SL Purchasing Managers’ Index (PMI) – Construction Industry
The construction industry remained contracted in June 2023, recording a total activity index value of 44.4 with most of the companies operating at a …
Real Estate & Construction
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Sri Lanka apartment selling prices show consistent increase in last four months: RIUNIT
Sri Lanka’s real estate expert Research Intelligence Unit says that since the beginning of 2023, the apartment selling price LKR per SqFt has remained steady …
Real Estate Agents are Advised to Ramp up Anti-Money Laundering Measures
The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka organized an awareness program for the real estate sector on “Anti-Money Laundering …
RIUNIT launches second Bangladesh country report 2023
Research Intelligence Unit (RIUNIT) released its second Bangladesh Country Report 2023 containing key trends and developments in the economy and major sectors …
Sapphire Residences on course to complete and launch Colombo’s most exclusive residences
The USD 500 million + ITC development, comprising the Sapphire Residences and super luxury hotel ITC Ratnadipa, occupies pride of place at the centre of …
Port City Colombo undertakes coral reef conservation amid environmental challenges
Port City Colombo, which extends from the Central Business District of Colombo, showcases a profound commitment to environmental preservation through the …
TRI-ZEN: Revolutionizing smart living in SL, 75-pct of inventory sold
Engineered for the future, TRI-ZEN apartments, located in the heart of Colombo in Union Place, Colombo 2, announced the successful sale of 75% of its inventory …
Port City celebrates milestone as development nears completion & commercialization to begin
Port City Colombo (PCC), the ground-breaking infrastructure project aimed at reshaping Sri Lanka's economic landscape, celebrated a momentous milestone as its …
Eighth Power, Energy & Construction Expo in July 2023
The Power, Energy & Construction Expo is set to take place from 7th – 9th of July 2023 at BMICH Exhibition Centre, Colombo. The expo will showcase the …
Opportune time for foreigners to invest in an apartment: RIUNIT
The Research Intelligence Units suburban apartment price index for February reveals that the apartment prices are continuing to decline in USD terms making it …
Largest capacity crane in Sri Lanka unloaded at HIP
Last week, the largest capacity crawler crane in Sri Lanka was unloaded at Hambantota International Port. The crane, with a 750-ton lifting capacity, will be …
SL Properties Gain Increased Interest among Overseas Buyers: Report
Overseas buyer interest in Sri Lankan properties increased by 40% in 2022, compared with the year before, according to the Real Estate Market Outlook Report …
Fitch revises outlook on Home Lands Skyline to negative; Affirms ‘A(lka)’
Fitch Ratings has revised the Outlook on Sri Lankan home builder Home Lands Skyline (Pvt) Ltd.'s (HLSL) National Long-Term Rating to Negative, from Stable. The …
British independent schools show keen interest for international school at Port-City Colombo
Senior delegations from three leading British independent schools visited Colombo for discussions with the Colombo Port City Economic Commission and senior …
British independent schools demonstrate keen interest for an international school at Port City Colombo
Senior delegations from three leading British independent schools visited Colombo for discussions with the Colombo Port City Economic Commission and senior …
Courtyard By Marriott Debuts In Sri Lanka With The Opening Of Courtyard By Marriott Colombo
Courtyard by Marriott, part of Marriott Bonvoy’s extraordinary portfolio of 30 brands, today announced the opening of Courtyard By Marriott Colombo, making …
Introducing new types of visas for Colombo Port City
The Cabinet of Ministers has approved a proposal presented by the Minister of Public Security to take necessary steps to introduce several visa categories for …
Real-estate still a good long-term investment: Report
Research Intelligence Unit, a consultancy firm specializing in real-estate says the sector will continue to be a good long-term investment while the current …
Land Valuation Indicator for Colombo District increased by 17-pct during 1H 2022
Land Valuation Indicator (LVI) for Colombo District increased to 186.9 with a year-on-year change of 17.0 percent during the first half of 2022. This annual …
Colombo Port City Economic Commission 2nd Biannual Progress Report
This report covers the activities of the Colombo Port City project from January to June 2022, shared by the Colombo Port City Economic Commission …