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Political risks loom over Sri Lanka's economic stabilisation - Vimarsana News

Political risks loom over Sri Lanka's economic stabilisation

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

Source: ft.lk
Political risks loom over Sri Lanka's economic stabilisation - Vimarsana News

Political risks loom over Sri Lanka's economic stabilisation

Sri Lanka is on the mend from its disastrous crisis last year — but absent structural reform, political disgruntlement could yet derail economic stabilisation, writes Ganeshan Wignaraja.

China's Sinopec to establish $4.5 billion refinery at Sri Lanka's Hambantota port: Minister - Vimarsana News

China's Sinopec to establish $4.5 billion refinery at Sri Lanka's Hambantota port: Minister

The upcoming plant of Sinopec, which entered the Sri Lankan market in July this year, would be the largest foreign direct investment with $4.5 billion for Sri Lanka.

96 Percent of Upstream Firms Developing New O&G Fields: Report - Vimarsana News

96 Percent of Upstream Firms Developing New O&G Fields: Report

1,023 firms are also planning new liquefied natural gas (LNG) terminals, pipelines, or gas-fired power plants.

Fitch Affirms Sinopec IDRs at A+, Outlook as Stable - Vimarsana News

Fitch Affirms Sinopec IDRs at A+, Outlook as Stable

Fitch said it expects Sinopec's volume to increase in its refining segment, as domestic gasoline demand has reverted to pre-pandemic levels.