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$3.7 Billion Hambantota Refinery: What It Means for Sri Lanka’s Energy Independence

Sri Lanka is set to embark on a transformative energy project as China’s Sinopec prepares to commence construction of a $3.7 billion oil refinery near the Hambantota Port. Scheduled to begin operations in 2025, this state-of-the-art facility aims to process 200,000 barrels of crude oil daily, significantly enhancing Sri Lanka’s refining capacity and reducing its […]

September 16, 2025

By SLDirectory

Commercial Bank of Ceylon Reports 101% Profit Growth for Q2 2025

Colombo, Sri Lanka – August 2025 – The Commercial Bank of Ceylon PLC (ComBank) has reported a remarkable 101% year-on-year increase in profit, reaching Rs. 15.9 billion for the quarter ending June 2025. This impressive performance underscores the bank’s strong financial position and the effectiveness of its strategic initiatives. The significant growth in profits reflects […]

August 31, 2025

By SLDirectory

Sri Lanka’s High-End Casino Tourism Initiative Set to Boost Colombo

Sri Lanka is taking bold steps to strengthen its tourism sector with the development of the $1.2 billion “City of Dreams” casino complex in Colombo. This ambitious project is part of a strategic effort to attract high-end international tourists and position the country as a premier destination for luxury tourism in the region. The new […]

August 31, 2025

By SLDirectory

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