Colombo Port City Economic Commission Welcomes Three Major Sri Lankan Commercial Banks
The Colombo Port City Economic Commission (the Commission) is pleased to announce that three of Sri Lanka’s leading commercial banks—Commercial Bank, …
Real Estate & Construction
DFC Commits Half Billion Dollars to Port Infrastructure in Colombo, Sri Lanka
The U.S. International Development Finance Corporation (DFC) today announced it has committed more than half a billion dollars to support the development of a …
RIUNIT launches comprehensive reports on South Asia’s real estate market trends
In a significant stride towards fostering transparency and informed decision-making within South Asia's real estate landscape, the Research Intelligence Unit …
David Cameron kicks off Port City Colombo’s global investment drive
Representatives of top corporations in the UAE, accompanied by high-potential investors, property developers, hotel owners, and leaders in the hospitality and …
David Cameron to address Port City Colombo UAE Roadshow unveiling Opportunities & Incentives
Port City Colombo is set to launch a Roadshow in the UAE showcasing investment opportunities and incentives for global investors. This significant event marks …
Mastercard and Colombo Port City Economic Commission Sign MoU for City Possible
Mastercard and Colombo Port City Economic Commission today announced the signing of a Memorandum of Understanding (MoU) to collaborate by leveraging …
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 …
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 …