ACS Capital - Market Updates
ACS Capital - Market Updates
June 11, 2025 at 01:45 AM
*ACS Capital Research* *News Alert 11.06.2025* *Sri Lanka welcomes over 21,000 tourists in early June* Sri Lanka has welcomed 21,293 tourists in the first five days of June 2025, pushing the cumulative number of visitors to over the 1.05 million mark. Source:https://www.ft.lk/front-page/Sri-Lanka-welcomes-over-21-000-tourists-in-early-June/44-777536 *New nation branding campaign for tourism* The Ministry of Tourism is to unveil a new look Nation Branding Campaign for Sri Lanka Tourism, aggressively focused on the potential global market. Source:https://www.dailynews.lk/2025/06/11/business/793922/new-nation-branding-campaign-for-tourism/ *Sigiriya declared Sri Lanka’s first sustainable destination* Sigiriya has been officially declared Sri Lanka’s first sustainable destination, following Cabinet approval and the completion of a multi-year certification process that marks a major milestone in the country’s shift toward eco-friendly tourism. Source:https://www.themorning.lk/articles/FKz2fj1VdRuvSDV45NuU *Sri Lanka expects inflation to turn positive in Q3* The Central Bank of Sri Lanka expects headline inflation to turn positive from the start of the third quarter of 2025, as energy and transport prices continue to keep inflation negative. Source:https://www.themorning.lk/articles/UOoK2GCUQeHNmOBEzFhg *IMF’s First Deputy MD to visit Sri Lanka* The International Monetary Fund’s First Deputy Managing Director (FDMD) Dr. Gita Gopinath is scheduled to visit Sri Lanka from 15 to 16 June 2025. Source:https://www.ft.lk/front-page/IMF-s-First-Deputy-MD-to-visit-Sri-Lanka/44-777585 *Two renewable energy plants to be set up in Mannar* Two new renewable energy plants are going to be established in the Mannar area in line with the government’s energy policy to absorb more renewable energy to the national grid. Source:https://www.dailynews.lk/2025/06/11/business/793893/two-renewable-energy-plants-to-be-set-up-in-mannar/ *DFCC Bank first foreign corporate to list bond on India’s NSE International Exchange* DFCC Bank PLC has become the first foreign corporate entity to list a bond on the National Stock Exchange – International Exchange (NSE IX) at GIFT City, India – marking a significant milestone in Sri Lanka’s capital markets and reinforcing DFCC Bank’s position as a regional leader in sustainable finance. Source:https://www.ft.lk/front-page/DFCC-Bank-first-foreign-corporate-to-list-bond-on-India-s-NSE-International-Exchange/44-777584 *Sri Lanka’s Colombo Dockyard builds Maldives underwater restaurants* Sri Lanka’s Colombo Dockyard Plc, a ship building and heavy engineering firm, said it was seeking more underwater restaurant building projects in the Maldives after the recent delivery of two. Source:https://economynext.com/sri-lankas-colombo-dockyard-builds-maldives-underwater-restaurants-224837/

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