Trends - Ranil Wickremesinghe - Business Recorder

Ranil Wickremesinghe

Sri Lanka’s leftist president faces first parliament test

COLOMBO: Sri Lanka’s new leftist leader has drawn strong support from an unlikely source as he seeks to expand his...

Published 12 Nov, 2024 12:50pm

World

Curfew imposed in Sri Lanka after polls close peacefully

COLOMBO: Sri Lanka imposed a night curfew across the country Saturday despite a peaceful presidential election that...

Published 22 Sep, 2024 02:47am

World

Sri Lanka president defends IMF bailout in campaign launch

COLOMBO: Sri Lanka had no option but to agree to an International Monetary Fund bailout that required tough...

Published 29 Aug, 2024 03:16pm

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 court convicts president over vote delay

COLOMBO: Sri Lanka’s top court found President Ranil Wickremesinghe guilty of “unlawful conduct” on Thursday for...

Published 22 Aug, 2024 08:01pm

World

Sri Lanka election panel approves incumbent Wickremesinghe for presidential race

COLOMBO: Sri Lanka’s election panel gave approval on Thursday for President Ranil Wickremesinghe to contest a...

Published 15 Aug, 2024 02:51pm

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 President Wickremesinghe fails to get backing of largest party for re-election

COLOMBO: Sri Lanka’s President Ranil Wickremesinghe failed on Monday to secure the backing of the biggest political...

Published 29 Jul, 2024 06:55pm

Business & Finance

Sri Lanka raises taxes ahead of foreign debt deal

COLOMBO: Sri Lanka slapped a new 18 percent value added tax (VAT) on fuel, mobile phones and computers from Monday ...

Published 02 Jan, 2024 05:21am

World

Sri Lanka raises taxes ahead of foreign debt deal

COLOMBO: Sri Lanka slapped a new 18 percent value added tax (VAT) on fuel, mobile phones and computers from Monday...

Published 01 Jan, 2024 10:49am

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

World

Sri Lanka needs $100bn to become net zero emitter by 2040, president says

COLOMBO: Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on...

Published 28 Nov, 2023 08:16pm

Markets

Sri Lanka’s revenue shortfall concerns IMF team

COLOMBO: The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’s...

Published 26 Sep, 2023 06:12pm

World

India, Sri Lanka agree to boost ties through energy, power and port projects

NEW DELHI: India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing...

Published 21 Jul, 2023 04:26pm

World

Sri Lankan leader seeks to disarm India’s China fears

COLOMBO: Sri Lanka’s president arrives in India on Thursday for his first visit to the regional powerhouse, with...

Published 18 Jul, 2023 11:41am

Pakistan

PM Shehbaz expresses gratitude to Sri Lankan president for support in IMF deal

In phone call with Ranil Wickremesinghe, PM Shehbaz acknowledges role played by Sri Lanka as a friend and a well-wisher of Pakistan

Updated 17 Jul, 2023 06:29pm

World

Sri Lanka could exit bankruptcy by September, says president

COLOMBO: Sri Lanka could exit bankruptcy by September, President Ranil Wickremesinghe said on Friday, signalling a...

Updated 30 Jun, 2023 02:37pm

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

World

Sri Lanka again delays local polls, defying court order

COLOMBO: Sri Lanka again postponed local polls on Tuesday in defiance of a court order, delaying a de facto...

Published 11 Apr, 2023 05:35pm

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

World

Sri Lanka president says China agrees to restructure loans

COLOMBO: Sri Lanka’s president said Tuesday that China had agreed to restructure its loans to the bankrupt island...

Updated 07 Mar, 2023 12:51pm

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

Bankrupt Sri Lanka set to postpone local elections

COLOMBO: Bankrupt Sri Lanka is set to postpone local elections due next month, according to a top official,...

Published 21 Feb, 2023 04:31pm

World

Sri Lanka bankruptcy to last until 2026: president

COLOMBO: Sri Lanka’s president said Wednesday the island nation will remain bankrupt for at least three more years...

Published 08 Feb, 2023 01:53pm

World

Sri Lanka completing pre-requisites for IMF aid: President

COLOMBO: Sri Lanka is completing the pre-requisites to unlock a $2.9 billion bailout from the International Monetary...

Updated 04 Feb, 2023 08:24pm

World

Sri Lanka economy could shrink by -3.5% to -4%, president says

COLOMBO: Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil...

Published 28 Jan, 2023 06:35pm

Business & Finance

Sri Lanka aims to nearly double tax revenue by 2026, says president

COLOMBO: Sri Lanka aims to nearly double its tax revenue to around 15% of gross domestic product by 2026 from 8.5%...

Published 20 Oct, 2022 05:36am

World

Sri Lanka aims to nearly double tax revenue by 2026, says president

COLOMBO: Sri Lanka will attempt to increase tax revenues to 15% of gross domestic product by 2026 from 8.5% now,...

Published 19 Oct, 2022 07:13pm

World

Sri Lanka president, Chinese minister discuss debt restructuring

MUMBAI: Sri Lanka’s President Ranil Wickremesinghe discussed restructuring of the country’s debt with the ...

Published 17 Oct, 2022 05:57am

Business & Finance

Sri Lanka looks to revive free trade deal with Singapore

COLOMBO: Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil...

Published 27 Sep, 2022 12:16pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Cotton US¢/pound / Nov 21	70.60
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Ranil Wickremesinghe

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