Trends - Sri Lankan economy - Business Recorder

Sri Lankan economy

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, a...

Published 30 Nov, 2023 06:01pm

Business & Finance

Sri Lanka resumes rate cuts to boost growth as inflation cools

COLOMBO: Sri Lanka’s central bank resumed interest rate cuts on Thursday to boost growth and as the government seeks...

Published 05 Oct, 2023 10:00am

World

Sri Lankan economy to see growth next year after 3.8% contraction, says World Bank

COLOMBO: Sri Lanka’s economy is set to perform better than expected but still see a significant contraction in 2023...

Published 03 Oct, 2023 12:10pm

World

Sri Lanka’s creditors likely to reach debt reduction deal in Oct

TOKYO: Sri Lanka’s major creditors such as Japan, India and France are likely to reach a broad agreement this month...

Published 02 Oct, 2023 04:37pm

World

Sri Lanka’s economy shrank 3.1% in Q2 amid financial crisis

COLOMBO: Sri Lanka’s economy shrank 3.1% in the April-June quarter, official data showed on Friday, as the country...

Published 15 Sep, 2023 04:50pm

Markets

Crisis-hit Sri Lanka readies for critical first IMF review

Crisis-hit Sri Lanka must convince IMF officials that it has met key goals under a $2.9 billion bailout to push...

Published 13 Sep, 2023 01:04pm

World

Pakistan among countries in grip of debt problems

LONDON: The persistent and damaging debt problems gripping a number of developing world nations will be a core topic...

Published 03 Sep, 2023 02:57pm

World

Sri Lanka records lowest inflation since economic crisis

COLOMBO: Inflation in crisis-hit Sri Lanka eased to 4.0 percent in August, the lowest since before last year’s...

Published 01 Sep, 2023 12:01pm

World

Sri Lanka lifts import limits on 286 items as crisis eases

COLOMBO: Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the...

Published 10 Jun, 2023 02:09pm

World

Debt-ridden Sri Lanka gets $350mn loan boost from Asian Development Bank

COLOMBO: The Asian Development Bank (ADB) on Monday approved a $350 million special policy-based loan to provide...

Published 29 May, 2023 02:01pm

World

Sri Lanka could wrap up debt restructure talks by Sept, president says

TOKYO: Crisis-stricken Sri Lanka should be able to conclude newly-launched debt restructuring talks by September, or...

Published 25 May, 2023 09:21am

World

Sri Lanka expects FDI to jump to $1.3bn with India taking lead

COLOMBO: Sri Lanka is expecting foreign direct investment inflows to rise by a fifth to $1.3 billion this year, a...

Published 24 May, 2023 06:34pm

Business & Finance

Chinese state-owned firm to build major Sri Lanka port complex

COLOMBO: A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by...

Published 01 May, 2023 05:35pm

World

Sri Lanka’s inflation dips as IMF bailout kicks in

COLOMBO: Cash-strapped Sri Lanka’s inflation eased to 35.3 percent, the lowest in a year, the statistics office said...

Published 28 Apr, 2023 08:52pm

Business & Finance

Sri Lanka’s key inflation rate eases to 35.3% in April

COLOMBO: Sri Lanka’s key inflation rate eased to 35.3% in April from 50.3% in March, the statistics department said...

Published 28 Apr, 2023 03:14pm

World

Sri Lanka’s economy to shrink by 2% in 2023

NEW DELHI: Sri Lanka’s economy is expected to shrink by 2% in 2023, its central bank said in an annual report on...

Published 27 Apr, 2023 05:22pm

World

Sri Lanka expects to finalise domestic debt rework by May

LONDON/COLOMBO: Sri Lanka will kick off a reworking of part of its domestic debt next month and aims to finalise it...

Published 30 Mar, 2023 08:31pm

World

Sri Lanka’s economy shrinks 7.8% in 2022

COLOMBO: Sri Lanka’s economy shrank 7.8% in 2022 from a year ago, government data showed on Wednesday, as the...

Published 15 Mar, 2023 05:23pm

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

Markets

Sri Lanka raises far less than targeted from bond sale

COLOMBO: The Sri Lankan government raised 110.44 billion rupees through a bond sale on Monday, far short of its 180...

Published 13 Mar, 2023 06:07pm

World

Sri Lanka’s growth to shrink by 3% in 2023, rebound in 2024: Moody’s

COLOMBO: Sri Lanka’s growth is expected to shrink by 3% this year, Moody’s Investors Service said on Monday as the...

Published 13 Mar, 2023 06:03pm

Markets

Sri Lankan shares slip; economy contracts 11.8% in Q3

Sri Lankan shares on Thursday marked their worst day in three weeks, while data showed the economy contracted 11.8%...

Published 15 Dec, 2022 05:59pm

World

Sri Lanka's economy shrinks 11.8% in second-worst performance

COLOMBO: Sri Lanka’s economy shrank 11.8% in the July-September quarter from a year ago, the second worst for the...

Updated 15 Dec, 2022 05:37pm

World

Sri Lanka expects up to $8bn more in loans, asset restructuring

COLOMBO: Sri Lanka is expecting loans of up to $5 billion next year from multilateral agencies besides a deal with...

Updated 14 Dec, 2022 06:14pm

World

Bankrupt Sri Lanka clears budget as IMF bailout delays

COLOMBO: Crisis-hit Sri Lanka’s parliament Thursday approved President Ranil Wickremesinghe’s 2023 budget, vital to...

Published 08 Dec, 2022 08:11pm

World

Sri Lanka postpones debt restructuring talks, hopes for IMF deal in Dec

COLOMBO: Sri Lanka has postponed a round of debt restructuring talks initially expected to be held on Thursday to...

Published 17 Nov, 2022 05:54pm

Markets

Crisis-hit Sri Lanka targets $1.4 billion in tea earnings

COLOMBO: Sri Lanka’s tea industry could earn $1.4 billion this year despite the lowest production in decades and...

Published 04 Nov, 2022 06:19pm

World

Sri Lanka aims to have $2.9bn IMF loan finalised in December

LONDON: Sri Lanka expects the International Monetary Fund board to approve a $2.9 billion loan by year-end,...

Published 23 Sep, 2022 07:40pm

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 resumes bailout discussions with IMF, finance ministry says

NEW DELHI: Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout...

Published 29 Jul, 2022 07:40pm

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

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