Press & Media


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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Inter-Terminal Trucking (ITT) Commences at Colombo West Terminal

February 2, 2026 at 11:25 am | Uncategorized | No comment

In a major operational upgrade for the “Towering Tree” of Sri Lankan maritime trade, Califolink Logistics has officially commenced Inter-Terminal Trucking (ITT) operations at the Colombo West International Terminal (CWIT). This strategic expansion is designed to enhance the fluidity of container movement across the Port of Colombo’s diverse terminals. By providing dedicated trucking solutions within […]

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Beyond Algorithms: How ‘Agentic AI’ is Reshaping the Global Warehouse

January 25, 2026 at 6:11 am | Uncategorized | No comment

As of late January 2026, the logistics industry has officially moved past the “Pilot Phase” of Artificial Intelligence. While 2024 and 2025 focused on predictive analytics, 2026 is being hailed as the year of Agentic AI. Unlike traditional software that requires human prompts, these new “AI Agents” possess the autonomy to sense, reason, and act […]

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Wings India 2026: Regional Jets and the ‘Blue Ocean’ of Micro-Cargo

January 25, 2026 at 6:08 am | Uncategorized | No comment

The Wings India 2026 conference opened today in Hyderabad, and the message is clear: the future of aviation is regional. Global players like Embraer, Airbus, and Boeing are showcasing a new generation of aircraft designed specifically for India’s Tier II and Tier III cities. Embraer, in particular, is highlighting its E2 family of jets as […]

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Qualcomm CEO: India is the New ‘Operating System’ of Global Electronics

January 24, 2026 at 6:07 am | Uncategorized | No comment

Speaking from the sidelines of the World Economic Forum, Qualcomm CEO Cristiano Amon delivered a clear message to the world: India has emerged as a global electronics manufacturing hub. As the “China + 1” strategy transitions from a theory to a reality, India’s semiconductor and smartphone assembly sectors are recording exponential growth. Amon noted that […]

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ONGC and Mitsui OSK (MOL) Launch $370M Ethane Shipping JV

January 23, 2026 at 6:04 am | Uncategorized | No comment

Today marks a historic shift in energy logistics as India’s Oil and Natural Gas Corporation (ONGC) officially signed a 50:50 joint venture with Japan’s Mitsui O.S.K. Lines (MOL). The partnership, registered in Gift City, involves a combined investment of approximately $370 million to build and operate two “Very Large Ethane Carriers” (VLECs). These Indian-flagged vessels […]

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Sri Lanka and Maersk: Deepening Ties at the Davos Summit

January 21, 2026 at 6:03 am | Uncategorized | No comment

In a major diplomatic move, Sri Lankan Prime Minister Dr. Harini Amarasuriya met with Robert M. Uggla, Chairman of A.P. Moller–Maersk, during the World Economic Forum in Davos this week. The meeting centered on a single, powerful goal: “Policy Certainty.” As Maersk looks to further integrate its global network, Sri Lanka is being positioned as […]

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Davos 2026: CEOs Pivot to ‘Internal Levers’ Amid Global Uncertainty

January 19, 2026 at 5:55 am | Uncategorized | No comment

At the World Economic Forum in Davos, a striking contrast has emerged between global economic sentiment and corporate confidence. The EY-Parthenon CEO Outlook Survey, released today, reveals that while CEOs are wary of “Geopolitical Gloom,” they are surprisingly optimistic about their own companies’ growth prospects. The strategy for 2026 has shifted from “Aggressive Expansion” to […]

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UNCTAD’s 10 Defining Trends: Navigating a Fragmented 2026

January 15, 2026 at 5:38 am | Uncategorized | No comment

UNCTAD has released its pivotal “10 Trends for 2026” report, casting a long “Shade” of caution over the global economy. The headline forecast is one of “Subdued Growth,” with the global economy projected to remain at a modest 2.6%. The United States is expected to slow to 1.5%, while China is pegged at 4.6%. However, […]

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