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Monday November 9th, 2026
Construction and Real Estate

Realtors shy away from affordable housing: Industry analysts

Most realtors interested in building houses for the middle income and higher income group because profit margin is high

December 15, 2023 2 min read

India to construct 10,000 houses in Sri Lanka plantation areas

The overall commitment of the Indian government under the project is 60,000 houses.

November 29, 2023 1 min read

Sri Lanka cement maker sees recovery begin amid rupee stability

The downward yet stable movement of foreign exchange rates, conveyed a much-needed stability for businesses

November 10, 2023 3 min read

UDA mulls transfer of Sri Lanka Bogambara Prison to Dalanda Maligawa

Hand over Kandy Bogambara prison building to Dalanda Maligawa or use it for another investment project, minister says

November 9, 2023 1 min read
Sri Lanka building 10 industrial parks, three to open next year

105 acres of land in the country have been earmarked for industrial parks

Sri Lanka prison officials to get better hostel facilities

Cabinet approves provision of more residential facilities for prison officers

Sri Lanka approves PPP for ‘Port City’ tunnel link

ECONOMYNEXT – The Sri Lankan government has approved a proposal to build a tunnel to link the Chinese-built â€...

December 13, 2017 1 min read

$8.4bn investment opportunity in Sri Lanka ‘green buildings’

ECONOMYNEXT – The International Finance Corporation (IFC) has said it estimates an investment opportunity of almo...

December 6, 2017 2 min read

Highest Sri Lanka bare land prices in Kotte area – RIU

ECONOMYNEXT – The highest land prices in Sri Lankan are currently found in the Kotte, Sri Jayawardenapura area, a...

November 28, 2017 2 min read

Sri Lanka’s Capital Trust plans more condos, wins at Asia Property Awards

ECONOMYNEXT – Sri Lanka’s Capital Trust Residencies, which won the ‘Best Condo Sri Lanka’ awa...

November 16, 2017 2 min read

Sri Lanka retains protection for ceramic industry in 2018 budget

ECONOMYNEXT – Sri Lanka’s government has largely retained protection given to the local ceramic industry t...

November 10, 2017 2 min read

Sri Lanka’s Royal Ceramics Sept net down 7.3-pct

November 9, 2017 1 min read

Sri Lanka's China reclaimed city at halfway mark; EIA for comments

Sri Lanka's 269 hectare sea reclamation project by China Harbour Engineering Corporation extending the capital Colombo, ...

October 25, 2017 2 min read

Singapore property portal to hold Sri Lanka awards

PropertyGuru, a Singapore based real estate portal that has a presence is several Asian markets said it will begin an a...

October 4, 2017 2 min read

Sri Lanka's JAT Property starts apartment with rainwater harvesting

Sri Lanka's JAT Holdings, a distributor of wall and wood coatings, has started building a 52-unit apartment in the Nugeg...

September 27, 2017 1 min read

Private funding for Sri Lanka Megapolis, govt equity minimal

ECONOMYNEXT – Sri Lanka’s government is keen to get the private sector involved in financing critical urba...

September 20, 2017 2 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

Big supply gap seen in Sri Lanka retail space: JLL

ECONOMYNEXT – Retail real estate growth in the Sri Lankan capital Colombo has not kept pace with growth in retail...

September 19, 2017 1 min read

Sri Lanka needs reforms for REITs to work

ECONOMYNEXT – Real Estate Investment Trusts (REITs) can help to drive growth, job creation and foreign investment...

September 16, 2017 2 min read

Sri Lanka firms shortlisted in Property Guru Asia property awards

PropertyGuru, a Singapore based property portal that has a presence in several East Asian markets has released a list of...

September 5, 2017 2 min read

Sri Lanka's Access short of construction labour

Sri Lanka's Access Engineering said it faced shortages of skilled workers, and has started training schemes and had to i...

August 18, 2017 1 min read

Sri Lanka bond probe exposes condo bubble

The ongoing Presidential commission of inquiry into controversial bond sales may have unwittingly exposed an even more d...

August 1, 2017 3 min read

Sri Lanka Government agencies review Port City progress

July 24, 2017 1 min read

Iconic Galaxy apartments in Sri Lanka allows buyers to pay 70-pct after construction

Iconic Developments Ltd, said it is offering apartments at its latest project in Rajagiriya in Sri Lanka's capital Colom...

July 20, 2017 1 min read

Sri Lanka's Tokyo Cement to expand sand output

ECONOMYNEXT - Sri Lankan cement manufacturer Tokyo Cement plans to expand production at its new and manufacturing subsid...

July 14, 2017 2 min read

Sri Lanka’s Odel in US$106mn property project

Sri Lankan retailer Odel Plc said it plans to do a mixed developed property project with an investment of $105.7 million...

July 12, 2017 1 min read

Legal changes mooted for notice of Sri Lanka land acquisition

ECONOMYNEXT – Changes are needed to Sri Lanka urban development regulations to ensure prior notice of land acquis...

July 4, 2017 2 min read