John Keells Stock Brokers
John Keells Stock Brokers
June 4, 2025 at 03:21 AM
*JKSB Opening Bell – News Snippets* 🔔 *04.06.2025* *Tax revenue tops Rs. 1.7 t by end-May* “Sri Lanka’s tax revenue collection has surpassed Rs 1.7 trillion by end of May as the revenue collection agencies have managed to over achieve their end of May target, Economic Development Deputy Minister Prof. Anil Jayantha Fernando said.” https://www.themorning.lk/articles/Hx5i4hXUP0IwH6pQCqUc *Sri Lanka rupee closes stronger, bond yields slightly down* “Sri Lanka’s rupee closed at 299.40/45 to the US dollar in the spot market Tuesday, stronger against Monday’s close of 299.54/59, dealers said, while bond yields closed slightly down.” https://economynext.com/sri-lanka-rupee-closes-stronger-bond-yields-slightly-down-224044/ *Sri Lanka tourist arrivals up 18.5-pct in May with Bangladesh among top 5* “Sri Lanka’s tourist arrivals increased 18.5 percent from a year ago to 132,919 in May 2025, with most visitors coming from India and Bangladesh becoming the fourth largest market, data from the island’s tourism promotion office showed.” https://economynext.com/sri-lanka-tourist-arrivals-up-18-5-pct-in-may-with-bangladesh-among-top-5-223920/ *CIC Holdings delivers resilient FY25 results with 9% topline growth* “Agriculture-rich diversified conglomerate CIC Holdings PLC has recorded steady revenue growth during the year ended 31 March 2025 (FY25), navigating macroeconomic headwinds and intense competition.” https://www.ft.lk/front-page/CIC-Holdings-delivers-resilient-FY25-results-with-9-topline-growth/44-777255 *Major industrial development in Western Province* “In a bid to expand and modernise industrial infrastructure in the Western Province, the Cabinet of Ministers at their meeting on Monday approved two key proposals on establishing Ingiriya industrial zone and implementing the second stage of Raigam Milleniya industrial zone.” https://www.ft.lk/front-page/Major-industrial-development-in-Western-Province/44-777253

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