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What Can be Done to Reduce Land Forgery in Sri Lanka?

By Maheswary Sivapragasam (IDN) — As land forgery continues unabated in Sri Lanka, something has to be done to prevent the prevalent rate of land fraud, with legal owners and…

Investment Insights on Port City and Cinnamon Life Presented to International Audience

With Colombo Port City and Cinnamon Life emerging as Sri Lanka’s most attractive investmentopportunities in the property and leisure sectors, a webinar hosted recently by the Sri Lanka CanadaBusiness Council…

Soaring Construction Materials Costs Drives Forex-Crisis-hit Sri Lanka’s Housing Prices To An All-Time High

The overall selling prices of houses had increased by 22.53% and apartments by 17.68% in Q4 2021 when compared to Q4 of 2020, indicating an all-time high price, according to…

LINDEL takes home Bronze Award in Land and Property Sector at 56th Annual Report Awards organized by CA Sri Lanka

DFCC Group subsidiary, Lanka Industrial Estates Ltd (LINDEL), was recently awarded the ‘Bronze award’ for their Annual Report for financial year 2020/21 themed “From Resilience to Progress”, in the ‘Land…

ASPI to reach 15,000 in 1Q with negative returns predicted to materialize from 2Q onwards with possible shocks

The main index of the Colombo Stock Exchange (CSE), the All Share Price Index (ASPI) is forecasted to reach the 15,000 mark in the first quarter of the year before…

Premium-priced Cinnamon Life’s Condo units moving at a snail’s pace

Pre-sales of John Keells Holdings (JKH)’s Pre-sales of ‘Cinnamon Life’ Residential Towers continue to move at a snail’s pace as of 30th of September this year despite the project nearing…

Central Bank of Sri Lanka eyes to attract Singaporean Fintech players to its Fintech Sandbox

Sri Lanka – Singapore Business Council (SLSBC) headed by leading venture capitalist Prajeeth Balasubramaniam is facilitating cooperation between Sri Lankan and Singaporean authorities to support the Central Bank of Sri Lanka…

Sri Lanka Retailers’ appeals for cost-sharing from Business Partners amid current economic crisis

The Sri Lanka Retailers’ Association (SLRA), the apex body for organized retail in Sri Lanka is requesting landlords, lessors, and business partners to reduce leases and rentals for the Association’s…

Delhi-Colombo-Beijing triangle undergoes another shift

By Professor Harsh V Pant Chinese Defence Minister Gen. Wei Fenghe was in Sri Lanka last week seeking to shore up support for Chinese projects at a time when new…

New Investor to soon acquire Breadtalk’s Sri Lankan franchisee

RIL Properties PLC is progressing with negotiations with a potential investor to dispose of its entire stake in FoodBuzz (Private) Limited which owns franchise rights of BreadTalk in Sri Lanka. The…