Trends - Sri Lankan GDP - Business Recorder

Sri Lankan GDP

Sri Lanka’s key inflation rate falls to 0.5% in August

BENGALURU/COLOMBO: Sri Lanka’s key inflation rate fell to 0.5% in August on the year from 2.4% last month, the...

Published 30 Aug, 2024 04:53pm

World

Sri Lanka cuts rates to help fuel economic recovery

COLOMBO: Sri Lanka’s central bank cut interest rates by 25 basis points on Wednesday in a surprise decision aimed at...

Published 24 Jul, 2024 10:14am

Business & Finance

Sri Lanka inflation rises to 2.4% on year in June

COLOMBO: Sri Lanka’s consumer price inflation rose to 2.4% year-on-year in June from 1.6% in May, official data...

Published 22 Jul, 2024 03:05pm

World

Sri Lanka scraps plan to sell loss-making national airline

COLOMBO: Sri Lanka has scrapped plans to sell off its indebted national airline despite shortlisting three potential...

Published 19 Jul, 2024 01:50pm

Markets

Sri Lankan shares advance on gains in financials, consumer staples

Sri Lankan shares closed higher on Friday, lifted by gains in financial and consumer staple stocks. The CSE...

Published 12 Jul, 2024 05:44pm

World

Sri Lanka paves way for Musk’s Starlink to enter telecoms market

COLOMBO: Sri Lanka’s parliament approved amendments to a decades-old law on Tuesday to allow Elon Musk’s Starlink,...

Updated 09 Jul, 2024 10:13pm

World

Sri Lanka set to amend decades-old law to pave Starlink entry

COLOMBO: Sri Lanka’s parliament will vote this week to change a law to allow Elon Musk’s Starlink, the satellite...

Published 08 Jul, 2024 05:26pm

World

Sri Lanka to save $3bn in debt write-offs post bond rework, president says

COLOMBO: Sri Lanka will save $3 billion in debt write-offs from commercial creditors once a provisional deal to...

Published 05 Jul, 2024 05:28pm

World

Sri Lanka to save $5bn from bilateral debt deal

COLOMBO: Sri Lanka will save $5 billion following the restructure of its bilateral debt, much of which is owed to...

Published 02 Jul, 2024 11:56am

World

Sri Lanka inflation climbs as food prices rise

COLOMBO: Crisis-hit Sri Lanka’s annual inflation almost doubled to 1.7 percent in June, up from 0.9 percent the...

Published 29 Jun, 2024 10:49am

Business & Finance

Sri Lanka debt deal a key milestone towards restoring debt sustainability, IMF says

COLOMBO: The International Monetary Fund (IMF) said on Thursday that Sri Lanka’s agreements with China and other...

Published 27 Jun, 2024 09:56am

World

Sri Lanka’s economic crisis and debt deal with bilateral creditors

COLOMBO: Sri Lanka signed an agreement with its bilateral creditors led by Japan and India, Sri Lankan president’s...

Published 26 Jun, 2024 03:15pm

World

Sri Lanka’s economic recovery strengthens in first quarter

COLOMBO: Sri Lanka’s economy grew 5.3% year-on-year in the first three months of 2024, official data showed on...

Published 14 Jun, 2024 05:34pm

Business & Finance

Sri Lanka aims to halve debt servicing costs, central bank chief says

COLOMBO: Sri Lanka is committed to achieving debt sustainability at the earliest and aims to halve the servicing...

Published 07 May, 2024 02:41pm

Markets

Sri Lanka shares end higher as consumer staples, industrials rise

Sri Lankan shares closed higher on Monday, aided by consumer staples and industrials stocks. The CSE All-Share index...

Published 29 Apr, 2024 04:54pm

World

Sri Lanka leases white elephant airport built with Chinese loans

COLOMBO: Sri Lanka said Friday it had leased a white elephant international airport built with Chinese loans to a...

Published 26 Apr, 2024 05:07pm

World

Sri Lanka’s inflation drops to 2.5% in March

COLOMBO: Sri Lanka’s consumer price inflation dropped to 2.5% in March from 5.1% in February, official data showed...

Published 22 Apr, 2024 03:32pm

World

Sri Lanka records first growth after debt default

COLOMBO: Sri Lanka’s economy grew in the September quarter, the central bank said Saturday, its first expansion...

Published 16 Dec, 2023 03:21pm

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

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

World

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

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

Markets

Sri Lanka August consumer price inflation eases to 2.1%

COLOMBO: Sri Lanka’s consumer price inflation rate eased to 2.1% year-on-year in August from 4.6% in July, helped by...

Published 21 Sep, 2023 02:44pm

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

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

Inflation eases sharply in bankrupt Sri Lanka

COLOMBO: Sri Lanka's inflation eased to 12 percent in June, official data showed Saturday, the lowest figures since...

Updated 01 Jul, 2023 09:42pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.76
USD to Swiss Franc / Jun 17	0.81
Pound Sterling to USD / Jun 17	1.36
Euro to USD / Jun 17	1.16
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 17	81,649.49
Tokyo Nikkei / Jun 17	38,502.10
Hang Seng / Jun 17	23,945.81
FTSE 100 / Jun 17	8,845.59
Germany DAX 30 / Jun 17	23,441.60
France CAC40 / Jun 17	7,694.59

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 16	16,785
Gold 10 Grams PKR / Jun 16	310,613
Petrol/Litre / Jun 17	258.43
Crude Oil USD/Barrel / Jun 17	72.01
Gold Spot USD/Ounce / Jun 17	3,388.42
Diesel/Litre / Jun 17	262.59
Cotton US¢/pound / Jun 17	67.96

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 17 Crescent Jute Products Limited(CJPL)	5.57 ▲ 1 (21.88%)
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	4.55 ▲ 0.67 (17.27%)
Gulistan Sp. / Jun 17 Gulistan Spinning Mills Limited(GUSM)	9.28 ▲ 1 (12.08%)
Power Cem(Pref) / Jun 17 Power Cement (Pref)(POWERPS)	18.98 ▲ 1.73 (10.03%)
Merit Packaging / Jun 17 Merit Packaging Limited(MERIT)	14.92 ▲ 1.36 (10.03%)
Service Textile / Jun 17 Service Industries Textiles Limited(SERT)	17.88 ▲ 1.63 (10.03%)
MACPAC Films / Jun 17 MACPAC Films Limited(MACFL)	26.81 ▲ 2.44 (10.01%)
Bannu Woollen / Jun 17 Bannu Woollen Mills Limited(BNWM)	57.71 ▲ 5.25 (10.01%)
Shadman Cotton / Jun 17 Shadman Cotton Mills Limited(SHCM)	57.33 ▲ 5.21 (10%)
Pak Datacom / Jun 17 Pak Datacom Limited(PAKD)	378.26 ▲ 34.39 (10%)

Stock	Price
Unicap Modaraba / Jun 17 Unicap Modaraba(UCAPM)	3.86 ▼ -0.74 (-16.09%)
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	3.31 ▼ -0.54 (-14.03%)
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	3.87 ▼ -0.52 (-11.85%)
Sardar Chemical / Jun 17 Sardar Chemical Industries Limited(SARC)	77.10 ▼ -8.57 (-10%)
Pakgen Power / Jun 17 Pakgen Power Limited(PKGP)	237.39 ▼ -26.38 (-10%)
PIA Holding Co.B / Jun 17 PIA Holding Company Limited B(PIAHCLB)	15,300.17 ▼ -1700.02 (-10%)
Hala Enterprise / Jun 17 Hala Enterprises Limited(HAEL)	24.86 ▼ -2.76 (-9.99%)
Calcorp Ltd / Jun 17 Calcorp Limited(CASH)	43.34 ▼ -4.8 (-9.97%)
Khyber Textile / Jun 17 Khyber Textile Mills Limited(KHYT)	1,457.04 ▼ -158.06 (-9.79%)
First Fid. Leasing / Jun 17 First Fidelity Leasing Modaraba(FFLM)	2.95 ▼ -0.32 (-9.79%)

Stock	Volume
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	239,756,205 ▼ -0.01
Pervez Ahmed Consultancy / Jun 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	97,496,465 ▼ -0.05
Sui South Gas / Jun 17 Sui Southern Gas Company Limited(SSGC)	49,860,990 ▲ 1.54
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	49,081,749 ▼ -0.54
B.O.Punjab / Jun 17 The Bank of Punjab(BOP)	43,532,329 ▲ 0.17
Bank Makramah / Jun 17 Bank Makramah Limited(BML)	41,528,036 ▲ 0.2
Kohinoor Spining / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	37,900,841 ▼ -0.11
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	37,499,448 ▼ -0.52
PIA Holding Co.Ltd / Jun 17 PIA Holding Company Limited(PIAHCLA)	25,538,700 ▼ -0.21
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	23,790,756 ▲ 0.67

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