scholarly journals Potential Global Competitiveness of Sri Lankan Virgin Coconut Oil Industry

2018 ◽  
Vol 11 (1) ◽  
pp. 1520-1526
Author(s):  
Pivithuru Janak Kumarasinghe ◽  
Savinda Perera
Keyword(s):  
Sri Lanka ◽  
Market Share ◽  
Raw Materials ◽  
Coconut Oil ◽  
Oil Industry ◽  
Local Market ◽  
Sri Lankan ◽  
Virgin Coconut Oil ◽  
Export Competitiveness

The study focuses on Sri Lankan virgin coconut oil industry because of it is one of the upcoming export products and also its position as one of the key player in the global market. Sri Lankan coconut industry is one of the major foreign exchange and employment generation source and element of the Sri Lankan nation. The study attempted to unearth the determinants of export competitiveness of virgin coconut oil industry in Sri Lanka by drawing attention on Porter’s theory of the competitive advantage of nations. The target population of the study consisted with individual firms which are engaging in virgin coconut oil export in Sri Lanka is two hundred and nineteen. The study used a likert scale to measure the chosen variables. Based on the Pearson Correlation analysis researcher can say that there is significance strong positive relationship between Availability of Raw materials, Quality of demand and Market share of export with the Export Competitiveness. According to regression analysis researcher can say that availability of Raw materials, Local market, Quality of demand and Market share of export has significance positive affect on Advantage of Export Competitiveness.

scholarly journals REVIEW: PEMANFAATAN BROMELAIN PADA BEBERAPA PANGAN LOKAL INDONESIA

2019 ◽  
Vol 10 (1) ◽  
pp. 33
Author(s):  
Warsono El Kiyat ◽  
Kevin Reynaldo ◽  
Jeremiah Irwan ◽  
Eryd Saputra
Keyword(s):  
Local Food ◽  
Ph Value ◽  
Raw Materials ◽  
Coconut Oil ◽  
Water Soluble ◽  
Ananas Comosus ◽  
Soluble Nitrogen ◽  
Fish Sauce ◽  
Virgin Coconut Oil

Bromelain is one of the protease that can be produced from all of parts of the pineapple plants (Ananas comosus). It has potential to improve quality of local Indonesian food such as tempeh gembus, virgin coconut oil (VCO), and dumbo catfish based fish sauce (DCBFS). Tempeh gembus is a traditional food that has unique characteristics especially in its taste because it contains amino acids. VCO attracts consumers because of its health aspect. Its raw materials are available in Indonesia. DCBS  is a product of fermented fish with salt that has a distinctive taste and is produced in Indonesia. This study aimed to analyze the effect of bromelain on local Indonesian food and its applications. The result showed that the use of bromelain in local Indonesian food could improve the quality and nutritional value of local food. Bromelain can be used in local food like tempeh gembus, virgin coconut oil, and fish sauce from dumbo catfish. The use of bromelain in tempeh gembus could  increase both of the water-soluble nitrogen level and the pH value. However, the addition of bromelain in the production of virgin coconut oil and fish sauce from dumbo catfish could increase the yield of theirs. .

scholarly journals The Effects of Grated Coconut Heating and Harvesting Technique on the Productivity and Quality of Virgin Coconut Oil

2008 ◽  
Vol 22 (2) ◽  
pp. 135-142
Author(s):  
Sutardi Sutardi ◽  
◽  
Umar Santoso ◽  
Anggia Anggia ◽  
◽  
...  
Keyword(s):  
Coconut Oil ◽  
Virgin Coconut Oil ◽  
Harvesting Technique

The Development of Accounting and Financial Reporting Practices in Sri Lanka: An Exploratory Investigation

2019 ◽  
Vol 54 (02) ◽  
pp. 1950008
Author(s):  
Jayasinghe Hewa Dulige ◽  
Nadana Abayadeera ◽  
Muhammad Jahangir Ali ◽  
Paul Mather
Keyword(s):  
Sri Lanka ◽  
Financial Reporting ◽  
Reporting Quality ◽  
Sri Lankan ◽  
Reporting Practices ◽  
Political Interference ◽  
Key Stakeholders ◽  
Exploratory Investigation ◽  
Chartered Accountants

In this paper, we examine the factors that influence the development of accounting and reporting practices in Sri Lanka in the backdrop of its political and economic environment. We find that the early days of accounting in Sri Lanka were heavily influenced by the British colonial system. Subsequently, its greatest influence was derived from the regulatory and institutional framework backed by local and British professional accounting bodies. We also interview key stakeholders to draw insights on how the institutional factors contribute to the development of financial reporting in Sri Lanka. We discover that the Institute of Chartered Accountants of Sri Lanka (ICASL) is a key player in developing and implementing accounting standards and the best financial reporting practices. We observe that although the Sri Lankan Government has undertaken many initiatives to improve the quality of financial reporting, monitoring and enforcing regulations remain weak partly due to political interference. Therefore, we suggest that strengthening the existing regulatory mechanisms will help to improve the reporting quality and build investor confidence.

scholarly journals An overview of factors that affected in quality of virgin coconut oil

2019 ◽  
Author(s):  
Arie Febrianto Mulyadi ◽  
Matthias Schreiner ◽  
Ika Atsari Dewi
Keyword(s):  
Coconut Oil ◽  
Virgin Coconut Oil

scholarly journals Processing of Virgin Coconut Oil in Sri Lanka Using Cold Extraction Method: An Economic Analysis

CORD ◽  
2008 ◽  
Vol 24 (1) ◽  
pp. 11
Author(s):  
Pathiraja, P.M.E.K ◽  
Fernando, M.T.N ◽  
Jayasundera, J.M.M.A
Keyword(s):  
Sri Lanka ◽  
Coconut Oil ◽  
World Market ◽  
Market Potential ◽  
Export Market ◽  
Economic Viability ◽  
Virgin Coconut Oil ◽  
Net Return ◽  
Market Opportunities ◽  
Economic Analyses

Virgin Coconut Oil (VCO) is a newly introduced product in Sri Lanka with a high export market potential. Only a few entrepreneurs however, are capitalizing on this opportunity due to several factors such as lack of rigorous economic analyses and unavailability of information on export market opportunities. Against this background, this study attempts to analyse the economic viability of this enterprise in Sri Lanka. Interestingly, it was found that the VCO provides the highest net return per 1000 coconuts utilized compared to the other traditional coconut kernel products. The pay-back period for the initial investment on machineries was little over a month under current prices of inputs and outputs. Sensitivity analysis suggests that the crucial factor that determines the economic viability of this enterprise is world market VCO price and the sensitivity of the net return of VCO production for the nut price is very low. The break-even price of one liter of VCO was found to be US $ 4.8 whereas it receives US $ 8 in the export market. This study concluded the need of encouraging VCO production in Sri Lanka, given the long-term brighter outlook of the global VCO industry.        

scholarly journals APPLICABILITY OF POLYMER BUILDING MATERIALS FOR PRODUCTIVITY ENHANCEMENT AND COST REDUCTION IN SRI LANKAN BUILDING INDUSTRY

2021 ◽  
Author(s):  
S.D. Wijeratne ◽  
◽  
K.A.K. Devapriya ◽  
S.D. Gallage ◽  
◽  
...  
Keyword(s):  
Sri Lanka ◽  
Questionnaire Survey ◽  
Cost Reduction ◽  
Building Materials ◽  
Raw Materials ◽  
Quantitative Model ◽  
Building Construction ◽  
Polymer Materials ◽  
Sri Lankan ◽  
Structured Interviews

Building construction contributes to a substantial consumption of raw materials compared to other sectors in Sri Lanka. Despite the excessive consumption of raw materials, industry is suffering due to low productivity and economic inefficiency. Thus, the circumstance has led to employ alternative building materials to overcome productivity and cost inefficiency with favourable impacts on sustainability. Polymer has become a global phenomenon with increasing demand as sustainable alternative. Polymer facilitates multiple applications in building construction due to its supreme properties and characteristics. Thus, this research focused develop a quantitative model based on factors related to productivity enhancement and cost reduction to measure the applicability of polymer materials in Sri Lankan building construction. A mixed approach consisting of semi structured interviews followed by a questionnaire survey was adapted for conduct this study. 12 experts were selected for the semi structured interviews and 34 respondents participated for the questionnaire survey. The significance of favourable impact to the productivity and cost efficiency of using polymer materials have been identified in the study. The study discussed the applicability of polymer types in building sector in Sri Lanka and derived resulted in a quantitative model to measure applicability of polymer adoption in the terms of productivity and cost related factors. Study concluded that inherent properties of polymers, buildability, ability to prefabricate, life cycle cost, handling would improve the applicability to local context. Further, relationship identified through the regression model would assist practitioners to select polymer materials while enabling researchers to improve the quality of the products.

scholarly journals ANALISIS KELAYAKAN AGROINDUSTRI VIRGIN COCONUT OIL(STUDI KASUS KELOMPOK TANI ANUGRAH KELURAHAN TANDURUSA KECAMATAN AERTEMBAGA KOTA BITUNG)

2016 ◽  
Vol 12 (3A) ◽  
pp. 147
Author(s):  
Sakila ., Rahman ◽  
Vicky V.J. Palenewen ◽  
Femi H. Elly
Keyword(s):  
Raw Materials ◽  
Coconut Oil ◽  
Variable Cost ◽  
Fixed Costs ◽  
Total Revenue ◽  
Sample Collection ◽  
Virgin Coconut Oil ◽  
Group Data ◽  
Break Even Point ◽  
Result Analysis

This study aims to analyze how much profit out of the business of agro-industry Virgin Coconut Oil and analyzing the feasibility of agroindustrial Virgin Coconut Oil of Grace Farmers Group in Tandurusa Village Aertembaga Sub=District, District of Bitung. This research method is a method of Agro-industry survey on business Tandurusa Grace Farmer Group. Data were collected through interviews using a questionnaire technique. Methods of sample collection is done use purposive sampling) are members of farmer groups Grace. Analyzed using profits to the equation TC = TFC + TVC, TR = Q. P, Π = TR - TC. Then proceed to calculate the value of R / C which is the ratio between the total revenue with total costs incurred during the production process, wherein if R / C> 1 = worthy, R / C = 1 = breakeven, R / C <1 = not feasible. To find out if this Virgin Coconut Oil Agroindustri no profit or loss by the use of analysis Break Even Point (BEP). Result analysis and discussion shows that the total variable cost is Rp. 81.96 million, / year and total fixed costs are Rp.8.295.000, - / year, while total revenue was Rp. 249 600 000, - and BEP production was 61.75 liters and the BEP price is Rp.12.343.750 / year and Rp. 1,028.645, - / month and Rp. 85.720, - / 2day. Total profit / year is Rp. 159 345 000, - / year. With the value of R / C ratio is 3, so that it can be concluded that the Virgin Coconut Oil Agroindustri Poktan Grace Village Tandurusa experiencing gains and financially feasible to be developed because it exceeds the BEP and also R / C Ratio of her that is> 1. Fluctuations in the price and availability of raw materials greatly influence Virgin Coconut Oil production. Venture capital also influences the production of Virgin Coconut Oil. Agribusiness Virgin Coconut Oil provides an opportunity to increase income of farmers' income and employment opportunities and improve the State Foreign Exchange.

scholarly journals Data on the use of virgin coconut oil and bioethanol produced from sugar palm sap as raw materials for biodiesel synthesis

Data in Brief ◽  
2020 ◽  
Vol 29 ◽  
pp. 105199
Author(s):  
Sanusi Gugule ◽  
Feti Fatimah ◽  
Chaleb Paul Maanari ◽  
Trina Ekawati Tallei
Keyword(s):  
Raw Materials ◽  
Coconut Oil ◽  
Virgin Coconut Oil ◽  
Biodiesel Synthesis
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