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Hambantota port to China

Sri Lanka formally hands over Hambantota port to China

On Saturday Sri Lanka formally handed over the southern sea port of Hambantota to China on a 99-year lease. Last year, Ravi Karunanayake the former finance minister had...

Sri Lanka ‘to pay $115 million for cancelling planes’

Sri Lanka’s cash-strapped national carrier said on Wednesday (October 5) it will pay a penalty for cancelling leases on four Airbus A350s, with official...

Sri Lanka lifts ban on foreigners buying property

Sri Lanka announced on Thursday (November 10) it would lift a ban on foreigners owning property as the cash-strapped country sought to attract foreign...

Sri Lanka to sell loss-making port to China

Sri Lanka hopes to sell part of its loss-making $1.4 billion (£1.2bn) harbour to a Chinese company in January to help pay off crippling...

Sri Lanka to sell loss-making port to China

Sri Lanka hopes to sell part of its loss-making $1.4 billion (£1.2bn) harbour to a Chinese company in January to help pay off crippling...

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