Try GOLD - Free
Prime Lands Residencies' J'Adore Negombo achieves 99% pre-sales and commences superstructure construction with ICC
Daily FT
|December 19, 2025
PRIME Lands Residencies PLC has officially commenced construction of the superstructure landmark J'Adore Negombo, with International Construction Consortium (ICC).
-
Prime Group and International Construction Consortium representatives at the signing of the superstructure construction agreement for J'Adore Negombo. From left: ICC Director - Projects Chula Thenuwara, Managing Director Namal Peiris, Prime Group Chairman Premalal Brahamanage, and Co-Chairperson Sandamini Perera
This story is from the December 19, 2025 edition of Daily FT.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily FT
Daily FT
Meta, Microsoft cut thousands of jobs as AI drives productivity shift
META Platforms and Microsoft are cutting thousands of jobs as both companies ramp up investments in artificial intelligence, with executives citing improved productivity from the technology.
1 min
April 25, 2026
Daily FT
Nestlé Lanka names Manav Sahni as new Chief, Bernie Stefan transitions to global role
NESTLÉ Lanka Ltd. yesterday announced the appointment of Manav Sahni as Chairman and Managing Director, effective 1 May 2026, succeeding Bernie Stefan, who will transition to a new global role within the Nestlé Group.
1 mins
April 25, 2026
Daily FT
US drops criminal probe into Fed Chair Powell
US Federal prosecutors are closing their criminal investigation into Federal Reserve Chairman Jerome Powell, US Attorney Jeanine Pirro announced Thursday.
1 min
April 25, 2026
Daily FT
Demographic shift deepens as ageing, low fertility and inactivity reshape economy: Census 2024
SRI Lanka's latest Census of Population and Housing points to a structural shift in the country's economic foundations, with ageing, low fertility, and weak labour force participation emerging as the most critical pressures on future growth and fiscal stability.
2 mins
April 25, 2026
Daily FT
Youthful SL lock horns with experienced NZ under 85kg
THE first match between Sri Lanka XV and the visiting New Zealand Under-85kg side is set to take place at the Race Course ground tonight.
2 mins
April 25, 2026
Daily FT
CPC posts Rs. 36.4 b profit in 2025
CPC records profit for third consecutive year under cost-reflective pricing Oil prices ease in 2025 but spike in March 2026 due to Middle East tensions
1 min
April 25, 2026
Daily FT
Burgher English literacy falls from 97.4% in 2012 to 79.3% in 2024
Only ethnic group to record a sharp decline amid broad national gains Sinhala and Tamil literacy rise across all communities Shift raises questions on education, ageing, and demographic change
2 mins
April 25, 2026
Daily FT
Battle heats up between Jaswar and Shirantha for NOCSL Presidency
THE race for the National Olympic Committee of Sri Lanka (NOCSL) Presidency has intensified ahead of its crucial Annual General Meeting (AGM) scheduled for today, with three prominent administrators emerging as key contenders for the top post.
1 mins
April 25, 2026
Daily FT
CSE ends down 0.9% during week
YTD foreign outflow reaches Rs. 24.9 b
1 min
April 25, 2026
Daily FT
CEB posts Rs. 39 b loss in 2025 despite tariff revisions
CEB posts loss despite tariff hikes; liabilities rise to Rs. 617.4 b Electricity demand and generation grow 5.8% amid economic recovery
2 mins
April 25, 2026
Listen
Translate
Change font size

