November 13, 2018

Sweetened beverages tax should be done in phases, says CEO

The government’s decision to impose excise duty on sweetened beverages beginning April 1, 2019 is too early and should be done in phases, said Fraser & Neave Holdings Bhd (F&N) chief executive officer Lim Yew Hoe.

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How Long Can 'Big Beverage' Ignore A Company With 92% YoY Domestic Revenue Growth, Along With A Major Foothold In China? Last week Celsius Holdings, Inc. reported a 92% increase in domestic revenues for Q3 as Target, CVS, 7-Eleven and others have provided exceptionally strong sales momentum.

Best-Selling 7-Eleven Juice is Organic, Cold-Pressed and now a Top Private Brand Award-Winner 7-Eleven launched the line of USDA-certified organic cold-pressed juice blends made from whole fruits and vegetables approximately a year ago to rival those prepared in high-end juice bars.

Sweetened beverages tax should be done in phases, says CEO

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