ADVERTORIAL

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 branch network.

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 opening.

"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 today.

"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 months.

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 Kumarasinghe.

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 training programme.

"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

'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 display.

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 their lifestyles.'