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Published on Jan 20, 2025

Unshackling Sri Lanka: Strategies to reduce fossil fuel dependency and risks in power generation

Renewable energy is more cost-effective compared to several fossil fuel power generation alternatives Sri Lanka’s power sector faces technical, financial, and competitive challenges affecting its sustainability. Among these challenges, the overdependence …

Source: Daily FT - Label Pending
Published on Jan 20, 2025

Breakaway Marxists FLSP warns Sri Lanka government of stepping into Indo-China geopolitical war

ECONOMYNEXT – FrontLine Socialist Party (FLSP), a breakaway group from ruling Marxists Janatha Vimukthi Peramuna warned Sri Lanka government of stepping into a geopolitical war involved with regional powers India and China after President Anura Kumara …

Source: EconomyNext - Neutral
Published on Jan 20, 2025

Sri Lanka India Sampur solar power at 5.97 US cents: President

ECONOMYNEXT – Lanka IOC, a unit of Indian Oil Corporation has reported profits of 2,120.2 million rupees in the December 2024 quarter, down 30 percent from a year earlier, as revenue fall outpaced the decline in the cost of sales in the same quarter a year …

Source: EconomyNext - Neutral
Published on Jan 20, 2025

Bolivia blames supply factors Sri Lanka-style for 9.97-pct inflation in 2024

ECONOMYNEXT – Bolivia’s inflation hit 9.97 percent by December 2024, the highest since 2008, media reports said, as the country was wracked by parallel exchange rates and forex shortages after money printing. “But the government argues that this rate is …

Source: EconomyNext - Neutral
Published on Jan 20, 2025

‘Unwelcome news’: should India be worried about Sri Lanka and China’s growing cooperation?

China’s record US$3.7 billion investment in a Sri Lankan oil refinery has sparked fresh security concerns in India, analysts say, as New Delhi sees the growing Chinese presence near its borders as a strategic threat. During Sri Lankan President Anura …

Source: South China Morning Post - Uncategorized
Published on Jan 18, 2025

China ready to bring in US $ 10 billion to Sri Lanka

Takeaways from President’s tour of China Sinopec signed agreement to invest US $ 3.7 billion in a state-of-the-art oil refinery with a capacity of 200,000 barrels in Hambantota. It will boost foreign reserves for Sri Lanka. Its output is planned for …

Source: Daily Mirror - Label Pending
Published on 03:46 GMT

President outlines key initiatives during upcoming Middle East visit to boost energy and economy

January 21, Colombo (LNW): In preparation for an official visit to the Middle East scheduled for February, President Anura Kumara Dissanayake has unveiled key plans aimed at strengthening Sri Lanka’s energy and economic sectors. During a public address, …

Source: Lanka News Web - Label Pending
Published on Jan 20, 2025

Subdued 3Q25 for LIOC on lower fuel prices

Lanka IOC (LIOC) reported a revenue of Rs.62.46 billion for the September-December quarter (3Q25), which showed a 13 percent decline from the same period in 2023. The topline dip comes amid the rising mobility, where the demand for fuel at the pump and …

Source: Daily Mirror - Label Pending
Published on 01:22 GMT

Significant shift in country’s political culture – President

82 President Anura Kumara Dissanayake speaking at a public gathering in Kalutara on Sunday outlined the social and economic transformation carried out by his Government in a short span of time and also unveiled plans for the future. “The people of this …

Source: Daily News - Label Pending
Published on Jan 20, 2025

The rupee hasn’t overly depreciated

Recent rupee depreciation has sparked a lot of interest and commentary. There are rumours of a change in regime facilitated by the change in management. This is unlikely, however, because the RBI’s description of the Indian exchange rate regime has been …

Source: The Hindu Business Line - Neutral
Published on 03:48 GMT

Bangladesh’s power subsidies highest among neighbours despite low use

Bangladesh has the highest per capita power subsidies among its four neighbouring countries, including India and Pakistan, despite having the second-lowest per capita consumption, according to an analysis by the Bangladesh Independent Power Producers …

Source: Daily Star - Neutral
Published on Jan 16, 2025

Sri Lanka signs landmark US$3.7 billion deal with Chinese state oil giant

BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday (Jan 16). Sinopec has agreed to invest US$3.7 billion to construct a "state-of-the-art oil …

Source: Channel News Asia - Pro-Government
Published on Jan 17, 2025

Hambantota again? Is Sri Lanka getting into the same China trap?

In the largest foreign investment ever, Sri Lanka has signed a deal worth $3.7 billion with China for the construction of an oil refinery. The Chinese refinery will be constructed in the southern port city of Hambantota, the same city where China …

Source: Firstpost - Center-right
Published on Jan 20, 2025

Tentative respite in Gaza and the entry of Trump

A Palestinian man wounded in an Israeli fire is transported on a donkey cart, following a delay in the ceasefire between Israel and Hamas over the hostage list, in the northern Gaza Strip, January 19, 2025. REUTERS/Dawoud Abu Alkas TPX IMAGES OF THE …

Source: The Hindu - Center-left
Published on Jan 17, 2025

Sinopec and Sri Lanka Sign US $3.7 Billion Agreement for Oil Refinery

Chinese energy giant Sinopec has announced plans to establish its first fully controlled overseas oil refinery in Sri Lanka, marking a significant milestone in its global expansion strategy. The $3.7 billion project, formalized through an agreement with …

Source: Lanka News Web - Label Pending
Published on Jan 17, 2025

Sri Lanka Secures Record-Breaking $3.7 Billion FDI During State Visit to China

Sri Lanka achieved a historic milestone by securing its largest-ever foreign direct investment (FDI) during President Anura Kumara Dissanayake’s recent four-day State visit to China. The landmark agreement was signed between Sri Lanka’s Energy Ministry and …

Source: Lanka News Web - Label Pending
Published on Jan 17, 2025

Sri Lanka and China announce enhanced economic and political cooperation

Sri Lanka’s newly elected president, Anura Kumara Dissanayake, went on a four-day state visit to China, during which both countries agreed to elevate their bilateral relations to a higher level. They also agreed to enhance their coordination within the …

Source: Peoples Dispatch - Left-wing
Published on Jan 16, 2025

Sri Lanka signs historic $3.7bn deal with Sinopec

BEIJING: 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 construct a “state-of-the-art oil refinery” with a …

Source: Business Recorder - Neutral
Published on Jan 16, 2025

Sri Lanka signs landmark USD3.7B deal with Chinese state oil giant

BEIJING (AFP) – Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said yesterday. Sinopec has agreed to invest USD3.7 billion to construct a “state-of-the-art oil refinery” …

Source: Borneo Bulletin - Gov't Propaganda

06 days 22:58:04

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Published on January 20, 2025 - 13:32 GMT

Diaphragm Pumps Industry to Reach USD 9.55 Billion by 2033, Driven by Growth in Oil & Gas and Water Treatment Sectors

Growing demand for oil and natural gas, along with expanding diaphragm pump applications, is expected to drive steady market growth during the forecast period. NEWARK, DE, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Business & Economy ...
Published on January 20, 2025 - 06:11 GMT

Liquefied Natural Gas Carrier Market Forecast to Hit USD 23.5 Billion by 2032, Growing at a 4.18% CAGR

Liquefied Natural Gas Carrier Market was valued at around USD 16.26 billion in 2023. Forecasts suggest the market will grow from USD 16.94 billion in 2024 NEW JERSEY, NJ, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The Liquefied …

Distribution channels: Energy Industry ...

Published on January 20, 2025 - 09:30 GMT

Oil & Gas Analytics Industry Set for Strong Growth, Expected to Hit USD 87.1 Billion by 2035 with a 22.1% CAGR | Future ...

NEWARK, Del, Jan. 20, 2025 (GLOBE NEWSWIRE) -- The global oil & gas analytics industry was valued at USD 4.7 billion in 2020 and is expected to experience significant growth, with a projected year-on-year increase of 21.2% in 2025, bringing the market …

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Published on January 21, 2025 - 04:00 GMT

The Instant Evo-lution Continues: Fujifilm Introduces instax WIDE Evo™ Hybrid Instant Camera

VALHALLA, N.Y., Jan. 20, 2025 (GLOBE NEWSWIRE) -- FUJIFILM North America Corporation, Imaging Division, today announced the latest addition to its popular instax™ line of instant cameras and smartphone printers with the introduction of its instax WIDE Evo™ …

Distribution channels: Media, Advertising & PR ...

Published on January 20, 2025 - 18:53 GMT

Polysiloxane Market Analysis Report, Size, Share, Trends, Growth, Demand, Forecast , Applications and Outlook 2030

Polysiloxane market is set to grow significantly, with market value expected to rise from USD 1425.2 million in 2024 VANCOUVER, BRITISH COLUMBIA, CANADA, January 21, 2025 /⁨EINPresswire.com⁩/ -- The global polysiloxane market is set to grow …

Distribution channels: Chemical Industry ...
Published on January 21, 2025 - 01:06 GMT

Mayor Wu Urges Caution As Bitterly Cold Weather Arrives This Week

Mayor Wu issues reminders ahead of snowfall this evening. Mayor Michelle Wu today announced a cold weather advisory and winter safety tips ahead of the bitterly cold temperatures forecast for Tuesday, January 21 - Thursday, January 23. According to the …

Distribution channels: U.S. Politics
Published on January 20, 2025 - 13:59 GMT

Two-Way Radio Equipment Market to Hit $8.2 Billion by 2032 with a 5.88% CAGR

Two-Way Radio Equipment Market was assessed at $4.9 billion in 2023. It is predicted to grow from $5.19 bn in 2024 to $8.2 bn by 2032 NEW JERSEY, NJ, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The Two-Way Radio Equipment Market was …

Distribution channels: Business & Economy ...
Published on January 20, 2025 - 13:32 GMT

Flexible Pipe Market to Witness Robust Growth at 8.62% CAGR, Market Value Forecast to Hit USD 18.22 Billion by 2032

Increasing exploration and production activities in offshore and deep-water environments drive the Flexible Pipe Market. NY, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The global Flexible Pipe Market has witnessed remarkable growth in …

Distribution channels: Building & Construction Industry ...

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Published on January 21, 2025 - 04:00 GMT

GWF-Microsoft AI Collaboration Unlocks Millions of Liters of Water Savings

LUCERNE / DAVOS , SWITZERLAND, January 21, 2025 /⁨EINPresswire.com⁩/ -- Climate change is intensifying water scarcity globally, with projections indicating that by 2050, three out of four people worldwide could face drought impacts. Many …

Distribution channels: Business & Economy, Companies ...
Published on January 21, 2025 - 02:15 GMT

Laminated Batteries Market 2025: Innovations in Lightweight, High-Energy Storage for EVs and Electronics | Samsung, LG

The Global Laminated batteries market growing due to demand for lightweight, high-energy storage in EV, portable electronics, and renewable energy applications BURLINGAME, CA, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- Laminated …

Distribution channels: Energy Industry ...
Published on January 21, 2025 - 02:00 GMT

Solar Charger Market Analysis Key Drivers, Growth Forecasts, & Emerging Opportunities, 2025 | yolk, RAVPower, Goal Zero

Global Solar charger market driven by increasing eco-consciousness & need for portable, efficient solar power solutions for mobile devices and off-grid use. BURLINGAME, CA, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- Solar …

Distribution channels: Energy Industry ...
Published on January 21, 2025 - 00:26 GMT

Austin Alliance Group Joins SHRM Austin for the 2025 Stepping Stones Leadership Program

Austin Alliance Group partners with SHRM Austin to deliver the 2025 Stepping Stones Program, empowering HR leaders with skills for success. AUSTIN, TX, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- Austin Alliance Group is proud to …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on January 20, 2025 - 20:03 GMT

SolarisTech Welcomes Roberto Herrera as Global Offshore Director Amid U.S. Offshore Drilling Boom

SolarisTech appoints Roberto Herrera as Global Offshore Director to lead innovations in NDT, compliance, and safety amid U.S. offshore drilling growth. MIAMI, FL, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- SolarisTech, a global leader …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on January 20, 2025 - 18:56 GMT

Houston Managed IT Services from AVATAR Managed Services - insights on client experiences with Information Technology

Houston Managed IT services ranging from Cybersecurity to Corporate Computer Solutions, and IT Support, guide clients through the stages of Operational Maturity HOUSTON, TX, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- AVATAR Managed …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 20, 2025 - 15:00 GMT

Ledegar Roofing: Trusted Residential Roofing Experts Serving the Coulee Region

Your Trusted Roofing Experts in La Crosse and Beyond – Quality Repairs, Replacements, and Eco-Friendly Solutions for the Coulee Region. LA CROSSE, WI, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- For homeowners in La Crosse, WI, and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on January 20, 2025 - 15:00 GMT

Shannon Global Energy Solutions Promotes Energy Efficiency and Cost Savings at AHR 2025 in Orlando

Shannon GES demonstrates its products' energy efficiency, emissions reduction & energy costs savings for HVAC, at the AHR 2025 Expo in Orlando on February 10-12 TopBuild Corp. (NYSE:BLD) BUFFALO, NY, UNITED STATES, January 20, 2025 /⁨ …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on January 21, 2025 - 02:01 GMT

Cielo Announces Shares for Debt Transactions

CALGARY, Alberta, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) (“Cielo” or the “Company”) announces the anticipated settlement of an aggregate $1,622.413.10 (the “Aggregate Debt Amount”) in debt by way of share …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on January 20, 2025 - 13:45 GMT

Fuel Cell Market Projected To Witness Substantial Growth, 2025-2032 | Fuel Cell Energy Inc., Cummins Inc

CA, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The latest report published by Coherent Market Insights highlights the growth prospects of the Fuel Cell Market from 2025 to 2032. In-depth research on Industry Size, Share, Business …

Distribution channels: Energy Industry ...
Published on January 20, 2025 - 13:30 GMT

Strataphy and GeoExchange Partner to Advance Geothermal Cooling Solutions in Saudi Arabia

KHOBAR, EASTERN, SAUDI ARABIA, January 20, 2025 /⁨EINPresswire.com⁩/ -- Strataphy, a leader in geothermal cooling solutions, and GeoExchange Australia, a pioneer in geothermal system design and consulting, are excited to announce an exclusive …

Distribution channels: Energy Industry, Environment ...
Published on January 20, 2025 - 13:00 GMT

The European Magazine Announces Award Winners 2024

The European Magazine has announced the final full list of winners in their 2024 awards. LONDON, UNITED KINGDOM, January 20, 2025 /⁨EINPresswire.com⁩/ -- The European is proud to announce the final full list of winners in The European Awards 2024, …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on January 20, 2025 - 12:05 GMT

Distributed Energy Resource Management Market Projected to Reach USD 1.80 Billion by 2032 with Robust Growth

NEW YORK, NY, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The Distributed Energy Resource Management Market was valued at USD 0.73 billion in 2023 and is projected to expand from USD 0.84 billion in 2024 to USD 1.80 billion by 2032, …

Distribution channels: Energy Industry ...
Published on January 20, 2025 - 12:04 GMT

Solar Water Pumps Market Estimated to Grow to USD 5,220.5 Million by 2032 with a CAGR of 6.98 Percent

NEW YORK, NY, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The Solar Water Pumps Market is poised for significant growth, with a projected CAGR of 6.98% during the forecast period. Valued at USD 2,843.62 million in 2023, the market is …

Distribution channels: Energy Industry ...
Published on January 20, 2025 - 11:50 GMT

Industrial Boilers Market Trends and Projections - A 4.98% CAGR through 2031

The Industrial Boilers Market is growing due to increasing demand for energy-efficient and sustainable heating solutions across industries. COLORADO, CO, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research …

Distribution channels: Energy Industry ...
Published on January 20, 2025 - 11:15 GMT

Unveiling the Future of Blue Hydrogen Market with a Strong CAGR of 12% in the Coming Years 2024-2031 |thyssenkrupp AG

global blue hydrogen market is estimated to be valued at USD 20.65 Bn in 2024 and is expected to reach USD 45.55 Bn by 2031, BURLINGAME, CA, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The Latest Report, titled "Blue Hydrogen …

Distribution channels: Energy Industry ...
Published on January 20, 2025 - 11:13 GMT

Spray Drying Equipment Market on Track to Hit 10.67 billion USD by 2034 with a Steady 4.95% CAGR

The Spray Drying Equipment Market is growing, driven by demand in food, pharmaceuticals, and chemicals. WASHINGTON, WA, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- Comprehensive Research Study by Market Research Future (MRFR), the …

Distribution channels: Energy Industry ...
Published on January 20, 2025 - 11:11 GMT

Load Bank Market Generated Opportunities, Future Scope 2024-2031 |Kiyosh Electronics, Crestchic Limited

load bank market is estimated to be valued at USD 290.1 Mn in 2024 and is expected to reach USD 389.4 Mn by 2031, exhibiting a CAGR of 4.3% from 2024 to 2031. BURLINGAME, CA, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The Latest …

Distribution channels: Energy Industry ...
Published on January 20, 2025 - 10:45 GMT

Alabama Mesothelioma Victims Center Has Endorsed the Environmental Litigation Group for a Former Pulp and Paper Mill ...

BIRMINGHAM , AL, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The Alabama Mesothelioma Victims Center says, "We have endorsed the Birmingham based Environmental Litigation Group to be the go-to law firm for a pulp-paper mill worker …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on January 20, 2025 - 10:38 GMT

Pneumatic Tube System Market CAGR of 6.62% Projected to Boost Market to 7.52 billion USD by 2034

The Pneumatic Tube System Market is growing, driven by automation and logistics across industries worldwide. NEW YORK, NY, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- Market Research Future published a report titled, the Pneumatic Tube …

Distribution channels: Energy Industry ...