*JKSB Opening Bell – News Snippets* 🔔 *18.06.2025* *Sri Lanka manufacturing recovers in May after seasonal slowdown: PMI* “Sri Lanka business activities in manufacturing recovered in May 2025, with the Purchasing Managers Index compiled by the central bank registering a value of 55.5, up from the previous month’s 40.1, but respondents remained cautious about the upward revision in the electricity tariffs and the global situation.” https://economynext.com/sri-lanka-manufacturing-recovers-in-may-after-seasonal-slowdown-pmi-225886/ *Sri Lanka faces lower remittances, high oil prices over Israel-Iran attack: FM* “Sri Lanka could face lower remittances and higher oil prices due to the current conflict and instability in the Middle East after Israel’s June 13 attack on Iran, Foreign Minister Vijitha Herath said.” https://economynext.com/sri-lanka-faces-lower-remittances-high-oil-prices-over-israel-iran-attack-fm-225996/ *Sri Lanka services expand at slower rate in May pushed by increased lending: PMI* “Sri Lanka’s services sector expanded at a slower rate in May 2025, with a Purchasing Managers Index compiled by the central bank registering 57.0, from 60.6 in April.” https://economynext.com/sri-lanka-services-expand-at-slower-rate-in-may-pushed-by-increased-lending-pmi-225899/ *Sri Lanka rupee closes stronger, bond yields flat* “Sri Lanka’s rupee closed at 300.70/301.00 to the US dollar in the spot market Tuesday, stronger against Monday’s close of 300.90/301.15, dealers said, while bond yields closed broadly steady.” https://economynext.com/sri-lanka-rupee-closes-stronger-bond-yields-flat-225957/ *Sri Lanka inks restructured bilateral debt deal with France* “Sri Lanka has signed an agreement with France to reschedule a debt stock of 390 million euros until 2042 with a 5 year grace period and a cap on original interest rates.” https://economynext.com/sri-lanka-inks-restructured-bilateral-debt-deal-with-france-225873/