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SINGER gets its timing and context right for the launch of Honor smartphone brand in Sri Lanka

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The Honor X Series

Singer CEO confident rebounding economic data will pave the way for better sales

By Sanath Nanayakkare

Singer PLC has picked the right moment in terms of trending economic indicators and consumer sentiment for the launch of the world-renowned, premium Honor smartphone brand in Sri Lanka.

“We are thrilled to partner with Honor and introduce the brand to our customers,” said Mahesh Wijewardene, CEO of Singer Sri Lanka PLC. “We know that the brand’s cutting-edge features and affordable prices will provide Sri Lankan consumers with a unique mobile experience. Honor has great potential in the Sri Lankan market and we are excited to help make it a success,” he said.

Mahesh Wijewardene, CEO,Singer Group of Companies

Speaking further, Singer CEO said,” The economic rebounding in progress and the positive market sentiment will definitely help for a pickup in the business landscape. So, the timing is perfect for Honor Premium Smartphone brand to enter the market and aggressively establish its presence with the backing of a strong partner like Singer that enjoys high corporate stature, stability, customer reliability and very strong marketing capabilities. Further, Honor will be formidably backed by Hayleys Group, the No. 1-rated conglomerate in Sri Lanka. In fact, three parties are going to win as a result of this tie-up. Firstly, it will be a win for the two companies, Honor and Singer. Secondly, it will be a win for the distributors, dealers and retailers. Thirdly and more importantly, it will be a win for the ultimate consumer. Therefore, this tie-up encapsulates a significant win-win-win outcome of mutual benefit for these three parties.”

Speaking to The Island Financial Review, he said “With the easing of the US dollar parity and liquidity, the coming down of the cost of essential commodities such as LP gas, fuel, vegetable prices etc., there will be some feel-good factor on the consumers. Consumers had been pressed to the bottom and now some relaxation of that condition is being felt on them. So, people may feel that they can buy something of absolute necessity although their income levels haven’t improved yet. I feel that the future will be much better than what we experienced in the past six months. Hopefully, such recent developments could drive more economic activity and build more consumer confidence going forward. Honor offers an unbeatable combination of quality and affordability that will resonate with the Sri Lankan market, especially in these challenging times,” he noted.

Emerging as the No. 1 Android smartphone in China, Honor is well-renowned in the global smartphone market and is one of the fastest-growing mobile brands in the world. The brand’s strengths lie in its commitment to innovation and customer satisfaction and the smartphones are known for their exceptional camera quality, battery life, and overall performance. Moreover, Honor has more than 8,500 global patent applications and employs a workforce of over 13,000 people, over 60% of whom are dedicated to Research and Development.

“We are excited to make our mark in the Sri Lankan market with Singer Sri Lanka. At Honor, we pride ourselves on delivering innovative products at an affordable price point, and we believe that our partnership with Singer will enable us to bring this ethos to Sri Lankan customers,” said Lang Guo, Country Director of Thailand, Vietnam, Australia, Sri Lanka and Bangladesh, Honor.



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Indian business leader urges SL entrepreneurs to tap into India’s rapidly expanding consumer market

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T. Krishnakumar, Chief Executive Officer of Reliance Consumer Products Ltd (RCPL)

By Sanath Nanayakkare

Speaking at the Sri Lanka Economic and Investment Summit 2026, T. Krishnakumar, Chief Executive Officer of Reliance Consumer Products Ltd (RCPL), emphasised that local enterprises can unlock substantial economic benefits by strategically aligning with India’s booming consumer base.

Addressing business leaders and policymakers at the Shangri-La Hotel in Colombo, Krishnakumar highlighted that geographical proximity and rich cultural ties provide a natural foundation for deeper commercial collaboration.

He noted that instead of viewing bilateral trade narrowly, regional partnerships should act as conduits to build robust, scalable enterprises capable of plugging into wide-reaching regional value chains.

“For Sri Lankan exporters dealing in traditional staples as well as value-added goods, accessing India’s rising middle class presents a phenomenal growth window,” he said.

Drawing insights from Reliance Consumer Products’ rapid expansion – which scaled efficiently to thousands of employees and multi-billion-dollar metrics – Krishnakumar stressed that modern corporate success relies on disciplined execution, localised consumer understanding, and smart technology integration.

Furthermore, he underscored that while rapid growth is critical, businesses must consistently anchor their models in affordability and consumer trust.

Concluding his address at the summit, the RCPL chief noted that pairing regional trade integration with resilient business practices and predictable regulatory frameworks will be vital as Sri Lanka transitions firmly toward accelerated economic development.

Addressing the Summit during a subsequent fireside chat, President Anura Kumara Dissanayake underscored that a core concern currently being targeted by the government is developing a critical mass of local entrepreneurs equipped to engage with international enterprise counterparts.

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SriLankan Airlines wins prestigious SATA 2026 Visitors’ Choice Award for Leading International Airline

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SriLankan Airlines has once again been honoured with the prestigious Visitors’ Choice Award for Leading International Airline at the South Asian Travel Awards (SATA) 2026, reaffirming its continued recognition in the regional travel and tourism industry. The airline, which has received this award in previous years, was the only international airline to be recognised in this category at this year’s event. The 10th anniversary edition of the awards ceremony was held earlier this month at Hotel Barcelo Nasandhura in Male, Maldives.

Recognised as one of the key events on the Maldivian tourism and travel industry calendar, SATA celebrated its 10th anniversary on a grand scale, bringing together prominent industry stakeholders, including Government Ministers, distinguished dignitaries, diplomats and senior representatives from leading airlines and their respective head offices.

Commenting on the achievement, Dimuthu Tennakoon, Head of Commercial, SriLankan Airlines, stated, “We are honoured to receive this recognition at the South Asian Travel Awards 2026. Being named the Leading International Airline in the Visitors’ Choice Awards once again is a meaningful acknowledgement of our commitment to serving our passengers and strengthening our presence in the region. This award inspires us to continue enhancing the travel experience we offer and to build stronger connections with the markets and communities we serve.”

Complementing its commitment to service excellence, SriLankan Airlines offers an extensive flight network with convenient connections to destinations across the globe. In South Asia, the airline operates nearly 130 flights each week to 15 destinations across India, Pakistan, the Maldives, Nepal, and Bangladesh. With schedules thoughtfully designed to suit the needs of travellers, SriLankan Airlines provides seamless connectivity for those visiting Colombo for business or leisure, as well as passengers travelling onwards to destinations worldwide.

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JXG enters LMD’s Most Respected Entities in Sri Lanka 2026 for the first time, securing a place among the first 50

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Gamika de Silva, Group Chief Marketing Officer at JXG

JXG (Janashakthi Group), Sri Lanka’s leading financial conglomerate, has been ranked 44th in LMD’s Most Respected Entities in Sri Lanka 2026, marking the Group’s first appearance in the prestigious listing. The recognition places JXG among Sri Lanka’s most respected companies and marks an important milestone in the Group’s master-brand journey.

As the holding company, JXG was also recognised across key attributes including Aspirational Workplace, Business Expansion, Business Innovation, Corporate Culture, Corporate Dynamism, Crisis Management, Employee Wellbeing, Honesty and Integrity, and Leadership Profile. The recognition reflects the growing strength of the JXG brand and the collective contribution of its businesses and people in building trust and confidence among its stakeholders.

JXG’s subsidiaries, including Janashakthi Life and First Capital, have also been recognised in the main table of LMD’s Most Respected Entities 2026 rankings, while Janashakthi Finance has been recognised under the Business Expansion attribute, reflecting the strength of the Group’s individual businesses alongside its growing master brand.

Conceptualised and commissioned by LMD and conducted by PepperCube Research Consultants, the Most Respected Entities special edition recognises companies based on an independent survey of Sri Lanka’s business community.

Commenting on the recognition, Gamika de Silva, Group Chief Marketing Officer at JXG, said, “This is a proud moment for all of us at JXG. We set out to build a Group brand that is not just seen but lived by our people and reflected in everything we do. Ultimately, the true testament to any brand lies in its people, and the credit for this recognition goes to everyone across JXG who brings our values to life every day. This recognition is an encouraging milestone for us, while also reminding us to keep raising the bar and earning the respect of our stakeholders through what we do.”

JXG’s approach to building trust is anchored in its core values of Integrity, Collaboration, Respect, Performance Driven and Innovation. These values guide how its businesses operate, how its people engage with one another and how the Group serves its customers and wider stakeholders.

As JXG continues to expand its businesses, the Group remains focused on strengthening its market presence, creating long-term value and contributing to the growth of Sri Lanka’s financial services sector, guided by its purpose, Breaking Barriers, Forging Futures.

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