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Gotabaya Rajapaksa

Sri Lanka ex-leader claims ousted over China investments

COLOMBO: Former Sri Lankan president Gotabaya Rajapaksa ended a long silence over his ouster Thursday by releasing a...

Updated 08 Mar, 2024 09:47am

World

Sri Lanka scraps long-term visa for Russians, Ukrainians

COLOMBO: Sri Lanka said Sunday it had ended long-term tourist visa extensions for thousands of Russians and...

Published 25 Feb, 2024 11:31am

World

IMF resumes Sri Lanka bailout after China’s debt deal

WASHINGTON: The International Monetary Fund revived its $2.9 billion bailout for Sri Lanka on Tuesday after the...

Published 13 Dec, 2023 11:16am

Business & Finance

Sri Lanka inflation doubles ahead of debt deal

COLOMBO: Sri Lanka’s inflation more than doubled to 3.4 percent in November, the statistics office said Thursday, ...

Published 01 Dec, 2023 04:43am

World

Sri Lanka top court rules Rajapaksa brothers guilty of economic crisis

COLOMBO: Sri Lanka’s Supreme Court issued Tuesday a symbolic ruling that the powerful Rajapaksa brothers —...

Published 15 Nov, 2023 06:09am

World

Sri Lanka’s top court says ex-president among those who contributed to economic crisis

COLOMBO: Sri Lanka’s top court ruled on Tuesday that former President Gotabaya Rajapaksa and his brother, former...

Published 14 Nov, 2023 06:23pm

Markets

Cash-strapped Sri Lanka to restructure domestic debt

COLOMBO: Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a...

Published 26 Jun, 2023 11:38am

Business & Finance

Cash-strapped Sri Lanka’s economy shrinks 11.5pc

COLOMBO: Crisis-hit Sri Lanka’s economy shrank by 11.5 percent in the first quarter just before an IMF bailout...

Published 16 Jun, 2023 06:27am

World

Wickremesinghe delivers IMF deal for Sri Lanka despite public mistrust

COLOMBO: When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his...

Published 21 Mar, 2023 11:10am

World

IMF approves Sri Lanka's $2.9bn bailout

COLOMBO: Sri Lanka's president said Monday that the International Monetary Fund has approved its request for a $2.9...

Published 20 Mar, 2023 10:55pm

World

Strike grips Sri Lanka as unions protest IMF bailout

COLOMBO: Bankrupt Sri Lanka’s hospitals were crippled and transport disrupted on Wednesday as trade unions protested...

Updated 15 Mar, 2023 08:08pm

World

Sri Lanka workers defy strike ban to protest rescue plan

COLOMBO: Sri Lankan workers went on strike Wednesday in defiance of a government ban to protest a rescue plan for...

Published 01 Mar, 2023 12:47pm

World

Sri Lanka needs bilateral creditor assurances to unlock $2.9bn bailout, IMF says

COLOMBO: Sri Lanka’s bailout package can be presented to the International Monetary Fund’s board for approval as...

Published 10 Feb, 2023 09:41am

Business & Finance

Bankrupt Sri Lanka slashes fuel prices

COLOMBO: Crisis-hit Sri Lanka slashed fuel prices on Monday, the second cut in as many weeks, after the World Bank...

Published 18 Oct, 2022 06:02am

Sports

Asia Cup title lifts spirits of battered Sri Lanka

COLOMBO: Crisis-hit Sri Lanka burst into spontaneous celebrations Sunday as the South Asian nation won the Asia Cup...

Published 12 Sep, 2022 12:33am

World

Anger over bloated new Sri Lanka government

COLOMBO: Sri Lanka added 37 new senior posts to its government on Thursday, sparking a social media backlash over...

Published 09 Sep, 2022 06:09am

Opinion

Sri Lanka has an IMF deal, now it courts China and India

Sri Lanka’s International Monetary Fund bailout plan could be a turning point in its worst economic crisis, but...

Published 07 Sep, 2022 04:13am

World

Sri Lanka’s ousted President Rajapaksa gets govt residence, security on return: officials

Sri Lanka’s ousted President Gotabaya Rajapaksa was provided on Saturday with an official residence and security by...

Updated 03 Sep, 2022 06:32pm

World

Bankrupt Sri Lanka’s deposed president ‘to return home’

COLOMBO: Bankrupt Sri Lanka’s deposed former president Gotabaya Rajapaksa is expected to end his self-imposed exile...

Published 02 Sep, 2022 11:50am

Business & Finance

IMF agrees to $2.9bn bailout for bankrupt Sri Lanka

COLOMBO: Bankrupt Sri Lanka agreed a conditional $2.9 billion bailout with International Monetary Fund negotiators ...

Published 02 Sep, 2022 06:00am

World

Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan

COLOMBO: Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency...

Updated 31 Aug, 2022 12:19pm

World

Sri Lanka widens import ban as economic crisis persists

COLOMBO: Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an...

Published 24 Aug, 2022 01:01pm

Business & Finance

Crisis-hit Sri Lanka warns of record 8% economic contraction

COLOMBO: Sri Lanka’s economic meltdown will result in a record contraction of at least eight percent this year but...

Published 18 Aug, 2022 01:58pm

World

Former Sri Lankan President Rajapaksa will return next week

Sri Lanka's former president Gotabaya Rajapaksa will return to the island nation next week after fleeing in July ...

Published 17 Aug, 2022 03:08pm

World

Sri Lanka’s ousted president Rajapaksa arrives in Thailand

Sri Lanka’s former President Gotabaya Rajapaksa has arrived in Thailand on Thursday for a temporary stay, according...

Updated 11 Aug, 2022 07:08pm

World

Sri Lanka frees Stalin on bail after arrest draws outcry

COLOMBO: A Sri Lankan court on Monday released on bail top leftist trade union leader Joseph Stalin, whose arrest...

Published 08 Aug, 2022 05:02pm

World

Sri Lanka president seeks unity government to save economy

COLOMBO: Sri Lanka’s new president Ranil Wickremesinghe has formally invited MPs to join an all-party unity...

Published 01 Aug, 2022 05:54am

World

Sri Lanka President says it’s not right time for Rajapaksa to return after fleeing country: WSJ

Sri Lanka's new president Ranil Wickremesinghe said on Sunday it was not the right time for former president...

Updated 01 Aug, 2022 01:17am

World

Sri Lanka president seeks unity government to save economy

COLOMBO: Sri Lanka’s new president Ranil Wickremesinghe has formally invited MPs to join an all-party unity...

Published 31 Jul, 2022 03:27pm

Business & Finance

WB refuses new funding for bankrupt Sri Lanka

COLOMBO: The World Bank said Friday it would not offer new funding to Sri Lanka unless the bankrupt island nation...

Published 30 Jul, 2022 03:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.82
USD to Swiss Franc / May 22	0.92
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.08

Stock	Volume
S&P 500 / May 22	5307.01
India Sensex / May 22	74221.06
Tokyo Nikkei / May 22	38876.82
Nasdaq / May 22	16801.54
Hang Seng / May 22	19024.41
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20

Item	Value
Crude Oil USD/Barrel / May 22	76.88
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Gold Spot USD/Ounce / May 22	2371.48
Cotton US¢/pound / May 22	79
Petrol/Litre / May 23	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Gotabaya Rajapaksa

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