*BRS News Flash 04.06.2025* • The Colombo Stock Exchange closed on a strong note, with ASPI gaining 234.50 points (+1.38%) to reach a new all-time high of 17,214.39, surpassing the previous record of 17,193.79 set on 18th February 2025. 🚀 📊 🎉 Source: https://research.bartleetreligare.com/reports/traders-daily-digest-03062025-1193 • Sri Lanka will prepare a law covering public private partnerships, giving effect to a budget proposal, minister Nalinda Jayatissa said. 📜 🤝 ⚖ Source: https://economynext.com/sri-lanka-to-make-new-law-for-ppps-223966/ • Total tea auction offerings crossed the 6.0 M/Kgs mark and totalled a 6.45 M/Kgs this week. The highest quantity on offer since Sale No. 5 of 5 February 2025 (6.5 M/Kgs). 🍃 📦 📈 Source: https://www.dailymirror.lk/business-news/Tea-auction-offering-crosses-6-mn-Kgs-this-week/273-310589 • Efforts are underway to establish a new industrial zone in Ingiriya and begin the second phase of development at the Raigama Milleniya industrial park, the government said this week, as part of a broader push to attract investments into the Western Province. 🏭 🌍 💰 Source: https://www.dailymirror.lk/business-news/Western-province-set-for-industrial-expansion-with-Rs-3bn-investment/273-310587 • Port City Colombo commemorated the formal handover of office space to key anchor tenants with a special ceremony held recently. 🏢 🌊 🎊 Source: https://www.dailymirror.lk/business-news/Port-City-Colombo-commemorates-tenant-handover-of-Business-Centre/273-310578 • The Colombo Stock Exchange (CSE) has granted in-principle approval for the listing of Shariah-compliant debt securities by Vidullanka PLC, up to Rs. 500 million through a Sukuk issuance. 💡📄 🕌 Source: https://www.dailymirror.lk/business-news/CSE-grants-approval-for-Vidullankas-Rs-500-mn-Sukuk-listing/273-310586 • The Cabinet of Ministers on Monday approved proceeding with a wide-ranging development initiative to provide underutilised State-owned lands and properties to suitable investors for optimal usage. 🌱 🏗 💼 Source: https://www.ft.lk/front-page/Rs-250-m-allocation-to-unlock-investment-potential-of-underutilised-lands/44-777257 • 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. 💸 📈 🏦 Source: https://www.themorning.lk/articles/Hx5i4hXUP0IwH6pQCqUc *BRS Equity Research*