Alcohol Sales
Alcohol drinking will shrink in the next decade, research finds
People will be drinking less, with global annual per capita litres of pure alcohol set to drop
World’s biggest brandy maker and Dalmore owner sees an opportunity to expand into agave-based spirits
Philippines-based Emperador thinks consumer preferences for tequila and mezcal are changing
Why these are sobering times for alcohol companies
Producers have been forced to cut costs, replace executives and roll out new offerings amid declines in demand
ThaiBev H1 profit falls 3.2% to 14.2 billion baht on impairment loss
An interim dividend of 0.15 baht per share is declared for the half-year
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
