News & market updates

Singer Sri Lanka PLC launched the HONOR Magic V5 foldable flagship, priced at Rs. 599,000 and available now through Singer showrooms, authorized resellers and online. The device features a 4.2 mm unfolded thickness, 217g weight, dual HDR displays (5000 nits) and AI-driven split-screen functionality.

Singer Sri Lanka (SINS.N0000) has opened pre-orders for Apple’s iPhone 17 series from 10 Oct 2025 ahead of the official launch on 22 Oct 2025, offering models across the lineup with payment plans and nationwide availability.

Samsung Sri Lanka launched the 'Go Save Today' Carnival with discounts on TVs, refrigerators, washers and ACs (e.g., 55” TV LKR 279,999; 253L fridge LKR 149,999), available through authorised distributors including Singer and Softlogic.

Seylan Bank launched 'Seylan Offer Rush', a card promotion running 20 Sep–31 Oct 2025 offering discounts up to 50% and 0% instalment plans up to 36 months (on transactions above Rs.100,000, max Rs.3,000,000). Participating merchants include Softlogic Brands, Singer and major hotels (Cinnamon, Hilton, Shangri‑La) for dining and retail deals.

The Sri Lanka Retail Forum 2025 ('Retail Reimagined — Where AI Meets the Human Edge') will be held on 23 Oct 2025 in Colombo, bringing 450+ retail and tech leaders; sponsors include John Keells CG Auto and Singer, DIMO is logistics sponsor, and Dialog Axiata is represented among speakers.

Samsung launched the Bespoke AI Washer Dryer (WD12D) in Sri Lanka, priced at Rs.229,999 and available island-wide through distributors including Singer and Softlogic. The 12kg wash/7kg dry unit features AI, SmartThings integration and space-saving two-in-one design.

Dividend · Rs 0.36 · XD Oct 10, 2025

Second Interim dividend of LKR 0.36/share; XD 2025-10-10; record 2025-10-12; payable 2025-10-24; FY 2025/26

Singer Sri Lanka PLC launched Huawei’s latest smart wearables and tablets (Watch Fit 4, Band 10, FreeBuds SE2, MatePad SE11) across its island-wide retail outlets and authorised distribution partners. Flexible, affordable payment plans are being offered to customers.

Colombo Stock Exchange closed higher: ASPI +0.91% at 20,965 and S&P SL20 +1.16% at 5,971, with turnover Rs6.86bn led by diversified financials, banks and capital goods. Top contributors included Nations Trust Bank, DFCC, John Keells, Singer and Melstacorp; First Capital Treasuries declared a Rs5 dividend and Acme announced a six‑for‑one rights issue.

Colombo stocks rose for a second session as the ASPI gained 0.76% (156.05 pts) to 20,775.42 on turnover of Rs. 6.61bn, with foreigners net selling Rs. 580m. Commercial Bank, Hemas and Melstacorp were top positive contributors while Alumex posted a strong gain and Sierra Cables declined.

Colombo Stock Exchange closed higher: ASPI +0.76% to 20,775 and S&P SL20 +0.59% to 5,903, with turnover Rs6.61bn driven by materials (Rs1.12bn) and capital goods (Rs1.68bn). Alumex was heavily traded and ACL Cables, which announced an interim dividend of Rs1.50, also rose.

Samsung launched Samsung Vision AI across its 2025 TV lineup (Neo QLED, OLED, QLED, The Frame) and the range is available in Sri Lanka at Singer with the QLED starting price of Rs.374,999. Features include on-device AI picture/sound optimization and Microsoft Copilot integration.

Singer Sri Lanka (SINS.N0000) has launched the ASUS Gaming V16 laptop in partnership with ASUS, available exclusively via Singer Mega and Singer Plus stores and online from LKR 389,990. The product will be sold through Singer’s nationwide retail and after-sales network with flexible payment options.

Ogilvy Digital's campaign for Singer Sri Lanka, 'Take a Load Off Her Head', won a Silver Award at Dragons of Sri Lanka 2025 and is credited with helping Singer reclaim market leadership and expand household penetration. Ogilvy also won awards for campaigns for SriLankan Airlines and Maliban.

Colombo market rebounded as the ASPI rose 38 points (+0.2%) and S&P SL20 gained 6 points (+0.1%), with turnover up to Rs.5.1 billion led by Teejay Lanka, Sierra Cables and Sampath Bank. Construction and banking stocks led gains; DFCC, SAMP and DIAL were top index movers and foreigners net bought Rs.56.1m.

Daraz Sri Lanka will run its 8.8 Brand Prix Sale from 8–15 Aug with over 18,000 deals, brand launches and bank payment discounts (up to 15%) and Daraz vouchers (up to 9%) to drive consumer purchases. Major FMCG and electronics brands, plus partner banks, are participating.

Daraz Sri Lanka is running the 8.8 Brand Prix Sale from 8–15 Aug with over 18,000 deals, bank partner discounts (Commercial, DFCC, HNB, NTB, Sampath) and brand participants including Singer, plus exclusive launches and vouchers across Daraz Mall.

Sri Lanka's ASPI rose 0.44% (86.80 pts) to 19,804.80 as buying returned after a two-day slide. Buying interest supported John Keells (flat), CIC (up to 142.50), Singer (up to 67.90) and gains in Melstacorp, Carson Cumberbatch, Co-operative Insurance and PGP Glass; turnover rose to 4.4 billion rupees.

Singer Sri Lanka (SINS.N0000) was appointed SpaceX's authorized Starlink retailer in Sri Lanka, with hardware starting at LKR 69,000 available for preorder online and in Singer outlets. Singer is part of the Hayleys Group (HAYL.N0000).

Singer Sri Lanka has been appointed SpaceX's authorised Starlink retailer in Sri Lanka, offering Starlink hardware from Rs. 69,000 through Singer outlets and online with islandwide delivery and after-sales support. Hayleys Group (Singer's parent) said the partnership advances national digital connectivity.

Singer (Sri Lanka) PLC has been appointed the official distributor for Elon Musk’s Starlink satellite internet service in Sri Lanka. Singer is 67.13% owned by Hayleys PLC, which is 51.01% held by Dhammika Perera.

Colombo market closed a healthy week: ASPI +2.3%, S&P SL20 +3.1%, average daily turnover Rs.9.88bn and net foreign inflow Rs.373.9m. Key contributors included Central Finance, Hayleys, John Keells, Sampath and Singer; John Keells rose to Rs.25.50 while HNB fell to Rs.358.50 and Seylan (non-voting) rose to Rs.66.30.

Singer Sri Lanka PLC launched two exclusive HONOR 5G smartphones — the Honor 200 Smart 5G (Rs. 69,999) and Honor X9C Smart 5G (Rs. 99,999) — reinforcing its position as a leading gateway for 5G devices in Sri Lanka. The retailer also offers a broad 5G range via its nationwide stores and online.

Singer Sri Lanka PLC launched the Piaggio Apé E City electric three-wheeler at the Colombo EV Motor Show 2025, offering a certified range of 145 km + 5 km and ~3h30m charging time. Singer, as exclusive distributor, also announced flexible financing, island-wide after-sales service and spare-parts access.

Dividend · Rs 0.32 · XD Jul 11, 2025

First Interim dividend of LKR 0.32/share; XD 2025-07-11; record 2025-07-13; payable 2025-07-24; FY 2025/2026

Singer Sri Lanka PLC launched the HONOR 400 and HONOR 400 Pro in Sri Lanka, priced at LKR 149,999 and LKR 199,999, and will sell them via Singer showrooms, authorized dealers and online.

The Sri Lanka Retailers’ Association held its 8th AGM on June 25 and appointed Infiyaz Ali as President for 2025–26, with Charitha Subasinghe handing over. The new council includes executives from John Keells Holdings, Abans and Singer Sri Lanka, and SLRA will host the Sri Lanka Retail Forum 2025 on AI and digital transformation.

Colombo market closed the week with the ASPI up 4.6% (closed 17,873, +132pts) and daily turnover Rs.5.12bn; CTHR, JKH, SAMP, HNB and CDB were among top contributors, capital goods and diversified financials led turnover while foreign investors were net sellers of Rs.441.5m.

Singer Sri Lanka PLC launched the HONOR 400 and HONOR 400 Pro smartphones, priced at Rs.149,999 and Rs.199,999, available at Singer showrooms, authorised dealers and online. The devices feature AI-driven imaging and flagship-tier hardware and were unveiled at a consumer event.