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
Economics
Sri Lanka Signs $3.7 Billion Deal with Sinopec for New Oil Refinery in Hambantota
Sri Lanka has signed a landmark agreement with Sinopec, the Chinese international petroleum corporation, to build a state-of-the-art oil refinery in Hambantota. The.
- January 16, 2025
Economics
Sri Lanka Promoted as Gateway to Business Opportunities at Antwerp Event
The Embassy of Sri Lanka in Brussels showcased Sri Lanka’s impressive economic recovery and emerging prospects in trade, investment, and tourism to over.
- December 16, 2024
Finance
Vallibel Finance Raises Rs. 3 Billion Through First-Ever Listed Debenture Issue
Vallibel Finance PLC has successfully raised Rs. 3 billion through its inaugural listed debenture issue, which concluded last week. The issue attracted overwhelming.
- November 26, 2024
Politics
FTZMA Congratulates NPP’s Landslide Victory, Commits to Supporting Economic Reforms
The Free Trade Zone Manufacturers Association (FTZMA), the sole trade chamber representing export-oriented companies under the purview of the Board of Investment (BOI),.
- November 20, 2024
Business
SLIBC Leads Business Promotion Mission to Indonesia
The Sri Lanka-Indonesia Business Council (SLIBC) of The Ceylon Chamber of Commerce successfully concluded a Business Promotion Mission to Indonesia from 6 October.
- October 22, 2024
Finance
Hela Apparel Holdings Raises Rs. 1.6 Billion Through Successful Rights Issue
Hela Apparel Holdings PLC has successfully raised Rs. 1,596,826,135 through its recent rights issue, marking a significant step in the company’s financial strategy..
- October 16, 2024
Markets
Current Gold Prices in Sri Lanka (October 11, 2024)
As of October 11, 2024, the gold prices in Sri Lanka are as follows: For those looking to invest in gold, 1 gram.
- October 11, 2024
Economics
Sri Lanka-Canada Business Council Prepares for Mission to Strengthen Trade Ties
The Sri Lanka-Canada Business Council (SLCBC) held a crucial briefing with Prime Minister Dr. Harini Amarasuriya on October 10, 2024, in Colombo, as.
- October 11, 2024
Economics
World Bank Signs $200 Million Deal to Support Sri Lanka’s Economic Reforms
The World Bank and the Government of Sri Lanka signed the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO) yesterday,.
- October 8, 2024