John Keells Stock Brokers
John Keells Stock Brokers
May 22, 2025 at 03:16 AM
*JKSB Opening Bell – News Snippets* 🔔 *22.05.2025* *Sri Lanka central bank cuts rates by 25bp to 7.75-pct to push prices up* “Sri Lanka’s central bank has cut its ‘single policy rate’ by 25 basis points to 7.75 percent, saying it will help push up inflation to its 5 percent target.” https://economynext.com/sri-lanka-central-bank-cuts-rates-by-25bp-to-7-75-pct-to-push-prices-up-221896/ *Sri Lanka targets USD 36 Bn export revenue by 2030* “Chairman and Chief Executive Officer of the Sri Lanka Export Development Board (EDB) Mangala Wijesinghe said that Sri Lanka’s national export target is to achieve USD 36 billion by 2030.” https://www.dailynews.lk/2025/05/22/business/782579/sri-lanka-targets-usd-36-bn-export-revenue-by-2030/ *Sri Lanka gets US$197mn as FDI in IQ 2025: Minister* “Sri Lanka has received 197 million US dollars as foreign direct investment in the first quarter of 2025, Deputy Minister of Finance and Planning Harshana Suriyapperuma said.” https://economynext.com/sri-lanka-gets-us197mn-as-fdi-in-iq-2025-minister-221768/ *Secondary bond market yields increase further* “The secondary bond market yesterday saw yields increase further on the back of continued selling pressure as market participants were seen adopting a cautious stance ahead of the upcoming Monetary Policy Review due on 22 May – this Thursday.” https://www.ft.lk/financial-services/Secondary-bond-market-yields-increase-further/42-776703 *Gold prices climb once again* “Gold prices in Sri Lanka have seen a notable increase once again, according to the latest market data from the Colombo Gold Centre.” https://www.adaderana.lk/news.php?nid=108721 *Sri Lanka sells Rs157.5bn in Treasury bills, yields mostly flat* “Sri Lanka has sold 157.5 billion rupees of Treasury bills, with yields mostly flat, data from the state debt office showed.” https://economynext.com/sri-lanka-sells-rs157-5bn-in-treasury-bills-yields-mostly-flat-221794/ *80,000 tourist arrivals in May* “The number of tourists who arrived in the country in the first 18 days of May stood at 80,421, the Sri Lanka Tourism Development Authority (SLTDA) has announced.” https://www.themorning.lk/articles/v746dxBkaxZFpe50Wpgn *April tea crop reaches five-year high* “Sri Lanka’s tea crop in April has reached a five-year high at 26.3 million kilograms (Mnkg), Asia Siyaka Commodities PLC said.” https://www.ft.lk/front-page/April-tea-crop-reaches-five-year-high/44-776769

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