The Business Times
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Alcohol Sales

Lifestyle

Alcohol drinking will shrink in the next decade, research finds 

Emperador, which owns brands such as The Dalmore, thinks changing consumer preferences could represent an opportunity for it to enter the mezcal market.
Asean Business

World’s biggest brandy maker and Dalmore owner sees an opportunity to expand into agave-based spirits

Health concerns and tighter household budgets are prompting people to drink less.
Lifestyle

Why these are sobering times for alcohol companies

The maker of Chang Beer says that excluding a one-off loss, its attributable profit from normal business operations would have been 16 billion baht.
Companies & Markets

ThaiBev H1 profit falls 3.2% to 14.2 billion baht on impairment loss

EcoSpirits replaces the traditional “make-use-dispose” model with a closed-loop system that includes the ecoTote – a 4.5-litre reusable container.
Singapore

From Singapore Slings to Vegas pours: ecoSpirits tackles spirits’ packaging waste, now eyes other sectors

Vietnam’s beer industry, led by Dutch brewer Heineken, Denmark’s Carlsberg, and local brewers Sabeco and Habeco, has already faced challenges from stringent drink-driving laws introduced in 2019, which set a zero-alcohol limit for drivers.
International

Vietnam parliament approves hiking tax on alcoholic drinks to 90% by 2031

ThaiBev's earnings per share for Q2 was 0.27 baht, down from 0.28 baht a year ago.
Consumer & Healthcare

ThaiBev Q2 profit down 3.2% at 6.7 billion baht; declares dividend of 0.15 baht per share

The IWSR, a London-based market research firm for the global beverage industry, has witnessed a dramatic fall in per-capita drinking in recent years, from 5 litres of pure alcohol per adult per year in 2013, to 3.9 litres in 2023.
Opinion & Features

We may have already hit peak booze

ThaiBev, the maker of Chang Beer, has built up an entrenched distribution network in Thailand over several years, analysts said.
Asean Business

ThaiBev expected to still dominate domestic market as Thailand eases liquor production laws

The distillery's operations include a 1,000 sq ft cellar, housing more than 100 barrels, says Crystalla Huang, brewmaster at RedDot BrewHouse.
SGSME

From craft beer to cask: RedDot BrewHouse expands repertoire to spirits

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