Real coconut arrack may soon become history warns Harry J
“100% coconut products out of reach of the customer due to prevailing taxes”
Distilleries Company boss Harry Jayawardena has warned that “real coconut arrack will soon be out of the market” if the concerned authorities do not look into the “step-motherly treatment” now being accorded to the coconut arrack industry.
Jayawardena, the Chairman and Managing Director of the Distilleries Company of Sri Lanka PLC (DCSL) has sounded this warning in the recently published annual report of the company where he has complained about prevailing exorbitant pricing structure of coconut arrack with sales volumes shrinking daily. …