FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ »  Ad agencies battle for US$ 9mn Ceylon Tea contract today

Ad agencies battle for US$ 9mn Ceylon Tea contract today

Go down  Message [Page 1 of 1]

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Four advertising industry powerhouses will battle it out today with the aim of securing a US$ 9 million contract, which will provide the winner with the task of promoting the Ceylon Tea brand, an advertising industry official stated.

Accordingly, Grants, Phoenix Ogilvy and M, Bates and Burson - Marsteller and Grey Worldwide are set to make their presentations to the Sri Lanka Tea Board.

Janaki Kuruppu, Chairman, Sri Lanka Tea Board, confirmed to Mirror Business that the selection process was still ongoing and bids had been made for such a selection but refused to comment any further on the matter.

According to industry sources, JWT which had also bid for the contract was believed to have pulled out due to unknown reasons.

Ad industry source further said that the money for the campaign is coming from the Cess collected from tea exports, which is half the amount in this fund and is aimed at raising the profile of Ceylon Tea, which exporters say has lost global market share.

The campaign also comes at a time when geographical patenting of Ceylon Tea on a regional basis (Dimbula, Dickoya, Uva, etc. as brands) is underway by the Tea Board which is in discussions with a team that has arrived from abroad.

The overseas promotion campaign, likely to start around September/october, would be launched amidst a vibrant debate on whether or not to freely allow tea imports for blending purposes, which single-origin tea exporters like Dilmah are opposed to.

Sri Lanka’s tea industry is deeply divided over plans to boost earnings by importing cheaper leaves for blending and re-export, over fears the changes could water down the ‘Pure Ceylon’ brand.

Pure Ceylon, using the country’s colonial-era name, is to tea what single malt is to whisky, according to some aficionados, with single-origin Sri Lankan tea costing as much as twice that of a multi-origin tea.

The country has long been a leading exporter of the commodity, but now the Tea Exporters Association (TEA) wants to import leaves from countries like Kenya, Vietnam and Indonesia and blend them with higher quality local produce.
http://www.dailymirror.lk/business/economy/20826-ad-agencies-battle-for-us-9mn-ceylon-tea-contract-today.html

ddindika

ddindika
Manager - Equity Analytics
Manager - Equity Analytics
Four advertising industry powerhouses will battle it out today with the
aim of securing a US$ 9 million contract, which will provide the winner
with the task of promoting the Ceylon Tea brand, an advertising industry
official stated.

Accordingly, Grants, Phoenix Ogilvy and M, Bates and Burson - Marsteller
and Grey Worldwide are set to make their presentations to the Sri Lanka
Tea Board.

Janaki Kuruppu, Chairman, Sri Lanka Tea Board, confirmed to Mirror
Business that the selection process was still ongoing and bids had been
made for such a selection but refused to comment any further on the
matter.

According to industry sources, JWT which had also bid for the contract was believed to have pulled out due to unknown reasons.

Ad industry source further said that the money for the campaign is
coming from the Cess collected from tea exports, which is half the
amount in this fund and is aimed at raising the profile of Ceylon Tea,
which exporters say has lost global market share.

The campaign also comes at a time when geographical patenting of Ceylon
Tea on a regional basis (Dimbula, Dickoya, Uva, etc. as brands) is
underway by the Tea Board which is in discussions with a team that has
arrived from abroad.

The overseas promotion campaign, likely to start around
September/october, would be launched amidst a vibrant debate on whether
or not to freely allow tea imports for blending purposes, which
single-origin tea exporters like Dilmah are opposed to.

Sri Lanka’s tea industry is deeply divided over plans to boost earnings
by importing cheaper leaves for blending and re-export, over fears the
changes could water down the ‘Pure Ceylon’ brand.

Pure Ceylon, using the country’s colonial-era name, is to tea what
single malt is to whisky, according to some aficionados, with
single-origin Sri Lankan tea costing as much as twice that of a
multi-origin tea.

The country has long been a leading exporter of the commodity, but now
the Tea Exporters Association (TEA) wants to import leaves from
countries like Kenya, Vietnam and Indonesia and blend them with higher
quality local produce.

Back to top  Message [Page 1 of 1]

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