A market brief each morning, plus company filings and news from across Sri Lanka's stock market. Filter by company, sector and theme, and use sentiment badges to quickly identify Positive or Negative news.
Prime Lands Residencies PLC (PLR.N0000) has completed the superstructures of all three towers at The Colombo Border in Peliyagoda, moving the development ahead of schedule and enabling handovers from mid-2027. Tower Cosmos is fully sold out, with remaining two- and three-bedroom units starting around Rs.48 million.
Prime Lands Residencies PLC has completed the superstructures (topped off) of all three towers at The Colombo Border, a key construction milestone that the company says advances the project ahead of schedule. Handover is due from mid-2027 and Tower Cosmos is reported sold out, with remaining two- and three-bedroom units from Rs 48M.
Adani Airport Holdings has entered binding agreements to raise INR 98.25 billion (~$1bn) of primary equity from a consortium including Alpha Wave, Premji Invest, Temasek and BlackRock at a pre‑money valuation of about $18bn; proceeds will fund airport expansion, a 22m sq ft airport‑city and non‑aeronautical growth, with investors to hold ~5.54% after three tranches (final tranche by July 2027).
Udeshi Tracks & Equipment introduced the Shantui L55-B5 wheel loader in Sri Lanka and announced plans to roll out a range of electric construction machinery, projecting up to 60% lower operating costs and up to 70% lower maintenance versus diesel equipment.
Groundworth (Pvt) Ltd launched "Antara", a 12-plot residential land development in Thalawathugoda offering plots from 6.5 perches with prices starting at LKR 3.3 million per perch; the development includes 22-ft access roads, utilities, clear deeds and is open for site visits.
The BOI registered an Agreement with Sahasdhanavi Limited to develop a 350 MW RLNG/diesel combined-cycle power plant at Kerawalapitiya with a US$291.19 million investment; the BOOT project is to be completed within 42 months and is expected to create 1,147 jobs and operate initially on diesel with capability to shift to RLNG.
The BOI registered a $291.19m BOOT agreement with Sahasdhanavi Ltd to develop a 350 MW RLNG/diesel-operable combined-cycle power plant at Kerawalapitiya, due within 42 months; the project is expected to add ~1,147 jobs and boost local generation capacity to about 1,000 MW in the area.
The BOI hosted the fifth Sri Lanka-Japan Business Environment Committee where Japanese investors raised operational concerns across manufacturing, logistics, energy, infrastructure and environmental services and government agencies provided responses. The meeting also convened the first Sri Lanka-Japan Joint Working Group on an export‑oriented industrial corridor to advance bilateral industrial and export development.
ABC Trade and Investment Ltd signed a memorandum of understanding with the All-China Environment Federation to develop water-management and clean/renewable-energy projects in Sri Lanka, aiming to channel Chinese technology, engineering expertise and potential capital into local water and clean-energy infrastructure.
Home Lands reports 60% of piling work completed at Central Park Boulevard Port City Colombo, achieved just under three months after launch and 10% ahead of plan. The USD150m investment (project value >USD300m) involves 192 piles and three contractors, including Access Engineering.
Prime Lands Residencies PLC is developing The Seasons in Colombo 08, 44 ultra-luxury three-bedroom residences averaging ~2,000 sq ft, priced from LKR 132 million and due for completion and occupancy in mid-2027.
Vidullanka PLC said construction of its 10 MW Ranna Solar Power Project (Rs.1.8 billion), owned via 50%-held JV DPV Solar Energy Ltd., is complete and awaits EDL to energise the grid interconnection before commercial generation can start. Once commissioned the plant will add 10 MW of renewable capacity to the national grid.
India's GDP grew 7.8% in 1Q FY27 to INR 81.36 trillion, up from a revised 6.9% a year earlier. Growth was driven by 9.2% manufacturing expansion and an 11.9% rise in gross fixed capital formation (with construction and electricity rebounding); officials warned elevated oil prices (above $80/bbl) and West Asia disruptions could weigh on exports and demand.
Cabinet approved completing two unfinished road links-about 50m of the Western bypass and ~650m of an access road-to provide direct access to the Homagama-Pitipana Mahenawatta Tech City, using domestic funds to ease congestion and improve connectivity.
Hayleys Fentons (Hayleys PLC) delivered a Rs.1 billion manufacturing facility for Shield Restraint Systems at the Wathupitiwala EPZ on schedule, completed in roughly 14 months. The facility will produce premium safety restraint systems for the international automotive supply chain.
Groundworth (Pvt) Ltd launched 'The Highway', a premium 12-plot residential land development 1 km from the Kottawa Expressway Interchange; plots start from 6 perches with prices from LKR 2.1 million per perch, utilities and road access provided, and site visits open with limited plots available.
Beverlee Holdings (Pvt) Ltd is developing a multi-unit residential project in Thalahena using its end-to-end "design-and-build" model that integrates land assessment, architectural and structural design, interior design and construction. The firm, operating nearly two decades, has completed over 70 projects and emphasizes sustainable design, practical pricing and disciplined project management.
Hayleys' project arm completed construction of a LKR 1+ billion manufacturing facility for Shield Restraint Systems at the Wathupitiwala EPZ on schedule in roughly 14 months. The plant will produce premium safety restraint systems for the international automotive industry.
CBSL said Sri Lanka's Construction PMI rose to 61.4 in July from 60 in June and 59.1 in May, marking a third consecutive month of faster expansion with stronger new orders and employment. Firms reported shortages of inputs-notably bitumen-and elevated material prices, though the near-term outlook stayed positive.
Sri Lanka's Construction PMI (Total Activity Index) rose to 61.4 in July 2026, indicating continued expansion in construction activity. Respondents cited sustained new projects but reported input constraints, notably short bitumen supply, skilled labour shortages and higher material prices, while near-term sentiment remained positive.
Tokyo Cement Company (Lanka) PLC's ready-mix unit TOKYO SUPERMIX won three awards at the Sri Lankan Sustainability Awards 2026 for Sustainable RMC Brand, Sustainable Green Material Innovation and Sustainable Manufacturing Facility, highlighting its sustainability leadership in ready-mix concrete.
Deep Tec Engineering and China Civil Engineering Construction Corporation (CCECC) signed an MoU appointing Deep Tec as CCECC's authorised local engineering and business partner to develop solar-powered water, purification and sanitation infrastructure across Sri Lanka.
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