Notable
Development comprises 6 high-rise towers with a shopping complex, cinema, clubhouse, indoor golf, art gallery,
Land on Baladaksha Mawatha, Colombo to be leased on 99-year basis, land near Gregory Lake, Nuwara Eliya on a 50-year bas
The land will be offered to investors on a long term lease basis
"Disaster was lesser in Colombo in terms of structures damaged, but in Kandy the total structural disaster is quite high
Persistently elevated prices of key construction materials remained a major concern
INFRACON 2026 to Unite South Asia’s Infrastructure and Construction Industry in Colombo
Feasibility of exporting up to a million tonnes of granite to be assessed
Until the debt restructuring process is completed road constructions were halted
Could draw investments five times the value of Rs21bn
Another 5 projects are in clearance.
Most realtors interested in building houses for the middle income and higher income group because profit margin is high
The overall commitment of the Indian government under the project is 60,000 houses.
The downward yet stable movement of foreign exchange rates, conveyed a much-needed stability for businesses
Hand over Kandy Bogambara prison building to Dalanda Maligawa or use it for another investment project, minister says
The cumulative loss of the NHDA is close to 20 billion rupees, with a loss of 5 billion rupees made in last five years
No investor has come forward for Grand Hyatt, a hotel constructed with public money under ex-leader Mahinda Rajapaksa
| 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 |
| 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 |
| 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 |
| 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 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
UDA possesses land suitable for both domestic and foreign investments, providing opportunities for interested parties
Researchers raise concerns about the Beira Lake clean-up project
Cabinet approved a proposal by the UDA to transfer land with housing complex to the University of Colombo
Some slowdown seen in first half
Company also has operations in renewable energy and tea
The respondents mentioned that sizable projects are hardly available
The firm is on rating watch negative
Ranatunga believes price of 50 kg cement pack could be brought down by 400-500 rupees.
Factory can run at different levels of capacity
The buildings will then be leased to investors for tourism for 30-years
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