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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka's UDA to transfer land with housing units to Colombo University

Cabinet approved a proposal by the UDA to transfer land with housing complex to the University of Colombo

September 12, 2023 1 min read

Sri Lanka's Colombo district land values up 15-pct

Some slowdown seen in first half

August 23, 2023 1 min read

Sri Lanka's Hunas Falls to invest US$12mn to refurbish hotel

Company also has operations in renewable energy and tea

August 20, 2023 1 min read

Sri Lanka construction industry down, but helped by deflating material prices: PMI

The respondents mentioned that sizable projects are hardly available

July 31, 2023 1 min read
Sri Lanka to complete repair of Maharagama-Piliyandala road

The OPEC Fund for International Development provided US$ 50 million for improvement of 46km of roads in Colombo District

N K U Rohana appointed Sri Lanka Surveyor General

He replaces Y G Gnanathilaka, who retired on October 1.

Ube buys 10-pct stake in Sri Lanka’s Tokyo Cement Company

ECONOMYNEXT – Ube Singapore Holdings Pte Ltd. has acquired a 10% stake in Sri Lanka’s Tokyo Cement Company...

June 27, 2017 1 min read

Sri Lanka’s Laugfs Gas group to do residential apartments

Sri Lanka’s Laugfs Gas group has set up a fully-owned subsidiary called Laugfs on Reid (Private) Limited to do re...

June 25, 2017 1 min read

Sri Lanka Royal Ceramics increasing production of porcelain tiles

ECONOMYNEXT – Sri Lanka’s Royal Ceramics is expanding capacity at its factory by 35 percent, with a 1.2 bi...

June 22, 2017 2 min read

Sri Lanka’s Lanka Ceramics diversifies into quartz, palm oil

ECONOMYNEXT - Lanka Ceramics Group plans to diversify into quartz manufacturing for the ceramic tile industry, as well a...

June 21, 2017 1 min read

Sri Lanka commercial space being snapped up: JLL

Sri Lanka's commercial space developers in the capital Colombo, are finding that new buildings coming to the market are ...

June 15, 2017 2 min read

Sri Lanka to relax paddy lands law for housing

ECONOMYNEXT – Sri Lanka’s government has decided to relax regulations that ban development of paddy fields...

June 14, 2017 2 min read

Sri Lanka luxury apartment buyers rarely use credit: JLL

An overwhelming majority of Sri Lanka's luxury apartments have been bought with cash reserves rather that debt, though s...

June 14, 2017 2 min read

Sri Lanka medium term prospects good for apartments: official

Sri Lanka has good medium term prospects for apartments despite questions over current demand while beach property has r...

June 5, 2017 3 min read

Expressway, tunnels, LRT to connect reclaimed China Port City in Sri Lanka

An elevated expressway, tunnels and light rail transit link will connect the China's 15 billion US dollar reclaimed Colo...

June 2, 2017 1 min read

Sri Lanka’s Royal Ceramics March net up 11-pct to Rs890mn

ECONOMYNEXT – Group net profit of Sri Lanka’s dominant tile maker Royal Ceramics Lanka (RCL) rose 11.3% to...

May 29, 2017 1 min read
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Some Sri Lanka luxury condos in trouble: developers

Sri Lanka’s high-end luxury apartment developments may already be in trouble, according to at least two developer...

May 28, 2017 3 min read

Bubble may be in Sri Lanka 'luxury' apartments: developer

A high-rise apartment developer in Sri Lanka has said there may be a bubble in 'luxury' apartments, but slammed Central ...

May 25, 2017 2 min read

Sri Lanka's Alumex March quarter net up 25-pct

ECONOMYNEXT – Alumex, the aluminium extrusions subsidiary of Sri Lanka's Hayleys group, said net profit rose 25 p...

May 23, 2017 1 min read

Sri Lanka's capital has10,000 unapproved buildings, 'serious questions' on apartments: Minister

Sri Lanka's capital Colombo has thousands of buildings that were not properly approved a and 'serious questions' regardi...

May 20, 2017 3 min read

Sri Lanka's Access Engineering March net up 31-pct

ECONOMYNEXT - Sri Lanka's Access Engineering Plc, a construction group, said profits in the March 2017 quarter rose 31 p...

May 19, 2017 1 min read

Search for survivors after wedding hall collapse

May 18, 2017 1 min read

China's US$15bn reclaimed city in Sri Lanka targets investors from the West, India, Middle East

CHEC Port City Colombo (Pvt) Ltd, a Chinese-owned company which is reclaiming 269 hectares from the sea is initially tar...

May 5, 2017 1 min read

Iluka in talks on investment deal for Sri Lanka mineral sands deposit

ECONOMYNEXT - Australian mineral sands miner Iluka Resources Ltd. has begun talks with Sri Lanka’s government on ...

April 20, 2017 2 min read

Sri Lanka’s Walkers CML to build apartments in Maldives

ECONOMYNEXT - Walkers CML International (Private) Limited, a subsidiary of Sri Lanka’s MTD Walkers PLC group, sai...

April 20, 2017 1 min read

India’s Asian Paints buys Sri Lanka’s Causeway Paints for Rs9bn

ECONOMYNEXT –Berger International Private Limited (BIPL), a Singaporean subsidiary of India’s Asian Paints...

April 3, 2017 1 min read