Vallibel Finance unveils newest addition at Gampaha
Vallibel Finance PLC, the rising financial star of the dominant
Vallibel group which consists of some of the most successful companies
in the county including Royal Ceramics PLC, Hayleys PLC, Delmege Forsyth
and Co. etc., recently opened the latest addition to its fast-spreading
Venturing out in to Gampaha, the company continues to forge new
pathways in its quest to reach a wider base of customers across the
country. Carrying the expertise and skills of three prominent leaders in
banking and finance, Dhammika Perera Chairman, Sampath Bank, Nimal
Perera Chairman, PABC Bank and Sumith Adhihetty (Managing Director-LB
Finance), Vallibel Finance stands out as a rising force in the corporate
sphere. Addressing the gathering at the ceremonial opening, Managing
Director of Vallibel Finance Jayantha Rangamuwa spoke of the company
policy of enhancing its regional branch network; "As a truly Sri Lankan
enterprise, we place a lot of importance on increasing the number of
regional branches. With this view, we are systematically implementing
our expansion strategy by deploying our services through an increasing
number of branches and service centres across the country", he said.
The dawn of 2012 saw Vallibel Finance taking operations to Negombo
city, while a number of new additions are slated to follow the Gampaha
"Vallibel Finance as well as the parent group sees Gampaha as a town
with immense business potential", said Dhammika Perera, the visionary
entrepreneur steering the group ship as its Chairman, "Initially known
for its agro produce and sporting skills, the people of Gampaha now form
a community of individual and SME investors requiring the essential
financial services Vallibel Finance can offer".
The strong Vallibel Finance portfolio on offer includes Leasing, Hire
Purchase and Fixed Deposits, primarily, while also deploying
microfinance and power drafts for entrepreneurs. Customers can now visit
the Service Centre at Yakkala Road, Gampaha.
ONGC - Cairn Joint venture reaches major milestone
The ONGC-Cairn Joint Venture has reached a major milestone of
achieving 175,000 barrels of oil per day production from Rajasthan.
Rahul Dhir, Managing Director and Chief Executive Officer, Cairn
India said, "The ONGC-Cairn Joint Venture has reached a major milestone
of achieving 175,000 barrels of oil per day production from Rajasthan
"Positive results of the EOR pilot, re-evaluation of the exploration
potential in Rajasthan along with the discovered resource support a
basin production potential of 300,000 bopd.
"We continue to add value and to contribute to our nation's energy
security. Last year, we have reduced oil imports by US $ 6 billion and
have contributed US $ 2.4 billion to the national exchequer."
Link Natural Products breaks new ground in training
Link Natural Products held a convocation for its new batch of Sales
Representatives on March 23, at its factory complex in Dompe, after a
rigorous training programme that kept them in residence for over 3
The ceremony was attended by parents, who enjoyed the day, learning
what their sons were doing during the training. This was a multi faceted
programme in turning out new and energetic personalities to handle a
challenging job. Explaining the reasons for such a strenuous training
programme, HRM Strategist, Janaka Kumarasinghe said, "It is not that
uncommon for many industries and companies to face a shortage of
competent people. Construction, IT, hospitality, plantation, health care
and many other sectors are affected by this shortage and their growth is
challenged due to that."
The profession of sales is also a starving of human resources, said
Today young people have a wider choice. To further study, join BPO
jobs, customer care jobs and many other vocations and professions.
Joining a sales career and developing themselves has become a lesser
priority for youngsters, unlike few decades ago. "Even Link Natural was
no exception when it came to sales force recruitment but they have
decided to act out of the box." observed Kumarasinghe, referring to the
"This is a unique program which many companies are thinking of
implementing, but only Link Natural could get it off the ground," said
Dinesh Angammana, National Sales Manager, Link Natural Products,
addressing the parents and company participants at the convocation
ceremony after the Sales Competency Development Programme.
Representing remote parts of Sri Lanka, 20 youth participated in this
3-month residential training programme conducted by the company known
for its national iconic brands such as Samahan and Sudantha.
Participants at this programme were from Embilipitiya, Polonnaruwa,
Monaragala, Hambantota, Matara, Dickwella and Kuliyapitiya.
A brain child of Dr. Devapriya Nugawela the Chairman of Link Natural
Products, training included developing endurance of participants,
English language competencies, selling skills, product and process
knowledge and other soft skills.
Singer Homes opens in Kadawatha
Asoka Peiris, Group CEO – Singer Sri Lanka, Premalal De
Silva, Director Operations, and Dhammika Guruge, Sales
Manager – Modern Trade is shown cutting the ribbon and
opening the new Singer Homes showroom at Kadawatha.
'Singer Homes recently opened a new showroom at Kadawatha. The new
branch, located at Kandy Road, Kadawatha, is a strategically located
two-storey air-conditioned building that will give customers in the area
a unique shopping experience as a wide range of sofa's and Living room
suites, Bedroom suites, Dinning room suites, Pantry cupboards,
Wardrobes, Children's Furniture and many more products will be on
The opening of this new branch is another addition to Singer's branch
network. It is also proof of the organization's commitment to reaching
out to Sri Lankans throughout the island and encouraging them to improve