Lower interest rates have pushed the demand for housing loans up, resulting in housing prices soaring by over 20% from the 2Q 2020 level which is in stark contrast to apartment and land prices. Higher cost of construction triggered by the import controls may also be keeping the house prices buoyant.
Air Vice Marshal Lasitha Sumanaweera will be appointed as the new Chief of Staff of…
Discussions have been held at the Ministerial Consultative Committee on Transport, Highways, Ports and Civil…
Property in Sri Lanka’s Colombo had risen 7.7 per cent in the second half of…
The Criminal Investigation Department (CID) has launched an investigation into a complaint regarding an alleged…
A man was arrested this morning by Kadugannawa police for riding a motorcycle from Colombo…
Sri Lanka’s tourism industry recorded earnings of $400.7 million in January 2025, according to the…