Siyapatha Finance’s proposed senior unsecured debentures issue of 5 billion Sri Lankan rupees has been assigned a final National Long-Term Rating of ‘A(lka)’ by Fitch Ratings.
IT, consumer staples lift Sri Lanka shares
Sri Lankan shares closed higher on Wednesday, aided by gains in information technology and consumer staples stocks. The CSE All Share index settled up 0.81% at 17,353.05, rising for the seventh …
Ebadot Hossain back in Bangladesh squad for SL Tests
Ebadot Hossain returns to the Bangladesh team for the first time in almost two years, after being named in the 16-man squad for the two Tests against Sri Lanka later this month. He has recovered from …
Belluna Lanka enters new phase with Sri Lanka as strategic anchor
Marking its new chapter as an independent entity, Belluna Lanka is reinforcing its commitment to regional expansion, reaffirming Sri Lanka’s role at the centre of its South Asian vision. A wholly …
House Hunting in Sri Lanka: Open-Air Grandeur With Ocean Views
Courtesy of The New Sri Lankan House “Sri Lanka has a lot of very friendly people who are very hospitable,” said Pranesh Paramanantha, a real estate professional with Sri Lanka Sotheby’s …
Real Estate Gems In Sri Lanka With Steradian Capital
Springer: When you try to assess what should be fair value for Sri Lanka’s real estate in the future, how does Sri Lanka’s real estate values compare to other country’s markets? Jamaldeen …
Sri Lanka imposes 100% land lax when foreigners buy
How difficult is the property purchase process in Sri Lanka? Foreigners can freely buy properties as long as they are willing to pay the Land Tax for foreigners at 100% of the property value. An …
Will changes in Sri Lanka’s property laws open the floodgates to developers?
Today we are selling the same property for about $15,000 per perch.” He adds: “That’s still five times cheaper than a comparable beach site in Bali.” Beach at Weligama on Sri Lanka’s …
Sri Lanka’s real estate bubble likely to explode in five years
A bubble is emerging in Sri Lanka’s over-crowded real estate industry and likely to explode in another five years, a top government official says. Urban Development Authority (UDA) Chairman, Jagath …
ADB supports Sri Lanka’s first performance- based NRW PPP project in Galle to boost water efficiency and sustainability
The Asian Development Bank (ADB) is supporting the Government of Sri Lanka in developing the country’s first performance-based public–private partnership (PPP) to reduce non-revenue water (NRW) in …