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 …
IMF demands Sri Lankan government increase electricity tariff by nearly 20 percent
The Dissanayake regime, completely subservient to international capital, is not ready to lose the remaining IMF installments, including the $334 million fourth tranche.
DFCC Bank shines at ADFIAP, set to host 49th Annual Meeting in Sri Lanka
DFCC Bank PLC, a founding member of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), represented Sri …
DFCC Bank shines at ADFIAP, set to host 49th Annual Meeting in Sri Lanka
DFCC Bank PLC, a founding member of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), represented Sri …
Cricket-Pakistan to play in Colombo when India hosts women’s World Cup
(Reuters) -Pakistan will play all their women’s 50-over World Cup matches in Sri Lanka’s capital Colombo when India hosts this year’s tournament, the International Cricket Council (ICC) said on Monday …
City of Dreams Sri Lanka casino to open in August: local partner
The casino at City of Dreams Sri Lanka, to be managed by Melco Resorts & Entertainment Ltd, is due to open “in August”. That is according to a statement by John Keells Holdings Plc, the casino group’s …