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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka CHEC Port City project completion date extended

Period of implementation of the Project will be extended to June 5, 2027 with the signing of a supplementary agreement

May 23, 2024 1 min read

Sri Lanka's JKH ties up with Melco for casino

Melco to invest $115mn in casino

May 2, 2024 1 min read

Sri Lanka president asks new owners not to mortgage, sell houses

Tells Kajimawatte residents given new flats, 'this house will become your most valuable property

April 10, 2024 1 min read

Sri Lanka's Access to complete substructure of halted airport terminal

The work will also address the issue of deterioration of steel reinforcements

April 9, 2024 1 min read
India to rebuild Sri Lanka's cyclone hit bridges spending $30mn

We will also commence the restoration work on the Northern railway line

Sri Lanka Police to get 350 Harbour View apartments

Housing project, consisting of 14 floors with 452 housing units, at Cyril C Perera Mawatha, Colombo 13

Sri Lanka paves first road with plastic waste

Sri Lanka has surfaced the first road with asphalt mixed with non-recyclable plastic waste, in a suburb of the capital u...

October 3, 2018 2 min read

Access Realties leases prime land in Sri Lankan capital for Rs1.1bn

Sri Lanka’s Access Realties has got 114.56 perches of prime land in the capital Colombo for 1.1 billion rupees on...

September 20, 2018 1 min read

Iconic eyes middle market housing in Sri Lanka

Iconic Development, a property developer which had been playing high end apartment space says it is eyeing multiple smal...

September 18, 2018 2 min read

Sri Lanka ‘Port City’ marine construction work over by mid-2019

Marine engineering work on a ‘Port City’ reclamation project funded by China next to Sri Lanka’s Col...

September 14, 2018 2 min read

Sri Lanka 'eLand Registry' to expand islandwide

ECONOMYNEXT – Sri Lanka plans to expand its new digital land registry islandwide with the aim of speeding up prop...

September 12, 2018 1 min read

Millennium to invest Rs5bn in Sri Lanka affordable housing, luxury apartment

ECONOMYNEXT - Sri Lanka's Millennium Housing Developers Plc, a publicly traded company said it was investing 5 billion r...

September 7, 2018 3 min read

Going concern doubts over Sri Lankan cable firm's Kenyan unit

ECONOMYNEXT- The Kenyan operations of Sri Lankan cable manufacturer Sierra Cables Plc were disrupted due to elections an...

September 3, 2018 3 min read

Sri Lanka flood control canal deal to Korea venture

Sri Lanka has awarded a contract to widen a canal in the capital Colombo to control floods to a consortium led by SK Eng...

August 30, 2018 1 min read

Sri Lanka's RIL Property seeks further diversification

ECONOMYNEXT- Sri Lankan commercial real estate developer RIL Property Plc will be further diversifying its investments, ...

August 28, 2018 2 min read

Sri Lanka to fast track payments to contractors, amend procurement rules

Sri Lanka will fast-track outstanding payments to suppliers and revise procurement rules, the Prime Minister Ranil Wickr...

August 27, 2018 2 min read
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Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
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Turnover Rs 1457.79 million 1193.67 million
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
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Source: Central Bank/Indicative

Sri Lanka cement imports surge in May, production up

Sri Lanka's cement imports have surged in May 2018 and domestic production has also picked up slightly ending steep cont...

August 23, 2018 2 min read

Demand for Sri Lanka office space, apartments strong: RIU

ECONOMYNEXT – Demand for office space and apartments will remain strong in Sri Lanka, despite a rapid increase in...

August 20, 2018 2 min read

Sri Lanka's Lanka Walltiles group June quarter profit down 72-pct

ECONOMYNEXT – Profit at Sri Lanka's Lanka Walltiles group fell 72% to 47 million rupees in the June 2018 quarter ...

August 15, 2018 2 min read

Sri Lanka's Alumex to be export competitive with new plant

Alumex Plc, which has commissioned Sri Lanka's largest aluminium extrusion plant says it is eyeing exports and plans to ...

August 15, 2018 4 min read

Sri Lanka's Royal Ceramics June profits down 33-pct

ECONOMYNEXT- Royal Ceramics Plc, the dominant tile and sanitary ware group owned by Sri Lankan tycoon Dhammika Perera, p...

August 14, 2018 1 min read

Sri Lanka's Tokyo Cement in the red, vessel sale adds to loss

Sri Lanka's Tokyo Cement Plc, which operates grinding plants and bulk cement lost 605 million rupees in the June 2018 qu...

August 10, 2018 1 min read

Investors cautioned on Sri Lanka light rail property price impact

ECONOMYNEXY - A light rail transit (LRT) system planned for Sri Lanka’s capital Colombo could inflate property p...

August 6, 2018 3 min read

High import taxes inflating construction costs, Sri Lankan developers say

High import taxes on ceramic tiles, sanitaryware and steel are keeping construction costs high, Sri Lankan developers ha...

July 19, 2018 2 min read

Sri Lanka national physical plan ready to enhance connectivity

ECONOMYNEXT – Sri Lanka’s government prepared an updated national physical plan to further enhance local a...

July 16, 2018 2 min read

Sotheby’s Realty to sell Sri Lanka Sapphire Residences apartments

ECONOMYNEXT – The Sri Lanka unit of Sotheby’s International Realty has been appointed as global marketing ...

July 6, 2018 1 min read