Ebrahim Raisi, the first Iranian leader to visit Sri Lanka since 2008, says the project marks his country’s ability to share ...
Sri Lanka has leased its underutilized Mattala Rajapaksa International Airport, built with Chinese loans, to a joint venture ...
The airport is named after former president Mahinda Rajapaksa, who borrowed heavily from China for infrastructure projects ...
Pakistan narrowly avoids bankruptcy with a $1.1 billion IMF loan. Experts call for urgent reforms to reduce dependency on ...
(AFP)Sri Lanka said on Friday it had leased a white elephant international airport built with Chinese loans to a foreign ...
Foreign Minister Ishaq Dar is now Finance Minister Muhammad Aurangzeb's boss. The ex-banker is out of options, but does it ...
Mattala Rajapaksa International Airport in Hambantota opened in 2013 but was immediately plagued by problems. The project was ...
Sri Lanka’s Cabinet of Ministers on Friday approved a new legislative bill, endorsed by the International Monetary Fund (IMF) that will allow the state to confiscate any property or proceeds ...
Sri Lanka plans to transfer management of its Chinese-built Mattala Rajapaksa International Airport to Indian and Russian ...
Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet ...