Despite past criticisms, the government led by the National People’s Power (NPP) has taken steps to elevate Sino-Lanka ties ...

AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” ...

SPC Global’s new dairy division has scored a multi-million dollar deal for distribution in China. Hold tight - we’re checking ...

During his visit to China, Sri Lankan President Anura Kumara Dissanayake had strategic discussions with a number of Chinese ...

BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run ...

China has offered to invest USD 3.7 billion in Sri Lanka, stated to be the biggest-ever foreign investment in the island ...

Sri Lanka marked a significant milestone by securing the largest foreign direct investment to date during President Anura Kumara Dissanayake’s four-day ...

The President’s Media Division yesterday revealed that a $ 3.7 billion investment by leading Chinese global petroleum firm Sinopec was formalised with the signing of an agreement with the Ministry of ...

Sri Lanka has secured “one of its largest FDIs”, President Anura Kumara Dissanayake announced after signing a $3.7 ...

Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in ...

It aims to raise roughly $2.2bn, which would make it one of the biggest energy public offerings in over a decade. The ...