Lanka Salt Hambantota was originally established as a fully state-owned corporation. On January 24, 1997, the Ministry of Finance transferred its ownership of the shares to an external party for ...

To keep the Hambantota dream alive Sri Lanka needs help, and debt-for-equity swaps have been arranged that will see controlling interests in the country's only deep sea port and Mattala ...

If there is a bright spot in Sri Lanka and China's multi-billion dollar Hambantota debacle it's that nobody has given up on it yet. "Too big to fail" is a term that's often been applied to China's ...

Hambantota port may have been of "questionable commercial value" when it belonged to Sri Lanka. But its Chinese operators say that business is picking up.And they're set to control it for 97 more ...

Recently, an adviser to Mahinda, who initiated the original collaboration with China on Hambantota back in 2007, said in no uncertain terms that Sri Lanka would like China to “give it back”.

The Chinese-built strategic southern port of Hambantota in Sri Lanka is set to become fully functional as a multi-purpose port by the next year, a top official of the company building it said on ...

When Sri Lanka announced in July 2017 that the underperforming Chinese-built Hambantota port was to be leased for 99 years to a Chinese government-linked company, Western and Indian media outlets ...