A 350-meter tall China-funded tower will be the main attraction for Sri Lanka to lure tourists to the bankrupt country. Shaped like a gigantic long-stemmed lotus, the structure is the tallest in the ...

COLOMBO (Reuters) - The grand opening of Sri Lanka's tallest tower was mired in controversy on Monday when President Maithripala Sirisena said one of the Chinese firms contracted to work on the ...

Breach of trust along with an attempt to revoke an agreement already been entered into for awarding a contract to provide high speed elevators and escalators to the Colombo Lotus Tower, has led a ...

COLOMBO (Reuters) - A Sri Lankan parliamentary panel will investigate an allegation of corruption against a Chinese company contracted to work on the construction of South Asia's tallest tower.

The project cost Sri Lanka $113 million, maintenance costs are reportedly huge and annual revenue is pegged at present at around $8.2 million. When will it recover its expenditure?

The project cost Sri Lanka $113 million, maintenance costs are reportedly huge and annual revenue is pegged at present at around $8.2 million. When will it recover its expenditure?

Add Yahoo as a preferred source to see more of our stories on Google. The Lotus Tower, the tallest tower in South Asia in shape of a 356-meter lotus and built with Chinese funding, is seen during its ...