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Showing posts with label Coca-Cola. Show all posts
Showing posts with label Coca-Cola. Show all posts

Friday, July 19, 2019

Coca-Cola HBC to launch Costa Coffee products in several markets in 2020

Coca-Cola HBC to launch Costa Coffee products in several markets in 2020

Coca-Cola HBC to launch Costa Coffee products in several markets in 2020


Soft drink bottler Coca-Cola HBC AG said on Thursday it will launch Costa Coffee products in several markets next year, months after Coca-Cola Co bought the cafe chain from Whitbread in a $5.1 billion deal.

The company, which sells Coca-Cola drinks in 28 countries mostly in Europe, plans to launch Costa Coffee in at least 10 of those markets, including Bulgaria, Greece, Hungary, Poland, Romania, Russia and Switzerland. Reuters 



Wednesday, July 10, 2019

Coca Cola : PepsiCo's mini-sized sodas boost quarterly results

Coca Cola : PepsiCo's mini-sized sodas boost quarterly results

Coca Cola : PepsiCo's mini-sized sodas boost quarterly results


(Reuters) - PepsiCo Inc quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's and Dorito chips.
Beverage sales rose in the quarter as the company's packaging strategy to move away from large cans of sugary drinks to smaller ones that have higher margins is helping it add consumers who occasionally like to 'indulge' even while preferring healthier options in the long term.

"Core Pepsi is what is driving the improved performance in soda," Chief Financial Officer Hugh Johnston told Reuters.

"You have the consumer shifting from bigger volume packages into packages that are smaller... but the price realization is quite good on them," Johnston said.

Earlier this year, PepsiCo launched berry, lime and mango flavored sodas in 12-ounce cans and introduced variations of Cheetos and Doritos tortilla chips.

Rival Coca-Cola Co also saw a rise in overall sales in its last quarter, boosted by strong demand for its orange-vanilla cola, its first such launch since 2007 when it introduced vanilla Coke.

Both Pepsi and Coca Cola have also been offering new products to cater to consumers who prefer healthier options like sparkling waters and teas.

Chief Executive Officer Ramon Laguarta said the company would even launch mini and large cans of its Bubly sparkling water in new fruity flavors.

"I think this is going to be a long-term consumer trend. Consumers are looking for smaller portion packs," Laguarta said in a conference call with analysts.

Beverage volume fell 2% at PepsiCo's North America beverage unit, largely due to higher sales of smaller packages of sodas and juices, but revenue from the business rose 2.5%.

Revenue in its snacking division, Frito-Lay North America, rose 4.5%, led by high single-digit growth in convenience and dollar stores, pushing total net revenue up 2.2% to $16.45 billion.


Net income attributable to the company rose 11.8% to $2.04 billion from $1.82 billion a year earlier.

Excluding one-time items, it earned $1.54 per share. Analysts on average had expected profit of $1.50 per share and revenue of $16.43 billion.

Shares of the company, which were up about a percent, fell marginally in morning trading.




Thursday, July 4, 2019

WWF-Pakistan and The Coca-Cola Foundation launch cooperation for plastic waste management

WWF-Pakistan and The Coca-Cola Foundation launch cooperation for plastic waste management

WWF-Pakistan and The Coca-Cola Foundation launch cooperation for plastic waste management


Lahore, July 4, 2019: WWF-Pakistan, in collaboration with The Coca-Cola Foundation, has formally reached out to waste dealers and scavengers for the very first time, with an inclusive approach to facilitate key stakeholders in creating a ‘Pakistan Without Waste’ – a sustainable packaging vision of The Coca-Cola Company. In this regard WWF-Pakistan is conducting a scoping study on the consumption, collection and disposal pattern of PET bottles, and quantifying the amount of PET being recycled, while also analyzing the level of public awareness about plastic pollution. 

In pursuance of this study, two interactive stakeholder consultative workshops were held in Karachi and Lahore this week, aiming at building cohesion amongst the scavengers, junk dealers and recyclers (informal sector) and the formal sector, to identify gaps, enhance collection and  recycling efficiency. This series of workshops will also create awareness on the issue of plastic pollution amongst communities and educational institutes.

“Coca-Cola led the industry by announcing a bold and ambitious goal to globally recycle each and every bottle it produces by the year 2030. Although it may sound impossible right now, but we have certainly taken a step forward in the right direction by firstly acknowledging packaging waste as a problem and establishing partnerships to harvest a permanent solution for this important societal issue,” stated Rizwan Khan, General Manager, Coca-Cola Pakistan & Afghanistan Region. “These workshops will be held across nine cities that are part of the waste assessment study to identify the loopholes in our existing policies and frameworks,” he added. 

Globally 8 million tons of plastic is disposed in the oceans annually. Furthermore, Pakistan has the second largest domestic market for plastics in Southeast Asia after India that is growing at an annual average rate of 15 per cent. At the workshop, Dr. Masood Arshad, Director Climate, Energy and Water, WWF-Pakistan said, “It’s crucial to start focusing on post-consumer packaging and recycling. Therefore, it’s immensely important for companies in the public sector, private sector, formal and informal waste sector to collaborate and work together in pursuance of this aim, and the first step should be to assess the scope of our problem for which we are already holding an assessment study which shall be made public in August 2019.”

Nazifa Butt, Manager Environmental Assessment/Project lead, WWF-Pakistan, extended a warm welcome to all the guests and shared her dedicated work on healthy and plastic free oceans. Speaking on the occasion, The Coca-Cola Company’s representative, Natasha Haroon, briefed the audience about Coca-Cola’s World Without Waste Program and highlighted the company’s global recycling practices. Research findings and the role of each stakeholder was also shared amongst the participants, by WWF-Pakistan. Attendees from Karachi and Lahore workshops included representatives from academia, Lahore Waste Management Company, Sindh Solid Waste Management Board, Green Earth Recycling, Trash Masti, Gul Bahao, Olive Ridley Project, Go Green Welfare and other recyclers. 

The session concluded on a discussion with junk dealers and scavengers to understand their concerns and establish action items for the next step in developing relations with them. During the panel discussion, all stakeholders agreed on the point of collaboration if the resources are provided, PET supply is continuous, availability of transport is assured, their responsibilities are defined and management plan is delineated, the goals of circular economy can be met. They also discussed innovations in PET recycling, health of scavengers impacted by garbage picking, and behavioural change with respect to source segregation aiding in increasing PET recycling. The dialogue also revolved around reducing plastics by involving all sectors, citizens as well as scavengers to engage them and lift them out of poverty. 


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Monday, July 1, 2019

Win free unlimited data - Stay Online with Jazz and Coca-Cola

Win free unlimited data - Stay Online with Jazz and Coca-Cola

Win free unlimited data - Stay Online with Jazz and Coca-Cola


Two of Pakistan’s most well-known brands have joined hands to provide free unlimited mobile data

Islamabad – 28 June, 2019: Jazz, Pakistan’s largest digital communications company, and Coca-Cola Company, one of the most popular beverages in the country have partnered to offer consumers a chance to win free unlimited data. This partnership focuses on heavy data users who prefer to livestream sports, especially during the ongoing Cricket World Cup, and surf the web on the go. This first of its kind offer is not limited to the ongoing Cricket World Cup, but will be available afterwards as well.

The Jazz branded Coca-Cola bottles, available at stores across Pakistan, provide consumers of the widely popular drink a chance to win unlimited Jazz Super 4G data by dialing in the code available at the back of each bottle’s label. Just dial 145insert code# from the phone for a chance to win.

Commenting on this partnership, Head of Marketing at Jazz, Kazim Mujtaba stated, “This is the coming together of two giant brands to empower millions of people with free mobile data, especially during the ongoing Cricket World Cup. In a first of its kind initiative, Jazz offers Coca-Cola’s customers a chance to use Pakistan’s fastest mobile internet.”

“Coca-Cola is well known for its innovative and upbeat partnerships, and we are pleased to partner with Jazz for this campaign that focuses on users who love our brand and have acquired the lifestyle of digital nomads. While Coca-Cola is the official sponsor for ICC Cricket World Cup, it also pledges to offer its consumers with the best on-the-go experience this cricket season,” commented Abbas Arslan, Head of Marketing at The Coca-Cola Company, Pakistan.

Coca-Cola is one of Pakistan most favorite beverage with millions of customers, while Jazz is the country’s leading mobile operator serving about 60 million customers. The coming together of these two brands, after the success of the recently concluded Coke Festival powered by Jazz, showcases the mutually beneficial relationship these two enjoy.




Monday, June 17, 2019

Four more filtration plants to be added to the safe water initiative “PAANI”

Four more filtration plants to be added to the safe water initiative “PAANI”

Four more filtration plants to be added to the safe water initiative “PAANI”


Lahore, June 17, 2019: Water is a fundamental resource for the existence and survival of all life forms. UNICEF reports stunted growth in 38 percent of the children under five years in Pakistan. Stunting doesn’t only affect physical growth but also impacts the cognitive and mental development of children.

 To address this issue, CCI Pakistan collaborated with WWF Pakistan to set up safe drinking water filtration plants across the country under project name “PAANI”. Under this initiative, 24 water filtration plants have already been installed between 2013-2018 which continue to serve safe drinking water to approx. 750,000 underprivileged people. 

Keeping in view the success of “PAANI” project, Mr.  Ahmet Kursad Ertin, General Manager CCI-Pakistan, and Mr. Hammad Naqvi Khan, Director General WWF-Pakistan, have signed an agreement to install four more water filtration plants in 2019 across Pakistan. 

CCI Pakistan is a subsidiary of CCI- a multi-national beverage company operating in Turkey, Pakistan, Kazakhstan, Azerbaijan, Kyrgyzstan, Turkmenistan, Jordan, Iraq, Syria and Tajikistan. CCI is a key bottler company in the Coca-Cola system which produces, sells and distributes the Coca-Cola Company beverages.




Tuesday, May 28, 2019

Coca-Cola ranked among top five most admired brands in African awards

Coca-Cola ranked among top five most admired brands in African awards

Coca-Cola ranked among top five most admired brands in African awards


JOHANNESBURG - Global company Coca-Cola said on Sunday it was the only food and beverage brand ranked in the top five most admired brands in Brand Africa’s 7th annual awards.

Coca-Cola was named the fourth most admired brand in Africa based on the opinions spontaneously recalled by consumers and was also named category leader for non-alcoholic beverages, ahead of Pepsi Cola and Fanta. In total, three of the company’s brands, namely Coca-Cola, Fanta and Sprite, appeared in the top 100 brands across the continent.


The Brand Africa 100 ranking is based on a survey among consumers aged 18 years and older, conducted across 23 African countries. These cover all economic regions and collectively account for 80 percent of the continent's population and gross domestic product.

“A large part of building brands that people love, is following our values and working towards solutions that benefit everyone," Coca-Cola head of communications for southern and East Africa Camilla Osborne said.

"To help solve many of the world’s challenges, we apply a few foundational principles to make measurable, meaningful differences."

The Coca-Cola Company offers over 500 brands in more than 200 countries and territories and with its bottling partners employs more than 700,000 people around the world.

- African News Agency (ANA) 




Thursday, May 23, 2019

GREE Pakistan to install 300 Ton capacity HVAC system for Coca Cola Atlanta USA Regional Office

GREE Pakistan to install 300 Ton capacity HVAC system for Coca Cola Atlanta USA Regional Office

GREE Pakistan to install 300 Ton capacity HVAC system for Coca Cola Atlanta USA Regional Office


Lahore, 22 May, 2019: GREE Pakistan HVAC Division, a leading provider of HVAC system installations nationwide, has recently gotten a project of Coca Cola Atlanta USA Regional Office, Gulberg Lahore. GREE is installing HVAC system of 300Ton capacity in this state of the art facility by Coca Cola. HVAC solution is comprised of VRF All DC Inverter system & Fresh air system.

Gree DC Inverter Multi VRF System with its high-efficient inverter compressors have four exciting features. These features are different from those found on traditional inverter air conditioners such as excellent energy-saving effect, greater reliability, precise operation, and smarter network control. These high tech features ensure a pleasant cooling ambience to its users. To meet different electricity demands, it has two energy-saving modes. Choose from auto energy saving mode, when the system self-adjusts its parameters depending on the operation status, providing savings of up to 15% on electricity and thus lowering costs. Alternatively, compulsory energy saving mode means the system limits the power output to save up to 20% of energy. Whether it’s a hot summer or a cool winter, the system works efficiently in a wide range of conditions.

On the occasion, Mr. Rizwan Butt, Chief Operating Officer – DWP Group CE Division, said, “GREE is working to provide energy efficient solutions to big corporations operating in Pakistan; the vision behind the brand is to move the country towards sustainable development and growth through progressive transformation”

GREE HVAC Division has a history of doing such beneficial projects in Lahore including; DHA Raya Golf Club, Chughtai Head Quarter, Sterling Apartments, Orange Line Train project, Shalamar Hospital, Bahria Orchard Hospital, National Hospital, Residential Apartments, and Telecom Projects.

The technological excellence, unmatched services and solutions of DWP HVAC Division has accumulated great expertise in marketing globally-acclaimed, highly reliable products with cutting-edge technologies created by the world’s best companies and experts.




Friday, May 3, 2019

Coca-Cola brings ICC World Cup Trophy to Pakistan

Coca-Cola brings ICC World Cup Trophy to Pakistan

Coca-Cola brings ICC World Cup Trophy to Pakistan


Lahore, Pakistan (May 03, 2019): Coca-Cola Pakistan once again lived up to its reputation of actively supporting the passions of the Pakistani people by bringing the ICC World Cup Trophy to Pakistan for nearly 3 days earlier this week, giving all the opportunity to view it personally and take photos with it. The Trophy arrived in Islamabad in the early hours of May 01 and was moved to Lahore later the next day. In both cities the Trophy was displayed for viewing by the media, members of the digital community and by the public. The Trophy had arrived in Pakistan once before earlier, but coming again now, just a few weeks before the start of the 2019 Cricket World Cup, it served to rejuvenate the passion of all Pakistanis for the country’s participation in the most anticipated and prestigious of all international competitions in the world of cricket. 
The silver and gold Trophy is made up of three silver columns holding a golden globe. The columns represent batting, bowling and fielding and the globe symbolizes a cricket ball. Pakistan last won the World Cup in 1992 under the captainship of Imran Khan. 

Coca-Cola is on board with ICC in a strategic partnership as the exclusive non-alcoholic beverage partner, for the next five years, catering to more than one billion cricket fans around the world. This collaboration will align the strengths of both organizations, with Coca-Cola’s diversified portfolio of hundreds of brands and global presence, and ICC’s resolution to expand cricket’s global footprint as a sport, synergizing to promote cricket worldwide like never before. 

The trophy arrived at Islamabad on May 1, 2019 where it was displayed at the Serena Hotel and from thereon at Marriott hotel on May 2, 2019. From there onwards, the trophy toured its way to be exhibited at the Pearl Continental Hotel in Lahore on May 3, 2019. Cricket fans at the aforementioned venues swarmed in to avail the opportunity of a selfie spree and to freeze the festive moments for posterity.

Rizwan U. Khan, General Manager, The Coca-Cola Export Corporation Pakistan and Afghanistan stated at the occasion, “Coca-Cola has endlessly worked in elevating Pakistan’s positive image on the international front. The arrival of the ICC World Cup 2019 Trophy to Pakistan is evidence of this magnificent achievement, as the passion for cricket is amongst the strongest threads that binds this nation together. The ICC World Cup is an opportunity to once again express national solidarity beyond any intersectional identities and the entire nation stands behind our team in wishing it all the best for bringing the World Cup home. Coca-Cola and ICC recognize and value such passion and sentiments and aspire to creating lasting moments of sheer happiness and joy for all Pakistanis through this collaboration”.

The World Cup squad to be led by Sarfraz Ahmed was announced on April 18 with Pakistan set to make its first mark against West Indies on May 31 at Nottingham. The most anticipated encounter between Pakistan and India, as is the highlight of every World Cup, is slated for June 16. The ICC Men’s World Cup will run from May 30 to July 14, 2019 in England and Wales.



Tuesday, April 30, 2019

Coca-Cola to release Coke and coffee hybrid drink this year

Coca-Cola to release Coke and coffee hybrid drink this year

Coca-Cola to release Coke and coffee hybrid drink this year





By the end of 2019, Coca-Cola will be releasing Coke Coffee in 25 markets around the world to get a foothold in the industry. 

The beverage is just as it sounds: Coca-Cola blended with coffee. With more caffeine than a can of soda, but less than a cup of coffee, the product will be pitched as an energy drink for that mid-afternoon slump, reports CNBC. 

It's not the first time the beverage giant has tried to launch coffee-flavored Coke.

The brand first introduced Coca-Cola Blak in 2006 but discontinued it two years later, CNBC notes. Coca-Cola Australia also launched Coca-Cola Plus Coffee in 2017. 

Last year, Coca-Cola announced plans to acquire UK-based coffee chain Costa for US$5.1 billion, in an attempt to get in on the hot beverage market. The deal closed in January. AFP

Friday, April 26, 2019

Coca-Cola Pakistan and Rotary International arrange media briefing  social well-being project titled ‘Zindagi’

Coca-Cola Pakistan and Rotary International arrange media briefing social well-being project titled ‘Zindagi’

Coca-Cola Pakistan and Rotary International arrange media briefing  social well-being project titled ‘Zindagi’



Karachi, April 25, 2019: Coca-Cola Pakistan and Rotary International arranged a special briefing for media journalists based in Karachi to share updates on the positive impact of their on-going social well-being project titled ‘Zindagi’. This collaborative project with UNDP Pakistan aims to provide clean drinking water to parts of Sindh, Punjab, and KPK identified to be at a high risk of communal and waterborne diseases. Formal briefing was conducted by Aziz Memon, Chairman, Pakistan National PolioPlus Committee, Rotary International at the solar water filtration plant based in Baldia Town area of Karachi.

The media visit particularly highlighted solar water filtration plants, funded by Coca-Cola and installed by Rotary Pakistan PolioPlus, which provide clean drinking water to locals. Twelve solar water filtration plants have been installed in seven locations within Sindh, Punjab, and KPK, with seven in Karachi (Sindh), four in Punjab and one in Peshawar (Khyber Pakhtunkhwa).

“Pakistan remains a polio-endemic country and we aim to make Pakistan polio-free by 2020. There has already been a decrease in the number of polio cases by 90% since 2014, and through the Golden Triangle approach, Coca-Cola has partnered with civil society and Rotary for the eradication of polio through the provision of potable water” commented Fahad Qadir, Director Public Affairs & Communications at Coca-Cola. 

More than 120,000 people have so far benefited from this project, also including around 41,000 children, who now have sustainable access to clean water that is safe for drinking, domestic consumption, and productive use. In addition, 21 workshops on health and hygiene awareness have also been conducted so far in which more than 500 community members participated and more than 3,000 indirect beneficiaries have also been approached. 21 community meetings, attended by 470 local members, have also been arranged so far providing counselling on various health and hygiene related issues to local residents. Overall, this social well-being initiative has so far engaged with an impressive 17,800 number of households which is a sizeable volume on a nationwide scale. 

As a result of these development and education based interventions, an improvement in emotional well-being and overall health is expected amongst 70% of the target population, especially amongst women, which is a positive step forward towards improving the overall standard of living of thousands of men, women and children living in these underprivileged and underserved areas. 




Thursday, March 28, 2019

Dasani Discovery Challenge competition - Plastic Waste Management Solutions Competition Winners Announced

Dasani Discovery Challenge competition - Plastic Waste Management Solutions Competition Winners Announced

Dasani Discovery Challenge competition - Plastic Waste Management Solutions Competition Winners Announced





Karachi, March 28, 2019: Dasani, the bottled water brand of The Coca-Cola Company announced the winners of the Dasani Discovery Challenge competition, which had sought solutions for plastic waste management, a growing societal concern. The competition was launched in November last year at the 021DISRUPT event of the incubator organization, The Nest I/O. Overall 73 entries were received, which were evaluated by a panel of 3 eminent judges, following which a shortlist of 12 entries was made. These shortlisted participants were then invited to make detailed presentations to the judges, based on which the final 3 winners were selected, all of whom happened to be from Karachi.

The first prize of half a million rupees was won by Umer Abid and team, who proposed using plastic waste as a road-building material, as is being done in several countries including Scotland, Dubai, India and Australia. The second prize of Rs. 300,000 went to Umer Farooq and team, who proposed manufacturing of building blocks, paver blocks, roof tiles, park benches, and other items using plastic waste. The winner of the third prize of Rs. 200,000 was Najm ul Hassan whose idea was to create an architectural solution by using PET bottles as building blocks. The closing ceremony of Dasani Discovery Challenge took place on the Lahore edition of Cokefest, where more than 40,000 people were present. 

Speaking about this competition, Rizwan U. Khan, General Manager of Coca-Cola Pakistan said, “The idea of organizing this open competition originated from The Coca-Cola Company’s concern with the global crisis of plastic waste management. In this regard, the Company launched its product packaging policy, ‘World Without Waste’ on January 19, 2018, where the Company will lead the industry in a bold, ambitious goal to help bring back by 2030 a bottle or can for every one that it sells. The goal is to make recycling more accessible to achieve 100% collection and recycling by 2030, creating public awareness about what, how, and where to recycle, with continued focus on making our packaging 100% recyclable.”
One of the judges, Nazifa Butt of WWF-Pakistan stated that it was very encouraging to see the great interest shown in the competition by mostly young people from all over the country, which proves that the youth is quite aware of the growing threat to our future caused by plastic waste, and it is ready to try and come up with solutions to mitigate this threat. She further opined that other companies and brands should also come forward like Dasani to generate further public awareness and interest for this key issue.

Wednesday, March 20, 2019

Kashf Entrepreneurship Awards 2019 recognise female entrepreneurs and artisans

Kashf Entrepreneurship Awards 2019 recognise female entrepreneurs and artisans

Kashf Entrepreneurship Awards 2019 recognise female entrepreneurs and artisans



Karachi (March 19, 2019): Kashf Foundation, with the support of The Coca-Cola Export Corporation Pakistan, organized the Kashf Entrepreneurship Awards 2019, on Tuesday at a ceremony held in Lahore. These annual awards aimed to recognize and honour the efforts and perseverance of Kashf female entrepreneurs and field staff from all across Pakistan, who have contributed to a positive social and economic change for a better future of all, while blazing a trail for the new generation of aspiring women entrepreneurs.

 "Women of Pakistan are as talented and capable as men are. This Women's Day we want to acknowledge the efforts of all our brave women from across Pakistan who have been breaking stereotypes and growing phenomenally as outstanding women entrepreneurs. This event has been about recognizing all our heroic female entrepreneurs and artisans, commented Roshaneh Zafar, MD Kashf Foundation.
Distinguished guests from all walks of life attended the event, including dignitaries, government officials and high-profile celebrities – to celebrate and laud the success of Kashf entrepreneurs and artisans. Awards were distributed by Ms. Roshaneh Zafar, MD Kashf Foundation, Ms. Asmara Nomani, HR Director Coca-Cola, Ms. Bushra Khanum, Senior Manager GESA, Ms. Fauzia Waqar, Chairperson PCSW, Ms. Samina Peerzada, Ms. Haseena Moin and Mr. Jawad Khan, CEO PSDF.
"In 2010 Coca-Cola pledged to empower 5 million women globally by 2020 and we as Pakistan have contributed over 9,000 economically empowered women. Our partnership with Kashf is the best practice example of gender equity by creating women entrepreneurs who support their families through improved livelihoods. Today, we salute these women around us who have been strong and resilient in every way of life," said Asmara Nomani, Coca Cola's HR Director.
Ten inspiring women entrepreneurs and Business Development Officers were recognised for their self-belief, resilience and passion. The awards ranged from honouring the women on their young age achievements, inspiration, community service to innovation and balancing domestic duties alongside their businesses. These women were selected without any discrimination on the basis of caste or religion and solely applauded for their path breaking initiatives, mostle in male dominant communities. 
The event also included awarding the outstanding women from Punjab Skills Development Fund's Skills for Market Linkages Program 2018-19, implemented by Kashf Foundation in the districts of Kasur and Nankana Sahib. 

"The scheme catered for providing sustainable market linkages for talented women in rural areas on the trades of adda work, hand embroidery and tailoring. The enthusiasm with which they participated and completed the 12-month long program, and are now actively participating in commercial activity, was truly inspiring for us and strengthened our belief in their talent and resolve to achieve.", said Mr. Jawad Khan, CEO PSDF, who was also present at the event. 

Kashf Foundation, with the support of all its partners, aims to galvanise a community of influential women entrepreneurs, from the grassroots, to harness their potential with Kashf's financial and non-financial assistance, so they can be the change for themselves and for many others around them.

Monday, March 11, 2019

Sprite Welcomes Home the Top 4 Franchises of Pakistan Super League!

Sprite Welcomes Home the Top 4 Franchises of Pakistan Super League!

Sprite Welcomes Home the Top 4 Franchises of Pakistan Super League!


Sprite, the world’s leading lemon-lime flavoured soft drink, is excited to welcome the top four franchises of Pakistan Super League, namely Peshawar Zalmi, Karachi Kings, Islamabad United and Quetta Gladiators to the home country! The fourth edition of Pakistan Super League 2019 began in the U.A.E on 14th February 2019 and finally, the festivities are coming to Pakistan for the final 8 matches. As the official “thirst quencher” of these teams, Sprite is proud to see these franchises as the top 4 teams of PSL according to the current standings.

Globally, the parent company of Sprite – The Coca-Cola Company has become the official sponsor of the upcoming ICC World Cup 2019. In Pakistan, they have been the pioneer in taking forward the other two passions points of Pakistanis: Food and Music. Coke Studio has become an international sensation and loved by millions while the Coca-Cola Food & Music Festival has evolved into a juggernaut of entertainment for the food lovers. Now, they have also entered the sphere of cricket in Pakistan as Sprite unveiled its partnership with four teams of PSL at the star-studded event in Karachi, which had prestigious guests like the legendary cricketers Wasim Akram and Zaheer Abbas in attendance. The famous sports presenter Zainab Abbas has also emerged as the official ambassador of Sprite for PSL.

The Pakistani identity and the narrative of cultural patriotism and emotional harmony are so deeply embedded within cricket; it seemed a natural fit to foster this partnership with cricket, which will go a long way in portraying the soft image of Pakistan”

Rizwan U. Khan, General Manager of The Coca-Cola Company, Pakistan & Afghanistan Region
Upping the engagement with the audience of PSL, Sprite has also released a TVC which shows star players like Hassan Ali, Sarfaraz Ahmed, Shadab Khan, Faheem Ashraf and Imad Wasim being tantalized by the opening of Sprite bottle at a distance. Apart from this, the digital campaign is also engaging the fans through various activities involving domestic as well as foreign players. For instance, 30 seconds inside scoop on players give the cricket enthusiasts a quick insight on their favourite players. A team challenge called “Pass the Phadda” allows the viewers to see their favourite cricketers completing various physical challenges like push-ups and nominating someone else from a different team to do the same. These activities are further enhancing the excitement and air of competition amongst the fans while setting the perfect mood for the knockout stages.

Finally, the time has come for Pakistan to host the cricketing celebrations in its home ground. Cricket is not only the favourite sport in Pakistan but also a key platform for self-expression for the youth, connecting them beyond social and cultural boundaries. Through these 8 matches, the fans of cricket will get a chance to celebrate their love for cricket and the country while their passion will send a strong message to the global audiences. The world has its eyes set on the mega-event and Sprite is committed to promote the positive image of Pakistan by supporting the teams of PSL across various platforms.



Tuesday, March 5, 2019

Coca-Cola launches new Sprite Lymonade with ‘tart taste twist’

Coca-Cola launches new Sprite Lymonade with ‘tart taste twist’

Coca-Cola launches new Sprite Lymonade with ‘tart taste twist’


The Coca-Cola Company has launched Sprite Lymonade, a new beverage which adds a subtle splash of lemonade to the lemon- and lime-flavoured soft drink.

Available in the US, the beverage is made with 1% juice and has been created in response to the popularity of sparkling lemonade.

The Coca-Cola Freestyle beverage dispenser – which lets consumers mix and match drinks and flavours –had a hand in fueling the Sprite innovation pipeline. The fountain dispenser inspired the 2017 launch of Sprite cherry and Sprite cherry zero when data showed people were adding a shot of cherry flavour to the lemon-lime sparkling drink. Similar insights pointed to an affinity for fusing Sprite and lemonade.

“As we started to develop and taste test it, we realised we had a hit on our hands,” said Ryan Hughes, associate brand manager for Sprite. “Lymonade deliciously marries the sweet, crisp notes of Sprite with the tart-yet-smooth finish of lemonade.”

More than 20 flavours were trialed before the product development team settled with Lymonade, which is said to offer a “tart taste twist”.

A full marketing campaign will promote the new variant, including a TV spot featuring hip-hop duo Rae Sremmurd and a social media campaign capturing fans’ first sips. Sampling events are booked for college campuses and music and sporting events across the US.

“This is unlike anything we’ve ever done before with the trademark – Sprite Lymonade has a unique name, taste and look – so we want to make sure we educate consumers and build awareness about this brand,” Hughes said. “We think we’re on to something really special with this cross-category innovation, so we’re backing the Sprite Lymonade launch with a full media programme.”

Sprite Lymonade is available in the US in 20oz PET bottles. Coca-Cola Freestyle machines will also begin pouring Sprite Lymonade this month in a variety of flavours including peach, strawberry and raspberry, along with zero-calorie versions.



Tuesday, February 19, 2019

If you invested $1,000 in Coca-Cola 10 years ago, here’s how much you’d have now - via CNBC

If you invested $1,000 in Coca-Cola 10 years ago, here’s how much you’d have now - via CNBC

If you invested $1,000 in Coca-Cola 10 years ago, here’s how much you’d have now - via CNBC

Coca-Cola, the parent company of popular soft drink Coke, has proven enduringly successful over the years: It ranked No. 6 on Forbes’ list of the world’s most valuable brands in 2018, with a whopping $57.3 billion value.

The company has gotten its share of celebrity endorsements, too: Warren Buffett says he’s a “Coke loyalist,” and Berkshire Hathaway is a longstanding investor.

If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.

While the company’s stock price has been largely steady over the past decade, though, any individual stock can over- or underperform, and past returns do not predict future results.

Shares fell Thursday and were on track for their worst day since the Great Recession. The company’s stock price fell 7.5 percent and its net sales fell 6 percent. (Net sales still topped expectations.)

Chief executive officer James Quincey told analysts that currency fluctuations, Federal Reserve interest rate hikes and changing tax ratescould be responsible for the stock’s slide. “Clearly, that is leading to an [earnings per share] growth that is not what we aspire to,” he said.

He expressed similar concerns at the 49th World Economic Forum in Davos: “I think we are in the phase of 2019 where we are likely to see a little less growth. It is going to be a slightly tougher year in macroeconomic terms and we need to work our way through it.”

Some analysts see problems facing the traditional soda market overall. Ivan Feinseth, of financial firm Tigress Financial Partners, said on CNBC’s “Squawk Box,” that “there is no growth in carbonated soda,” and that brands like Coke and longtime rival Pepsi need to get creative.

They’ll need to “continue to develop or acquire other alternatives,” Feinseth explains, like sparking water, flavored seltzers, teas and sports drinks, since “that’s where the growth is, in the niche beverage markets.”

Coca-Cola does offer products besides sodas, and it continues to diversify its portfolio. The company made six new acquisitions in 2018, among them coffee chain Costa Coffee. They also own popular beverage brands Dasani, Minute Maid and Powerade.

And Quincey said on CNBC’s “Squawk on the Street” that the company will take time to “absorb” the investments it made last year.

Jim Cramer, host of CNBC’s “Mad Money,” in January, suggested that worries about tougher years ahead could make the company a good buy, since stocks like Coca-Cola and Pepsi could do well during a potential downturn or in case of a stock market crash.

“You buy the stocks of companies that do well in a recession — even though I don’t think we’re going into one — that are also bolstered by lower raw costs,” Cramer said. He specifically highlighted Coca-Cola and PepsiCo: “They’re the safety stocks. That’s what’s worth owning.”

For fiscal year 2019, Coca-Cola is expecting organic revenue growth of 4 percent. “We are being prudent in our outlook for 2019 given the multiple reductions in global economic growth outlook for 2018 and our experiences in some emerging and developing markets,” Quincey said.

If you’re looking to get into investing for the first time, expert investors like Buffett and Mark Cuban suggest you start with index funds, which hold every stock in an index, offer low turnover rates, attendant fees and tax bills. They also fluctuate with the market to eliminate the risk of picking individual stocks.

This article was first published by CNBC https://www.cnbc.com/2019/02/15/if-you-put-1000-dollars-in-coca-cola-in-2009-heres-what-youd-have-now.html and is republished with its permission.





Thursday, January 24, 2019

Coca-Cola empowers microfinance success story at Pakistan’s First Ever Beauty Expo

Coca-Cola empowers microfinance success story at Pakistan’s First Ever Beauty Expo

Coca-Cola empowers microfinance success story at Pakistan’s First Ever Beauty Expo

Karachi, January 25, 2019: Coca-Cola Pakistan will be sponsoring Shabnam Bashir, an up and coming self-made beautician from Lahore, to participate in ‘Beyond Beautiful’ – the first ever beauty expo in Pakistan, to be held in Karachi on January 26 and 27, 2019. Shabnam is one of the 7,500 beneficiaries from the Coca-Cola funded microfinance project ‘5by20 Pakistan’ in partnership with Kashf Foundation, and after qualifying in beautician courses through microfinance loans, Shabnam has now set up her at-home salon which has helped her regain her financial independence and better livelihood for her family. She will now have the opportunity to participate in a live makeup masterclass at the event to raise awareness for her fellow project beneficiaries. 

Speaking about this opportunity, Rizwan Khan, General Manager Coca-Cola Pakistan & Afghanistan highlighted, “The Company has pledged to empower 5 million women by 2020 globally by providing them with microfinance loans and trainings in entrepreneurship. Our women can be truly empowered through financial independence and direct employment in the industry, and through Kashf and Catwalk’s support, we are raising awareness to secure placements for our 7,500 project beneficiaries in beauty, football stitching, handicrafts and retail industry.”

Beyond Beautiful is the first of its kind beauty expo in Pakistan which will highlight and showcase the crafts, products and innovation related to beauty and wellness industry, inviting professionals from across the globe to promote Pakistan’s local beauty industry. Moreover, it will provide a strong networking opportunity for women like Shabnam Bashir who are in the process of growing their at-home businesses in an extremely competitive industry. 




Wednesday, December 12, 2018

Dasani Pakistan to support Unsung Heroes through its Spotlight Campaign

Dasani Pakistan to support Unsung Heroes through its Spotlight Campaign

Dasani Pakistan to support Unsung Heroes through its Spotlight Campaign  



Lahore, December 11, 2018: Dasani, the bottled water brand of The Coca-Cola Company is all set to launch Dasani Spotlight Campaign to support individuals or groups of like-minded individuals devoting their lives for the welfare of others. Such Unsung Heroes in our society are resolutely working across fields, in areas existentially critical for the society at large.

Dasani, introduced in Pakistan earlier this year, has the vision that every individual at some level or another wishes to bring about a positive change not only in self but also in his or her surroundings, and this is the core value that Dasani will inspire, support and celebrate through this campaign. with key focus on environmental, social, educational, economic and artistic fronts.

Dasani is honoring people from among us who are constantly and selflessly striving to make a positive impact in society, but often lack the funds or the infrastructure to be able to increase their scale of impact from what they are already doing. By giving them recognition and bringing them into the public limelight, Dasani is aiming to raise public awareness to support their great causes with implications for society at large.

Speaking about the campaign, the General Manager of Coca-Cola Pakistan & Afghanistan Rizwan Ullah Khan stated, “Action comes from inspiration. Through this campaign, Dasani aims to inspire everyone by highlighting & celebrating stories of people who are already on the journey of making a positive impact around them. We want to make this into a national movement to inspire more real-life heroes with the ultimate goal of making our society more humane and caring.”

With its Spotlight Campaign, Dasani aims to inspire the youth of Pakistan creating a positive ripple effect for the welfare of the society. 




Wednesday, November 28, 2018

Coca-Cola’s delegation calls on PM, reaffirms investment plans

Coca-Cola’s delegation calls on PM, reaffirms investment plans

Coca-Cola’s delegation calls on PM, reaffirms investment plans



Islamabad, A delegation of Coca-Cola Company, Pakistan and bottling partners Coca-Cola Içecek Turkey, led by Mr. Orhun Kostem Regional Director, met Prime Minister Imran Khan at PM Office to discuss their short and long-term investment plans in Pakistan.

Coca-Cola shared that they have already invested over $500m in past 5 years and plan to invest another $200m in the coming years. This will create new jobs, support ancillary industries and help the Government earn incremental revenue through taxes, as the business grows further. The delegation expressed confidence in current Government and hoped that Coca-Cola’s investment will encourage other international companies to invest in Pakistan.

The delegation also discussed some issues including the issue of taxes and black economy that are hampering industry’s growth.

Prime Minister Imran Khan appreciated Coca-Cola’s confidence in Pakistan and assured his Government’s complete support for investors’ agenda. He shared his vision to make Pakistan a regional economic hub.

Advisor to Prime Minister on Commerce, Textile, Industry & Production and Investment Mr. Abdul Razak Dawood was also present during the meeting. Also present in the meeting were Rizwan Khan, John Galvin, Servet Yildrim, Fahad Qadir, Hasan Adnan, Faisal Hashmi and Murad Akram.




Friday, November 9, 2018

Dasani to Launch Innovation Challenge for Countering Plastic Pollution

Dasani to Launch Innovation Challenge for Countering Plastic Pollution

Dasani to Launch Innovation Challenge for Countering Plastic Pollution

Karachi, November 08, 2018: Dasani, the purified bottled drinking water brand of The Coca-Cola Company will be launching a nationwide plastic recycling innovation competition, - “The Dasani Discovery Challenge” at the second annual technology conference 021Disrupt being organized by the The Nest I/O, the technology incubator and community hub of the Pakistan Software Houses Association (P@SHA) on November 10 and 11 in Karachi. The open competition will seek innovative, efficient, doable and cost-effective ideas to reduce and recycle plastic waste of all types, in line with the Company’s global commitment to work for a World Without Waste 

The Dasani Discovery Challenge will invite participants to submit brilliant new ideas which are practically doable and highly effective to counter growing plastic pollution. Ideas submitted can focus on any area within the broader domain of plastic waste management, i.e. reduction in plastic use, collection of plastic waste, its sorting and recycling. The core focus of the challenge for the participants will be to showcase their innovative ideas highlighting, PET collection models and awareness creation strategies, PET sorting model; to sort Coca-Cola PET bottles out of the general plastic waste (shopping bags, wrappers, labels, food packaging etc) and PET recycling models for effective and efficient recycling

Speaking about the activity, Rizwan U. Khan, General Manager of The Coca-Cola Company, Pakistan & Afghanistan Region said, “As a responsible corporate citizen, The Coca-Cola Company believes in taking the lead with a diverse array of interventions for environmental protection . To this end, the Company is actively partnering with local communities, NGOs, industry, the government, and with consumers, to also work together to try and ensure that packaging doesn’t end up where it doesn’t belong.”

In light of the global crisis of waste management The Coca-Cola Company launched its product packaging policy; ‘World Without Waste’ on January 19, 2018, where the Company will lead the industry in a bold, ambitious goal: to help bring back a bottle or can for every one we sell by 2030. The goal is to make recycling more accessible to achieve 100% collection and recycling by 2030, creating public awareness about what, how, and where to recycle, with continued focus on making our packaging 100% recyclable. 

The innovation challenge will be announced and open for entries on November 11, 2018 on Day 2 of 021Disrupt by Coca-Cola and entries will close on December 11, 2018. Details of the challenge and entry process will be shared on www.coca-colajourney.com.pk. For further queries about the challenge, participants can email on cpakistanpac@coca-cola.com . 


About the Company:
The Coca-Cola Company (NYSE: KO) is a total beverage company, offering over 500 brands in more than 200 countries. In addition to the company’s Coca-Cola brands, our portfolio includes some of the world’s most valuable beverage brands, such as AdeS soy-based beverages, Ayataka green tea, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, innocent smoothies and juices, Minute Maid juices, Powerade sports drinks, Simply juices, smart water, Sprite, vitamin water and ZICO coconut water. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We’re also working to reduce our environmental impact by replenishing water and promoting recycling. With our bottling partners, we employ more than 700,000 people, bringing economic opportunity to local communities worldwide. Learn more at Coca-Cola Journey at www.coca-colacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.




Tuesday, September 18, 2018

Coca-Cola arranges media study tour with UNDP, MGPO in Skardu

Coca-Cola arranges media study tour with UNDP, MGPO in Skardu

SKARDU (PR) Coca-Cola arranged a media study tour at the Food and Water Security Project site in Skardu, Gilgit Baltistan, in collaboration with the United Nations Development Fund (UNDP) and Mountain and Glacier Protection Organisation (MGPO).



The $36,000 project which has replenished more than 2 billion litres back to the communities since 2016, is currently in its phase 3 and is funded by the Coca-Cola Foundation.



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