The Central Bank of Sri Lanka has appointed a three-member committee to investigate irregularities at financial institutions and leasing companies. The decision comes even as the apex institute was heavily censured yesterday (16) for not doing enough to stimulate the economy after COVID-19.
The Central Bank of Sri Lanka (CBSL) last night announced it would lower the Statutory Reserve Ratio (SRR) and introduce two new credit schemes in a bid to stimulate the economy. The decision comes on the heels of a tough meeting with President Gotabaya Rajapaksa, during which the CBSL Governor Professor W. D. Lakshman and other senior officials were lambasted ...
There is perhaps no one who knows Sri Lanka’s economy as well as Dr P. B. Jayasundera. An economist by profession, Jayasundera began his career at the Central Bank of Sri Lanka in 1974. After being seconded to the Ministry of Finance in 1990, he rose through the ranks to serve as Secretary to the Treasury under two former presidents ...
During most crises, the effects felt are uneven. The COVID-19 pandemic has its fair share of consequences, both as a result of the crisis and the state's response to it. While the lockdown has been a measure implemented to mitigate the threat of COVID-19, it has produced unintended consequences and circumstances that are yet to be addressed.
There are new taps installed in the guard room, with bars of soap on the side. A nurse monitors your temperature and you wipe your feet against a special mat, before you enter the premises. At the doorway is a separate chamber, where you are sprayed with disinfectant from head-to-toe. Promptly after, you punch-in on the fingerprint machine—like everyone else ...
Ihthisham Lye (27) felt a pain in his throat the moment he stepped out of the airport, after returning from a business trip to Malaysia on March 4. He recognised the signs of oncoming fever. “My wife was worried because the antibiotics I took did not work,” he told Roar Media.
For Kendrick Fernando (19) and his fellow passengers, the process took more than 14 hours. They landed at the Bandaranaike International Airport (BIA) on March 15, but only arrived at the Vavuniya quarantine centre the next day.
We're all very cued in on the news now: there have thus far been eleven cases of COVID-19 in Sri Lanka, the very first of which was successfully managed, the patient—a 40-year-old female Chinese tourist—returning to her country on February 19. The other ten are currently being monitored at the National Institute of Infectious Diseases (IDH).
About ten days ago, to mark Valentine's Day 2020, Roar called for poetry and prose submissions on the topic 'Limits to Love', of which the top contenders, we decided, would be selected by writer and actor Brandon Ingram.
Do you want your writing to be featured on Roar? This Valentine's Day we are collecting poems and prose that speak of the limits of love. Define it as you will. Interpret it as you see fit. The vision is yours — just share it with us in any form of poetry. Tell us in free verse, haiku, sonnets or abandon structure altogether for the free-flowing prose.
Roar Showtime is a new initiative that calls on photographers—amateur or professional—to share the visions that inspire, inform and awe. Roar Showtime will curate your stories, as told skillfully through a camera lens. We want you to explore and discover: every day is an adventure that can result in the most amazing stories.