COLOMBO (The Island/ ANN) - Geopolitics is probably the biggest driver of port activity in South Asia, as regional powers invest in facilities to increase influence in the Indian Ocean and develop better access to resources and future markets in Central Asia and the Middle East.
COLOMBO (The Island/ANN) - According to a survey by the Zurich-based market research cum polling firm Worldwide Independent Network/ Gallup International Association, Sri Lanka sits in the second slot next to the West African nation Niger.
COLOMBO (The Island/ANN) - Associate Professor of the Lee Kuan Yew University Razeen Sally believes that Sri Lanka should not be overly reliant on China's aid for development, as it would be unable to formulate a balanced foreign policy with India and the West.
COLOMBO (The Island/ANN) - Ex-defence secretary Gotabhaya Rajapaksa believes that India's Prime Minister Narendra Modi was undoubtedly in a fix regarding the Maithripala Sirisena-Wickremesinghe administration’s partnership with Beijing.
COLOMBO (The Island/ANN) - State Minister Palitha Ranga Bandara believes that China is facing a difficult situation with regard to Sri Lanka's political situation, particularly in view of ex-president Rajapaksa hinting at a possible change in government during his visit to Beijing.
COLOMBO (The Island/ANN) - Thanking the navy for swiftly regaining control of the Hambantota port from protesting workers, Prime Minister Ranil Wickremesinghe said the employees would be absorbed by the new company after takeover.
COLOMBO (The Island/ANN) - Tensions erupted when workers of the Hambantota Port seized and held a Japanese ship and its crew members as a mark of protest against a proposed public-private partnership contract between the government and state-owned China Merchants Port Holdings Company Ltd.