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 […]
Colombo, Sri Lanka — September 15, 2025 Sri Lanka has made a strong showing in its economic recovery, recording a 4.9% GDP growth rate in the second quarter (April–June) of 2025 compared to the same period last year. Key Drivers Implications for Business & Investment Challenges Ahead Infrastructure & Capacity Constraints: To sustain growth, investments […]
Colombo, Sri Lanka – September 2025 Sri Lanka has recorded a remarkable 101% increase in Foreign Direct Investments (FDIs) for 2025 so far, reaching USD 569 million, compared to the same period last year. The data, released by the Board of Investment (BOI), reflects growing investor confidence in the island’s economic recovery. 🔹 Key Sectors […]
