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 ...

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 ...

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”.

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 ...

Sri Lanka tops the list of nations that may host a Chinese naval base in the coming years ... The South Asian nation’s Hambantota port is the most likely spot for a base given the US$2.19 ...

Over the course of seven years, Sri Lanka’s Port of Hambantota went from a bastion of hope for one of the country’s poorest districts to a dead weight that sunk its finances and turned the ...

A team from Disneyland will be visiting Hambantota to discuss setting up South Asia’s first Disneyland. Also, Diana Gamage, State Tourism Minister, Sri Lanka, is gearing up to discuss the USD 18 ...

On Saturday, the government of Sri Lanka completed the formal handover of the strategic port of Hambantota to China, which will take control of the facility on a 99-year lease.

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 has signed a $1.1bn (£837m) deal with China for the control and development of the southern deep-sea port of Hambantota. The deal had been delayed by several months over concerns that ...

The Sri Lankan government has continuously misled people over Hambantota Port, the main opposition United National Party (UNP) has said. Concern has been raised by the UNP over the port's maximum ...