SL and Sinopec Finalize $3.7 Billion Refinery Deal in Hambantota
Sri Lanka and China’s leading petroleum firm Sinopec have formalized a landmark agreement for a $3.7 billion oil refinery in Hambantota. The deal.
Investments
Logistics
Port of Colombo Achieves Record Growth in 2024
The Sri Lanka Ports Authority (SLPA) Terminals reached a historic milestone by handling over 2.4 million Twenty-Foot Equivalent Units (TEUs) as of December.
- January 8, 2025
International Economic Developments
Revival of Japanese Development Projects in Sri Lanka
As Sri Lanka approaches the completion of its debt restructuring process, optimism is rising for the resumption of long-stalled development initiatives. Eleven Japanese-funded.
- October 7, 2024
Economics
Ceylon Energy and HJT China Complete 33kV Power Lines in Maho and Ampara
Ceylon Energy, in collaboration with HJT China, proudly announces the successful completion of the Maho and Ampara 33kV power distribution lines. This achievement.
- September 23, 2024
Business
Hambantota International Port Projects 50% Growth by Year-End
The Hambantota International Port (HIP) has achieved significant milestones in 2024, with a 40 percent increase in volumes to date. The port’s Commercial.
- August 26, 2024