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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka's Damro group in 652 room hotel in Colombo

The hotel to be built in Colombo 03, will have 652 rooms

February 23, 2022 1 min read

Sri Lanka's Home Lands Skyline rated 'A(lka)' despite macro challenges: Fitch

We expect the company to face near-term challenges from the weak domestic economy

February 16, 2022 8 min read

Sri Lanka's Global Housing to build Rs6.5bn hotel residency in Hikkaduwa

Plans to complete within 36 months

February 2, 2022 2 min read

Sri Lanka's LOLC wins Rajagiriya land, high rise project

The contract is given on a design, build, finance and transfer basis

January 25, 2022 1 min read
Sri Lanka gives 25-year tax holiday to Port City CHEC real estate unit

IFC Colombo 1 will invest 142.71 million dollars

Blackstone-backed Ventive exploring resort development in Sri Lanka

Ventive Hospitality’s portfolio includes 11 operational hotel in India and the Maldives

Three-wheeler, Maruti offers fail to lure workers to Sri Lanka's construction industry

Offers of three-wheelers and Maruti cars for long service failed to draw workers to Sri Lanka's construction industry, w...

August 5, 2016 2 min read

Siam City Cement buys Sri Lanka's LafargeHolcim unit

Thailand's Siam City Cement Public Company Ltd has bought Holcim Lanka, Sri Lanka's sole integrated cement manufacturer ...

July 25, 2016 1 min read

Sri Lanka’s Tokyo Cement woos global investors in US

ECONOMYNEXT - A team of senior executives from Sri Lanka’s Tokyo Cement group are in the US this week meeting wi...

July 20, 2016 2 min read

Ailing JEDB seeks better price for contested prime land in Sri Lanka's capital

ECONOMYNEXT - Sri Lanka's Janatha Estate Development Board (JEDB), an ailing state farming company, is trying to sell a ...

July 16, 2016 2 min read

Sri Lanka's Kandy get Rs3.0bn Heritage Valley housing development

Walkers CML Properties (Private) Ltd, a unit MTD Walkers Plc group has launched a 3.0 billion rupee housing project in S...

July 14, 2016 1 min read

Cement demand in Sri Lanka up with household sector: manufacturer

Cement sales went up in 2015 with strong demand from Sri Lanka's private and household sector with state projects slacke...

July 14, 2016 2 min read

US$259mn apartment investments in Sri Lanka in June

ECONOMYNEXT – Sri Lanka’s Board of Investment has signed 11 agreements to set up new apartment complexes w...

July 11, 2016 5 min read

Sri Lanka to cancel architects’ consultancy in defence HQ deal

ECONOMYNEXT – Sri Lanka’s government has decided to cancel a consultancy given to an architects’ fi...

June 22, 2016 2 min read

Sri Lanka's British-era prison transformed into commercial city: Prime Minister

Sri Lanka's main prison in the capital Colombo dating back to the British colonial era will be shifted releasing around ...

June 18, 2016 1 min read

Sri Lanka to sign formal deal for port city in August: Prime Minister

ECONOMYNEXT - Sri Lanka will sign a formal agreement with China Harbhour Engineering Company for a 1.4 billion sea recla...

June 17, 2016 1 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
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
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Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
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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
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I-m SLIBOR - -
Source: Central Bank/Indicative

Land acquisition, partnerships in Sri Lanka ‘Megapolis’ project

ECONOMYNEXT – A project to turn Sri Lanka’s capital and suburbs into a ‘megapolis’ will requi...

June 16, 2016 2 min read

Sri Lanka draws $230mn apartment investments in April-May

ECONOMYNEXT – Sri Lanka’s Board of Investment said it had signed nine deals worth $230 million with invest...

June 16, 2016 3 min read

LafargeHolcim's Sri Lankan operations eyed by Indian firms

ECONOMYNEXT – Indian cement manufacturers like Dalmia Bharat, Shree Cements and Ramco based in the south are repo...

June 10, 2016 1 min read

Higher margins for Sri Lanka’s Royal Ceramics larger tiles

ECONOMYNEXT – Sri Lanka’s Royal Ceramics group aims to expand production of larger format tiles, which has...

June 10, 2016 1 min read

Sri Lanka Royal Ceramics March net profit down 6.3-pct

ECONOMYNEXT – Sri Lankan tiles manufacturer Royal Ceramics said March 2016 net group profit fell 6.3% to 799 mill...

June 3, 2016 1 min read

Sri Lanka’s Access Engineering buys stake in property firm for Rs800 mn

ECONOMYNEXT – Sri Lankan construction group Access Engineering said it had bought a 50% stake in Blue Star Constr...

June 1, 2016 1 min read

Sri Lanka Access Engineering March net almost stagnant

ECONOMYNEXT – Sri Lanka’s Access Engineering group’s March 2016 quarter net profit went up 1.5% to ...

May 31, 2016 1 min read

Lanka Tiles March quarter net down 42-pct

ECONOMYNEXT – Sri Lankan floor tile maker Lanka Tiles said March 2016 quarter net profit fell 42% to 177 million ...

May 30, 2016 1 min read

Sri Lanka Alumex March quarter net up 61-pct

ECONOMYNEXT – Alumex PLC said March 2016 quarter net profit rose 61 percent to Rs210 million from a year ago, wit...

May 20, 2016 1 min read

Sri Lanka floods disrupt Industrial Asphalts production

ECONOMYNEXT – Flood waters have disrupted work at Industrial Asphalts (Ceylon), a Sri Lankan firm making bitumino...

May 20, 2016 1 min read