An Echelon Media Company
Monday November 9th, 2026
Construction and Real Estate

Sri Lanka approves railway electrification project for high-density corridors

The initiative also includes upgrading station infrastructure

June 24, 2026 2 min read

Sri Lanka looks for international investors for 108 acres near southern port

Land in Hambantota for an industrial and container related project on a 50-year lease basis

June 16, 2026 1 min read

Sri Lanka approves Rs1.4bn for 10-city development plan

Including the president's hometown of Thambuttegama

June 2, 2026 2 min read

Sri Lanka awards $6.04mn tender for Mullikulam Lot A to India's RS Infraprojects

Around 499.66 million rupees, (excluding VAT)

June 2, 2026 1 min read
Sri Lanka construction activity expands in July 2026: PMI

“Survey participants continued to report supply shortages and elevated material prices.”

Sri Lanka approves Rs25.6bn deal with Maga Engineering for Sethsiripaya III

Construction began in 2021 and advanced until three floors were completed before economic disruptions forced a halt.

Sri Lanka to introduce national building code with World Bank help

Due to absence of a national building code in force in Sri Lanka, problems have arisen regarding the structural safety

October 22, 2025 2 min read

India committed to empowering Indian-origin Tamil community in Sri Lanka: Jha

Phase IV of Stage 2 of the project was launched on Sunday at an event held at Bandarawela attended by president

October 14, 2025 2 min read

Sri Lanka to use Rs1bn of OPEC fund loan to improve Embilipitiya road

"This section of the road will provide access to several tourist attractions"

September 23, 2025 1 min read

Prime Lands buys land in Bambalapitiya, Sri Lanka for Rs3.5bn

Land at Bambalapitiya Station Road

September 15, 2025 1 min read

Sri Lanka to lease land for 38 investment projects

The land is to be provided from industrial parks on a lease basis for a maximum period of 35 years

September 9, 2025 1 min read

29 Sri Lanka MPs to lose discount on houses

"If the 29 relevant MPs like they can purchase the houses at the market rate," Jayatissa said.

September 4, 2025 2 min read

Sri Lanka to resume Narahenpita, Torrington housing projects

Colombage Mawatha scheme to have 615 units, while the Torrington Mawatha scheme was to have 115 units

August 5, 2025 1 min read

Sri Lanka seeks investors to develop 10-acre Colombo Fort land

Cabinet had approved the proposal to lease the land at Olcott Mawatha on a 99-year lease basis

August 5, 2025 1 min read

City of Dreams casino and luxury hotels aim to up Sri Lanka's tourism game

The resort has a Cinnamon and Nuwa hotel, Melco casino, apartments, mall, conference, banqueting space and restaurants

August 2, 2025 3 min read

Sri Lanka Port City ICC unit gets 25-year tax holiday for Rs13.8bn residential towers

To built two high end residential towers and luxury villas

July 21, 2025 2 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
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Source: Central Bank/Indicative
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Source: Central Bank/Indicative
pts %
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Turnover Rs 1457.79 million 1193.67 million
Source: CSE
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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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I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka gives 25-year tax holiday to Port City CHEC real estate unit

IFC Colombo 1 will invest 142.71 million dollars

July 21, 2025 2 min read

Blackstone-backed Ventive exploring resort development in Sri Lanka

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

July 17, 2025 1 min read

Sri Lanka Altair acquisition by Blackstone advised by TWC

The property has unsold inventory

July 17, 2025 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

July 14, 2025 1 min read

Sri Lanka cabinet approves SLEC, CECB for consultancy in Chinese housing deal

China has donated construction of 1996 housing units for low income families

July 2, 2025 2 min read

Sri Lanka construction expands in May 2025: PMI

Central Bank maintains positive outlook for next 3 months due expected rise in new projects

June 30, 2025 1 min read

Sri Lanka historic Nuwara Eliya building to be developed for tourism as post office

A similar decision by previous government met with objections from postal employees

June 25, 2025 1 min read

Blackstone acquires unsold units in Sri Lanka's Altair as it buys India's South City Mall

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June 18, 2025 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

June 17, 2025 1 min read

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

The country has seen an uptick in apartment demand

May 26, 2025 1 min read
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