
John Keells Stock Brokers
June 13, 2025 at 03:37 AM
*JKSB Opening Bell – News Snippets* 🔔
*13.06.2025*
*Sri Lanka’s growth forecast to decelerate to 3.5% this year: WB*
“The World Bank (WB) yesterday revealed that growth in Sri Lanka is forecast to decelerate to 3.5% this year, reflecting the scarring effects of the crisis, structural impediments to growth, and heightened global economic uncertainties.”
https://www.ft.lk/front-page/Sri-Lanka-s-growth-forecast-to-decelerate-to-3-5--this-year--WB/44-777627
*Rs. 100 m allocation for key industrial and entrepreneurial initiatives*
“The Cabinet of Ministers at their meeting on Monday approved allocating Rs. 100 million for a series of key initiatives aimed at boosting industrial and entrepreneurial projects.”
https://www.ft.lk/front-page/Rs--100-m-allocation-for-key-industrial-and-entrepreneurial-initiatives/44-777630
*Sri Lanka sells extra Rs17.5bn Treasury bills after auction*
“Sri Lanka has sold 17.5 billion rupees of treasury bills offered on tap at average rates of 7.55 percent and 7.94 percent, the state debt office said.”
https://economynext.com/sri-lanka-sells-extra-rs17-5bn-treasury-bills-after-auction-225320/
*Sri Lanka rupee closes weaker, bond yields steady*
“Sri Lanka’s rupee closed at 299.00/15 to the US dollar in the spot market Thursday, weaker against Wednesday’s close of 298.98/299.05, dealers said, while bond yields closed mostly steady except for the 2029 maturities.”
https://economynext.com/sri-lanka-rupee-closes-weaker-bond-yields-steady-225324/
*Motor vehicle imports generate Rs. 149 b in taxes*
“Sri Lanka Customs has released close to 50,000 motor vehicles between December 2024 and June 2025, contributing over Rs. 149 billion in tax revenue to the government, the Finance Ministry said.”
https://www.themorning.lk/articles/BJhch1CBFyHZgqZaSRDQ