What Wikipedia can’t tell you about Sri Lanka
By Lanka Property Web What is Sri Lanka? Ceylon, Serendib, Taprobane, Pearl of the Indian Ocean and The Teardrop of India. It is a member of the South Asian …
Real Estate & Construction
Mark Mobius says Sri Lanka has foreign investors appeal for tourism, fin-tech and real estate
Dec 11, 2019 (LBO) - Emerging markets investor, Dr. Mark Mobius highlighting Sri Lanka's strengths said he sees immense growth potential in the island as the …
Norges Bank exits from Access Engineering’s top 20 shareholders list
Nov 15, 2019 (LBO) – Norway's sovereign wealth fund managed by the Norwegian Central Bank, Norges Bank has exited from Access Engineering’s top 20 …
Shangri-La Group completes One Galle Face, Group’s largest venture in South Asia
Nov 14, 2019 (LBO) – Seven years after it broke ground, the much-anticipated One Galle Face (OGF) integrated project was officially opened recently by …
Sri Lanka FDI down in first half of 2019: Dips in service and infrastructure sectors
Nov 05, 2019 (LBO) - The Central Bank says that Foreign Direct Investment (FDI) including loans to projects approved by the Board of Investment (BOI), …
JKH Sept quarter net profit down 55-pct amid Easter Sunday impacts
Nov 01, 2019 (LBO) – Sri Lanka’s diversified John Keells Holdings said its profits for the second quarter were mainly impacted by the Easter Sunday impacts …
![ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC](https://www.lankabusinessonline.com/wp-content/uploads/2016/11/Access-Engineering-PLC-CSE.jpg "ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC")
ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC
Rating action ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has reaffirmed the Issuer rating of [SL]A+ …
Opinion: Are apartment developers moving to suburbs?
LankaPropertyWeb's (LPW) With Colombo city turning into a business hub more than a residential area, recent studies of LankaPropertyWeb (LPW) show that …
Sanken Construction to build 112-room hotel at Union Place under BOI deal
Oct 24, 2019 (LBO) – Sri Lanka's Board of Investment signed an agreement with Sanken Construction (Pvt) Ltd to construct and operate a 112 room hotel with an …
BOI enters into supplementary agreement with concrete poles manufacturer
Oct 18, 2019 (LBO) – Sri Lanka's Board of Investment signed a supplementary agreement with Senaka Zenn (Private) Limited to set up a project to manufacture …
5-star hotel to be built in Kandy under BOI agreement
Oct 09, 2019 (LBO) – The Board of Investment of Sri Lanka signed an agreement with Star Class Hotel (Pvt) Ltd., to set up 67 room 5-star hotel which will be …
Altair infuses USD 25 mn via syndicated loan
Oct 08, 2019 (LBO) – A consortium of leading local banks, comprising of the Bank of Ceylon, NDB Bank and National Savings Bank has raised a syndicated loan …
LankaPropertyWeb partners with HNB for Home Loan Products
LankaPropertyweb.com (LPW), Sri Lanka’s premier property site, recently tied up with Hatton National Bank (HNB) to offer its customers a range of home loan …
MTD Walkers (KAPI) loses another billion, equity wiped out
October 2, 2019 (LBO) - Embattled construction firm MTD Walkers (KAPI) has reported a loss for the June quarter of approximately Rs1bn, and its equity base has …
International expert calls for policy recalibration to support property development
Sep 25, 2019 (LBO) - The future of Sri Lanka’s economic development hinges on how domestic policies towards real estate evolve, particularly with respect to …
Sri Lanka GDP growth 1.6-pct in Q2
Sep 19, 2019 (LBO) - Sri Lanka's Gross Domestic Product (GDP) growth rate for the second quarter of 2019 has been estimated as 1.6 percent, a new report said. …
Capitol TwinPeaks boosts expat segment confidence in Sri Lanka real estate
Colombo, Sri Lanka - September 2019 - Capitol TwinPeaks, the flagship residential venture of the Sanken Group, located on the Beira lakefront in Colombo 2, has …
CCC biz conclave draws foreign participants for agri, power , tourism, exports, infrastructure
Sep 09, 2019 (LBO) - The Sri Lanka Investment and Business Conclave 2019 has shown a rise in interest for agriculture, power and energy, infrastructure …
Colombo District Land Price Index records 13.6-pct increase in 1H 2019
Sep 03, 2019 (LBO) – Land Price Index for Colombo District, compiled by the Central Bank has reached 132.2 during the 1st half of 2019, recording an increase …
Prime stands tall among ‘Most Respected Entities in Sri Lanka’
Prime Group was selected as the Most Respected Real Estate Organization among Sri Lanka’s ‘Most Respected Entities’ in 2019 for the third time, …