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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka seeks investors for lands in Colombo, Kataragama

Dematagoda (537 watte) land measuring 3 acres - 2 roods - 24.59 perches available on long term lease basis of 99 years.

April 8, 2025 1 min read

Sri Lanka condominium sales dropped 22.7-pct in 2024 4Q: CB

Colombo District recorded the highest proportion of condominium sales in 2024 Q4, comprising 54 per cent of the total,

April 7, 2025 2 min read

Sri Lanka to amend its Land Acquisition Act

So that time taken for acquisition of lands can be minimized, lands can be acquired under a simple procedure

March 26, 2025 2 min read

Sri Lanka seeks private backing to resurrect Nuwara-Eliya rail track

"Our railway system has become sexy. Everyone likes it."

March 7, 2025 1 min read
Sri Lanka to repair Kerawalapitiya-Elakanda expressway access road

A feasibility study will be done later on widening the road

Sri Lanka to grant freehold land deeds under 'Himikama'

"The lack of land ownership and the delay in land development significantly impact the country's economy."

Sri Lanka approves US$250mn mixed-development project in Colombo

Sri Lanka's cabinet of ministers has approved a 250 million US dollar mixed development project in Colombo, a cabinet s...

December 20, 2019 1 min read

Sri Lanka's John Keells Holdings postpones Crescat refurbishment on Dec sales

Sri Lanka's John Keells Holdings (JKH) has decided to postpone the decision to refurbish the Crescat shopping mall due t...

December 17, 2019 2 min read

Sri Lanka facilitating first US$400mn investment at Port City: Cabraal

Sri Lanka is facilitating the maiden 400 million dollar investment at the newly reclaimed land at Port City in Colombo, ...

December 12, 2019 1 min read

Sri Lanka scraps licences for transport of sand, clay and gravel

Sri Lanka has removed the requirement of a permit for transporting sand, clay and gravel, the cabinet office said.

December 5, 2019 1 min read

Sri Lanka to draw foreign capital into infrastructure via BOT projects: Minister

Sri Lanka is looking to structure build operate transfer style agreements to bring foreign investments into expressways ...

December 3, 2019 1 min read

Sri Lanka tax cuts to boost growth amid concerns: report

A host of tax cuts by Sri Lanka's new government will provide an immediate boost to economic growth and corporate profit...

November 28, 2019 2 min read

Australian mineral sands firm increases Sri Lanka deposits with acquisition

Australian mineral sands miner Titanium Sands Ltd. will increase its resource base in Sri Lanka with shareholder approva...

November 26, 2019 1 min read

Sri Lanka's ACL buys 51-pct stake in cable firm for Rs481mn

Sri Lanka's ACL Cables said it plans to buy a 51 percent stake in another cable manufacturing company called Cable Solut...

November 26, 2019 1 min read

Brick export market promising, Sri Lanka ceramic industry told

Sri Lankan ceramic exporters have been told the export market for bricks in industrialised countries is very promising w...

November 26, 2019 1 min read

Sri Lanka cement production picks up

Sri Lanka's domestic cement production has risen 26.6 percent from a year earlier to 2.31 million tonnes in the first se...

November 25, 2019 1 min read
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US Dollar 331.7485 330.8514
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today yesterday
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Sri Lanka tableware industry seeks kaolin mining revival

Sri Lankan ceramic tableware manufacturers are trying to revive kaolin or china clay mining to reduce reliance on import...

November 22, 2019 1 min read

Sri Lanka Telecom to build cricket ground

Sri Lanka Telecom and Sri Lanka cricket will build a cricket playground in a 36 acre land belonging to the telco in a su...

November 21, 2019 1 min read

Sri Lanka's Access begins Marine Square project backed by Mustapha, China Harbhour

Sri Lanka's Access group, Singapore-based Mustapha and China Harbour Engineering group have begun construction of Colomb...

November 15, 2019 1 min read

Sri Lanka Access Engineering profits down 20.8-pct in Sept quarter

Sri Lankan construction firm Access Engineering Plc’s net profits for the September 2019 quarter fell 20.8 percent to...

November 15, 2019 2 min read

Sri Lanka to regulate imports of taps, bath fittings

Sri Lanka is planning to bring regulations on water faucets and to improve quality, the government has said, though high...

November 2, 2019 1 min read

Sri Lanka eyes BOOT projects to bring private capital to highways

Sri Lanka is eyeing public private partnerships on a built own operate transfer (BOOT) mode with gap funding from the go...

November 1, 2019 2 min read

Iluka team returns to Sri Lanka for talks on illmenite mining

A team from Australian mineral sands miner Iluka Resources Ltd. has returned to Sri Lankan to resume talks on an ilmenit...

October 31, 2019 1 min read

ICRA Lanka reaffirms Access Engineering at [SL]A+

ICRA Lanka Limited, a ratings agency, reaffirmed Access Engineering's [SL]A+ rating with a stable outlook due to the con...

October 30, 2019 10 min read

Sri Lanka gives deed of reclaimed land to China firm

Sri Lanka's President Maithripala Sirisena handed over the deed for to a lease of land reclaimed by a Chinese company to...

October 30, 2019 1 min read

Sri Lanka cuts VAT on apartments to 6-pct, small condos exempted

Sri Lanka has cut a value added tax on condominiums to 6 percent and has exempted small apartments priced below 25 mill...

October 24, 2019 1 min read