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

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
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,

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

Sri Lanka construction activity contracts in April 2026: PMI

Amidst rising raw material costs and labour shortages

May 30, 2026 1 min read

Senarath Engineering wins Rs819mn tender for Sri Lanka road project

For the improvement of the 5.56 km stretch of the Malabe-Kaduwela Road

May 19, 2026 1 min read

Sri Lanka awards central expressway contracts to Maga, Access, and others

K D A Weerasinghe and Co, International Construction Consortium, NEM Construction, and Edward and Christie.

May 12, 2026 1 min read

Sri Lanka's new environment bill to bring load-based fines, stricter project monitoring

Grants legal teeth to Strategic Environmental Assessments (SEA) for large-scale developments.

May 11, 2026 2 min read

Sri Lanka construction activity expands at slower rate in March 2026: PMI

Respondents reported a challenging operating environment, mainly due to limited availability of fuel and raw materials,

May 5, 2026 1 min read

Sri Lanka urged to include apartment buyers as creditors in bankruptcy law

"In the case of the current law, only banks are considered as creditors,"

May 4, 2026 1 min read

Sri Lanka to construct 1,000 temporary residences for cyclone victims

6,088 houses were completely destroyed during the cyclone, and 115,179 partially damaged, Jayatissa said.

April 28, 2026 1 min read

Sri Lanka looks for investors for Maradana land

Land to be used for a new invention/information technology-related, mixed development project

April 28, 2026 1 min read

Maga Engineering gets Rs2.6bn water project in Anuradhapura, Sri Lanka

JICA funded contract valued at 628.10 million Japanese Yen (2,660.70 million rupees)

April 8, 2026 2 min read

Sri Lanka to convert courts at Galle Fort for tourism project

High Court and Magistrate's Court, currently in Galle Fort, will be moved to new courts complex constructed in Beligaha

April 7, 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 Feb 2026: PMI

April 1, 2026 1 min read

NEM Construction gets Rs1.2bn contract to upgrade Sri Lanka's A2 road sections

To improve 4 sections of the Colombo-Galle-Hambantota-Wellawaya road in the Kalutara District,

April 1, 2026 1 min read

RR Construction gets Rs984.73mn contract to upgrade Sri Lanka’s Kurikadduwan jetty

The jetty, in the island's northern district, has boat services to Nainativu and Delft islands.

March 27, 2026 1 min read

JICA gives Sri Lanka's RDA drones to boost landslide prevention

The drones were given in response to an urgent request from RDA after Cyclone Ditwa.

March 3, 2026 2 min read

Sri Lanka construction activity spikes in Jan 2025, firms faced with labour shortage: PMI

This was the index' second-highest reading on record after the peak of 75.7 in July 2020, CBSL said.

February 28, 2026 1 min read

Prime Lands leases Sri Lanka UDA land currently used by Otters Club

The lease has been granted for a period of 99 years for Rs3.2bn, including VAT, SSCL and other charges

February 26, 2026 1 min read

Sri Lanka residential land prices rise 12.4-pct in Colombo in H2 2025

Industrial land went up 8 percent in the second half of 2025, compared to the same period of 2024.

February 26, 2026 1 min read

Sri Lanka to buy 75 motor graders for Rs1.4bn from United Tractors

The total cost of 1,424.25 million rupees is exclusive of Value Added Tax (VAT).

February 24, 2026 1 min read

Sri Lanka to repair Kerawalapitiya-Elakanda expressway access road

A feasibility study will be done later on widening the road

February 24, 2026 1 min read

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."

February 24, 2026 1 min read