Trends - Sri Lanka - Business Recorder

Sri Lanka

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

Debt deal with creditors could help Sri Lanka clear IMF bailout review

COLOMBO: Sri Lanka’s pact with creditor nations to restructure its debt prepares the way for the International...

Published 30 Nov, 2023 11:00am

Business & Finance

Sri Lanka announces nearly $6bn bilateral debt deal

COLOMBO: Sri Lanka on Wednesday said it had reached an “agreement in principle” with its lenders, including...

Published 30 Nov, 2023 04:53am

World

Sri Lanka and creditor nations agree in principle on debt restructuring

COLOMBO/TOKYO: A group of Sri Lanka’s creditor nations and Colombo reached an agreement in principle on debt...

Updated 29 Nov, 2023 06:18pm

World

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

Business & Finance

Sri Lanka to OK Sinopec’s $4.5bn refinery proposal tomorrow

COLOMBO: Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a...

Published 26 Nov, 2023 03:31am

World

Sri Lanka expects IMF board approval of first review next month: central bank chief

COLOMBO: Sri Lanka expects the International Monetary Fund to approve the first review of its bailout programme next...

Published 24 Nov, 2023 03:41pm

Business & Finance

Sri Lanka expects IMF board approval on $2.9bn bailout’s first review next month

COLOMBO: Sri Lanka expects the International Monetary Fund’s executive board to approve the first review of its $2.9...

Published 22 Nov, 2023 11:54am

Business & Finance

Sri Lankan inflation rises to 1% in October

COLOMBO: Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the...

Published 21 Nov, 2023 02:54pm

World

Sri Lanka cabinet approves new electricity reforms bill

COLOMBO: Sri Lanka’s cabinet has approved a key electricity reforms bill that will help foster more private...

Published 21 Nov, 2023 12:45pm

Sports

Cricket World Cup: Ten highlights

AHMEDABAD: After 46 days and 48 matches, huge totals, shock wins, heartbreaking losses, records and controversies,...

Published 20 Nov, 2023 12:31pm

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

Business & Finance

Sri Lanka’s budget will strive to return economy to growth, meet IMF targets

COLOMBO: Sri Lanka’s government will be walking a tight rope in setting out its 2024 budget plan later on Monday as...

Published 13 Nov, 2023 10:50am

Sports

Sri Lanka cricket skipper pleads for ICC suspension to end

COLOMBO: Sri Lanka skipper Kusal Mendis appealed Sunday for the governing International Cricket Council to lift its...

Published 12 Nov, 2023 05:41pm

Business & Finance

Need stressed to boost Sri Lanka-Pakistan trade

KARACHI: Consul General of Sri Lanka Jagath Abeywarna has said that despite good diplomatic relations since last 75...

Published 12 Nov, 2023 03:14am

Perspectives

Pakistan and its (lack of) policy implementation

Pakistan has historically been very weak in the implementation of policies. For instance, the famous ‘five-year...

Updated 06 Nov, 2023 12:03pm

Sports

Asthmatic players skip practice, BD coach says Delhi air ‘not ideal’

NEW DELHI: Asthmatic Bangladesh cricketers remained indoors while Sri Lankan players wore masks as poor air quality...

Published 06 Nov, 2023 05:27am

Sports

After Bangladesh, Sri Lanka cancel practice over filthy Delhi air

NEW DELHI: The toxic haze in New Delhi forced Sri Lanka to cancel their training session on Saturday, disrupting...

Published 04 Nov, 2023 05:22pm

World

Air pollution sparks alarm, dims World Cup cheer in India

NEW DELHI: Toxic haze blanketed New Delhi on Thursday, raising fears of another public health emergency in the...

Published 02 Nov, 2023 01:02pm

World

Sri Lanka cabinet approves VAT hike to 18%

COLOMBO: Sri Lanka’s cabinet approved a hike in Value Added Tax (VAT) up to 18% from the current 15% with effect...

Published 31 Oct, 2023 12:43pm

Sports

Sri Lanka’s Kumara out of World Cup with thigh injury, Chameera in

Sri Lanka were dealt another injury blow at the World Cup with seamer Lahiru Kumara ruled out of the rest of the...

Published 29 Oct, 2023 01:33pm

Sports

Sri Lanka minister slams cricket board as traitors

COLOMBO: Sri Lanka’s sports minister accused the country’s top cricket administrators of being “traitorous and...

Published 29 Oct, 2023 03:25am

Sports

Sri Lanka ‘fight fire with fire’ as Mathews eyes new England shock

BENGALURU: Former captain Angelo Mathews said Sri Lanka will “fight fire with fire” against England as the veteran...

Published 25 Oct, 2023 07:22pm

Sports

South Africa’s sizzling top six set the standard at World Cup

South Africa flew into the Cricket World Cup a little under the radar but the awesome range of their power hitting...

Published 25 Oct, 2023 11:37am

Markets

Sri Lankan shares end lower

COLOMBO: Sri Lankan shares closed lower on Tuesday, dragged down by the financial and industrial sectors. The CSE...

Published 25 Oct, 2023 06:19am

World

Sri Lanka approves free tourist visa for seven countries to boost tourism

Tourists from China, India, Russia, Japan, Thailand, Indonesia, and Malaysia will be issued free visas till March 31, 2024

Published 24 Oct, 2023 02:21pm

Sports

‘No time for mistakes,’ says Sri Lanka match-winner Samarawickrama

LUCKNOW: Sri Lanka batsman Sadeera Samarawickrama on Saturday said the team doesn’t “have time to make mistakes” in...

Published 21 Oct, 2023 09:50pm

Sports

Sri Lanka bring Dutch crashing back to reality at World Cup

LUCKNOW: Sadeera Samarawickrama hit an undefeated 91 as Sri Lanka brought the Netherlands crashing back down to...

Updated 21 Oct, 2023 06:22pm

Pakistan

Sri Lankan army chief calls on COAS

ISLAMABAD: Chief of army staff (COAS) General Syed Asim Munir highlighted that Sri Lanka has historic relations with...

Published 21 Oct, 2023 06:05am

Sports

Sri Lanka left with regrets after squandering strong start: Nissanka

Sri Lanka should have been closer to the 300-runs mark after making a strong start to Monday’s Cricket World Cup...

Published 17 Oct, 2023 10:33am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 2 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 2 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 2 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 2 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 2 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 2 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 2 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 2 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 2 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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