Alcohol Sales
From Singapore Slings to Vegas pours: ecoSpirits tackles spirits’ packaging waste, now eyes other sectors
Invented in the Republic, the startup’s reusable bottle system is used by big names such as Bacardi, Diageo and Absolut Vodka
Vietnam parliament approves hiking tax on alcoholic drinks to 90% by 2031
[HANOI] Vietnam’s National Assembly on Saturday (Jun 14) approved a proposal to raise the special consumption tax on alcoholic beverages to 90 per cent by 2031 from the current 65 per cent, a move tha...
ThaiBev Q2 profit down 3.2% at 6.7 billion baht; declares dividend of 0.15 baht per share
Group notes that the Thai economy has ‘showed signs of steady recovery’; unlikely to be affected by US tariffs
ThaiBev expected to still dominate domestic market as Thailand eases liquor production laws
High barriers to entry for small producers and entrepreneurs abound, including time needed to build up networks, maintain quality control
From craft beer to cask: RedDot BrewHouse expands repertoire to spirits
Its new distillery business offers two brands of ‘Made in Singapore’ whisky, gin and rum
Consumers still high on craft beer, but market is sobering up with belt tightening and closure of Archipelago, Trouble Brewing
Artisanal beer companies in Singapore also hit by surging malt costs and an overcrowded market
Spirits set to overtake wine as global drinking habits change
Global preferences are shifting towards fewer and more expensive drinks