COLOMBO, Sri Lanka (AP) — The U.S. announced a $553 million project Wednesday to build a deep-water shipping container terminal in Sri Lanka's Port of Colombo as it competes with China in ...

HAMBANTOTA, Sri Lanka — Every time Sri Lanka’s president, Mahinda Rajapaksa, turned to his Chinese allies for loans and assistance with an ambitious port project, the answer was yes. Yes, though ...

Sri Lanka's largest port began on Wednesday construction of a $700 million terminal project, partly funded by India's Adani Group, an official said, marking the first foray by an Indian company into ...

COLOMBO, Oct 25 (Reuters) - Sri Lanka is preparing legislation with tax incentives to attract investment into a big property development near Colombo port that includes a $1.4 billion Chinese-backed ...

NEW DELHI, July 21 (Reuters) - India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing cooperation in renewable energy and studying the feasibility of building ...

BEIJING (Reuters) - China said on Thursday that Sri Lanka's visiting president had promised work would resume on a controversial Chinese-backed port development in Colombo that his administration had ...

COLOMBO, Sri Lanka — The U.S. announced a $553 million project Nov. 8 to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo as it competes with China in international ...