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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 […]

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Sri Lanka Business News

Elon Musk May Become the World’s First Trillionaire Under Tesla’s New Pay Package

Global business and technology circles are abuzz with speculation that Elon Musk, CEO of Tesla and SpaceX, could become the world’s first trillionaire. The prediction follows Tesla’s latest proposal for a performance-based pay package that could grant Musk unprecedented stock rewards if the company meets its ambitious growth targets. Tesla’s Proposed Compensation Plan Tesla has […]

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Sri Lanka Business News

Sri Lankan Ruwan Palihawadana Crowned Men’s Fitness Model Champion in New Zealand

In a remarkable achievement for Sri Lankan sports and fitness, Ruwan Palihawadana has been crowned the Men’s Fitness Model Champion 2025 at the prestigious South Island Muscle & Model Classic Championship held in New Zealand. Competing as Contestant No. 73, Palihawadana showcased exceptional physique, stage presence, and dedication, earning him the coveted title in the […]

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