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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka construction rebounds in October 2024: PMI

Outlook for construction activities for next three months remains positive, due to increase in project availability

November 29, 2024 1 min read

EXPLAINER – Possible policy implications on Sri Lanka’s construction sector after polls

Dissaayake's NPP has promised to follow transparent procurement process in construction projects

November 13, 2024 2 min read

Sri Lanka cement production hits 32-month high

Total cement availability at 419,000 metric tonnes was up 17.6 percent from a year ago

November 8, 2024 1 min read

Sri Lanka to settle Rs28.37bn plus in road arrears

Provisions allocated to Ministry of Transport, Highways, Ports, and Civil Aviation for 2024 not used so far, to be used

November 6, 2024 1 min read
Sri Lanka looks for investors for 'Frolic Island' project near Waters' Edge

The land will be offered to investors on a long term lease basis

Sri Lanka paint demand to recover from cyclone disruptions in stages: JAT

"Disaster was lesser in Colombo in terms of structures damaged, but in Kandy the total structural disaster is quite high

Sri Lanka's Lanka Ceramic outsources sanitaryware production to China

ECONOMYNEXT – Lanka Ceramic, the clay mining company that is part of Sri Lanka’s Royal Ceramics group, has...

June 17, 2019 1 min read

Sri Lanka’s Royal Ceramics group expands contract manufacture in India

ECONOMYNEXT – Sri Lanka’s Royal Ceramics group, the dominant domestic tile and sanitaryware manufacturer, ...

June 14, 2019 2 min read

Sri Lanka real estate firms in bigger trouble after Easter blasts: Bandula

Sri Lanka real estate and apartment developers who were already facing difficulties had got into further trouble after E...

June 5, 2019 2 min read

Sri Lanka's Cinnamon Life project costs rise amid delay

Cinnamon Life, promoted by Sri Lanka's John Keells Holdings Plc, said cost were up 10 from the original 805 million US d...

May 25, 2019 2 min read

High-priced Sri Lanka condo sales slow down: central bank

ECONOMYNEXT – Sales of high-prices condominium apartments in Sri Lanka have been slowing down while the cheapest ...

May 13, 2019 2 min read

Sri Lanka to set up land management firm for Port City

Sri Lanka will set up a land management company to manage and administer newly reclaimed land at Colombo Port City.

May 2, 2019 1 min read

Sri Lanka deploys police commandos against mineral sands robbers

ECONOMYNEXT – Police commandos have been deployed at a state-owned beach mineral sands mine in north-eastern Sri ...

Mahadiya Hamza
April 1, 2019 2 min read

Sri Lanka firms eye converted residences to cut costs amid slowdown

Some Sri Lankan firms are likely to move from high-end office buildings to residential units within or outside Colombo a...

March 29, 2019 2 min read

Sri Lanka's new house costs down by a third if protectionist taxes removed

Sri Lanka's housing prices could be cut by a third if protectionist tariffs on construction raw material are removed, a ...

March 28, 2019 2 min read

Sri Lanka Land Reclamation Corp to buy dredger for sea sand mining

ECONOMYNEXT – Sri Lanka Land Reclamation & Development Corporation is to buy a dredger to mine sand from the deep...

March 27, 2019 1 min read
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Migrants, not technology, to ease Sri Lanka construction labour shortage

ECONOMYNEXT – Labour shortages in Sri Lanka’s construction sector are more likely to be overcome by incomi...

March 26, 2019 1 min read

Chengdu businesses eye steel plant in Sri Lanka’s Hambantota

ECONOMYNEXT – A business delegation from the south-western Chinese city of Chengdu has shown interest in setting ...

March 25, 2019 1 min read

Indian housing aid to Sri Lanka largest overseas grant

ECONOMYNEXT –India’s housing project in Sri Lanka with a grant of almost 50 billion rupees (over 350 milli...

March 25, 2019 2 min read

Iconic eyes land acquisition in Sri Lankan buyer's market

Iconic Developments (Pvt) Ltd, a Sri Lanka-based unit of India's Apurva Natvar Parikh Group, is looking for land deals i...

March 22, 2019 3 min read

Sri Lanka mineral sands miner to set up new processing plant

ECONOMYNEXT – Sri Lanka’s government-owned mineral sands miner plans to set up a processing plant later th...

March 21, 2019 1 min read

Sri Lanka's Ceylon Steel group to set up US75mn cement grinding plant

Sri Lanka's Ceylon Steel and Onyx group is investing 75 million US dollars to set up a cement grinding plant in Mirijjaw...

March 19, 2019 2 min read

Sri Lanka to regulate water fittings imports, manufacture

ECONOMYNEXT – The government is to regulate import and local manufacture of water fittings to improve quality and...

March 19, 2019 2 min read

Sri Lanka's Sanken eyes mega projects with foreign partners after 2019 budget

Sri Lanka's Sanken Construction (Pvt) Ltd said it is now eyeing an 18 billion rupee government office complex contract, ...

March 18, 2019 2 min read

Japan's Belluna expects Sri Lanka property pick-up

The Belluna group, based in Japan, will invest 450 million US dollars in Sri Lanka's tourism and property sectors. The g...

March 14, 2019 2 min read

ACL Cables wins Rs1.8bn cable deal from Sri Lanka power utility

ECONOMYNEXT – ACL Cables has won a contract worth 1.78 billion rupees to supply aerial bundled cables to Sri Lank...

March 13, 2019 1 min read