An Echelon Media Company
Monday November 9th, 2026
Construction and Real Estate

Sri Lanka construction activity PMI eases in Sept amid bitumen shortage

“The shortage of bitumen remained a major constraint, delaying several road construction projects,” the central bank...

October 31, 2026 1 min read

Sri Lanka awards Rs756.9mn road project to Asset Engineering

The project will upgrade the road from kilometre 10+500 to kilometre 16+890 on the Norwood-Bogawanthalawa-Campion (B329)

October 27, 2026 1 min read

Sri Lanka to lease 15 plantation properties to investors

Owned by Sri Lanka State Plantations Corporation, Janatha Estates Development Board and Elkaduwa Plantations Company

October 27, 2026 1 min read

Sri Lanka to recover Rs9.7bn Port City Treasury spend with first land lease

The commission has already identified four government plots and is preparing to market one of them to investors,

October 15, 2026 2 min read
Sri Lanka awards Rs1.07bn Kandy-Jaffna road widening contract to Tudawe Brothers

Contract value of Rs. 1.070 billion, inclusive of contingency provisions and exclusive of Value Added Tax (VAT)

Five companies win Rs4bn Sri Lanka road improvement bids

Asset Engineering, Nagma Engineering, K D A Weerasinghe, Senerath Engineering, Komuthi Engineering

Sri Lanka hires Master Hellie’s for Rs91.2mn Colombo traffic feasibility study

Comprising 52.44 million rupees (excluding VAT) and a foreign component of 122,859 dollars,

October 6, 2026 1 min read

Sri Lanka condominium sales drop 6.7-pct in 2026 2Q: CB

Transactions in the under 25 million rupees range fell, while most transactions were seen in the 25-50 million rupees pr

October 6, 2026 2 min read

Sri Lanka's Millennium Housing eyes legal action over land break-in

The company received BOI requests dated August 20 and September 21, to set up Metro Bus Service station on the property

October 5, 2026 2 min read

Sri Lanka construction activity PMI eases in August amid bitumen shortage

Expanded at a slower rate in August 2026 according to a Purchasing Managers Index compiled by the central bank

October 1, 2026 1 min read

Sri Lanka awards Maga Engineering Rs2.89bn Baseline extension contract

Improvement of the road section from Kirulapone Junction to Dutugemunu Street on the Colombo-Horana Road.

September 29, 2026 1 min read

Sri Lanka Land Development Corporation to procure Rs1.2bn machinery for flood mitigation

Small-scale machinery valued at an estimated 1.23 billion rupees to clear urban canals

September 23, 2026 1 min read

Prime Melwa to invest $112mn in development in Sri Lanka's Port City

"The proposed development aims to construct a landmark mixed-use waterfront project in the Colombo Port City"

September 15, 2026 1 min read

Sri Lanka's Asset Engineering wins Rs791mn Horton Plains road contract

The road was damaged 10 months ago during Cyclone Ditwah.

September 15, 2026 1 min read

Sri Lanka to call fresh bids for sports track after offer exceeds budget

Fresh tenders for the returfing of synthetic running tracks at the Sugathadasa National Sports Complex

September 8, 2026 1 min read

Sri Lanka’s Hunas Holdings partners with Japan's CCH Inc

“This partnership is entered into identify, develop and manage potential Real Estate and hospitality projects.”

September 2, 2026 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4948 3.4202
Korean Won 0.2499 0.2479
Oman Rial 861.6397 859.3320
Saudi Riyal 88.4403 88.0955
UAE Dirham 90.3209 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
CSE All Share 19,927.30 -0.28%
Turnover Rs 1457.79 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka construction activity expands in July 2026: PMI

“Survey participants continued to report supply shortages and elevated material prices.”

September 1, 2026 1 min read

Sri Lanka approves Rs25.6bn deal with Maga Engineering for Sethsiripaya III

Construction began in 2021 and advanced until three floors were completed before economic disruptions forced a halt.

August 20, 2026 2 min read

Sri Lanka residential land prices rise 6.7-pct in Colombo in H1 2026

The overall land value index went up 5.9 percent.

August 19, 2026 1 min read

Sri Lanka cabinet approves transfer of state machinery to local bodies

"These assets are not currently being utilized by the State Engineering Corporation,

August 19, 2026 1 min read

Sri Lanka to designate three firms for Port City strategic status

Marina Hotel Holdings (Private) Limited, Prime Melva Port City (Private) Limited, and Homelands Port City (Private) Limi

August 18, 2026 1 min read

Sri Lanka construction activity expands in June 2026: PMI

“Many survey respondents reported that shortages of key raw materials, particularly bitumen, continued to restrain

August 3, 2026 1 min read

Sri Lanka to award Rs15bn contract for Ruwanpura Expressway Phase 1

July 28, 2026 2 min read

Russia’s NOSTROY explores Sri Lanka ventures

Russian construction sector delegation visits Sri Lanka to strengthen bilateral economic cooperation

July 27, 2026 1 min read

Sri Lanka’s Excello launches solar‑powered residential project

Rising eight storeys high, Aathavan by Excello comprises 44 units engineered in a range of versatile configurations

July 18, 2026 2 min read

Sri Lanka plans 4 development projects in Kandy to ease traffic congestion 

July 17, 2026 1 min read
1 2 3 4 5 6 7 8 9 … 54