Trends - Sri Lankan GDP - Business Recorder

Sri Lankan GDP

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

Markets

Sri Lankan shares end higher buoyed by financials, consumer staples

Sri Lankan shares closed higher on Monday, helped by financial and consumer staple stocks. The CSE All Share index...

Published 12 Jun, 2023 04:57pm

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

Markets

Sri Lankan shares rise as central bank cuts rates, signals rebound from crisis

Sri Lankan shares rose on Thursday after the country’s central bank cut key interest rates by 250 basis points on...

Published 01 Jun, 2023 12:06pm

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

World

Sri Lanka seeks reclassification for cheaper ADB funding

Sri Lanka’s Foreign Minister Ali Sabry met the vice president of the Asian Development Bank on Tuesday seeking a...

Published 02 May, 2023 02:17pm

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 end higher as industrials, financials gain

Sri Lankan shares ended higher on Wednesday, boosted by gains in industrial and financial stocks. The CSE All Share...

Published 01 Feb, 2023 05:51pm

World

China has not done enough on Sri Lanka debt restructuring: US diplomat

COLOMBO: The United States wants China to provide credible and specific assurances to the International Monetary...

Published 01 Feb, 2023 05:34pm

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

Markets

Fitch downgrades Sri Lanka’s local currency debt rating to ‘CC’

Fitch on Thursday downgraded Sri Lanka’s Long-Term local-currency debt rating by two notches to “CC” from “CCC”,...

Published 01 Dec, 2022 09:03pm

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

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 28 Kohinoor Power Company Limited(KOHP)	4.88 ▲ 1.00 (25.77%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.90 ▲ 0.90 (15.00%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.25 ▲ 0.29 (14.80%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.11 ▲ 1.00 (10.98%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Premier Insurance / Nov 28 Premier Insurance Limited(PINL)	7.90 ▲ 0.58 (7.92%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.40 ▲ 0.88 (7.64%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)
Shakarganj / Nov 28 Shakarganj Limited(SML)	37.95 ▲ 2.65 (7.51%)

Stock	Price
Pak Gulf Leasing / Nov 28 Pak-Gulf Leasing Company Limited(PGLC)	7 ▼ -0.81 (-10.37%)
F.Credit & Inv / Nov 28 First Credit and Investment Bank Limited(FCIBL)	5.55 ▼ -0.64 (-10.34%)
Pervez Ahmed Co / Nov 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.81 ▼ -0.07 (-7.95%)
Samba Bank / Nov 28 Samba Bank Limited(SBL)	7.85 ▼ -0.66 (-7.76%)
Indus Dyeing / Nov 28 Indus Dyeing & Manufacturing Co. Limited(IDYM)	154.16 ▼ -12.49 (-7.49%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Dawood Lawrencepur / Nov 28 Dawood Lawrencepur Limited(DLL)	225.01 ▼ -14.98 (-6.24%)
Sana Ind / Nov 28 Sana Industries Limited(SNAI)	26.16 ▼ -1.59 (-5.73%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30.01 ▼ -1.77 (-5.57%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.16
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	45,640,478 ▲ 0.07
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	23,862,165 ▼ -0.08
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.15
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▼ -0.02
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 1.76
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	15,425,870 ▲ 0.14
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.63
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▼ -0.01
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.05

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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Sri Lankan GDP

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