*ACS Capital Research* *News Alert 16.05.2025* *Colombo stock market gathers further momentum* The Colombo stock market yesterday gathered further momentum, with a sharp rise in indices and turnover on the back of bullish investor sentiment. Source:https://www.ft.lk/front-page/Colombo-stock-market-gathers-further-momentum/44-776538 *Sri Lanka says signed $930.8 mln debt restructuring deal with Indian EXIM Bank* Sri Lanka has signed the amendments to the seven Lines of Credit and four Buyers’ Credit Facilities and a total of $930.8 million worth loans were restructured, the Finance Ministry said. Source:https://economynext.com/sri-lanka-says-signed-930-8-mln-debt-restructuring-deal-with-indian-exim-bank-220985/ *Top private banks see NPL ratios fall in Q1* Sri Lanka’s top three private banks’ non-performing loan (NPL) ratio averaged at 3% at the end of the first quarter (as at 31 March), compared to the average of 5% during the same period of the previous year, financial statements showed. Source:https://www.themorning.lk/articles/cYq6lkpFOqueKC2EKTHq *Tourist arrivals surge early May reaching 32% of 2025 target* Sri Lanka’s tourism sector showed improved growth in tourist arrivals in the first 13 days of May 2025, with an expansion of 21.53 percent year-on-year (YoY) compared to the same period in 2024. Source:https://www.dailymirror.lk/breaking-news/Tourist-arrivals-surge-early-May-reaching-32-of-2025-target/108-309020 *Japan eyes SL for electronics* Sri Lanka has the potential to undertake electronics and electrical goods manufacturing for Japanese businesses, Japan External Trade Organisation (JETRO) Country Representative Hiroki Oi told The Daily Morning Business yesterday. Source:https://www.themorning.lk/articles/FuKQWGnoNNjZLyDTX9xH