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Monday November 9th, 2026
Construction and Real Estate

India hands over 1,000 houses in Sri Lanka tea plantations

Festival of Pongal represented shared civilizational ties between the two countries

January 16, 2022 1 min read

Sri Lanka's China-backed Port City to see 'breakthrough' in 2022 1Q

It is not a day dream. It is being realized day by day

January 16, 2022 1 min read

Sri Lanka to launch housing pilot project for low income groups; to be paid in installments

The project aims to provide housing to lower income families who don’t own land and have to rent a house.

January 12, 2022 1 min read

HSBC Sri Lanka service centre moves to Mireka Tower

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December 17, 2021 1 min read
Sri Lanka to call proposals to develop colonial era 'rest houses'

UDA will take-over and call proposals to develop 44 rest houses

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
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’s MTD Walkers sets up Maldives unit

ECONOMYNEXT – Sri Lankan construction and engineering firm MTD Walkers said it has set up a subsidiary in the Mal...

May 16, 2016 1 min read

Omanis buy Sri Lankan Altair apartments

ECONOMYNEXT – Investors in Oman have bought apartments in Altair, a high-rise apartment complex under constructio...

May 13, 2016 1 min read

Sri Lanka property portal target mobile users

ECONOMYNEXT - LankaPropertyWeb.com, a Sri Lanka-based property portal, has revamped its website to target mobile users, ...

May 9, 2016 1 min read

Sri Lanka chamber stresses sustainability in megapolis project

ECONOMYNEXT - The Ceylon Chamber of Commerce urged the government to ensure a “strong sustainability focus” ...

May 4, 2016 1 min read

Sri Lanka real estate expo by Lamudi

ECONOMYNEXT - Lamudi.lk, a portal covering Sri Lanka's property listings said it is holding a real estate exhibition in ...

April 18, 2016 1 min read

Sri Lanka contractors told to avoid costly litigation with better mitigation

ECONOMYNEXT – Sri Lankan construction firms will find it more cost effective to comply with biodiversity safeguar...

April 11, 2016 2 min read

Biodiversity safeguards mooted in Sri Lanka building contracts

ECONOMYNEXT – Sri Lanka’s private sector is considering ways to introduce safeguards in construction contr...

Rohan Gunasekera
April 1, 2016 2 min read

Australian property investments promoted for Sri Lankans

ECONOMYNEXT – Dwellings Group real estate firm is offering Sri Lankan investors a chance to buy apartments in Mel...

March 16, 2016 1 min read

China Port City company in Sri Lanka expects "mutually beneficial solution"

ECONOMYNEXT - CHEC Port City Colombo (Pvt) Ltd, a Chinese state-run firm which was allowed to resume sea reclamation ahe...

March 16, 2016 2 min read

India’s Apurva Natvar Parikh group in US50mn Sri Lanka high rise

ECONOMYNEXT – Iconic Developments Ltd., part of India’s Apurva Natvar Parikh property group, said it will ...

March 15, 2016 1 min read