Beer

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

From left: Brothers Tan Wee Tuck, Wee Han and Wee Lee at the Enterprise 50 Awards ceremony in 2024, where Brewerkz was one of the winners.
ENTERPRISE 50

Brewing success: How three brothers turned Brewerkz Group’s fortunes around

From contemplating closure during Covid-19, the F&B group turned around to win an Enterprise 50 award

ThaiBev's H1 net profit is down 3.2% year on year at 14.2 billion baht.

ThaiBev optimistic in Thailand for second half of 2026 despite weaker beer sales

Revenue for the segment is down 5.4% at 62.6 billion baht for the six months ended Mar 31

Heineken has reported a 2.8% rise in Q1 organic net revenue, ahead of analyst expectations of a 2.3% rise.

Heineken beats forecasts in Q1, but wary on Iran war effects

The fuel it needs to brew its products and make glass bottles is becoming more expensive

Tiger Beer has built a global following since its launch in 1932., and is available in more than 75 markets.

Tiger Beer’s 100-year history: From Singapore birth to global production

The Business Times looks back at how the brand earned its stripes over the years

Today, Tiger Beer is brewed in multiple markets to serve local demand.
COMMENTARY

Tiger Beer, brewed in Vietnam – but still Singaporean?

If the national tipple is no longer brewed here at scale, what anchors its Singapore identity?

In time, APBS' brewery in Tuas will be redeveloped to support regional logistics and innovation activities, including a pilot brewery.

Asia Pacific Breweries to quit Singapore production for Malaysia and Vietnam

As part of the transition, about 130 staff will be laid off over the next two years

Guinness-owner Diageo is working with Goldman Sachs Group and UBS Group to review its operations, which include a more than 63% stake in Sichuan Swellfun.

Guinness-owner Diageo is said to weigh options for China assets including sale

The company is trimming global holdings as falling alcohol use hurts efforts to push pricier drinks

The fermentation room in the Westmalle Trappist brewery.

Belgium’s beer-brewing monks battle threat to their way of life

Grey market suppliers and a changing world are forcing Trappist monasteries to rethink how they do business