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 / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	156.45
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
India Sensex / Dec 30	78,248.13
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Hang Seng / Dec 30	20,111.38
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14

Item	Value
Crude Oil USD/Barrel / Dec 30	71.36
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Gold Spot USD/Ounce / Dec 30	2,604.69
Cotton US¢/pound / Dec 30	68.76
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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Budget 2024-25: income tax calculator for FY25

Ranil Wickremesinghe

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