The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Happy Birthday
Today at 9:04 am by කිත්සිරි ද සිල්වා

» Dividend Announcement
Today at 2:03 am by nihal123

» Should CSE be like this? Whose FAULT is it?
Yesterday at 5:05 pm by Ethical Trader

» සදහම් හඩ
Yesterday at 6:53 am by Ethical Trader

»  Woman finds frog parts in her packet of 'kottu'
Tue Jul 17, 2018 5:21 pm by Ethical Trader

» Debenture issues
Sat Jul 14, 2018 10:34 pm by Danidu

» Quick Checklist for Selecting a Stock
Sat Jul 14, 2018 11:42 am by slstock

» Hello and CSE ?
Fri Jul 13, 2018 10:05 am by slstock

» Films - To Watch List
Fri Jul 13, 2018 8:15 am by yellow knife

» කොටස් වෙළෙඳපොළේ ආයෝජනයේ දී දේශපාලන සබඳතා අනාවරණය අනිවාර්යයි
Thu Jul 12, 2018 9:02 pm by spw19721

» ගුහාවේ සිරවී සිටින දරුවන් පිටතට ගෙන්න මාස 04 ක් ගතවෙන ලකුණු
Wed Jul 11, 2018 7:43 am by serene

» කොළඹ කොටස් තවමත් අවුරුදු 8 කට කලින් තිබුණු තැනමයි
Wed Jul 11, 2018 7:37 am by serene

» 2018 ජූනි මාසයේ ඩොලර් මිලියන 434.53 කින් දී සංචිත වැඩි වුණේ මෙහෙමයි
Tue Jul 10, 2018 4:00 pm by Ethical Trader

» නිවාඩුවට රට යනවාටත් බද්දක්. සියලු වාහන හිමියන් බදු ගෙවිය යුතුයි – දේශීය ආදායම් කොමසාරිස්
Mon Jul 09, 2018 5:49 pm by Ethical Trader

» අනං මනං! #/+?.<>
Mon Jul 09, 2018 2:14 pm by yellow knife

» අටවන වරටත් ශ‍්‍රී ලංකාවේ හොඳම බැංකුව ලෙස ෆයිනෑන්ස් ඒෂියා කොමර්ෂල් බැංකුව තෝරාගනී July, 7, 2018
Mon Jul 09, 2018 11:53 am by nihal123

» ETI මිල දී ගන්නේ සිංගප්පූරු – ශ්‍රී ලංකා හවුල් සමාගමක්
Mon Jul 09, 2018 7:57 am by serene

» සුළු හා මධ්‍ය පරිමාණ ව්‍යවසායකයින් වෙනුවෙන් කොළඹ කොටස් වෙළෙඳපොළේ EMPOWER පුවරුව දියත් කෙරේ
Fri Jul 06, 2018 9:26 pm by Ethical Trader

» Sri raises fuel prices, future revisions weekly
Fri Jul 06, 2018 6:35 pm by Ethical Trader

» Sri Lanka holds rates, amid external jitters
Fri Jul 06, 2018 10:35 am by Ethical Trader

» Sri Lanka rupee weakens, stocks gain 1.22-pct
Fri Jul 06, 2018 10:34 am by Ethical Trader

» Sri Lanka's SMEs get chance to raise equity on liberalized board
Fri Jul 06, 2018 8:07 am by The Invisible

» Yahoo බිඳ වැටෙයි
Thu Jul 05, 2018 6:42 pm by Ethical Trader

» මුල් මාස 06 දී ලක්ෂ 11 ½ ක සංචාරකයින් ඇවිත්
Thu Jul 05, 2018 6:41 pm by Ethical Trader

» ධම්මික ශ්‍රී ලංකාවේ මුල් වරට Artificial Intelligence යොදා ගත් අධ්‍යක්ෂ මණ්ඩල රැස්වීමක් කැඳවයි
Thu Jul 05, 2018 8:01 am by serene

» තව වසර 3 කින් කොළඹ ඒක පුද්ගල ආදායම ඩොලර් 12,650 යි
Wed Jul 04, 2018 5:39 pm by Ethical Trader

» රාජපක්ෂ ආධාරකරුවන් ශ්‍රී ලංකාවේ මාධ්‍යවේදීන් බියවැද්දීම වැරදියි - New York Times
Tue Jul 03, 2018 5:32 pm by Ethical Trader

» කොමර්ෂල් බැංකුවට නව කළමනාකාර අධ්‍යක්ෂවරයෙකු සහ ප‍්‍රධාන මෙහෙයුම් නිලධාරියෙකු පත්කෙරේ
Tue Jul 03, 2018 5:27 pm by Ethical Trader

» Sri Lanka's ETI Finance able to settle small depositors if liquidated
Mon Jul 02, 2018 5:30 pm by Ethical Trader

» Cartoon of the day...
Sun Jul 01, 2018 9:10 pm by pee ratio

» උදයංග වීරතුංගට "ස්වේච්ඡාවෙන් ගමන් යන්න බැහැ"
Fri Jun 29, 2018 5:19 pm by Ethical Trader

» Sri Lanka s state hotel sales to go ahead next month: Finance Minister
Fri Jun 29, 2018 5:14 pm by Ethical Trader

» මාස 02 කදී කොටස් වෙළෙඳපොළ සියයට 4 කින් කඩා වැටිලා
Thu Jun 28, 2018 5:59 pm by Ethical Trader

» කොටස් වෙළෙඳපොළේ ආයෝජන ඉවත් කර ගැනීමට ජාතික ඉතිරිකිරීමේ බැංකුව යෝජනා කැඳවයි
Thu Jun 28, 2018 11:14 am by Ethical Trader

» සුරන්ගනීට මාලු ගෙනාවා - FIFA - Russia - 2018
Mon Jun 25, 2018 11:29 am by Ethical Trader

» Enterprise Sri Lanka to give extra credit support for women, disabled soldiers
Sun Jun 24, 2018 8:42 pm by sashimaal

» HUNA.N0000
Sat Jun 23, 2018 11:42 am by pjrngroup

» 2018 මැයි මස උද්ධමනය සියයට 2.1 ක් දක්වා ඉහළට
Sat Jun 23, 2018 8:31 am by Ethical Trader

» Laughter the Best Medicine
Fri Jun 22, 2018 8:11 pm by nihal123

» Sri Lanka is recovering, Central Bank threat looms: Bellwether
Fri Jun 22, 2018 10:20 am by The Invisible

» Sri Lanka's new forex law gets IMF thumps up
Fri Jun 22, 2018 10:16 am by The Invisible

» EU slaps tariffs on US as trade war erupts
Fri Jun 22, 2018 10:14 am by The Invisible

» Top monk asks Sri Lanka’s ex-defence chief to return as ‘Hitler’
Fri Jun 22, 2018 10:12 am by The Invisible

» May inflation at 2.1%
Fri Jun 22, 2018 2:06 am by sashimaal

»  මෙරට විශාලම ආයෝජනය වන හම්බන්තොට වරායේ අවසන් ආයෝජන මුදල වරාය අතට බාර දෙයි
Thu Jun 21, 2018 4:59 pm by Ethical Trader

» CCS.N0000 ( Ceylon Cold Stores)
Thu Jun 21, 2018 4:56 pm by Ethical Trader

» HHL.N0000 ( Hemas Holdings PLC)
Thu Jun 21, 2018 4:48 pm by Ethical Trader

» රුපියල තවදුරටත් පාවීමට ඉඩහැරිය යුතුයි - ජාත්‍යන්තර මූල්‍ය අරමුදල
Thu Jun 21, 2018 7:46 am by serene

» රජයේ සුරැකුම්වලින් රුපියල් බිලියන 2.7 ක විදෙස් ආයෝජන සතියක් තුළ දී ඉවතට
Wed Jun 20, 2018 9:11 am by serene

» ඩොලර් බිලියන 10 යි – මහ බැංකුව ඉතිහාසයේ වැඩිම විදේශ විනිමය සංචිතය ගොඩනගයි
Wed Jun 20, 2018 7:23 am by කිත්සිරි ද සිල්වා

July 2018
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
293031    

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Local soft drink leader disappointed over govt. decision to intervene in beverage market

Go down

Local soft drink leader disappointed over govt. decision to intervene in beverage market

Post by Backstage on Tue Jun 28, 2016 12:44 pm

Local soft drink leader disappointed over govt. decision to intervene in beverage market
2016-06-28 10:26:32

By Shabiya Ali Ahlam Ceylon Cold Stores (CCS), Sri Lanka’s market leader in carbonated soft drinks and frozen confectionery products, has expressed disappointment over the government’s move to intervene in the beverage market, stating inequitable enforcement of regulations pertaining to product labelling could distort competition. CCS noted that with the stringency of labelling regulations anticipated to increase over the medium to long term, demand for its products would receive a blow, affecting growth. “Wh i l s t we ag r e e that consumers should have an informed choice of food and beverage items with adequate nutrition declarations, it is disappointing that the regulators target categories such as beverages and attempt to almost instil fear in the consumer’s mind,” CCS said in its latest annual report.

The company however said it would be “committed to and will always support” initiatives to encourage healthy lifestyles by consumers being made aware of a balanced intake of nutrition. The government recently said all soft drinks would have colour codes given by the Health Ministry depending on their sugar content from August. A gazette notification in this regard will be out shortly. The government said the move was to promote a healthier lifestyle and control non-communicable diseases among Sri Lankans.

Meanwhile, CCS said it had placed strategic emphasis on diversifying its product portfolio beyond the carbonated soft drink range and harnessing its research and development capabilities to facilitate the use of natural flavours and colours. New products launched in recent years included four major flavours reducing the sugar calories significantly with the introduction of a sweetener extract from the Stevia plant, which has a zero calorie count. According to CCS, the shift in buying behaviour in the recent past has led to a rising propensity for consumers to seek out food and beverages which use natural ingredients, have a lower calorie count and are often diet, sugar free, or offer healthy varieties, which deliver comparable taste and quality. From a global perspective, it is observed that the rising incidence of obesity and diabetes have affected the sales of carbonated soft drinks. The global demand for the carbonated soft drink market is projected to grow at a compound annual growth rate (CAGR) of just over 2 percent over the period 2014-2019.

avatar
Backstage
Top contributor
Top contributor

Posts : 3275
Join date : 2014-02-24

Back to top Go down

Re: Local soft drink leader disappointed over govt. decision to intervene in beverage market

Post by Expert on Tue Jun 28, 2016 6:16 pm

Thanks for the info BackStage.
I can't use the shortened from 'BS' for you as it could mean many many things Embarassed
I do not hold CCS.
All I see is diversity coming in adversity.  It is said most useful inventions of humankind came into being during war times....  Shocked   So, nothing to worry CCS!
We'll see what they would come up with Smile
avatar
Expert

Posts : 124
Join date : 2014-03-03

Back to top Go down

Re: Local soft drink leader disappointed over govt. decision to intervene in beverage market

Post by Backstage on Wed Jun 29, 2016 10:45 am

Whats in a name.... as I am on a quest to extinguish my ego, any BS is cool with me.

Yes, CCS has no worries, it is the Super brand of SL. The only soft drink brand to outperform Coca Cola in an open market. And I thought I was getting a good price selling at 163/=.

On a different note, I am pleased that they have started the sugar labeling somewhere. SL consumers are being poisoned fast and surely.

So nice to see you here expert.Smile
avatar
Backstage
Top contributor
Top contributor

Posts : 3275
Join date : 2014-02-24

Back to top Go down

Re: Local soft drink leader disappointed over govt. decision to intervene in beverage market

Post by balapas on Sun Sep 04, 2016 9:35 am





So this is it. All big noise by the company was to do this small thing. This is a norm in developed countries and we should do the same. Remember CTC went to courts over cigarette packet warnings. Already sugar intake of locals is too high so this will help to reduce health risk to some extent. I see awareness is very low among most common folks about the risks involved in drinking these. Ice packets should too be regulated.

balapas
Top contributor
Top contributor

Posts : 761
Join date : 2014-02-23
Age : 38

Back to top Go down

Re: Local soft drink leader disappointed over govt. decision to intervene in beverage market

Post by Naked Trader on Sun Sep 04, 2016 12:06 pm

As investors, we may side the companies but if you look at the bigger picture, this is a good move.

Naked Trader

Posts : 12
Join date : 2016-03-17

Back to top Go down

Re: Local soft drink leader disappointed over govt. decision to intervene in beverage market

Post by HAL9000 on Sun Sep 04, 2016 1:29 pm

CTC Which is owned by British American Tobacco company went to courts, because they knew the then King controlled the CJ and the court and they were pretty sure of the verdict. British American Tobacco Company didnt go to courts in othet countries for the same reason, thinking Sri Lankans are lessor humans/slaves with no rights.
Now CCS trying to do the same, keeping the customers uninformed on health related issues when customers of other countries are well informed on this. Some times they will attempt some underhand deals to get rid of this. These are the same companies preach on various quality standards, social responsibility etc. Shame !
avatar
HAL9000
Top contributor
Top contributor

Posts : 1402
Join date : 2014-08-11
Location : Colombo

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum