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Gotabaya Rajapaksa

Sri Lanka welcomes US sanctions on former ruling clan

COLOMBO: Sri Lanka’s new government Tuesday welcomed US sanctions against two senior figures from the former ruling...

Published 10 Dec, 2024 01:36pm

World

Sri Lanka’s president makes U-turn on IMF bailout

COLOMBO: Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election...

Published 22 Nov, 2024 03:03am

World

Heavily indebted Sri Lanka votes in election to decide economic future

COLOMBO: Millions of Sri Lankans were casting their votes on Saturday to select a president who will face the task...

Published 21 Sep, 2024 10:12am

World

Cash-strapped Sri Lanka eyes China development

COLOMBO: Sri Lanka’s economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but...

Published 18 Sep, 2024 11:12am

Sports

Sri Lanka to host New Zealand Test during presidential vote

COLOMBO: Sri Lanka will host New Zealand for a two-match Test series during next month’s presidential election, its...

Published 23 Aug, 2024 11:44am

World

Sri Lanka to hold presidential election on Sept 21, govt notice says

COLOMBO: Sri Lanka will vote on Sept. 21 to elect a new president, a government notice said on Friday, a crucial...

Published 26 Jul, 2024 10:34am

Sri Lanka ex-leader claims ousted over China investments

COLOMBO: Former Sri Lankan president Gotabaya Rajapaksa ended a long silence over his ouster Thursday by releasing a...

Updated 08 Mar, 2024 09:47am

World

Sri Lanka scraps long-term visa for Russians, Ukrainians

COLOMBO: Sri Lanka said Sunday it had ended long-term tourist visa extensions for thousands of Russians and...

Published 25 Feb, 2024 11:31am

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

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

Sri Lanka top court rules Rajapaksa brothers guilty of economic crisis

COLOMBO: Sri Lanka’s Supreme Court issued Tuesday a symbolic ruling that the powerful Rajapaksa brothers —...

Published 15 Nov, 2023 06:09am

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

Markets

Cash-strapped Sri Lanka to restructure domestic debt

COLOMBO: Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a...

Published 26 Jun, 2023 11:38am

Business & Finance

Cash-strapped Sri Lanka’s economy shrinks 11.5pc

COLOMBO: Crisis-hit Sri Lanka’s economy shrank by 11.5 percent in the first quarter just before an IMF bailout...

Published 16 Jun, 2023 06:27am

World

Wickremesinghe delivers IMF deal for Sri Lanka despite public mistrust

COLOMBO: When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his...

Published 21 Mar, 2023 11:10am

World

IMF approves Sri Lanka's $2.9bn bailout

COLOMBO: Sri Lanka's president said Monday that the International Monetary Fund has approved its request for a $2.9...

Published 20 Mar, 2023 10:55pm

World

Strike grips Sri Lanka as unions protest IMF bailout

COLOMBO: Bankrupt Sri Lanka’s hospitals were crippled and transport disrupted on Wednesday as trade unions protested...

Updated 15 Mar, 2023 08:08pm

World

Sri Lanka workers defy strike ban to protest rescue plan

COLOMBO: Sri Lankan workers went on strike Wednesday in defiance of a government ban to protest a rescue plan for...

Published 01 Mar, 2023 12:47pm

World

Sri Lanka needs bilateral creditor assurances to unlock $2.9bn bailout, IMF says

COLOMBO: Sri Lanka’s bailout package can be presented to the International Monetary Fund’s board for approval as...

Published 10 Feb, 2023 09:41am

Business & Finance

Bankrupt Sri Lanka slashes fuel prices

COLOMBO: Crisis-hit Sri Lanka slashed fuel prices on Monday, the second cut in as many weeks, after the World Bank...

Published 18 Oct, 2022 06:02am

Sports

Asia Cup title lifts spirits of battered Sri Lanka

COLOMBO: Crisis-hit Sri Lanka burst into spontaneous celebrations Sunday as the South Asian nation won the Asia Cup...

Published 12 Sep, 2022 12:33am

World

Anger over bloated new Sri Lanka government

COLOMBO: Sri Lanka added 37 new senior posts to its government on Thursday, sparking a social media backlash over...

Published 09 Sep, 2022 06:09am

Opinion

Sri Lanka has an IMF deal, now it courts China and India

Sri Lanka’s International Monetary Fund bailout plan could be a turning point in its worst economic crisis, but...

Published 07 Sep, 2022 04:13am

World

Sri Lanka’s ousted President Rajapaksa gets govt residence, security on return: officials

Sri Lanka’s ousted President Gotabaya Rajapaksa was provided on Saturday with an official residence and security by...

Updated 03 Sep, 2022 06:32pm

World

Bankrupt Sri Lanka’s deposed president ‘to return home’

COLOMBO: Bankrupt Sri Lanka’s deposed former president Gotabaya Rajapaksa is expected to end his self-imposed exile...

Published 02 Sep, 2022 11:50am

Business & Finance

IMF agrees to $2.9bn bailout for bankrupt Sri Lanka

COLOMBO: Bankrupt Sri Lanka agreed a conditional $2.9 billion bailout with International Monetary Fund negotiators ...

Published 02 Sep, 2022 06:00am

World

Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan

COLOMBO: Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency...

Updated 31 Aug, 2022 12:19pm

World

Sri Lanka widens import ban as economic crisis persists

COLOMBO: Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an...

Published 24 Aug, 2022 01:01pm

Business & Finance

Crisis-hit Sri Lanka warns of record 8% economic contraction

COLOMBO: Sri Lanka’s economic meltdown will result in a record contraction of at least eight percent this year but...

Published 18 Aug, 2022 01:58pm

World

Former Sri Lankan President Rajapaksa will return next week

Sri Lanka's former president Gotabaya Rajapaksa will return to the island nation next week after fleeing in July ...

Published 17 Aug, 2022 03:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Gotabaya Rajapaksa

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