MVRDV’s first project in SL, Veranda Offices, climbs steadily upwards with casting of 2nd Floor

Views - 406 Thursday, 21 June 2018 00:00

Nathalie De Vries, one of the founding partners of the global architectural and urban planning practice MVRDV of The Netherlands, arrived in Colombo today (21) to view the progress of the firm’s first project in Sri Lanka, M2M. Veranda Offices was

Aspire Residencies project breaks ground in Athurugiriya

Views - 52 Thursday, 21 June 2018 00:00

Odiliya Residencies Ltd., the newest addition to Odiliya Group, successfully concluded the groundbreaking ceremony in a simple, charming but elegant manner at its site – Aspire Residencies – Athurugiriya. Group Chairman Gerrard Fernando, Managin

JCB partners with United Motors

Views - 150 Wednesday, 20 June 2018 00:00

In a fresh bid to consolidate JCB’s expansive range of machines for Sri Lanka, United Motors PLC (UML) and JCB announced eases hassle of buying and selling property

Views - 38 Wednesday, 20 June 2018 00:00

Today’s busy lifestyle has taken away the luxury of time to attend to all that entails a property transaction. This includes

Oceanfront Condos: A priceless experience

Views - 87 Wednesday, 20 June 2018 00:00

A picture they say is worth a thousand words but living and experiencing it has to be priceless! My four-day

INSEE Cement continues to strengthen nation through skills development and vocational training

Views - 32 Monday, 18 June 2018 00:00

A Memorandum of Understanding (MoU) was signed recently between Central Province Council together with INSEE Cement Sri Lanka also known as Siam City Cement (Lanka) Ltd.

‘Senehe Siyapatha’ initiative rebuilds landslide hit Kalubovitiyana Maha Vidyalaya

Views - 36 Monday, 18 June 2018 00:00

Shraddha Media Network in partnership with the Maha Karuna Buddhist Society – Malaysia, Theravada Buddhist Council – Malaysia, Ministry of Defence, Ministry of Disaster Management and Dialog Axiata PLC commenced the construction of a new building

Foreign nationals 60% of Serenia Residences buyers

Views - 63 Monday, 18 June 2018 00:00

Sri Lanka’s luxury beachfront properties are currently riding the crest of a real estate boom from both tourism as well as investment growth.

McLarens forms JV with Singapore’s Peak to launch integrated facilities management solutions

Views - 60 Monday, 18 June 2018 00:00

McOcean Property Developers Ltd., a member of the McLarens Group, has formed a 50:50 joint venture with Singapore’s Peak Engineering and Consultancy Ltd., to launch world class integrated facilities management solutions with the boom in apartments

Chamber of Construction Industry signs MOU with CHINCA in China

Views - 72 Wednesday, 13 June 2018 09:41

The Chamber of Construction Industry Sri Lanka (CCISL), as the apex representative body of all those engaged in the construction sector, on 8 June was able to enter into a historic MOU with the China International Construction Association (CHINCA), w

Linear Park along Beira Lake vested with the public by President

Views - 69 Wednesday, 13 June 2018 09:41

President Maithripala Sirisena vested the reconstructed and developed eastern bank conservation of the East Beira Lake and the Linear Park along Beira Lake with the public on 12 June. The program was implemented by the Urban Development Authority un

Modern office spaces open for reservations at Bellatrix Orion City

Views - 73 Wednesday, 13 June 2018 09:40

Responding to rapidly increasing demand for modernised, high-end commercial office space in Colombo, the Bellatrix Tower by Orion Development is ready for occupation. Situated on 16 acres of prime land on Baseline Road, Colombo 9, where approximately

Britain could end homelessness in 10 years

Views - 11 Wednesday, 13 June 2018 09:38

LONDON (Thomson Reuters Foundation) - Britain could end a homelessness crisis within a decade if it invests more in social housing and benefits, a charity said on Monday, warning that the number of rough sleepers could nearly double in 25 years if no

Orion Towers – Nurturing Celestial Possibilities open for booking

Views - 71 Friday, 8 June 2018 00:00

Inspired by the Orion Belt, the Orion City Towers will transform the landscape of Colombo. The futuristic design was created

‘The One’ project set to showcase new heights to Colombo’s skyline

Views - 335 Friday, 8 June 2018 00:00

One Transworks Square Ltd. together with Zhong Tian Ding Hui (ZTDH) Company on Tuesday (4) announced that it is ready

SLT Fibre to power Phases 3 & 4 of Havelock City

Views - 47 Friday, 8 June 2018 00:00

Sri Lanka Telecom (SLT), the national ICT solutions provider in Sri Lanka was proud to announce its partnership with

Elegant 16 provides gateway to score maximum points from leading schools in Col. 7 and 8

Views - 67 Friday, 8 June 2018 00:00

Ekroma’s ‘Elegant 16’ luxury apartment is attracting farsighted couples astute enough to perceive the opportunity for admitting

Millennium Housing Developers breaks ground for 88 luxury apartments ‘Green Heights’

Views - 66 Wednesday, 6 June 2018 00:00

Millennium Housing Developers PLC (MHDL), Sri Lanka’s leading premier township developer held a groundbreaking

World Economic Forum shows way to ‘Building the Future of Construction’

Views - 39 Wednesday, 6 June 2018 00:00

Dramatic changes on the horizon indicate an uncertain future for the engineering and construction (E&C) industry and its more than 100 million employees worldwide.

Indian Housing Project extends to Madakumbura and Vellaioya Estates

Views - 42 Wednesday, 6 June 2018 00:00

In a special ceremony held on 4 June at Madakumbura Estate in Punduloya, Nuwara Eliya District foundation stone

Reconstruction of Kochchikade Bridge project making fast progress

Views - 111 Wednesday, 6 June 2018 00:00

The reconstruction of Kochichikade Bridge across Mahaoya River on Peliyagoda – Puttalam road (A3) by Access Engineering PLC

These Chinese buildings are coming to a city near you!

Views - 96 Tuesday, 5 June 2018 00:00

By Nate Berg A square mile of new land spreads out from the shores of Colombo, Sri Lanka. Crews are 80% through reclaiming approximately 65 million cubic meters of sand from the Indian Ocean floor. The land will form the foundation of Port C

Affordable housing solutions in pipes, containers and 3D printers

Views - 17 Tuesday, 5 June 2018 00:00

Bangkok (Thomson Reuters Foundation): A critical shortage of affordable housing across the world is triggering creative solutions from Hong Kong to El Salvador, in the form of modified pipes, containers and 3D printers. At least 150 million people, o

2-Level Custom Sky Penthouse of Serenia Residences snapped up for $ 1.1 m

Views - 53 Tuesday, 5 June 2018 00:00

The luxury development market in Sri Lanka is really heating up and not just from those wanting to catch a bit of sun, but also from international investors from around the world who recognise Serenia as a one of the island’s most prestigious and e

Shortage of local engineers and technicians, major hindrance to development process: President

Views - 25 Friday, 1 June 2018 00:00

President Maithripala Sirisena says the shortage of local engineers and technicians has become a major hindrance to the development process of the country.

COO, CMC and Land Registry

Views - 47 Friday, 1 June 2018 00:00

My father purchased a house (approx. two perches) in 2010. The assessment number is 273/6S4, Ferguson’s Road,

US hits EU, Canada and Mexico with steel, aluminium tariffs

Views - 17 Friday, 1 June 2018 00:00

Washington (Reuters): The United States yesterday said it was moving ahead with tariffs on aluminium and steel imports

Sahvia Façade enters SL with business collaboration and JV with EverMO Corporation and DF Associates

Views - 128 Friday, 1 June 2018 00:00

A Memorandum of Agreement was signed in Colombo on business collaboration and a Joint Venture between Sahvia Façade

What are the top property hotspots around Colombo?

Views - 225 Friday, 1 June 2018 00:00

A recent study done by reveals the average residential land prices around Colombo and which areas the prices have gone up.

Zurich too pricey? Then try LA for affordability

Views - 18 Thursday, 31 May 2018 00:00

Zurich (Reuters): The Swiss financial hub of Zurich remains the world’s most expensive major city and Egypt’s capital Cairo the cheapest, the annual rankings of 77 metropolitan areas by Swiss bank UBS found on Tuesday. But Los Angeles features th

Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit

Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi

The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation

Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc

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