Sri Lanka on Saturday sealed a billion-dollar deal to let a Chinese state firm take over a loss-making port in a move that has been opposed by unions and worries the island's neighbours. The...
Sri Lanka's government Tuesday approved the sale to China of a majority stake in a loss-making but strategically-sited deep sea port for more than a billion dollars, the ports minister said. The...
Sri Lankan President Maithripala Sirisena announced his first cabinet reshuffle Monday, switching his finance and foreign ministers as he resists mounting pressure from a breakaway faction in his own...
Cash-strapped Sri Lanka is to scale back a profitable but controversial deal to sell a deep-sea port to a Chinese company after widespread protests, the ports minister said Thursday. Arjuna Ranatunga...