News & market updates

The Sri Lanka Retailers’ Association held its 9th AGM on 23 June 2026 and elected Infiyaz M. Ali (Director, Healthguard Pharmacy Ltd) as President, with Mahesh Wijewardena (Group CEO, Singer (Sri Lanka) PLC) as Senior Vice President and Kumar De Silva (CEO, SPAR SL) as Vice President. The AGM adopted the 2025/26 annual report and previewed the Sri Lanka Retail Forum 2026.

Colombo market rebounded as the ASPI rose 0.67% to 21,547.17 with net foreign inflows of Rs. 22.6 million. Gains were led by selected blue-chip counters and heavy turnover in capital goods and food & beverage names, with notable moves in DIAL, BREW, CCS, ABAN and JKH.

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.

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.

Abans Group Director Dr. Saroshi Dubash received the 'Visionary Leadership in Organizational Excellence' award at the 15th Top 50 Professional & Career Women Global Awards on 9 October 2025.

Abans Electricals MD Dr. Saroshi Dubash was honoured with the 'Sri Lanka Woman Leader' award at the World Women Leadership Congress & Awards on 10 September. The piece highlights her leadership across Abans, early e-commerce and digitisation initiatives, and the development of a sustainable Abans Logistics centre.

Dividend · Rs 15.00 · XD Sep 26, 2025

Final dividend of LKR 15/share; XD 2025-09-26; record 2025-09-28; payable 2025-10-16; FY 2024/2025

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.

Richwin Plaza was named Best Mobile Phone Seller of the Year and Richwin Investment and Credit was named Best Emerging Micro Finance Company at the Iconic Awards 2024; awards were received at a ceremony at BMICH in Colombo.

Uber Eats launched the 'Get Almost, Almost Anything' campaign in Sri Lanka to expand delivery beyond food to groceries, beauty, pet care, electronics and home appliances. The wider range could create an additional sales/delivery channel for local consumer retailers such as Singer and Abans.

Uber Eats launched the 'Get Almost, Almost Anything' campaign in Sri Lanka to expand deliveries beyond food to include groceries, beauty, pet care and electronics. The move broadens on-demand delivery options and raises competitive pressure on local appliance and electronics retailers.

Dividend · Rs 10.00 · XD Sep 26, 2024

First And Final dividend of LKR 10/share; XD 2024-09-26; record 2024-09-26; payable 2024-10-15; FY 2023/2024