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ECCP: Food and Beverage for All Forum

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The European Chamber of Commerce of the Philippines together with the EU Philippines Business Network in collaboration with the Beverage Industry Association of the Philippines (BIAP) will hold a forum entitled “Food and Beverage for All: Analysis of the Economic, Health, and Government Revenue Implications of the Excise Tax on Sugar Sweetened Beverages” on July 27. The event will be a platform for a balanced discussion between the private and the public sectors concerning the possible effects of the excise tax.

 

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The European Chamber of Commerce, together with the EU Philippine Business Network (EPBN), is concerned about providing quality and affordable food and beverage products through fair competition.

 

Under Section 150-A. on Sugar Sweetened Beverages of House Bill 5636 Tax Reform for Acceleration and Inclusion (TRAIN) will impose a PhP10 per liter on sugar sweetened beverage, both artificial and natural sugar. The industry expects that the tax will mainly burden low-income consumers who widely purchase sweetened beverages, such as coffee, energy drinks, among others.

 

The Chamber in collaboration with the Beverage Industry Association of the Philippines (BIAP) will hold a forum entitled “Food and Beverage for All” with the topic on the “Analysis of the Economic, Health, and Government Revenue Implications of the Excise Tax on Sugar Sweetened Beverages.” The forum will be a platform for a balanced discussion between the private and the public sectors concerning the possible effects of the excise tax. The Forum will also provide a multifaceted perspective on the impact of excised tax on sugar sweetened beverages to consumers, the government and the beverage industry through:

  • An economic analysis of House Bill 5636 Section 150-A to low-income consumers.
  • A healthcare perspective of sugar sweetened beverages.
  • A revenue analysis of the excise tax to government revenue.

 

The Food and Beverage for All Forum is a breakfast forum with different beverage stakeholders that will be affected by the sugar sweetened beverage excise tax. It will feature an academic presentation on the economic impact of the excise tax on sugar sweetened beverages.

 

The Forum will target 200 delegates coming from the public and private sectors. The public sector will include prominent Senators and key public officials of government agencies such as, Department of Finance, Department of Trade and Industry, Department of Agriculture, National Economic and Development Authority, Sugar Regulatory Administration, and and other relevant government agencies. Also invited are concerned consumer and labor organizations, Philippine Manila Sari-sari Store Association, product distributors and other relevant stakeholders of the Food and Beverage Industry.

 

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Food & Beverage for All:
An Analysis of the Economic, Health, and Government Revenue Implications of the Excise Tax on Sugar Sweetened Beverages 
7:30 AM – 11:30 AM | 27 July 2017 | Ballroom 2, Fairmont Hotel, Makati
Php 2,500 for ECCP & BIAP Members | Php 2,800 for Non-Members
For inquiries/registration, call Elena Tabu at 8451324 or email mac.bensal@eccp.com

 

 

Media Release by: European Chamber of Commerce of the Philippines
Posted by: Anna Stiva

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Photo source:
Collage by Expatch:
a. Softdrink bottle caps – by Pexels for Pixabay – https://pixabay.com/en/drinks-beverage-beverages-1283103/
b. Wine and wine bottle – by congerdesign for Pixabay – https://pixabay.com/en/wine-wine-glass-wine-bottle-2353696/

 

 

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