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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka PM flags off Rs54bn Ruwanpura Expressway

The 54.7 billon contract was awarded to Sri Lanka-based Maga Construction.

May 7, 2021 1 min read

Sri Lanka seeks construction partnerships with Nepal

Companies showcase expertise in green construction, urban infrastructure hydro-power, soil and geology,

May 5, 2021 1 min read

Sri Lanka's UDA takes over Kolpetty market

40-storey building planned as PPP will give existing shop owners places in a new shopping mall

April 27, 2021 1 min read

Sri Lanka's Prime Lands Residencies to raise up to Rs2bn in IPO

Colombo Stock Exchange said it had approved an initial public offer by Sri Lanka's Prime Land Residencies Limited, a pro...

April 24, 2021 1 min read
Sri Lanka construction sector expands amid stable prices: PMI

Sri Lanka Purchasing Managers’ Index for Construction (PMI - Construction) recorded a value of 54.3 in March 2025

Sri Lanka asks India to raise FTA apparel export quota to 50mn pcs after Trump tariff

If not we have requested facilities to increase exports by 500 million dollars

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
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

India's Sandal Lands looking for Sri Lanka property projects

ECONOMYNEXT - Sandal Lands (Pvt) Ltd of India said it was in talks with Sri Lanka's urban development agency to seek opp...

October 25, 2015 1 min read

Commercial property potential seen strong in Sri Lanka

ECONOMYNEXT – The demand for commercial property is growing strongly in Sri Lanka where the focus has been on res...

October 23, 2015 1 min read

Sierra wins five Sri Lanka central province road contracts

ECONOMYNEXT – Sierra Construction has won five of nine projects for improving rural roads in Sri Lanka’s c...

October 16, 2015 1 min read

Sri Lanka begins shift to apartment living

ECONOMYNEXT – Population growth and rapid urbanisation has put Sri Lanka on the verge of making the transition to...

October 13, 2015 2 min read

Sri Lanka to sign new deal with China Port City

ECONOMYNEXT - Sri Lanka will sign an amended agreement with a Chinese company that is reclaiming the sea near Colombo, i...

October 9, 2015 1 min read

Sri Lanka tile sales seen strong, industry risks losing protection

ECONOMYNEXT – Sri Lanka’s ceramic tile manufacturers, controlled by the Royal Ceramics Lanka group, will s...

October 7, 2015 2 min read

Sri Lanka's Cinnamon Life building costs hedged against rupee fall

ECONOMYNEXT - Cinnamon Life, Sri Lanka's largest private sector property project valued up to 800 million US dollars is ...

September 23, 2015 2 min read

Sri Lanka's Cinnamon Life sells live, work and play concept

ECONOMYNEXT - Cinnamon Life, a unit of Sri Lanka's John Keells Holdings, has started pre-selling apartments in integrate...

September 23, 2015 2 min read

Sri Lanka’s Sierra Cables to set up plant in Kenya

ECONOMYNEXT – Sri Lankan cable manufacturer Sierra Cables said it plans to set up a manufacturing plant in Kenya ...

September 22, 2015 1 min read

Sri Lanka to extend China Port City deal pending clearances

ECONOMYNEXT - Sri Lanka will extend a one year agreement with a Chinese company whose sea reclamation project is on hold...

September 17, 2015 1 min read
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