News & market updates

Samsung Sri Lanka launched two Double Door Inverter No Frost refrigerators (RT40H28WNQIG 253L at MRP LKR 159,999; RT40H30WNPIG 275L at MRP LKR 189,999) and a 12,000 BTU Twin Inverter AC (AR50H12D1JH/IG at MRP LKR 209,999) on 1 March 2026. The lineup — featuring SmartThings Wi‑Fi and energy-saving inverter tech — is sold island‑wide via authorised distributors including Singer and Softlogic, with 0% installment options.

Singer (Sri Lanka) PLC launched the 'Singer Pace Hunt with Lasith Malinga' national fast-bowling talent search, receiving over 3,000 applications and shortlisting 350 for initial trials. The programme will mentor selected players under Malinga and the top 20 may be recommended to the Sri Lanka Cricket Fast Bowling Academy.

ASPI fell 1.63% to 21,998.12 as Middle East tensions and higher oil prices weighed on the Colombo market. S&P SL20 dropped 1.71% to 6,172.28 with broad declines led by JKH, HNB, MELS, HAYL and SAMP; turnover topped Rs.4.1bn and foreigners were net buyers of Rs.32.2m.

Colombo market rebounded as the ASPI rose 2.17% (474.38 pts) to 22,378.52 after global oil prices fell below $95/bbl, with gains led by banks and blue-chips including HNB, SAMP, COMB and DIAL and turnover of about Rs.4.48bn.

Singer’s “Take the Load Off Her Head” campaign won a Bronze Effie in the Home Furnishings & Appliances category via Ogilvy Digital. Ogilvy Group overall secured six metals at the 2025 SLIM Effie Awards for campaigns linked to sustainability and tourism.

Samsung Sri Lanka launches the 'Wowurudu' Avurudu consumer-electronics campaign from 15 Feb 2026, introducing two new double-door inverter no-frost refrigerators and a Twin Inverter WiFi air conditioner and promoting products island-wide via authorised distributors including Singer and Softlogic.

Hayleys PLC won the Gold Award for Overall Excellence in Corporate Reporting at CA Sri Lanka's TAGS Awards 2025 for the fourth consecutive year, with the Group securing 21 awards including 14 Golds. Several listed firms on the shortlist also won sector awards, including Haycarb, Kelani Valley, Singer, Dipped Products, Alumex, Talawakelle, Horana and Kingsbury.

Singer (SINS.N0000) hosted En Vogue 2026, a runway show featuring collections by 34 Diploma students, seven Advanced Diploma students and sarees by 20 students. The event highlighted the Singer Fashion Academy’s role in professional fashion education across its 52 locations and its investment in skills development.

Samsung Sri Lanka was awarded Superbrands Sri Lanka’s Choice 2025, highlighting strong consumer trust and brand leadership; the article notes Samsung’s island-wide distributor network includes Singer and Softlogic, and emphasizes its SmartThings ecosystem and payment-plan partnerships.

Singer Sri Lanka PLC has partnered with Infinity Gift Card Ltd to offer Singer e-gift vouchers on the IGC platform, allowing customers to purchase and redeem Singer gift cards online and in-store.

HUTCH’s Kahawanu Udanaya Season 3 rewarded retailers with top cash prizes of Rs.4 million, 40 gold coin redemptions and over Rs.15 million in Singer and Cargills vouchers, while 270m reward coins were reinvested into Season 4.

Singer Sri Lanka PLC has partnered with HP to sell HP’s full range of laptops and printers through Singer’s islandwide retail and after-sales network. The launch includes Intel i3/i5/i7 laptops, HP Victus gaming series, printers and flexible payment plans available in stores and online.

Samsung was awarded Superbrands Sri Lanka’s Choice 2025, reinforcing its consumer electronics leadership and benefiting its island-wide distributor partners including Singer and Softlogic, as well as payment partners such as Singer Finance and Softlogic Capital.

Singer Sri Lanka PLC (SINS.N0000) has revamped its Maharagama Service Centre with upgraded facilities, a queue management system, AI/ML-driven analytics and a Singer Care App to improve after-sales service and spare-parts access.

Singer Sri Lanka PLC has opened 'Signature by Singer', a premium home-and-living showroom at the Singer Flagship Store, One Galle Face Mall, in partnership with Malaysia's Signature Group. The space showcases kitchens, wardrobes, bedroom and bathroom solutions to expand Singer's premium home-solutions offering.

Dividend · Rs 0.31 · XD Jan 9, 2026

Third Interim dividend of LKR 0.31/share; XD 2026-01-09; record 2026-01-11; payable 2026-01-23; FY 2025/26

Singer Sri Lanka PLC opened 'Signature by Singer', a premium home-and-living showroom at the Singer Flagship Store, One Galle Face Mall, in partnership with Malaysia's Signature Group. The showroom showcases kitchens, wardrobes, bedroom and home-office solutions and is open daily.

Vikyno became the market-leading 2-wheel tractor in Sri Lanka in November 2025 with 99 units registered (up from 53 in October and 33 in September). The Vikyno is advertised online by Brown and Company and Singer Sri Lanka.

CSE ended mixed with the ASPI up 0.13% to 21,927.00 and the S&P SL20 down 0.05% to 6,011.31, on turnover of about Rs.2.56bn and foreign net selling of ~Rs.68.6m. Top positive contributors included DOCK, RICH, SAMP, JKH and CARG, while SFCL, SUN, RCL, LOLC and HHL were among decliners.

Access Engineering (AEL.N0000), Singer Sri Lanka (SINS.N0000) and Sunshine Holdings (SUN.N0000) were added to the S&P Sri Lanka 20 index effective 22 Dec 2025 (after the market close of 19 Dec 2025). The changes are from the S&P Dow Jones Indices 2025 year-end rebalance.

Starlink will provide free satellite internet in Sri Lanka to those affected by Cyclone Ditwah, extending free service to new and existing users through December 31, 2025; Singer (Sri Lanka) PLC is the authorised agent.

SLASSCOM's AI Asia Summit 2025 in Colombo launched Xavier, Sri Lanka's first locally conceived AI-driven robotics platform and drew 400+ attendees. The summit featured policymakers and industry partners (including Starlink by Singer as Connectivity Partner) highlighting AI adoption and policy direction.

Singer (Sri Lanka) PLC won the Retail Sector Award at the Best Corporate Citizen Sustainability Awards 2025. The company highlighted expanded solar integration at factories, an e-waste collection network across 400+ outlets, support for 2,800 youth entrepreneurs and adoption of SLFRS S1/S2 for sustainability reporting.

Hatton National Bank won the Best Corporate Citizen Sustainability Award 2025 at the Ceylon Chamber of Commerce awards on 19 November. Multiple shortlisted firms were recognised across categories, including Commercial Bank, Hemas, Talawakelle, Elpitiya and Kelani Valley Plantations, Dilmah, Dipped Products, Haycarb, Hayleys, DFCC, Teejay Lanka, Singer and Softlogic Life Insurance.

Hatton National Bank won the 'Best Corporate Citizen Sustainability Award 2025' at the 22nd BCCS Awards. Listed companies from the shortlist recognised at the event include Commercial Bank, Hemas, DFCC (Green Bond project), Talawakelle TE (Category B winner), Elpitiya, Kelani Valley, Dilmah, Dipped Products, Haycarb, Teejay, Hayleys, Nawaloka Hospitals, Singer and Softlogic Life Insurance.

Samsung’s SmartThings AI Home platform brings integrated appliance control and AI Energy Mode (up to 70% washing-machine energy savings) and Samsung products are available in Sri Lanka through authorized dealers including Singer and Softlogic.

Singer (Sri Lanka) PLC launched its ESG Roadmap 2030, "Progress Through Purpose," committing to renewable energy (solar) and GHG reductions, waste reduction and nationwide e-waste collection across 400+ outlets and broader social and governance initiatives aligned with Hayleys Lifecode and the SDGs.

ISMM held National Supply Chain Day 2025 on 24 October 2025, featuring technical sessions, a CEO Forum and the National Supply Chain Excellence Awards focused on innovation and resilience. Speakers from Singer (SINS.N0000), DIMO (DIMO.N0000) and Lion Brewery (LION.N0000) joined sessions on digital transformation and AI.

Sri Lanka's ASPI rose 0.27% to 22,839.53 while the S&P SL20 fell 0.13% to 6,202.71; top contributors were Ceylinco Holdings, Colombo Dockyard, Singer (Sri Lanka), Ceylon Grain Elevators and Diesel & Motor Engineering. Market turnover rose to 7.78 billion rupees and spot gold traded at $4,010.92.

The Sri Lanka Retail Forum 2025 gathered 500+ retail leaders in Colombo to highlight AI’s role in transforming retail operations and customer experience. Major sponsors and participants included John Keells, Singer and Dialog, with sessions on AI, data and retail leadership.