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EPR Initiatives: the case of Coca Cola
EPR Initiatives: the case of Coca Cola.....»»
Coca-Cola pouring in $1 billion for 5-year Philippine expansion plan
Global beverage giant The Coca-Cola Co. is pouring in $1 billion in the Philippines over a five-year period to expand its operations......»»
Coca-Cola to invest add l $1B in PH
Coca-Cola to invest add l $1B in PH.....»»
Aboitiz Equity Ventures closed transaction to acquire 40% interest in Coca-Cola PH
The takeover of Coca-Cola Beverages Philippines Inc. by Aboitiz Equity Ventures and Coca-Cola Europacific Partners has closed upon completion of “all conditions precedent” to the transaction......»»
Aboitiz completes acquisition of Coca-Cola Philippines
The Aboitiz Group’s entry into the branded consumer goods space is ready to commence with its successful acquisition of Coca-Cola Beverages Philippines Inc......»»
Aboitiz, CCEP complete Coca-Cola Beverages Philippines Inc. acquisition
Aboitiz, CCEP complete Coca-Cola Beverages Philippines Inc. acquisition.....»»
PCC clears Aboitiz purchase of local Coca-Cola company
The Philippine Competition Commission has cleared the Aboitiz Group’s acquisition of Coca-Cola Beverages Philippines Inc., paving way for the closing of the transaction by the end of the month......»»
Catriona, Julie Anne rarampa sa BGC, may sorpresa sa fans
KAABANG-ABANG ang dalawang bigating celebrities na sina Miss Universe 2018 Catriona Gray at Kapuso star Julie Anne San Jose. Magkakaroon kasi sila ng surprise performance sa Bonifacio High Street Activity Center sa darating na January 27. Para ito sa inilunsad na bagong gimik ng sikat na beverage company na Coca-Cola Philippines –ang #CokeZeroExcuses Promo. Noong.....»»
Coca-Cola PH ramps up plastic bottle recycling efforts
Coca-Cola PH ramps up plastic bottle recycling efforts.....»»
Coca-Cola Beverages Philippines, Inc. and Shell Pilipinas Corporation strengthen partnership for a World Without Waste
Coca-Cola Beverages, Philippines Inc. (CCBPI)—the bottling arm of Coca-Cola in the Philippines—and Shell Pilipinas Corporation further strengthen the collective campaign for a World Without Waste by expanding its number of Shell Select stations as collection points in Manila and Davao. Under CCBPI’s Tapon to Ipon: Basta Klaro, Panalo program, clear PET plastic bottles of any.....»»
Aboitiz, partner agree to buy Coca-Cola PH for $1.8 billion
Aboitiz, partner agree to buy Coca-Cola PH for $1.8 billion.....»»
Aboitiz Group set to acquire CCBPI early next year
Cebu-based conglomerate Aboitiz Group has moved a step closer to acquiring Coca-Cola Beverages Philippines Inc......»»
Coca-Cola empowers Filipinos in water-stressed areas
Coca-Cola empowers Filipinos in water-stressed areas.....»»
True Filipino fiesta and music
Coca-Cola Philippines recently brought together thousands of Filipinos at their historic and grandest event yet — the #CokeKAINation. The Mall of Asia’s open spaces were transformed into a sizable picnic area, complete with hundreds of picnic tables bedecked with assorted Pinoy delicacies. There were endless glasses of ice-cold Coca-Cola for everyone to enjoy — a true Pinoy feast. More than 3,000 food lovers and fun-loving individuals came for the salu-salo, exchanging stories and making memories. Rising P-pop girl group BINI and performers Darren Espanto and Sam Concepcion graced the occasion with electrifying performances. Small Laude and Ninong Ry, two renowned influencers who are big lovers of salu-salos and Coke, were also present. The celebration marked Coca-Cola’s 111 years of being a staple of every Filipino family’s lunch. No matter how little the moment, Coca-Cola reaffirmed its commitment to making mealtimes magical for all Filipinos at this salu-salo. “The love for food and experiences is something that’s always been strongly present in Filipinos, especially in today’s youth. At Coca-Cola, we understand that many of our Gen Z Pinoys wish to share these moments with other people. And with #CokeKAINation, we combine all their different interests into one immersive experience full of food, music and amazing activities — like the classic Pinoy fiesta we all love,” said Adrian Manlapig, Coca-Cola Philippines marketing manager. The #CokeKAINation is part of the “Coke is Cooking” meals experience platform that the beverage company is introducing to the world. The #CokeKAINation, the first global meals platform, uses the various consumer passion points, including food, music and entertainment, to connect and engage with their consumers on a deeper level. It aims to celebrate the rich food culture and improve people’s dining experiences in various parts of the world. From restaurants to food stalls, Coca-Cola has surely unlocked the magic behind enjoying any kind of meal — and that is by pairing it with an ice-cold, thirst-quenching drink and in the company of friends and family. Coca-Cola Philippines looks forward to sharing more magical meal moments with Filipinos for many more years to come. The post True Filipino fiesta and music appeared first on Daily Tribune......»»
Coca-Cola Philippines launches new recycled PET plastic bottles along with consumer engagement initiative
Coca-Cola Philippines is taking another step toward a circular economy for plastic packaging by introducing more bottles made from 100% recycled PET plastic (rPET), excluding caps and labels......»»
Aboitiz chief tracks techglomerate journey
Aboitiz Group president and CEO Sabin Aboitiz brought a wealth of knowledge and transformative leadership insights to the esteemed 21st Forbes Global CEO Conference in Singapore on 11 September. The conference, themed “Sea Change,” provided a platform for Aboitiz to share his vision and expertise as he spearheads the Aboitiz Group’s journey toward becoming the maiden techglomerate in the country. The Forbes Global CEO Conference is an annual gathering of influential leaders and visionaries who engage in insightful discussions and brainstorming sessions about the global economic landscape. Approximately 500 distinguished CEOs, thought leaders, entrepreneurs and investors attended this year’s conference to navigate the ever-evolving waves of economic transformation. Aboitiz, standing alongside notable leaders in Asia, participated in a thought-provoking panel entitled “Captains Courageous,” which explored the themes of courage and leadership. Distinguished peers His fellow panelists included Binod K. Chaudhary, chairman of CG Corp Global; Mike Federle, CEO of Forbes Media; Nuno Matos, CEO of Wealth and Personal Banking at HSBC; and Arsjad Rasjid, president director of Indika Energy and chairman of the Indonesian Chamber of Commerce and Industry. The panel conversation delved into the intricacies of courage and leadership, offering profound insights into the mindset of successful CEOs and the principles that have shaped their illustrious careers. Forbes assistant managing editor Diane Brady posed thought-provoking questions encouraging panelists to share their most courageous decisions, reflect on moments when their courage faltered, and acknowledge the influential leaders who have guided their paths. Drawing upon his extensive and exemplary leadership experience across various roles and companies within the Aboitiz Group, Aboitiz imparted invaluable wisdom on the concept of courage. He emphasized that courage takes on different meanings depending on individual circumstances and available options. “Courage means different things to different people depending on who they are or what situation they’re in,” Aboitiz stated. “Just like being generous means different things to different people. Courage is what you’re willing to give up, depending on the situation you’re in. If you’ve got lots of options, then frankly, you’re not that courageous. If you have no options, the more you have to lose, the more courageous you are,” he added. Following his engaging participation in the high-profile conference, Aboitiz was interviewed by CNBC Asia where he provided insights on how the Aboitiz Group is embarking on its Great Transformation journey. There was also huge interest in the recent partnership of Aboitiz Equity Ventures Inc. with Coca-Cola Europacific Partners PLC to acquire Coca-Cola Beverages Philippines Inc. for $1.8 billion. It will be a joint venture where CCEP would be the majority owner at 60 percent while AEV will own 40 percent. This is in line with the direction to diversify a bit more into retail. “This goes back to our strategy to move a little out of one industry which is power and diversify a little bit into retail. Coca-Cola is the best brand in the world, so we thought that it would be the best way to move into the beverage and into more retail direction to be able to balance our portfolio,” Aboitiz explained. As the lead convenor of the Private Sector Advisory Council, Aboitiz also highlighted the importance of the private sector’s involvement especially in digitizing government services which President Ferdinand “Bongbong” Marcos Jr. had been advocating. The post Aboitiz chief tracks techglomerate journey appeared first on Daily Tribune......»»
Global protection for local designs
It’s interesting to see that in today’s aesthetic-driven consumer age, the success of a product can be influenced by its appearance or design. Think of that flashy pair of rubber shoes in a shop window or the familiar lines of a sports car cruising down the street that caught your eye. If you need some more examples of how design can make an impact, consider the iconic designs of the Volkswagen Beetle, the Coca-Cola bottle, and Apple iMac that are instantly recognizable. The importance of design has even generated not one but two presidential proclamations to remind us of its significance. One was in 1974 when the third week of September of every year was designated Design Consciousness Week (Proclamation 1259, s. 1974). Another was in 2011 when the third week of both March and October of every year were declared Design Week Philippines (Proclamation 277, s. 2011). With this in mind, it’s not surprising that industrial design, or ID, should be considered a valuable intellectual property, or IP, asset that business owners and designers need to protect if they want their products to stand out among their competitors. In the Philippines, ID is protected under the IP Code. Specifically, this protection gives designers and owners of a registered ID the right “to prevent third parties from making, selling or importing articles bearing or embodying a design which is a copy, or substantially a copy, of the protected design, when such acts are undertaken for commercial purposes.” But how do designers protect their designs once they step onto the global stage? Fortunately, there is now an easy way to do this. The Intellectual Property Office of the Philippines, or IPOPHL, held public consultations last August on The Hague System for International Registration of Industrial Designs as part of the preparations for the Philippines’ accession to The Hague Agreement by 2024. Under The Hague System, local designers can take advantage by registering and protecting their designs internationally in a simple and cost-effective way. Through an online mechanism for securing and managing design rights in multiple jurisdictions — including over 90 contracting parties — they only need to utilize a single application with minimal paper work in order to register their designs globally. This system will prove particularly advantageous for our small and medium enterprises who want to avail of the services of The Hague System and enjoy the benefits of reduced cost in filing fees. Aside from protecting our local designs, the Philippines’ accession to The Hague Agreement will also be beneficial to our economy as foreign applicants and designers can take advantage of The Hague System to facilitate technology transfers and commercialization of their designs in our country, which is considered one of the fastest growing economies in Asia. As the Philippines takes the next steps towards acceding to The Hague Agreement, the most important thing that our Filipino designers need to consider is that they should be aware that their designs can be protected separately from their businesses’ processes and brands. As such, they should go and register their designs. On the part of IPOPHL, we will be conducting an information campaign to spread the word about The Hague System at the ground level to inform the public. And of course, we held our consultation last month to ensure that IP stakeholders’ opinions are taken into consideration in forming the Philippines’ position in acceding to the treaty. We hope all of these efforts will lead to even greater breakthroughs for our Filipino designers in global markets, as well as sustain the development and promotion of the Philippines’ design capability. The post Global protection for local designs appeared first on Daily Tribune......»»
Instant noodle hailed most chosen FMCG — Kantar
After being hit by a destructive fuss a year ago, alleging that the product contains pesticide, Lucky Me Pancit Canton of Monde Nissin Corporation emerged as the top-chosen fast-moving consumer goods or FMCG and used by the majority of Filipino households, along with nine other staple brands that belong to the food and beverage segment, the latest survey from Kantar said. According to the 2023 Brand Footprint report of Kantar, covering 5,000 households from 12 months ending October 2022 versus the same period the year before, it revealed that instant noodle brand Lucky Me is the No. 1 most chosen FMCG brand of Filipinos in 2022. Data showed that Lucky Me was purchased by 98.9 percent of local households, which translates to around 27.4 million shoppers. These households chose the brand, on average, 33 times per year, resulting in 911 million Consumer Reach Points. According to Bea Coronel, client manager at the Worldpanel Division of Kantar Philippines, the Brand Footprint ranks the FMCG brands based on their CRP. This measure combines population or the number of households in the country; penetration or the percentage of households purchasing the brand; and consumers’ choice or the number of times the brand is being chosen by Filipinos over the course of 12 months. Following in second and third places are coffee brands Nescafé (688 CRP) and Kopiko (627 CRP). Ranked fourth is Silver Swan, an essential condiment in Filipino kitchens, with 585 CRP. Soda brand Coca-Cola garnered 488 CRP to make it to the Top 5. Coronel further stated that the Brand Footprint aims to capture a key moment when Filipinos purchase their FMCG needs. “Filipinos have been spending more for their FMCG needs, especially in 2022 when we came out of the pandemic and our lifestyles began to shift and return to normalcy. There is now a higher demand for FMCG, and companies must be able to capitalize on that split second when shoppers decide and choose one brand over another. At Kantar, we capture that powerful moment using the CRP measure in order to reveal which brands are consistently winning their way into the shopping baskets of Filipinos,” she adds. Other F&B products that made it to the Top 10 are Bear Brand (6th with 482 CRP), Maggi (8th with 431 CRP), Great Taste (9th with 424 CRP) and Datu Puti (10th with 406 CRP). Only one home care brand penetrated the Top 10 ranking, with Surf getting 467 CRP at 7th place. The post Instant noodle hailed most chosen FMCG — Kantar appeared first on Daily Tribune......»»
Logo redesign cheapest, says PAGCOR chair
The once-controversial redesign logo of the Philippine Amusement and Gaming Corporation that drew criticism from the public for costing P3 million in government funds is already the “cheapest,” said its chairperson Alejandro Tengco on Monday. Responding to Kabataan Rep. Raoul Manuel’s query during PAGCOR’s briefing on the 2024 national budget before the House Committee on Appropriations, Tengco justified the agency’s spending of P3 million for rebranding the logo was already a steal. In fact, he said, the graphic artist’s act of rebranding the old PAGCOR logo design for P3 million could be perceived as an act of charity. “That’s why that P3 million was very cheap,” Tengco said. During his interpolation, Manuel asked the top PAGCOR official why there was a need to spend such a vast amount, given that other international top brands such as Coca-cola, Twitter and Nike do not spend millions of dollars for such redesigning. “We, in the government, shouldn’t be saving more? And we claim we don’t have fiscal space for other budget items, but for that logo, there is,” Manuel said. The Makabayan lawmaker further noted that the Bangko Sentral ng Pilipinas, which is also a part of the bureaucracy, did not spend millions of funds to redesign its 10-year-old logo, released in 2020. Manuel also said that the country has many graphic artists that could come up with logos that would not cost much. Tengco, on the other hand, countered that the P3 million paid by PAGCOR not only accounts for the logo itself since the graphic designer also has other deliverables, such as traveling the country to examine various divisions and departments of the agency to install the new logo. Moreover, the PAGCOR chief disclosed to the panel that the modification of their logo was to counter thousands of counterfeit licenses now in circulation. Tengco bared that there have been reports from various regions in the Philippines and other international jurisdictions that there are close to a thousand fake licenses going around now. These fake licenses, he said, are being used for illicit operations worldwide, particularly in London, Turkey, Curacao, and also within the country’s borders. “So we decided to redesign the logo immediately to be able to counter such,” Tengco said, brushing off allegations that the revision of the logo was solely for the luxury of the chairman and the board. “So we have to rebrand. When you rebrand, that means you don’t just do a logo specifically. One, the graphic designer, who was awarded the design, has to ensure that the said logo’s implementation and use will be properly done,” the PAGCOR chief told the panel. Meanwhile, Cagayan de Oro Rep. Rufus Rodriguez raised concerns that PAGCOR’s new logo could have infringed on the copyrights of Petron, which many believe have comparisons to PAGCOR’s logo. “It’s not only about the expedite of P3 million, but the fact that the logo that you have has a big similarity to the Petro logo. It looks the same,” Rodriguez said. Tengco, however, confidently answered Rodriguez that he himself examined the logo and denied claims that there was intent to duplicate Petron’s. “I have asked the artist, and we have also asked the artist of Petron. So far, nothing. Actually, eight logos were presented to the board,” he said. “Unfortunately, for some, that’s what the board chose. But definitely, the graphic artist had assured us that there was no infringement and there was no attempt to copy such,” Tengco added. The post Logo redesign cheapest, says PAGCOR chair appeared first on Daily Tribune......»»
$1.8-billion Aboitiz, Coke deal still under PCC review
The Philippine Competition Commission or PCC is monitoring the recently reported intention of Aboitiz Equity Ventures Inc. or AEV to acquire minority stakes in Coca-Cola Beverages Philippines or CCBP under a $1.8-billion cash joint venture deal with Coca-Cola Europacific Partners or CCEP. In an email on Friday, the competition watchdog said it is still determining if the parties involved have properly met the required threshold for their transaction. As of the end of the first quarter, all mergers and acquisitions that breach a P7-billion size of party and P2.9-billion size of transaction should be reviewed by the PCC. The PCC’s merger review thresholds are adjusted annually relative to the size of the economy. While this is ongoing, the PCC likewise noted that it may also ask its Mergers and Acquisitions Office or MAO to conduct an initial assessment if the effects of the transaction warrant a motu proprio review. “This review will determine if the transaction may result in a substantial lessening of competition in the relevant markets,” it said. The PCC’s MAO provides pre-notification consultations for parties contemplating a merger to address queries about the merger review process. During consultations, the parties may seek non-binding advice on the specific information needed for the notification. Early this month, AEV and CCEP signed a non-binding Term Sheet with The Coca-Cola Company, which is currently divesting its CCBP interests. The parties are now in advanced discussions regarding the potential joint transaction, where CCEP would be the majority owner with a 60 percent stake. AEV, on the other hand, would take up the remaining 40 percent non-controlling interest. The AEV, however, clarified that since the buyout is still subject to several conditions, the transaction has no guarantee that it would proceed until closing. These conditions include satisfactory completion of confirmatory due diligence which is well underway, receipt of AEV and CCEP’s board approvals, and the parties signing the definitive agreements. However, assuming that the plan pushes through, AEV expects that the deal could be closed by the end of the year, subject to the approval of the Philippine Competition Commission. CCEP is a global consumer goods company serving 600 million consumers and helping 1.75 million customers across 29 countries grow their businesses. On the other hand, the AEV of the Aboitiz family has major investments in power, banking and financial services, food, infrastructure, land, and data science and artificial intelligence. In the first half of the year, AEV reported an 11 percent decline in its net income. It only booked a bottom line profit of P10.5 billion during the period, from last year’s P11.8 billion. The post $1.8-billion Aboitiz, Coke deal still under PCC review appeared first on Daily Tribune......»»