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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

Maldives Grants Free 90-Day On-Arrival Tourist Visas for Sri Lankans

In a significant step towards strengthening bilateral relations and promoting regional tourism, the Government of the Maldives has officially announced the issuance of free on-arrival tourist visas valid for 90 days to Sri Lankan citizens. According to the Presidential Media Division (PMD), this decision became effective on 29th July 2025, coinciding with President Anura Kumara […]

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

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