- yellow knifeTop contributor
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FMCG Honey-moon
Today Mirror Business P1
Consumer driven rally to cool off soon with fiscal tightening
So those who live on the dream of booming food and beverage sector take a note of underlying economic issues.
- කිත්සිරි ද සිල්වාTop contributor
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Re: FMCG Honey-moon
I was wondering whether it would be felt to counters like RICH too?
(Hold considerable amount there).
- yellow knifeTop contributor
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Re: FMCG Honey-moon
1 Sri Lankan July trade gap narrows sharply
Noteworthy foreign outflow ahead of Fed decision
Tourism earning up: remittances moderate
2. Consumer driven rally to cool off soon
3. Employers federation to break plantation wage deadlock
4. Mid-range hoteliers must change business model for survival
5 Rupee ends steady on state bank dollar sales
We have to seriously study the ground that we play and now try to figure the whole picture instead of patching up here and there and predict.
- yellow knifeTop contributor
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Re: FMCG Honey-moon
Ceylon Cold Stores
Bairaha Farms
So far confirm the massive growth of EPS of FMCG sector.
When salaries of state employees increased substantially and when oil price is kept low, it created a consumer driven market.
Continuity of the FMCG rally depend on next fiscal policy direction
- smallvilleTop contributor
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Re: FMCG Honey-moon
- yellow knifeTop contributor
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Re: FMCG Honey-moon
At the end I too believe BFL will have more chances of maintaining the earnings...Just imagine increasing the inflow of tourists by few millions is like adding consumption demand...
- rameez
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Re: FMCG Honey-moon
- yellow knifeTop contributor
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Re: FMCG Honey-moon
This is my observation..(may be just one incident or may be in general ) The tourists who accommodate in Royal Palm Beach Hotel (5 star) who take all inclusive dinner are absent during lunch..
They sun bath on the sands and next move out to a nearby small house where they get lunch..
Why?
Either you can argue that they are so concerned about the cost...but I think its the different experience they seek...
Being a tourist they like to get what they do not get in their country.. People who talk English in different accent in half sentences, eating amazing food that is not available on standard menu every where, and enjoy the surrounding which is different....
We need not to have all the wealthy people and to assume a tourist as a walking-ATM , but a human being irrespective of how much he is willing to spend here..
- smallvilleTop contributor
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Re: FMCG Honey-moon
- yellow knifeTop contributor
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Re: FMCG Honey-moon
On my recent visit to N'Eliya I visited Sada Thanna... A nice location which was not opened for public earlier..
You cannot go in your own vehicle after reaching the ticket counter you have to take a safari Jeep..In this Jeep you can reach upto a center point where you can see 360 Panoramic view...Then only you can get out of the Jeep and take Photos...
The driver said " This place is attractive for Arabic and Sri Lankan only,, who do not like walking...
White man like to walk, cycle and move freely than just travel in a vehicle and take photos..."
But when we see a cycling White Man/Woman we say these are cost conscious tourists... Aren't they adventure conscious...?
- කිත්සිරි ද සිල්වාTop contributor
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Re: FMCG Honey-moon
That is what many tourists do these days.
The older definition of Tourists drawn in our mind has to change now.
If we are to reap the benefits of this new segment then we have to get our act polished.