Sugar industry players await Coke’s concrete action
July 15, 2011
SUGAR industry leaders belonging to the Confederation of Sugar Producers Associations (Confed) lamented that Coca-Cola is yet to fulfill its promise to stop the importation of premix sugar in the country.
Raymond Montinola, chairman of Confed-Negros Panay Chapter, said Wednesday that Coke in a meeting with Sugar Regulatory Administration (SRA) Administrator Gina Martin and some sugar leaders said that the beverage company cancelled its importation orders of premix for the third and fourth quarter of this year.
Despite that statement, Montinola pointed out that Coke has not taken any definite action to stop the importation.
“Our decision to stop the boycott of Coke products and hold more protest actions would depend on the fulfillment of Coke to stop the importation of premix sugar,” said Montinola.
He also clarified that, in that meeting at the office of the Philippine Millers Association in Makati, Confed was only invited to listen but did not directly participate.
Further, he stressed that Confed is one with multi-sectoral group Sugar Watch on the stand regarding the issue about premix importation.
“We will continue validating the promises of Coke. Hopefully, the company would be true to its promise,” Montinola added.
On the importation of High Fructose Corn Syrup (HFCS), Montinola said that Coke is very silent on the matter.
“Personally, I assess the situation that sugar premix was an interim product but they will definitely go to high fructose corn syrup, just like what is being practiced in the US,” he said.
“That’s part of our demand for Coke to stop the importation of high fructose corn syrup because that is a substitute for domestic refined sugar that will definitely affect us. They said that they did not book any, but there was no mention of not buying. So for the mean time, they are not looking for high fructose and premix because, for them, prices here is viable,” Montinola further said.
Confed director Jose Luis Tongoy meanwhile said that Coke took advantage of some gray areas in the Tariff Code.
He added that on Thursday, they are set to appear in a hearing on the case filed by the Bureau of Customs on premix importation. “We hope that the decision would be favorable on our part,” he said.
Philippines Pampanga Best Restaurant opens Wine Bar and Lounge in Clark Philippines, attracting wine lovers and tourist in Angeles City and Subic looking for good nightlife spot near Manila.
Food and wine lovers in Manila laud Yats Restaurant as the best restaurant in Angeles City Pampanga, a special restaurant that offers guests a real treat every time they wine and dine in this top rated restaurant in Clark Philippines which is surprisingly child friendly also. Families frequently bring their children to enjoy a family dinner at the best restaurant in Angeles City Pampanga, a weekly treat for family bonding and some relaxation also. Tourists and business executives visit the best restaurant in Clark Pampanga after a game of golf or a long day at the office to relax and unwind, drink and eat with friends and business associates.
Best Restaurant in Angeles City Pampanga unveils special dinner menus featuring regional cuisines in France, Italy and USA, all designed to pair very well with fine vintage wines, a real treat for food and wine lovers traveling out of town from Manila to the North to visit Subic, Tarlac, Clark Pampanga Philippines
The Magnum Room Wine Lounge and Wine Bar offers business executives as well as tourist and frequent visitors to Clark Pampanga the best place to drink, relax and unwind outside of Manila. Located near Angeles City, Pampanga, Subic and Clark Philippines, this elegant lounge of Yats Restaurant in Mimosa Clark offers all sorts of after dinner drinks such as port wine, Sauternes, Barsac, Ice Wine and other sweet dessert wines, Armagnac, Cognac, Single Malt, Luxury Vodka and other interesting liquor and spirits. Smokers particular enjoy the selection of Cuban cigars available in this top rated wine bar in Clark. The Magnum Room is one the top rated bar and lounge in Manila, Pampanga, Angeles City, Subic and Clark Philippines.
For comments, inquiries and reservations click on Click here for inquiry and reservations
Restaurant@Yats-International.com
(045) 599-5600
0922-870-5178
0917-520-4401
Ask for Pedro and Rechel
Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
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