Sri Lanka’s cricketing fortunes seem to be changing of late. The team’s better performance has raised hopes among many fans, while the Sports Ministry’s decision to finally pay the cricketers through a Rs. 600 million loan from the Bank of Ceylon will raise moral still higher. The financial fallout that resulted from the co-hosting of ...

By Paneetha Ameresekere Hambantota Port costs may escalate by another US$ 148 million (Rs. 15.9 billion), state run Sri Lanka Ports Authority Chairman Dr. Priyath Bandu Wickrama told The Sunday Leader in an email interview. Those additional costs are due to having to blast and remove the bedrock found in the harbour which would cost ...