Events & Happenings Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sinopec’s $3.7 Billion Refinery Project: A Game-Changer for Sri Lanka’s Energy Sector

Colombo, Sri Lanka – September 2025 Sri Lanka is on the brink of a transformative leap in its energy sector, with Chinese energy giant Sinopec preparing to begin construction on a USD 3.7 billion oil refinery project later this year. Alongside this, the government has also confirmed plans for a USD 3 billion expansion of […]

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Government & Economy Sri Lanka Business News Sri Lanka Latest News

Port City Incentive Overhaul: A Policy Shift with Big Impacts

olombo, Sri Lanka — September 20, 2025 The government has issued new regulations overhauling the incentive framework for businesses in the Colombo Port City Special Economic Zone (SEZ). The changes, gazetted on 20 September 2025, mark a shift from generous long-term tax holidays to a more moderate and tiered system. Sri Lanka News What’s Changed […]

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Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sri Lanka’s First Full Budget Under President Dissanayake Targets 5% Growth

Colombo, Sri Lanka – September 2025 The government of President Anura Kumara Dissanayake has unveiled its first full national budget, aiming to deliver 5% economic growth in 2025 while laying the foundation for long-term fiscal stability. This budget comes at a crucial time, as the nation continues to rebuild from its financial crisis and restore […]

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