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Hambantota Refinery: Sinopec’s $3.7 Billion Push for Energy Independence

Sri Lanka is preparing for one of the largest-ever foreign direct investments in its history, with China’s Sinopec Group moving forward on a US$3.7 billion oil refinery project in Hambantota. This mega-project comes at a time when Sri Lanka is seeking to secure energy independence and reduce reliance on volatile global fuel markets. Project Scope […]

September 17, 2025

By SLDirectory

Central Bank of Sri Lanka Issues Rs. 2000 Commemorative Currency Note to Mark 75th Anniversary

Central Bank of Sri Lanka Issues Rs. 2000 Commemorative Currency Note to Mark 75th Anniversary The Central Bank of Sri Lanka (CBSL) today issued a Rs. 2000 circulated commemorative currency note in celebration of its 75th anniversary. The launch of this special note reflects the milestone theme, “Stability for Prosperity,” underscoring CBSL’s continued commitment to […]

September 17, 2025

By SLDirectory

IonQ’s $1.075B Acquisition of Oxford Ionics: A Quantum Leap in Computing

In a significant move within the tech industry, IonQ, a leader in quantum computing, has announced the acquisition of Oxford Ionics, a UK-based quantum startup, for $1.075 billion. The deal comprises approximately $1.065 billion in IonQ stock and $10 million in cash, subject to customary closing adjustments. This acquisition positions IonQ as a formidable player […]

September 16, 2025

By SLDirectory

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