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CDB opens in Jaffna and Vavuniya
The Citizens Development Business Finance Ltd (CDB) recently spread
its wings to the North with two fully fledged Service Centres in Jaffna
and Vavuniya.
The CBSL Deputy Governor K.G.D.D. Dheerasinghe hands over a
three-wheeler lease document to a Jaffna customer. The CDB
GM/CEO Mahesh Nanayakkara, CBSL Director Department of
Supervision of Non Bank Financial Institutions S.S.
Rathnayake and Advisor to the President on Banking Rani
Jayamaha look on. |
Situated on Stanley Road, the Jaffna Service Centre has a staff
strength of 14 while the Vavuniya Service Centre is on Kandaswamy Kovil
Road has a staff strength of 10. Both Centres are now fully geared to
extend CDB's wide range of products and services to the people of the
North.
The Jaffna Service Centre was inaugurated by the Central Bank of Sri
Lanka Governor Ajith Nivard Cabraal. Present on the occasion were also
the CBSL Deputy Governor K.G.D.D. Dheerasinghe, the Central Bank of Sri
Lanka, Department of Supervision of Non Bank Financial Institutions
Director S.S. Rathnayake and Advisor to Director the President on
Banking, Rani Jayamaha together with the senior officials of the Central
Bank, Directors, Management and the staff of CDB.
The Central Bank Governor Ajith Nivard Cabraal said that the key to
the development of the Northern peninsula was strong lending facilities
which the community there needed to develop their livelihoods. He said
that the development of the overall Sri Lankan economy will be boosted
with the development of the northern peninsula.
As part of this expansion drive to the North, new leasing facilities
were given to entrepreneurs to support their business operations.
CDB's GM/CEO Mahesh Nanayakkara said, "Through our presence in the
Jaffna region, we are committed to supporting the business community and
the general public of the region with our innovative financial
solutions. We will also focus on fulfilling the financial needs of the
community.
The CDB has evolved as a key player in Sri Lanka's banking and
financial services industry and is currently ranked within the top seven
institutions registered under the Finance Companies Act, under which the
CDB is regulated by the Central Bank of Sri Lanka".
Delmege to distribute Sanitarium range
Delmege Distributors (Pvt) Ltd., has been appointed to distribute the
entire range of Sanitarium products in Sri Lanka. Comprising Weet Bix
and Corn Flakes in the cereals category, So Good Soy Milk in the soy
products category, and Peanut Butter in the spreads category, the
Sanitarium range is aimed at consumers who demand delicious and healthy
foods.
The Sanitarium range is brought to Sri Lanka through a strategic
partnership between Delmege and Ozific Lanka (a wholly owned subsidiary
of Ozific Marketing, Sydney). Ozific Marketing, Sydney has the marketing
rights for Sanitarium in Fiji, Samoa, India and Sri Lanka. "We decided
to appoint Delmege Distributors to market Sanitarium in Sri Lanka due to
Delmege's strength in FMCG distribution within the traditional trade,
modern trade and food service channel" said Ozific Marketing, Sydney
Managing Director, Sundip Patel.
"We are happy to be associated with C.J. Patel and Co. Ltd. of Fiji
and Sanitarium of Australia to make these product offerings accessible
to the Sri Lankan consumer," said Delmege Distributors (Pvt) Ltd., CEO,
Dinesh Nalliah.
IPM launches UK degree program
The Institute of Personnel Management (IPM) launched the IPM/Northumbria
University-UK degree program in Sri Lanka. IPM takes the necessary
measures to develop HR Professionals to compete with the current
challenging business environment. Its strategic partnership with
Northumbria University will benefit Sri Lankan students who were looking
for an option to get an international recognition.
British Council Sri Lanka Director, Gill Westaway handing
over the Letter of Recognition to IPM President Lalith
Wijetunge. Past President IPM Jayantha Jayarathne, IPM Hony.
Secretary Dhammika Fernando and BMS President W. A.
Wijewardana look on. |
IPM launched B.A. (Hons) Leadership and Management degree pathway
last week, with the participation of British Council Sri Lanka Country
Director Gill Westaway.
Through this partnership IPM will launch a degree pathway for all
PQHRM and NDHRM passed finalists in their professional/academic career.
There are two specific pathways that students can follow in order to
qualify themselves to become Professionals in HR and other streams.
One is the path created for those who have already completed the
Professional Qualification in Human Resource Management Stage I and II.
They will get exemptions from years I and II of the Degree BA (Hons.)
from Northumbria, and will go onto the final year.
The other path is for those students who have completed local A/Ls
and London A/Ls, and who opt for studying full time. They will have to
take the qualifying course for PQHRM (QCPQHRM) which will be conducted
within six weeks at IPM. Thereafter, they will have to take the PQHRM
Stage I and II as usual, and then go onto the final year of BA (Hons).
Once through the BA, the candidates can opt for the MBA or any other
postgraduate course available at Northumbria University.
There are other options for prospective candidates such as degrees
that cover different business disciplines with emphasis on Human
Resource Management.
IPM President, Mr. Lalith Wijetunge said, "this partnership between
IPM and Northumbria University will help Sri Lankan students to validate
their local qualification at an International level".
As the regional centre for Northumbria University, Business
Management School [BMS] Colombo also will work together with IPM to
reach these goals.
LG Pop phone exceeds one million in sales
The LG Pop GD510 phone had topped one million mark in worldwide sales
in just 100 days after its European and CIS launch, LG Electronics said.
This phone, which is now available through Abans, the sole agents for LG
Mobile Phones in Sri Lanka, has become one of the most fast-selling and
popular models of full touchscreen feature phones.
The LG Pop GD 510 |
With a three-inch WQVGA touchscreen framed by a super-slim 4.8 mm
bezel, the LG Pop has become very popular with customers looking for a
compact phone that has all the features that they need built right in.
With access to social network sites on its home screen, the LG Pop
allows users to update their status on sites such as Facebook, MySpace
and Twitter on the go at any time.
"From the start we based the LG Pop on customer needs, leading us to
create a compact and intuitive touchscreen phone that wasn't weighed
down by useless features," said LG Electronics Mobile Communications
Company President and CEO Dr. Skott Ahn. "LG Pop offers most of the
benefits of a smartphone without the steep learning curve. There's still
a huge market out there for phones that do everything right out of the
box," he said.
The LG Pop has won plaudits for its innovative use of green
technology.
With the optional solar battery cover, every 10 minutes the phone
spends in the sun generates over two minutes of talk time or 180 minutes
of standby time. With the phone's Eco-tree and Eco-calculator
applications, users can even calculate exactly how much Carbon Dioxide
has been cut by using the solar battery cover.
LG Pop GD510 is now available at Abans Showrooms and Authorized
Dealers islandwide and Dialog Franchise Showrooms. |