Trends - Sri Lanka - Business Recorder

Sri Lanka

Sri Lanka to host India PM Modi next month

COLOMBO: Sri Lanka will host Indian Prime Minister Narendra Modi next week, an official said Monday, as Colombo...

Published a day ago

World

Sri Lanka’s consumer prices drop 3.9% in February

Sri Lanka’s consumer prices fell 3.9% year-on-year in February after a 4% decline in January, official data showed...

Published 21 Mar, 2025 04:39pm

World

Sri Lanka records first annual growth since crisis

COLOMBO: Cash-strapped Sri Lanka’s economy grew by five percent in 2024, marking the first full year of expansion...

Published 18 Mar, 2025 09:02pm

World

Sri Lanka counts nuisance wildlife in bid to protect crops

ANURADHAPURA, (Sri Lanka): Sri Lanka carried out a nationwide census Saturday of nuisance wildlife, including...

Published 16 Mar, 2025 02:50am

World

IMF chief says Sri Lanka stabilised, pledges more help

COLOMBO: IMF chief Kristalina Georgieva pledged to support Sri Lanka’s economic recovery, praising the cash-strapped...

Published 08 Mar, 2025 05:00pm

World

Sri Lanka signs $2.5bn debt deal with Japan

COLOMBO: Sri Lanka signed a deal with Japan Friday to restructure $2.5 billion in loans, marking the first agreement...

Published 07 Mar, 2025 05:10pm

World

Sri Lanka should avoid tax exemptions, focus on passing budget, IMF says

COLOMBO: Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with...

Published 04 Mar, 2025 11:56am

World

Sri Lanka’s key consumer price index drops 4.2% in February

Sri Lanka’s consumer price index fell 4.2% year-on-year in February after dropping 4% in January, the statistics...

Published 28 Feb, 2025 05:45pm

Sports

Coca-Cola looks to bowl out Pepsi in Champions Trophy marketing contest

The sporting event marks Pakistan's most valuable marketing opportunity in decades

Published 21 Feb, 2025 10:33am

World

Sri Lanka train derailed after smashing into elephants

COLOMBO: A Sri Lankan passenger train derailed Thursday after smashing into a family of elephants, with no...

Published 20 Feb, 2025 11:18am

World

Sri Lanka’s budget likely to lead to slower fiscal consolidation, Moody’s says

COLOMBO: Sri Lanka’s budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and...

Published 18 Feb, 2025 11:36am

World

Sri Lanka expects economy to grow at 5%, repay all debt, Dissanayake says

COLOMBO: Sri Lanka will focus on transforming the economy and prepare to resume debt repayments from 2028, President...

Published 17 Feb, 2025 11:35am

Sports

Australia’s Johnson sees chance to shine while ‘Big Three’ quicks away

MELBOURNE: Australian cricket fans may have seen few positives from the stinging ODI defeat to Sri Lanka on...

Published 13 Feb, 2025 01:10pm

Sports

Asalanka leads from the front as Sri Lanka upstage weakened Australia

Sri Lanka captain Charith Asalanka led by example and smashed a belligerent hundred to set up a 49-run victory over...

Updated 12 Feb, 2025 05:29pm

Senate panel says FTAs with China, Sri Lanka are ‘disasters’

ISLAMABAD: Senate Standing Committee on Commerce has labelled the Free Trade Agreement (FTAs) with China and Sri...

Updated 04 Feb, 2025 09:34am

World

Sri Lanka records highest deflation in 65 years

COLOMBO: Sri Lanka’s consumer prices fell by 4.0 percent in January, the highest deflation rate since July 1960,...

Published 31 Jan, 2025 05:35pm

World

China, Sri Lanka agree more investment and economic cooperation

BEIJING: China and Sri Lanka have agreed on more investment and economic cooperation, after China’s President Xi...

Published 15 Jan, 2025 06:33pm

Business & Finance

Sri Lanka central bank to focus on stronger crisis recovery in 2025

COLOMBO: Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in...

Published 08 Jan, 2025 02:22pm

World

Sri Lanka president to visit China ahead of budget

COLOMBO: Sri Lanka’s president will travel to the island’s largest bilateral lender China next week ahead of his...

Published 07 Jan, 2025 05:57pm

Sports

Matt Henry, Young power New Zealand to nine-wicket ODI win over Sri Lanka

WELLINGTON: Matt Henry claimed four wickets and Will Young scored an unbeaten 90 Sunday as New Zealand coasted to a...

Published 05 Jan, 2025 11:09am

Sports

Kusal Perera hundred secures Sri Lanka’s consolation win against NZ

Top order batsman Kusal Perera smashed 101 off 46 balls to set up Sri Lanka’s consolation seven-run victory in the...

Published 02 Jan, 2025 11:20am

World

Tears, prayers as Asia mourns tsunami dead 20 years on

BANDA ACEH: Tearful mourners prayed Thursday as ceremonies began across Asia to remember the 220,000 people who died...

Published 26 Dec, 2024 12:09pm

Business & Finance

Sri Lanka’s inflation rate drops to minus 1.7% in November

Sri Lanka’s consumer price inflation dropped to minus 1.7% year-on-year in November after easing to minus 0.7% in...

Published 23 Dec, 2024 03:42pm

Sports

Uncapped Jacobs in NZ squad for Sri Lanka T20s

Big-hitting batter Bevon Jacobs was the only uncapped player in the New Zealand squad for the Twenty20 and one-day...

Updated 23 Dec, 2024 01:20pm

World

Sri Lanka president to visit key lender China

COLOMBO: Sri Lankan President Anura Kumara Dissanayake will travel to the island’s largest bilateral lender China...

Published 21 Dec, 2024 03:28pm

World

Sri Lanka navy rescues boat of 100 Rohingya refugees

COLOMBO: Sri Lanka’s navy said Friday it had rescued 102 Rohingya refugees from war-torn Myanmar adrift in a fishing...

Published 20 Dec, 2024 01:41pm

Business & Finance

Sri Lanka’s bondholders sign off on $12.55bn debt overhaul

LONDON: Sri Lanka’s bondholders signed off on the government’s proposal to restructure its $12.55 billion of...

Published 18 Dec, 2024 06:37am

World

Sri Lanka’s economy grew 5.5% in 3Q, strengthens crisis rebound

Sri Lanka’s economy grew 5.5% year-on-year in the third quarter, official data showed on Tuesday as the country...

Published 17 Dec, 2024 05:12pm

Markets

Sri Lanka’s bondholders sign off on $12.55bn debt overhaul

Sri Lanka’s bondholders signed off on the government’s proposal to restructure its $12.55 billion of international...

Published 17 Dec, 2024 10:34am

Business & Finance

Sri Lanka kicks off much-delayed $12.5bn bond deal

COLOMBO: Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in...

Published 28 Nov, 2024 07:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.54
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 24	4.96

Stock	Volume
S&P 500 / Mar 24	5,767.57
Nasdaq / Mar 24	18,188.59
Dow Jones / Mar 24	42,583.32
India Sensex / Mar 25	78,073.97
Tokyo Nikkei / Mar 25	37,780.54
Hang Seng / Mar 25	23,413.58
FTSE 100 / Mar 25	8,684.09
Germany DAX 30 / Mar 25	22,926.46
France CAC40 / Mar 25	8,073.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 24	17,085
Petrol/Litre / Mar 25	255.63
Crude Oil USD/Barrel / Mar 25	69.03
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.31
Diesel/Litre / Mar 25	258.64
Cotton US¢/pound / Mar 25	65.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel Indus.(R) / Mar 25 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	2.01 ▲ 1 (99.01%)
Ruby Textile / Mar 25 Ruby Textile Mills Limited(RUBY)	7.01 ▲ 1 (16.64%)
Sec. Inv. Bank / Mar 25 Security Investment Bank Limited(SIBL)	8.99 ▲ 1 (12.52%)
Samba Bank / Mar 25 Samba Bank Limited(SBL)	9 ▲ 0.82 (10.02%)
Leiner Pak Gelat / Mar 25 Leiner Pak Gelatine Limited(LPGL)	100.73 ▲ 9.16 (10%)
Adamjee Life Assur. / Mar 25 Adamjee Life Assurance Company Limited(ALIFE)	25.73 ▲ 2.34 (10%)
United Dist. / Mar 25 United Distributors Pakistan Limited(UDPL)	67.29 ▲ 6.12 (10%)
Crescent Fib. / Mar 25 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 25 Popular Islamic Modaraba(PIM)	13.19 ▲ 1.19 (9.92%)
Hussain Industries / Mar 25 Husein Industries Limited(HUSI)	27.30 ▲ 2.43 (9.77%)

Stock	Price
Parmount Sp. / Mar 25 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
Shahtaj Sugar / Mar 25 Shahtaj Sugar Mills Limited(SHJS)	117 ▼ -13 (-10%)
Diamond Ind. / Mar 25 Diamond Industries Limited(DIIL)	27.68 ▼ -3.07 (-9.98%)
Zephyr Textile / Mar 25 Zephyr Textiles Limited(ZTL)	9.50 ▼ -1 (-9.52%)
TPL Life Insur. / Mar 25 TPL Life Insurance Limited(TPLL)	55.02 ▼ -5.74 (-9.45%)
Shahtaj Textile / Mar 25 Shahtaj Textile Limited(STJT)	65.05 ▼ -6.54 (-9.14%)
Sindh Abadgar / Mar 25 Sindh Abadgar's Sugar Mills Limited(SASML)	55 ▼ -5.43 (-8.99%)
Elahi Cot. / Mar 25 Elahi Cotton Mills Limited(ELCM)	138 ▼ -13.03 (-8.63%)
Tri-Star Power / Mar 25 Tri-Star Power Limited(TSPL)	7.24 ▼ -0.66 (-8.35%)
Shield Corp. / Mar 25 Shield Corporation Limited(SCL)	253.90 ▼ -22.98 (-8.3%)

Stock	Volume
Pak Elektron / Mar 25 Pak Elektron Limited(PAEL)	28,623,330 ▲ 0.63
TRG Pak Ltd / Mar 25 TRG Pakistan Limited(TRG)	22,742,574 ▼ -3.59
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	19,218,186 ▲ 0.01
Sui South Gas / Mar 25 Sui Southern Gas Company Limited(SSGC)	14,168,002 ▲ 0.18
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	11,877,825 ▼ -0.05
Pak Int.Bulk / Mar 25 Pakistan International Bulk Terminal(PIBTL)	11,187,536 ▲ 0.08
Pak Refinery / Mar 25 Pakistan Refinery Limited(PRL)	10,362,407 ▼ -0.12
B.O.Punjab / Mar 25 The Bank of Punjab(BOP)	10,164,053 ▼ -0.21
K-Electric Ltd. / Mar 25 K-Electric Limited(KEL)	10,144,462 ▲ 0
Treet Corp / Mar 25 Treet Corporation Limited(TREET)	8,893,519 ▼ -0.53

Markets →

Budget 2024-25: income tax calculator for FY25

Sri Lanka

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