Sri Lanka has passed new law for Colombo Port City, limiting tax holidays to 15 years for billion dollar investments and ...

Sri Lanka's Prime Minister Ranil Wickremesinghe (R) shakes hands with Liu Jianchao, China's Assistant Foreign Minster and Special Envoy, during their meeting in Colombo February 6, 2015.

COLOMBO, Sri Lanka (AP) — Sri Lanka’s Parliament on Thursday passed a law installing a powerful economic commission to administer a huge Chinese luxury oceanside development after altering elements of ...

CHEC Port City Colombo Ltd., the master developer of Port City Colombo, has reaffirmed its commitment to attracting foreign ...

Why Is Myanmar’s Military Bothering to Hold an Election? Sri Lanka recently announced that a major development project, suspended since March 2015, will finally resume. The Colombo Port City Project, ...

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 ...