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Sri Lanka GDP

As poor nations’ default wave peaks, cash shortage could take its place

LONDON: The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka...

Updated 22 Oct, 2024 04:31pm

World

Sri Lanka’s inflation at -0.2% in September

COLOMBO: Sri Lanka’s consumer price inflation eased to minus 0.2% year-on-year in September from an increase of 1.1%...

Published 21 Oct, 2024 05:00pm

Business & Finance

World Bank raises South Asia growth forecast to 6.4% on India demand

NEW DELHI: The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of...

Published 10 Oct, 2024 12:26pm

World

Sri Lanka approves controversial foreign debt deal

COLOMBO: Sri Lanka’s new government has approved a controversial restructure of $14.7 billion in foreign commercial...

Published 05 Oct, 2024 11:30am

World

Sri Lanka gets backing from IMF, bilateral creditors for $12.5bn bondholder debt rework

COLOMBO: Sri Lanka’s $12.5 billion bondholder debt rework has received support from bilateral creditors and the...

Published 04 Oct, 2024 06:54pm

Business & Finance

Sustaining reforms critical for Sri Lanka: IMF

COLOMBO: Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International...

Published 04 Oct, 2024 12:40pm

World

Sri Lanka to move forward with third review of near $3bn IMF bailout

COLOMBO: Sri Lanka plans to move ahead with the third review of its nearly $3 billion programme of support from the...

Published 03 Oct, 2024 08:48pm

Business & Finance

Sri Lanka holds rates steady, sees rosy inflation, growth outlook

COLOMBO: Sri Lanka’s central bank kept interest rates unchanged on Friday in line with expectations, citing domestic...

Published 27 Sep, 2024 01:58pm

World

Sri Lanka economy posts 4.7% growth in Q2

COLOMBO: Sri Lanka’s economy grew 4.7% year-on-year from April to June this year, official data showed on Friday, as...

Published 13 Sep, 2024 05:40pm

World

Sri Lanka flags return to growth, protesters demand tax cuts

COLOMBO: Sri Lanka’s economy is expected to grow again from the end of this year and the government hopes the...

Published 08 Feb, 2023 05:00pm

World

India to back Sri Lanka’s debt restructuring plan

COLOMBO: India will support Sri Lanka’s debt restructuring plan, Bloomberg News reported on Tuesday, as the island...

Published 17 Jan, 2023 01:02pm

World

Sri Lanka to cut recurrent budget expenditure by 6% in 2023

COLOMBO: Sri Lanka’s cabinet said on Tuesday that it will cut its recurrent budget expenditure by 6% in 2023 as the...

Published 17 Jan, 2023 11:28am

World

Sri Lanka to slash military by a third to cut costs

COLOMBO: Sri Lanka will slash its army by a third to 135,000 personnel by next year and to 100,000 by 2030, the...

Updated 13 Jan, 2023 02:41pm

World

Sri Lanka finalises oil exploration rules, earmarks 900 offshore blocks

COLOMBO: Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore...

Published 12 Jan, 2023 06:38pm

World

Bankrupt Sri Lanka says treasury running dry, cuts spending

COLOMBO: Bankrupt Sri Lanka announced on Tuesday sharp government spending cuts and warned it had barely enough...

Published 10 Jan, 2023 04:26pm

Markets

Crisis-hit Sri Lanka targets $1.4 billion in tea earnings

COLOMBO: Sri Lanka’s tea industry could earn $1.4 billion this year despite the lowest production in decades and...

Published 04 Nov, 2022 06:19pm

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 says IMF bailout talks in ‘final stage’

COLOMBO: Cash-strapped Sri Lanka’s president announced further tax hikes and sweeping reforms on Tuesday, saying...

Published 31 Aug, 2022 05:50am

World

Sri Lanka says IMF bailout talks in ‘final stage’

COLOMBO: Cash-strapped Sri Lanka’s president announced further tax hikes and sweeping reforms on Tuesday, saying...

Published 30 Aug, 2022 06:15pm

World

Children ‘going to bed hungry’ in bankrupt Sri Lanka: UN

COLOMBO: Children in Sri Lanka are “going to bed hungry” because of the island nation’s economic crisis, the UN said...

Published 26 Aug, 2022 07:41pm

World

Sri Lanka’s ousted president Rajapaksa arrives in Thailand

Sri Lanka’s former President Gotabaya Rajapaksa has arrived in Thailand on Thursday for a temporary stay, according...

Updated 11 Aug, 2022 07:08pm

World

Sri Lanka president hits airport standoff in escape attempt

COLOMBO: Sri Lanka's embattled president was stuck in his own country Tuesday in a humiliating standoff with airport...

Updated 12 Jul, 2022 01:34pm

World

Sri Lanka cabinet to make way for unity govt amid political and economic meltdown

COLOMBO: Sri Lanka’s president and the cabinet will make way for a unity government, the prime minister’s office...

Published 11 Jul, 2022 05:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 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)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 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)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 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)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 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)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Sri Lanka GDP

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