May 2, 2026 at 4:08 pm | Uncategorized | No comment
While Sri Lanka’s goods exports rose 9.11% in the start of 2026, the trade deficit remains a focus. Early 2026 data shows the deficit widening to $776 million in February alone, driven by a 35.7% jump in consumer goods imports, including $204.8 million for personal and commercial vehicles. For the logistics sector, managing “empty container […]
Read moreMay 1, 2026 at 4:05 pm | Uncategorized | No comment
On this International Workers’ Day, the focus is on the working people driving Sri Lanka’s economic progress. President Anura Kumara Dissanayake highlighted that despite global challenges like Middle East conflicts and Cyclone Ditwah, the nation has seen export earnings exceed $17 billion. The “Modern Canvas” of a 2026 warehouse requires a digitally literate workforce. Efforts […]
Read moreApril 29, 2026 at 4:00 pm | Uncategorized | No comment
As of today, April 29, the government has intensified the nationwide QR-based fuel rationing system to manage the ongoing energy crisis triggered by Middle East supply disruptions. While private vehicles face strict limits, the EDB is working to ensure that the “Export Green Channel” remains prioritized to avoid a complete standstill in the supply chain. […]
Read moreApril 28, 2026 at 3:57 pm | Uncategorized | No comment
The Sri Lanka Export Development Board (EDB), in partnership with the Asian Development Bank (ADB), has reported significant progress in formulating the National Export Development Plan (NEDP) for 2026–2030. This strategic framework is designed to transition the country toward a more dynamic, technology-driven export economy. For the warehousing and logistics industry, this isn’t just a […]
Read moreApril 27, 2026 at 8:08 am | Uncategorized | No comment
In a major step toward regional energy security, Indian Vice President Radhakrishnan held extensive talks with Sri Lankan leaders in Colombo today. A key priority of the visit was the proposed Trincomalee Energy Hub and the plan to link India and Sri Lanka through a multi-product oil pipeline. This project aims to provide a stable […]
Read moreApril 27, 2026 at 8:05 am | Uncategorized | No comment
The Ceylon Petroleum Corporation (CPC) has confirmed the arrival of a critical vessel carrying 9,500 metric tonnes of diesel today, April 27. Managing Director Mayura Neththikumarage stated that this shipment, along with a massive 35,000 MT petrol shipment expected before the end of the month, is part of a strategic push to stabilize the nation’s […]
Read moreApril 25, 2026 at 5:50 am | Uncategorized | No comment
Reflecting the volatility in global energy markets, a price revision for Liquefied Petroleum Gas (LPG) was implemented today. The adjustment follows a sharp rise in Saudi Aramco’s Asia-Pacific benchmark, which added over Rs. 1,000 to the landing cost of a standard cylinder. This cost-push pressure is a reminder that the logistics of “Energy Security” remains […]
Read moreApril 19, 2026 at 5:43 am | Uncategorized | No comment
Fresh data from the Central Bank of Sri Lanka confirms that the Manufacturing Purchasing Managers’ Index (PMI) surged to 66.7 in March 2026, up from 56.8 in February. This indicates a robust expansion, largely driven by the seasonal peak in the food and beverage and textile sectors ahead of the festive season.However, the report also […]
Read moreApril 6, 2026 at 5:32 am | Uncategorized | No comment
The Hambantota International Port (HIP) has officially reported a “sharp surge” in global shipping volumes this week. As a direct response to the ongoing disruptions in the Middle East, shipping lines are increasingly diverting operations to HIP as a stable alternative hub along the East–West corridor. To handle this influx, the port has doubled its […]
Read moreApril 2, 2026 at 5:24 am | Uncategorized | No comment
In a direct response to the domestic fuel pressures triggered by the ongoing regional conflict, the Export Development Board (EDB) and the Ceylon Petroleum Corporation (CPC) held a high-level summit today. The focus was the optimization of the “Priority Fuel Distribution Mechanism” for the export sector. With over 4,500 exporters now registered, the program is […]
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