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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka flags off US$675mn elevated expressway by China Harbour

CHEC will get a 15-year concession

June 10, 2021 1 min read

Sri Lanka awards BOT expressway to China Harbour Engineering

CHEC to get 15 year concession

May 25, 2021 1 min read

Colombo Port City could boost Sri Lanka's GDP by US$12bn a year: Minister Cabraal

Aims to create 83,000 dollar salaried jobs in five years

May 20, 2021 2 min read

Sri Lanka to borrow US$200m from ADB to upgrade rural roads

It is a tranche of a $900 million project.

May 11, 2021 1 min read
Sri Lanka seeks investors for D R Wijewardene Mw mixed development

Looking for investment proposals for the disposal of a 3-rood 13.85 perch plot of land

SMI Point signs $22.4mn apartment complex in Sri Lanka’s commercial capital

The country has seen an uptick in apartment demand

Sri Lanka retail, office space rents sharply up amid strong demand: Jones Lang LaSalle

ECONOMYNEXT - Sri Lanka's commercial property rents have risen sharply on the second half of the year, with retail space...

January 13, 2016 1 min read

Sri Lanka should end price floor on Colombo hotels: Jones Lang LaSalle

ECONOMYNEXT - Sri Lanka should end price controls on 5-star grade hotels in the capital Colombo and allow market forces ...

January 13, 2016 1 min read

Indian housing project in northern Sri Lanka nears completion

ECONOMYNEXT – A project to build 46,000 homes for people displaced by war in Sri Lanka’s north and east fu...

January 1, 2016 2 min read

Sri Lanka may merge two state-run cement firms

ECONOMYNEXT - A re-structuring committee has recommended the merger of two state-run cement firms, one of which is a lis...

December 28, 2015 1 min read

Sri Lanka’s Millennium Housing to launch 7 projects in 2016

ECONOMYNEXT – Sri Lanka’s Millennium Housing Developers said it has set up two subsidiaries with plans to ...

December 14, 2015 1 min read

Financial and business district at Sri Lanka's China port city: Prime Minister

ECONOMYNEXT - Sri Lanka will have a 'unique financial and business district' in Colombo when a sea reclamation project b...

December 2, 2015 1 min read

Sri Lanka to crackdown on state land, marsh encroachment

ECONOMYNEXT – Sri Lanka will not allow anymore encroachment on state land or illegal filling of marshland that ha...

December 1, 2015 2 min read

Disaster risk overlooked in Sri Lanka expressway project

ECONOMYNEXT – A section of Sri Lanka’s first expressway gets flooded during heavy rains as disaster risk r...

November 29, 2015 2 min read

Sri Lanka tile monopoly hit by loss of import tariff protection

ECONOMYNEXT – Sri Lanka has removed import tariff protection for highly profitable domestic ceramic tile manufact...

November 22, 2015 2 min read

Sri Lanka ceramics industry presses for anti-dumping duty laws

ECONOMYNEXT – Sri Lanka’s ceramics industry has urged the government to introduced long-delayed anti-dumpi...

November 18, 2015 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
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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
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3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
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Source: Central Bank/Indicative

Sri Lanka's Access Engineering buys university property

ECONOMYNEXT - Sri Lanka's Access Engineering Plc, a construction group said it had bought 92 percent stake in a company ...

November 17, 2015 1 min read

Sri Lanka CT Holdings suspends Kotahena condo project

ECONOMYNEXT - C T Holdings PLC has said it has suspended its joint venture property development project to build high-en...

November 15, 2015 1 min read

Sri Lankan asbestos producers resist proposed ban

ECONOMYNEXT – Sri Lankan manufacturers of asbestos roofing sheets have urged the government not to go ahead with ...

November 12, 2015 2 min read

China Construction gets Sri Lanka rail feasibility deal

ECONOMYNEXT – Sri Lanka has approved a deal with China State Construction Engineering Corporation Limited (CSCECL...

November 12, 2015 1 min read

Sri Lankan banks get cosy with funding bigger construction projects

ECONOMYNEXT – Sri Lankan banks are now more comfortable funding construction projects which were seen as high ris...

November 8, 2015 2 min read

Sri Lanka tiles industry Sept quarter profits up, sales stagnant

November 4, 2015 2 min read

Lower loan costs, higher incomes boost Sri Lanka housing market

ECONOMYNEXT – Sri Lanka’s rising income levels and lower borrowing costs will help boost the residential h...

November 4, 2015 2 min read

Sri Lanka middle-class housing boom to benefit construction business

ECONOMYNEXT – Sri Lankan construction companies can expect growth to be sustained by an anticipated boom in middl...

November 3, 2015 2 min read

Sri Lanka extends deal with Singapore’s Surbana to design megapolis

ECONOMYNEXT – Sri Lanka has hired Singapore urban planning consultants Surbana for 35 million rupees to help desi...

October 29, 2015 2 min read

Sri Lanka’s apartment market booming, but seen rife with risks

ECONOMYNEXT – The market for apartments in Sri Lanka is opening up with more developers coming in, giving greater...

October 26, 2015 2 min read