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SINGER wins 18th consecutive ‘People’s Brand of the Year’ Award at SLIM-KANTAR PEOPLE’S AWARDS

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The Singer Sri Lanka team, as they clinch the 'People's Brand of the Year' Award at SLIM-KANTAR PEOPLE’S AWARDS 2024

Singer Sri Lanka PLC, the nation’s foremost retailer of consumer durables, proudly extends its streak of success by clinching the prestigious ‘People’s Brand of the Year’ Award for the 18th consecutive year at the SLIM-KANTAR People’s Awards 2024, along with the ‘People’s Durables

Brand of the Year’ Award at the ceremony, hosted by the Sri Lanka Institute of Marketing (SLIM). This remarkable feat reaffirms Singer’s supremacy in the consumer durables sector and its unwavering popularity across Sri Lanka.

Expressing gratitude for the esteemed recognition, Janmesh Antony, Marketing Director of Singer Sri Lanka PLC, remarked, “We are deeply honoured to receive the SLIM Kantar People’s Brand of the Year award for the 18th consecutive year. This recognition is a testament to Singer Sri Lanka’s unwavering commitment to quality, innovation, and customer satisfaction. We are grateful to our loyal customers who have placed their trust in us year after year. This award is not just for Singer Sri Lanka, but also for every Sri Lankan who has been a part of our journey. We look forward to continuing to serve our customers with the same dedication and passion that has brought us this far. Thank you for making Singer Sri Lanka your brand of choice.”

Mahesh Wijewardene, Group Chief Executive Officer of Singer Sri Lanka PLC, added, “Our heartfelt appreciation goes out to our loyal customers, as this accolade stands as a testament to their unwavering trust in us. Achieving our 18th consecutive ‘People’s Brand of the Year’ Award is a momentous honour. It underscores the dedication and diligence of all our employees, who have diligently worked to position Singer as a premier retail destination, meeting the evolving needs of our esteemed clientele. This accomplishment emphasizes Singer’s enduring commitment to prioritizing our customers, consistently placing them at the forefront of our endeavours, irrespective of circumstances.”

Furthermore, Mohan Pandithage, Chairman of Singer Sri Lanka PLC, expressed his heartfelt appreciation and pride in this rare achievement. He stated, “I am incredibly proud of our employees’ dedication and commitment, which have led to this remarkable milestone. Winning the ‘People’s Brand of the Year’ Award for the 18th consecutive year is a testament to our unwavering focus on excellence and customer satisfaction. I extend my sincere gratitude to our loyal customers for their continued support and trust in Singer. Together, we will continue to strive for excellence and uphold Singer’s legacy as the people’s brand in Sri Lanka.”

Throughout its illustrious journey, Singer has continuously enhanced its brand proposition, transitioning from a legacy of excellence to embodying ‘Home at our Heart’ in all endeavours in the future. This guiding principle propels Singer’s present achievements and future expansion, as it endeavours to broaden its product portfolio and service offerings, aimed at enriching the lives of its valued customers.



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Sri Lanka, India caught in US-Iran ship crisis

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By Shamindra Ferdinando

Iran has sought the Indian intervention, at the highest level, to provide lifesaving support to the crews of empty Iranian vessels stranded just outside Sri Lanka’s 12-nautical mile territorial waters off Galle.

Sources familiar with the issue said that Iran had brought the developing situation to the attention of New Delhi as the crews of almost 20 vessels, included Indian nationals. Sources stressed that the group of vessels that unloaded crude oil a couple of months back were now stranded within Sri Lanka’s Exclusive Economic Zone (EEZ).

The US Navy torpedoed an unarmed Iran frigate, returning from India, on 04 March, 2026, about 19 nautical miles off the Galle coast. The unprovoked attack killed nearly 100 Iranians.

The Iranian Embassy in Colombo has inquired from the Indian High Commission of their response to the situation, sources said. The US has issued a global warning against providing food, water, medicine and other services to the Iranian vessels. The outcome of Iran-India talks on the issue at hand was not known, though sources asserted India may not throw its weight behind Iranian efforts to address the issue.

Responding to The Island queries, sources said both Sri Lanka and India were in a dilemma due to the US warning. India couldn’t ignore the plight of the Indian crew members and the Iranian vessels in its backyard.

The Sri Lankan government remains tight-lipped about the vessels stranded in its EEZ. Our efforts to elicit a response from relevant authorities were in vain. In addition to Indians, there are Bangladeshis among the crew members. Iran has explicitly stated the responsibilities of the countries concerned to provide assistance in terms of international law.

The Iranian position was articulated by its Ambassador to Sri Lanka, Dr.Alireza Delkhosh, recently. In a special statement, Ambassador Delkhosh emphasised that in terms of the Convention on the Law of the Sea (Article 98) as well as SOLAS and SAR

Conventions, Sri Lanka couldn’t refrain from providing the needs of the Iranian vessels stranded in its EEZ.

SLMC leader Rauff Hakeem lambasted the NPP government in Parliament for failing to provide assistance to the Iranian ships. The former Minister alleged that the government was simply carrying out dictates of the US. He strongly criticised the way Foreign Minister Vijitha Herath was handling the issue.

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Namal further remanded

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MP Namal Rajapaksa being brought to the Colombo Magistrate’s Court yesterday. Pic by Nishan S Priyantha

MP Namal Rajapaksa, who is in remand custody over the controversial Airbus deal, was further remanded until October 27 by the Colombo Magistrate’s Court yesterday (13).

Colombo Chief Magistrate Asanga S. Bodaragama made the order after considering submissions by officers of the Commission to Investigate Allegations of Bribery or Corruption and lawyers representing Rajapaksa.

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IMF projects Lankan economic growth to moderate amidst mounting global uncertainties

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Sri Lanka’s economy is expected to sustain its recovery over the next two years, although growth is projected to moderate amid mounting global uncertainties, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.

In its World Economic Outlook 2026: Resilience Under Strain, Urgent Choices, the IMF projects Sri Lanka’s economy to expand by 4% in 2026, slowing to 3.7% in 2027, following estimated growth of 5% in 2025.

Inflation, meanwhile, is forecast to rise to 5.3% in 2026 and 5.4% in 2027, reversing the average deflation rate of 0.5% recorded in 2025.

Unemployment is expected to remain steady at 3.9% throughout the forecast period.

The projections come amid growing pressure on the global economy from the ongoing conflict in the Middle East, elevated energy prices, geopolitical tensions and trade disruptions.

Sri Lanka’s external position is also expected to weaken, with the current account balance projected to shift from a surplus of 1.6% of gross domestic product (GDP) in 2025 to deficits of 0.5% in 2026 and 0.3% in 2027.

The IMF’s outlook points to continued economic expansion in Sri Lanka, but with slower growth, rising inflation and a narrowing external surplus giving way to current account deficits over the forecast period.

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