*Almas News Bulletin, 16th June 2025* *For more live news updates,* categorized by company and sector, check out the news tab on the almasONE Insights Portal: https://insights.almasequities.com/dl/News 🗞 *President presides over top Business Forum in Berlin; woos investments* https://www.ft.lk/front-page/President-presides-over-top-Business-Forum-in-Berlin-woos-investments/44-777767 🗞 *IMF welcomes recent electricity tariff hike* https://www.themorning.lk/articles/ijDXYESoA98dV1JMOlaZ 🗞 *Credit to private sector tops Rs. 8.5 t mark* https://www.ft.lk/top-story/Credit-to-private-sector-tops-Rs-8-5-t-mark/26-777768 🗞 *Sri Lanka welcomes over 43,000 tourists in early June* https://www.ft.lk/front-page/Sri-Lanka-welcomes-over-43-000-tourists-in-early-June/44-777765 🗞 *CBSL advises LCBs to provide concessions to SMEs* https://www.themorning.lk/articles/TYdf8wD9pK1op3Q46WFU 🗞 *Belihuloya with natural ecosystem to be developed as tourist zone* https://www.dailynews.lk/2025/06/16/business/796717/belihuloya-with-natural-ecosystem-to-be-developed-as-tourist-zone/ 🗞 *No plans to reduce tax on vehicle imports* https://www.themorning.lk/articles/2xNZ2dGaEcaVwYAgUlrF 🗞 *George Steuart sheds 10% stake in HVA Foods for Rs. 88 m* https://www.ft.lk/business/George-Steuart-sheds-10-stake-in-HVA-Foods-for-Rs-88-m/34-777755 🗞 *Union Assurance first Life Insurer in Sri Lanka to achieve ISO 27001:2022 Certification* https://www.dailynews.lk/2025/06/16/business/796649/union-assurance-first-life-insurer-in-sri-lanka-to-achieve-iso-270012022-certification/ "I'm very bullish when the market drops perceptibly because I feel it has already discounted any troubles we are going to have." - Roy Neuberger