*ACS Capital Research* *News Alert 06.02.2025* *Sri Lanka moves closer to finalising debt restructuring with Japan* Sri Lanka has taken a major step towards finalising its debt restructuring process with Japan, with the Cabinet of Ministers on Monday approving the signing of exchange notes and an amended agreement with the Japan International Cooperation Agency (JICA). Source:https://www.ft.lk/front-page/Sri-Lanka-moves-closer-to-finalising-debt-restructuring-with-Japan/44-772707 *Tourism industry records best-ever January arrivals* Sri Lanka’s tourism industry has achieved a record-breaking start to 2025, welcoming 252,761 visitors in January, surpassing the previous high of 238,924 registered in 2018. Source:https://www.ft.lk/front-page/Tourism-industry-records-best-ever-January-arrivals/44-772712 *BY 2030: SL could generate $ 5 b per annum through digital exports* Sri Lanka could generate $ 5 billion annually from digital exports alone, by 2030, says Chief Advisor to the President on Digital Economy Dr. Hans Wijayasuriya. Source:https://www.themorning.lk/articles/ML22rcEGultAjvu8hk9A *$ 100 m Rural-Urban Development Project by WB to boost agriculture, climate resilience* The Cabinet of Ministers on Monday approved a five-year Integrated Rural-Urban Development and Climate Resilience Project set to launch in June 2025. Source:https://www.ft.lk/business/100-m-Rural-Urban-Development-Project-by-WB-to-boost-agriculture-climate-resilience/34-772718 *India’s top lube brand Hindustan Petroleum Lubricants arrives in Sri Lanka with Sea World Lanka* Sri Lanka’s lubricants market has been significantly strengthened with the formal entry of HP Lubricants, part of Hindustan Petroleum Corporation Ltd. (HPCL), one of India’s frontline oil majors, in partnership with Sea World Lanka Ltd. Source:https://www.ft.lk/business/India-s-top-lube-brand-Hindustan-Petroleum-Lubricants-arrives-in-Sri-Lanka-with-Sea-World-Lanka/34-772721 *BOI invests Rs. 763 Mn in Horana EPZ* The newfound government is accelerating its efforts to attract Foreign Direct Investment (FDI) to the country by providing much-needed infrastructure to existing and new investors. Source:https://www.dailynews.lk/2025/02/06/business/718425/boi-invests-rs-763-mn-in-horana-epz/