In the largest foreign investment ever, Sri Lanka has signed a deal worth $3.7 billion with China for the construction of an ...

Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state ...

During his visit to China from January 14-17, Sri Lankan President Anura Kumara Dissanayake secured several agreements, ...

China's Sinopec and Sri Lanka will work to resolve land, tax and water issues within a month, Foreign Minister Vijitha Herath ...

Sri Lanka’s foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state ...

Sinopec and Sri Lanka will work to resolve land, tax and water issues within a month, Herath said, adding that Colombo expects the refinery to assist the Chinese-built Hambantota Port to function ...

Sri Lankan President Anura Kumara Dissanayake has held talks with Chinese leader Xi Jinping, one month after visiting India ...

Sri Lanka's foreign minister said that the South Asian island nation had signed an agreement with Chinese state energy giant ...

The new deals ‘signal a deepening of China’s influence in Sri Lanka’ and revive concerns of a debt trap, analysts say.

Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday.

After all, we have been fooled before with “fairy tales” about an oil refinery in Hambantota. Hence ... being part of a $3.85 billion plan to build an oil refinery in Sri Lanka. According to a report ...

Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in the southern Hambantota region, according to the Sri Lanka president ...