Trends - President Ranil Wickremesinghe

President Ranil Wickremesinghe

Sri Lankans vote with issues of welfare, economic reforms at stake

COLOMBO: Sri Lankans began voting on Thursday in a snap election to decide if the Indian Ocean island will give its...

Published 14 Nov, 2024 12:07pm

World

Sri Lanka picks Marxist-leaning Dissanayake as president to fix economy

COLOMBO: Sri Lanka elected Marxist-leaning Anura Kumara Dissanayake as its new president on Sunday, putting faith in...

Updated 22 Sep, 2024 08:58pm

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

For Sri Lanka’s minority Tamils, election does not offer hope

JAFFNA: Scarred by a decades-long civil war and struggling to survive in Sri Lanka’s crippled economy, ethnic...

Published 20 Sep, 2024 01:54pm

World

Sri Lanka to vote in first poll since economic collapse

COLOMBO: Cash-strapped Sri Lanka will vote for its next president Saturday in an effective referendum on an...

Published 19 Sep, 2024 11:59am

World

Sri Lanka’s contentious Rajapaksa scion enters presidential race

COLOMBO: Sri Lanka’s ruling party nominated a scion of the controversial Rajapaksa family Wednesday to challenge the...

Published 07 Aug, 2024 01:33pm

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

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 seals partial debt deal after financial crash

COLOMBO: Cash-strapped Sri Lanka said Wednesday it had clinched a restructuring deal with a majority of bilateral...

Published 27 Jun, 2024 06:52am

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 likely to sign bilateral debt agreements on Wednesday, foreign minister says

COLOMBO: Sri Lanka was expecting to sign the bilateral debt restructuring agreements with key creditors Japan and...

Published 25 Jun, 2024 11:56am

Business & Finance

‘Procedural issues’ delaying Sri Lanka debt deal: IMF

COLOMBO: Sri Lanka’s planned foreign debt restructure after an unprecedented economic crisis has been delayed by...

Published 14 Jun, 2024 11:54am

World

Sri Lanka gives preliminary approval to Musk’s Starlink

COLOMBO: Sri Lanka has given Elon Musk’s Starlink, the satellite unit of SpaceX, preliminary approval to provide...

Published 06 Jun, 2024 01:41pm

World

Sri Lankan health crisis could worsen as doctors seek work abroad

COLOMBO: Once considered one of the best in the region, Sri Lanka’s healthcare system is ailing, laid low by the...

Published 19 Feb, 2024 10:30am

World

Sri Lanka says financial crisis ‘gradually’ easing

COLOMBO: Cash-strapped Sri Lanka is “gradually” emerging from its worst economic crisis after the austerity of an...

Updated 04 Feb, 2024 10:18pm

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

Business & Finance

Sri Lanka lifts import ban on trucks, heavy vehicles

COLOMBO: Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy vehicles for the first time since...

Published 15 Aug, 2023 01:31pm

World

Sri Lanka trying to reduce overall debt by $17bn, president says

COLOMBO: Sri Lanka is trying to reduce its overall debt by $17 billion through restructuring, its president told the...

Published 26 Apr, 2023 12:12pm

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

Markets

Sri Lanka seeks 10-year debt moratorium ahead of IMF bailout

COLOMBO: Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil...

Published 20 Mar, 2023 03:43pm

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 outlaws strikes as anti-tax protests spread

COLOMBO: Sri Lanka’s government said Tuesday it was banning strikes in several key sectors, a day ahead of a planned...

Published 28 Feb, 2023 03:12pm

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

Global lenders eye coordinated assistance for Sri Lanka

COLOMBO: Global lenders including the World Bank, the Asian Development Bank and the IMF are planning coordinated...

Published 06 Dec, 2022 03:08pm

World

Sri Lanka Supreme Court shoots down ‘de-radicalisation’ bill

COLOMBO: Sri Lanka’s Supreme Court blocked the country’s parliament from approving a bill that would have allowed...

Published 20 Oct, 2022 04:15pm

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

World

Sri Lanka faces ‘great danger’ as crisis drags

COLOMBO: Sri Lanka faces a “great danger” with fuel shortages sparked by its unprecedented economic crisis set ...

Published 04 Aug, 2022 07:37am

World

Sri Lanka faces ‘great danger’ as crisis drags

COLOMBO: Sri Lanka faces a “great danger” with fuel shortages sparked by its unprecedented economic crisis set to...

Published 03 Aug, 2022 01:28pm

World

Sri Lanka president seeks unity government to save economy

COLOMBO: Sri Lanka’s new president Ranil Wickremesinghe has formally invited MPs to join an all-party unity...

Published 31 Jul, 2022 03:27pm

World

Wickremesinghe, a wily political survivor, elected Sri Lanka's president

COLOMBO: Ranil Wickremesinghe, a lawyer who served as Sri Lanka's prime minister a record six times, has finally ...

Updated 20 Jul, 2022 02:10pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.99 ▲ 0.88 (12.38%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Beco Steel Ltd / Dec 18 Beco Steel Limited(BECO)	9.25 ▲ 0.99 (11.99%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
GOC (Pak) / Dec 18 GOC (Pak) Limited.(GOC)	65.10 ▼ -6.97 (-9.67%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.10
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.68
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.38
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.04
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.18
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.77
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.27
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.23
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.17

Markets →

Budget 2024-25: income tax calculator for FY25

President Ranil Wickremesinghe

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