Trends - Sri Lanka - Business Recorder

Sri Lanka

The dynamics of debt restructuring in Sri Lanka

Sri Lanka suspended normal debt servicing of several categories of its external debts in April 2022, followed by...

Published 28 Dec, 2023 09:00am

World

Sri Lanka detains nearly 15,000 in drug crackdown

COLOMBO: Sri Lanka’s police announced Sunday the arrests of nearly 15,000 people during a week-long military-backed...

Published 24 Dec, 2023 10:21am

World

World Bank releases $250mn to boost Sri Lanka reforms

COLOMBO: The World Bank said Wednesday it had released $250 million to support bankrupt Sri Lanka’s tough economic...

Published 20 Dec, 2023 05:44pm

Pakistan

Egypt, Oman, Bosnia, Sri Lanka, Cyprus: Alvi for enhanced cooperation

ISLAMABAD: President Dr Arif Alvi has underscored the need for increasing cooperation with Egypt, Oman, Bosnia, Sri...

Published 20 Dec, 2023 06:00am

Business & Finance

Sri Lanka’s economy returns to growth, led by agriculture

COLOMBO: Sri Lanka’s economy grew by 1.6% in the quarter from July to September, official data showed on Friday, ...

Published 18 Dec, 2023 06:42am

World

Sri Lanka grows 1.6% in Q3, first economic expansion in six quarters

COLOMBO: Sri Lanka’s economy grew by 1.6% in the quarter from July to September for the first time in six quarters,...

Published 15 Dec, 2023 05:06pm

Sports

Sri Lanka appoints new cricket selectors

COLOMBO: Sri Lanka’s cricket board appointed new selectors on Wednesday, a day after its recently sacked members...

Published 13 Dec, 2023 06:05pm

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

Editorials

Sensitive price index: roiling resurgence?

EDITORIAL: The Sensitive Price Index (SPI) for the week ending 7 December 2023 against the week ending 30 November...

Published 13 Dec, 2023 05:33am

Sports

Sri Lanka revokes sacking of cricket board

COLOMBO: Sri Lanka’s sports minister revoked on Tuesday the sacking of the country’s cricket board over allegations...

Published 12 Dec, 2023 04:54pm

Business & Finance

Sri Lanka extends restrictions on outward remittances by 6 months

Sri Lanka extended restrictions on outward remittances by six months to manage foreign exchange reserves, cabinet...

Published 12 Dec, 2023 01:17pm

World

Sri Lanka approves VAT hike to 18% ahead of IMF review

COLOMBO: Sri Lanka’s parliament approved a hike in value-added tax (VAT)to 18% from 15% on Monday ahead of the...

Published 11 Dec, 2023 07:09pm

Business & Finance

Sri Lanka expects second tranche of IMF programme on Dec. 12

Sri Lanka expects the second tranche of its IMF programme on Dec. 12, cabinet spokesperson and transport minister...

Published 06 Dec, 2023 02:31pm

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28
France CAC40 / Apr 25	8016.65
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Sri Lanka

Most Popular