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 ...

Sri Lanka can easily produce chlorine and caustic soda at a very low cost as the country is surrounded by sea; he said adding that around 70 per cent of the total salt production comes from sea water.

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 ...

Their fears grew this week, when a Chinese survey ship docked at Hambantota. Sri Lanka and China call it a scientific research vessel, which will stay through Aug. 22 to resupply.

FILE - A Sri Lankan port worker stands on jetty at the Chinese-run International Port in Hambantota, Sri Lanka, Aug. 16, 2022. Share Chinese-Funded Projects Deepen Sri Lanka’s Economic Woes ...

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 ...

Sri Lanka will call for an expression of interest from investors in a new oil refinery in the southern town of Hambantota, Power Minister Kanchana Wijesekera said on Tuesday. The decision was made ...