FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» DIPD/HAYC/HAYL
by Eranga87 Today at 1:54 am

» CSE - The World's best performer!
by madukp Today at 1:31 am

» IS it right time to stick to warren buffett's most famous saying ???
by kasun_gimhana Today at 12:36 am

» TRUE VALUE OF LANKA ALUMINUM INDUSTRY (LALU)
by Wolf86 Yesterday at 10:33 pm

» EBCR group of companies
by Wolf86 Yesterday at 10:30 pm

» GLAS will be winner with Super Gain.
by Promoney Yesterday at 7:29 pm

» Daily Foreign Transactions
by Pradeep90 Yesterday at 6:58 pm

» Use the Ten Principles of Value Investing to spot value stocks in the oversold market
by EquityChamp Yesterday at 5:44 pm

» HATTON NATIONAL BANK PLC
by ADVENTUS Yesterday at 4:22 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Yesterday at 4:19 pm

» The strong learn to hang in there and keep bouncing back until they win. Stock market for beginners
by Asoka Samarakone Yesterday at 4:04 pm

» Everybody talks about huge selling. That means there are buyers in the market to buy these shares. Stock market for beginners
by samaritan Yesterday at 4:00 pm

» SHOESHINE BOYS!
by Bakkabwoi Yesterday at 2:36 pm

» CSE - Market status
by stockie Yesterday at 1:06 pm

» Guardian Investment Trust (GUAR) could Sky Rocket
by RJ1010 Yesterday at 9:41 am

» CB to continue the current accommodative monetary policy stance
by samaritan Yesterday at 9:18 am

» PANASIAN POWER PLC (PAP.N0000)
by vijay singh Yesterday at 2:26 am

» Maharaja's Advice
by madukp Yesterday at 1:17 am

» Millennial Capital Youtube Channel
by MillennialC Wed Mar 03, 2021 11:54 pm

» Personal Loans in Sri Lanka from Hatton National Bank
by onenine87 Wed Mar 03, 2021 8:34 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Pakistan’s trade with Sri Lanka comes to a halt

Pakistan’s trade with Sri Lanka comes to a halt

Go down  Message [Page 1 of 1]

God Father


Manager - Equity Analytics
Manager - Equity Analytics
Trade between Pakistan and Sri Lanka has come to a screeching halt.

The reason behind the stoppage is said to be the rising violence against the Muslim community in Sri Lanka in the wake of recent terrorism and suicide attacks over there, which resulted in heavy casualties.

“Rice and textile exports to Sri Lanka from Pakistan have stopped. Potato export has also reduced drastically,” said Pakistan-Sri Lanka Business Forum Chairman Aslam Pakhali.

“It is the Muslim community in Sri Lanka that imports Pakistani products and sells them there. They are partners of Pakistani exporters,” said Pakhali, adding that the properties of Muslims were damaged during the recent wave of violence over there.

“Their shops, super stores and godowns are being targeted. The goods exported from Pakistan have been unloaded at the Sri Lankan port, but the importers are not getting them cleared because of the deteriorating law and order situation there,” he added.

“The goods, especially fruits and vegetables, in godowns are perishing.

Sri Lanka is a major importer of Pakistani rice and textile products, but the exports have come to a halt,” he added.

Pakhali said a delegation of the forum held a meeting with the Sri Lankan ambassador in Pakistan and emphasised that the Muslim community over there be protected.

The delegation condemned the terrorist activities in Sri Lanka and condoled the loss of precious lives over there.

They demanded of the Sri Lankan government to compensate for the losses inflicted upon the Muslim community and provide them with protection.

Pakhali said, “The loss to the Muslim community by now is estimated at $500 million and payments to the Pakistani exporters amounting of $30 million have been withheld.”

He said the exports would not resume till the law and order situation in Sri Lanka improved. “Pakistan will face difficulties in achieving the export target in the final months of this fiscal year,” he added.

A Sri Lankan businessman Zainul Abideen told The Express through WhatsApp that the Muslim community in Sri Lanka was facing a ton of problems and was under siege.

“The law enforcement agencies are searching properties of Muslims. They are being attacked by mobs,” said Abideen. “Most of the losses to Muslims occurred in Negombo, Kurunegala and Puttalam districts. Violent mobs are attacking Muslims in the presence of security personnel.”

He said mobs were attacking Muslim neighbourhoods while the authorities were silent. “The national media of Sri Lanka is keeping its citizens in the dark about such injustice,” he added.

Source: The Express Tribune

Teller

Teller
Moderator
Moderator
Pakistan kiyanne maha loku ratak nemei. India has given enough pressure to them . Export frompakistan to india will hit 200%  taxes. So pakistan economy is in risk and their foreign reserves has been reduced 40 billion to 8  billion approx.  So this decision is so bad to pakistan and good to sri lanka even we export lot to them. We have all natural resources to cultivate enough stuffs around the country


_________________




Teller said is said..

3Pakistan’s trade with Sri Lanka comes to a halt Empty Spot the fake news Thu May 23, 2019 11:12 pm

hammurabi

hammurabi
Manager - Equity Analytics
Manager - Equity Analytics
May 23, 2019 (LBO) – Sri Lanka’s High Commission in Islamabad, Pakistan said the news item titled “Pakistan’s trade with Sri Lanka Comes to a halt” which appeared in The Express Tribune of Pakistan on 20 May 2019 is fake news.

Releasing a statement, the High Commission said this fake news item has been published without proper verification of the facts contained therein.

The High Commission emphatically states that no person by the name of Aslam Pakhali referred to in the said news item, met the High Commissioner or the Consulate General as reported.

Full Statement:

Fake News Item Published in “The Express Tribune” of Pakistan

The news item titled “Pakistan’s trade with Sri Lanka Comes to a halt” which appeared in The Express Tribune of Pakistan on 20 May 2019 is fake news.

Having seen the said disturbing News Item, which is absolutely untrue and incorrect, the High Commission made an attempt to ascertain it’s veracity from the newspaper concerned and the Office of the Consul General of Sri Lanka in Karachi, which mainly deals with corporate and commercial matters. The Consulate, thereupon made inquiries swiftly and informed the High commission that it contacted the person who was purported to have given a statement to the said newspaper. Mr. Aslam Pakhali, to whom the statement in the said news item was attributed had been contacted by the Consulate and it transpired that Mr. Pakhali had not made such statement or provided any such information to the newspaper as reported. Further, he confirmed that he had neither met the High Commissioner of Sri Lanka nor did he lead a delegation as was reported.

The High Commissioner thereupon wrote to the editor of The Express Tribune and expressed his dismay and dissatisfaction over the fake news and demanded a correction thereof.

The High Commission emphatically states that no person by the name of Aslam Pakhali referred to in the said news item, met the High Commissioner or the Consulate General as reported. The said fake news item has been published without proper verification of the facts contained therein.

High Commission of Sri Lanka

Islamabad
https://www.lankabusinessonline.com/news-item-titled-pakistans-trade-with-sri-lanka-comes-to-a-halt-is-fake-sl-high-commission/

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
When it comes to grassroot level everyone knows that people are refraining from transactions with Muslim community.accordingly items imported from Pakistan has a serious negative impact.

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@soileconomy wrote:When it comes to grassroot level everyone knows that people are refraining from transactions with Muslim community.accordingly items imported from Pakistan has a serious negative impact.
When every srilankan(sinhalese,tamil,muslim,burger,malay) loved party UNP form strong new government, this problem would be solved. Very Happy Very Happy Very Happy

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
What ever the party we vote we should look at its policies.

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum