Trends - Ranil Wickremesinghe - Business Recorder

Ranil Wickremesinghe

Sri Lanka needs $100bn to become net zero emitter by 2040, president says

COLOMBO: Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on...

Published 28 Nov, 2023 08:16pm

Markets

Sri Lanka’s revenue shortfall concerns IMF team

COLOMBO: The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’s...

Published 26 Sep, 2023 06:12pm

World

India, Sri Lanka agree to boost ties through energy, power and port projects

NEW DELHI: India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing...

Published 21 Jul, 2023 04:26pm

World

Sri Lankan leader seeks to disarm India’s China fears

COLOMBO: Sri Lanka’s president arrives in India on Thursday for his first visit to the regional powerhouse, with...

Published 18 Jul, 2023 11:41am

Pakistan

PM Shehbaz expresses gratitude to Sri Lankan president for support in IMF deal

In phone call with Ranil Wickremesinghe, PM Shehbaz acknowledges role played by Sri Lanka as a friend and a well-wisher of Pakistan

Updated 17 Jul, 2023 06:29pm

World

Sri Lanka could exit bankruptcy by September, says president

COLOMBO: Sri Lanka could exit bankruptcy by September, President Ranil Wickremesinghe said on Friday, signalling a...

Updated 30 Jun, 2023 02:37pm

World

Sri Lanka president to hold debt talks on France visit

COLOMBO: Sri Lanka’s President Ranil Wickremesinghe is likely to discuss the crisis-stricken nation’s debt with...

Updated 13 Jun, 2023 12:47pm

World

Sri Lanka again delays local polls, defying court order

COLOMBO: Sri Lanka again postponed local polls on Tuesday in defiance of a court order, delaying a de facto...

Published 11 Apr, 2023 05:35pm

World

Sri Lanka president says no side arrangements with any creditor

COLOMBO: Sri Lanka will not make side arrangements with any of its bilateral or commercial creditors to reduce the...

Published 14 Mar, 2023 08:43pm

World

Sri Lanka president says China agrees to restructure loans

COLOMBO: Sri Lanka’s president said Tuesday that China had agreed to restructure its loans to the bankrupt island...

Updated 07 Mar, 2023 12:51pm

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

Bankrupt Sri Lanka set to postpone local elections

COLOMBO: Bankrupt Sri Lanka is set to postpone local elections due next month, according to a top official,...

Published 21 Feb, 2023 04:31pm

World

Sri Lanka bankruptcy to last until 2026: president

COLOMBO: Sri Lanka’s president said Wednesday the island nation will remain bankrupt for at least three more years...

Published 08 Feb, 2023 01:53pm

World

Sri Lanka completing pre-requisites for IMF aid: President

COLOMBO: Sri Lanka is completing the pre-requisites to unlock a $2.9 billion bailout from the International Monetary...

Updated 04 Feb, 2023 08:24pm

World

Sri Lanka economy could shrink by -3.5% to -4%, president says

COLOMBO: Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil...

Published 28 Jan, 2023 06:35pm

Business & Finance

Sri Lanka aims to nearly double tax revenue by 2026, says president

COLOMBO: Sri Lanka aims to nearly double its tax revenue to around 15% of gross domestic product by 2026 from 8.5%...

Published 20 Oct, 2022 05:36am

World

Sri Lanka aims to nearly double tax revenue by 2026, says president

COLOMBO: Sri Lanka will attempt to increase tax revenues to 15% of gross domestic product by 2026 from 8.5% now,...

Published 19 Oct, 2022 07:13pm

World

Sri Lanka president, Chinese minister discuss debt restructuring

MUMBAI: Sri Lanka’s President Ranil Wickremesinghe discussed restructuring of the country’s debt with the ...

Published 17 Oct, 2022 05:57am

Business & Finance

Sri Lanka looks to revive free trade deal with Singapore

COLOMBO: Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil...

Published 27 Sep, 2022 12:16pm

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

Business & Finance

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 25 Aug, 2022 06:08am

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’s office to reopen after crackdown

COLOMBO: Sri Lanka’s besieged presidential office will reopen on Monday, police said, days after anti-government...

Published 24 Jul, 2022 01:20pm

World

Security forces smash Sri Lanka’s main protest camp

COLOMBO: Sri Lankan security forces demolished the main anti-government protest camp in the capital early Friday and...

Published 22 Jul, 2022 10:17am

World

Sri Lanka’s new president to appoint ally of ousted Rajapaksa as PM

COLOMBO: New Sri Lankan President Ranil Wickremesinghe will appoint an ally of the ousted Rajapaksa dynasty as prime...

Published 21 Jul, 2022 08:05pm

World

Sri Lanka swears in new president amid worst economic crisis in decades

COLOMBO: Veteran politician Ranil Wickremesinghe was sworn in as Sri Lanka’s new president on Thursday, a day after...

Published 21 Jul, 2022 11:33am

World

New Sri Lanka leader vows tough line against troublemakers

COLOMBO: Sri Lanka’s president-elect vowed on Wednesday to take tough action against anyone resorting to what he...

Published 21 Jul, 2022 06:37am

Six-time PM Wickremesinghe elected Sri Lanka president

COLOMBO: Six-time prime minister Ranil Wickremesinghe was elected as crisis-wracked Sri Lanka’s new president in a...

Published 21 Jul, 2022 05:40am

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 9 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 9 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 9 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 9 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 9 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 9 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 9 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 9 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 9 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 9 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 9 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 9 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 9 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 9 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 9 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 9 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 9 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 9 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 9 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 9 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 9 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 9 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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Ranil Wickremesinghe

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