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David Pieris opens first-ever multi-user logistics facility in North

February 02, 2026

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Daily FT

DAVID Pieris Logistics Ltd., (formerly D P Logistics Ltd), the logistics arm of the David Pieris Group of Companies, officially inaugurated Jaffna’s first-ever purpose-built, multi-user logistics facility, marking a significant milestone in the development of modern logistics infrastructure in Sri Lanka’s Northern Province.

David Pieris opens first-ever multi-user logistics facility in North

The North's first state-of-the-art multi-purpose logistics warehouse

Located at No. 202/01, Kadduvan-Myliddy Road, Myliddy South, Kankesanthurai, Jaffna, in close proximity to the Palaly International Airport, the newly established facility is the first modern, professionally managed multi-user warehouse developed in Jaffna and the Northern Region. The investment represents David Pieris Logistics’ first major logistics infrastructure development in Northern Sri Lanka, reinforcing long-term private sector confidence in the region’s post-conflict economic resurgence.

Designed as a scalable, multi-user third-party logistics (3PL) hub, the facility is equipped to support a wide range of industries including FMCG, retail, agriculture and manufacturing. It offers a comprehensive suite of services encompassing warehousing, storage, material handling, value-added services and regional distribution enabling businesses of varying scales to access reliable, cost-efficient logistics solutions.

المزيد من القصص من Daily FT

Daily FT

Daily FT

Sri Lanka issues first Digital Nomad Visa

SRI Lanka marked a milestone in its tourism and digital economy journey on Thursday (26) with the ceremonial issuance of its first Digital Nomad Visa (DNV), officially welcoming Ukrainian national Darya Gordiyenko and her spouse Yaroslav Kovalchuk to the island.

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Sri Lanka and Finland sign MoU on political consultation mechanism

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Cabinet approves establishing National Housing Operational Committee to address homelessness

THE Cabinet of Ministers on Monday approved the establishment of a National Housing Operational Committee to coordinate and strengthen the country’s housing programs, following findings from the 2024 Population and Housing Census that highlighted a significant number of homeless individuals across Sri Lanka.

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February 28, 2026

Daily FT

Negative start for apparel exports

Apparel exports slip 2.66% in January, UK market remains stable with marginal increase

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CSE wraps up February in red

THE Colombo stock market turned red to conclude February, with indices closing on a negative note yesterday, though turnover was healthy.

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1 mins

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Construction sector surges to second highest PMI in January

SRI Lanka's construction activity accelerated sharply at the start of 2026, with the Purchasing Managers’ Index (PMI – Construction) hitting 75 in January, marking the sector’s second-highest performance ever and signaling robust growth momentum.

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Solo Bowl introduces its first dine-in experience in Colombo

SOLO Bowl has unveiled its first-ever dine-in outlet, marking a significant milestone in the brand's growth journey.

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1 min

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Daily FT

Union Bank hits Rs. 2.2 b PBT and doubles bottom line in 2025

UNION Bank yesterday announced a milestone financial performance for the FY2025, emerging as one of the fastest-growing banks in the country complemented by a standout bottom-line performance with the group Profit Before All Taxes reaching Rs. 2.2 billion and doubling its Profit After Tax (PAT) to Rs. 660 million highlighting the success of its strategic transformation plans.

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1 mins

February 28, 2026

Daily FT

Sri Lanka nears final stage of enabling PayPal inward remittances: Official

SRI Lanka has entered the final stage of enabling inward remittances through PayPal, marking a significant step toward modernising the country’s digital payment ecosystem.

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1 min

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Over 70 companies to showcase Sri Lanka tourism potential at ITB Berlin 2026

SRI Lanka Tourism Promotion Bureau (SLTPB) will be kicking off its exclusive promotional activities at the ITB 2026, scheduled to be held in Messe, Berlin.

time to read

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February 28, 2026

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