Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. Sinopec has agreed to invest $3.7 billion to ...

Chinese state-owned oil and gas giant China Petrochemical Corporation, commonly known as Sinopec, entered into an agreement ...

Violent obstruction of app-based taxis at tourist hotspots by local taxi 'mafias' is escalating, harming drivers and their ...

Sri Lanka's insurance regulator was blocked from implementing a key regulation by trade unions of state-run Sri Lanka ...

Sinopec Fuel Oil Lanka (Pvt) Ltd. (SFOL) has introduced of High Sulphur Fuel Oil (HSFO) to the Sri Lankan market for bunkering, a move that is set to transform the country’s maritime fuel sector. This ...

Sri Lanka is playing a balancing act as it manages its ties with India and China. It is heavily dependent on the two rival ...