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Sri Lanka Launches Major Investment Campaign for $15 Billion Port City Colombo

February 18, 2026 at 11:34 am | Uncategorized | No comment

Sri Lanka has launched an ambitious global investment campaign for its $15 billion Port City Colombo project, unveiling a comprehensive incentive package designed to attract world-leading financial institutions, trading companies, and logistics operators. The initiative reflects Sri Lanka’s strategic determination to position Port City Colombo as a major regional hub for finance, trade, and commerce […]

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Dr Parakrama Dissanayake Assumes Office as New Chairman of Sri Lanka Ports Authority

February 18, 2026 at 11:34 am | Uncategorized | No comment

Dr Parakrama Dissanayake has officially assumed office as the Chairman of the Sri Lanka Ports Authority on February 17, 2026, marking his third tenure in this prestigious leadership position. With an exceptional track record in maritime operations, logistics management, and corporate governance, Dr Dissanayake brings invaluable expertise to steer Sri Lanka’s port infrastructure during a […]

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Sri Lanka Stands at One of the Most Strategic Maritime Crossroads in the World

February 18, 2026 at 6:55 am | Uncategorized | No comment

Situated along the main East–West shipping route of the Indian Ocean, the island lies just a few nautical miles from the sea lanes that carry a significant portion of global trade, including energy shipments and container traffic between Asia, the Middle East and Europe. Geography has already given Sri Lanka an advantage that many nations […]

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Macro Outlook 2026: Business Confidence Remains Robust Amid Recovery

February 12, 2026 at 11:39 am | Uncategorized | No comment

As we move into the second half of February, the “Modern Canvas” of the Sri Lankan economy appears increasingly stable. Analysts at CAL Research and other local chambers report that business confidence is at a three-year high. This optimism is rooted in the “Towering Tree” of the Central Bank’s independent inflation-targeting framework, which promises more […]

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Sri Lanka Expo 2026: A Platform for Export Growth and Investment

February 12, 2026 at 11:38 am | Uncategorized | No comment

Renewed momentum has hit the “Modern Canvas” of the export sector with the official launch of Sri Lanka Expo 2026. Scheduled for June, the Expo aims to showcase the island’s export capabilities to over 1,500 international buyers. For the logistics and warehousing sectors, this event is a “Towering Tree” of opportunity, as it directly promotes […]

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Sri Lanka Freight Market Projected to Hit $8.11 Billion in 2026

February 12, 2026 at 11:32 am | Uncategorized | No comment

The “Modern Canvas” of Sri Lanka’s logistics industry is showing robust growth, with the market expected to reach $8.11 billion in 2026, according to the latest Mordor Intelligence report. This growth is driven by the expansion of regional transshipment hubs, rising investments in integrated logistics parks, and the accelerated adoption of digital customs platforms like […]

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Maersk Implements Peak Season Surcharge for Sri Lanka Routes

February 12, 2026 at 11:31 am | Uncategorized | No comment

Global carrier Maersk has announced the implementation of a Peak Season Surcharge (PSS) for shipments from Asia-Pacific (APA) to South-East India, Sri Lanka, and Nepal, effective February 25, 2026. This surcharge is a response to the “Modern Canvas” of fluctuating demand and operational costs as we head into the post-Lunar New Year recovery phase. For […]

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Colombo Port’s Next Act: Can Expansion Power the Economic Revival?

February 11, 2026 at 11:29 am | Uncategorized | No comment

Today at the Terminal Technology and Trade Engagement 2026, Ports Minister Anura Karunathilaka reaffirmed that the Port of Colombo is a national priority. The government’s renewed emphasis on port expansion and digital upgrades is a strategic bet that maritime trade can once again anchor the “Towering Tree” of the island’s economy. The message was clear: […]

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Sri Lanka Plans Major Tariff Overhaul to Boost Export Competitiveness

February 10, 2026 at 11:28 am | Uncategorized | No comment

In a bold move to reshape the “Modern Canvas” of its trade economy, the Sri Lankan government has announced plans for a major tariff overhaul in early 2026. The objective is to simplify the complex duty structures that have historically hindered the ease of doing business for importers and exporters. By streamlining these tariffs, the […]

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Modern Cranes, Maritime Gains: SAGT Secures $20M for Modernization

February 3, 2026 at 11:27 am | Uncategorized | No comment

The South Asia Gateway Terminals (SAGT), a key private operator at the Port of Colombo, has secured a $20 million financing package from the International Finance Corporation (IFC). This funding is earmarked for a critical “Modern Canvas” project: the replacement of aging ship-to-shore (STS) cranes with modern, energy-efficient models. This investment comes at a time […]

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