    Disaster management refers to the processes involved in preparing for, responding to, and recovering from emergencies and disasters, including natural calamities like cyclones and floods.

    2What is humanitarian aid?

    Humanitarian aid is assistance provided to people in need, particularly during crises such as natural disasters, to alleviate suffering and support recovery efforts.

    3What is economic recovery?

    Economic recovery is the process through which an economy regains its strength after a downturn, characterized by increased production, employment, and consumer spending.

    4What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops rapidly, often leading to widespread economic instability and loss of confidence.

    5What is insurance?

    Insurance is a financial arrangement that provides protection against potential future losses or damages, typically involving regular premium payments in exchange for coverage.

    More from Finance

    Explore more articles in the Finance category

    Image for Blaze at Russia's Baltic Sea port of Ust-Luga after major Ukrainian drone attack
    Blaze at Russia's Baltic Sea Port of Ust-Luga After Major Ukrainian Drone Attack
    Image for Morning Bid: Deal, or no deal?
    Morning Bid: Deal, or No Deal?
    Image for Labubu maker Pop Mart meets 2025 revenue expectations
    Labubu Maker Pop Mart Meets 2025 Revenue Expectations
    Image for Israel strikes Tehran as Trump says US negotiating to end war
    Israel Strikes Tehran as Trump Says US Negotiating to End War
    Image for South Korea, Germany exposed to rare earths shortage, Australia's Arafura says
    South Korea, Germany Exposed to Rare Earths Shortage, Australia's Arafura Says
    Image for Currency markets drift as traders sceptical of US efforts to end Iran war
    Currency Markets Drift as Traders Sceptical of US Efforts to End Iran War
    Image for Stocks bounce and oil retreats on Mideast ceasefire reports
    Stocks Bounce and Oil Retreats on Mideast Ceasefire Reports
    Image for Equinor CEO says EU unlikely to increase Russian gas imports
    Equinor CEO Says EU Unlikely to Increase Russian Gas Imports
    Image for Openreach taps Google AI to speed fibre rollout, cut emissions
    Openreach Taps Google AI to Speed Fibre Rollout, Cut Emissions
    Image for UK consumer sentiment falls as Iran war rages, KPMG says
    UK Consumer Sentiment Falls as Iran War Rages, Kpmg Says
    Image for US oil prices fall on prospect of Middle East ceasefire easing supply disruption
    US Oil Prices Fall on Prospect of Middle East Ceasefire Easing Supply Disruption
    Image for Lamborghinis stranded in Sri Lanka as war disrupts Asia's used-car trade 
    Lamborghinis Stranded in Sri Lanka as War Disrupts Asia's Used-Car Trade 
    View All Finance Posts
    Previous Finance PostRussia's Vtb Expects Operational Income at $26 Billion in 2026
    Next Finance PostAirbus CEO Says Lessons Need to Be Drawn From Software Recall