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Sri Lanka hands port formally to Chinese firm

COLOMBO: Sri Lanka formally handed over commercial activities in its main southern port to a Chinese company on Saturday and received $292 million out of a $1.12 billion deal, Finance Minister Mangala Samaraweera said. The deal, signed in July, will see China Merchants Port Holdings, handling the Chinese-built Hambantota port on a 99-year lease. The port is near the main shipping route from Asia to Europe and likely to play a major role in China's "Belt and Road" initiative. "Today we received $292 million as the first…

Sri Lanka beats Pakistan by 77 runs

HAMBANTOTA: Sri Lanka has recorded a massive 77-run victory against Pakistan in the second ODI played at Mahinda Rajapaksa International Cricket Stadium, Hambantota on Tuesday, ARY News reported.

Pakistan needs 311 to win

HAMBANTOTA: Sri Lanka batting first in second ODI on Tuesday scored 310 runs at Mahinda Rajapaksa International Cricket Stadium, Hambantota, ARY News reported.