Chinese companies have become key players in Sri Lanka’s housing sector, taking on numerous large-scale construction projects across the island, particularly in urban areas and regions affected by conflict or natural disasters.
Continue Reading
Chinese companies have been picked to construct nearly 2000 houses in Sri Lanka for low-income families under a Chinese Government funded program.
Continue Reading
Sri Lanka Purchasing Managers’ Index for Construction (PMI -Construction) expanded at a slower pace in August 2024 over the significantly higher level reached in the previous month, recording an index value of 51.4.
Continue Reading
Sri Lanka’s construction sector reported a contraction in September, reflecting a slowdown in the activities, influenced by the election-related disruptions, the data from the Purchasing Managers’ Index (PMI) showed on Monday.
Continue Reading
The Cabinet of Ministers on Monday approved awarding the contract to OQ Trading Ltd., for the supply of Liquefied Petroleum Gas (LPG) to Litro Gas Lanka Ltd., in 2025.
Continue Reading
