News

HAMBANTOTA, (AP) - This battered harbour town on Sri Lanka's southern tip, with its scrawny men selling even scrawnier fish, seems an unlikely focus for an emerging international competition over ...
HAMBANTOTA, Sri Lanka -- This battered harbor town on Sri Lanka's southern tip, with its scrawny men selling even scrawnier fish, seems an unlikely focus for an emerging international competition ...
Opposition propaganda here is that the present Sri Lankan government is eager to give Trincomalee harbor to India to balance the grant of 80 per cent stake in Hambantota harbor to a Chinese state ...
But experts say Hambantota harbor requires near-constant dredging, possibly interfering with sea life. The better choice, they say, would have been a site on the eastern edge of the island ...
The proposed $3.7 million oil refinery to be built by China’s Sinopec in Sri Lanka’s Hambantota port is facing significant ...
Sri Lankan President Mahinda Rajapaksa on Sunday dedicated to the nation the first phase of the $1.5-billion Hambantota harbour being constructed with Chinese help. The harbour, which will begin ...
By 2014, Hambantota was losing money. Realizing that they needed more experienced operators, the SLPA signed an agreement with China Harbor and China Merchants Group to have them jointly develop ...
Under the deal, a copy of which was reviewed by The Wall Street Journal, China Merchants Port Holdings Co. would pay about $1.1 billion for its share of the port and adjoining land in Hambantota ...
President Maithripala Sirisena said yesterday that the government had not reached an agreement over the Hambantota Harbour and the Industrial Zone. He said the government would not reach an ...
Every time Sri Lanka’s president, Mahinda Rajapaksa, turned to his Chinese allies for loans and assistance with an ambitious port project, the answer was yes. Yes, though feasibility studies ...