THAI Beverage Public Company made a net profit of 18.9 billion baht (S$756.3 million) in the nine months of its truncated 2016 financial year.
The third-largest company in the world’s biggest Buddhist-majority country is ThaiBev, which makes its money selling rum and beer to a population whose religious texts exhort them to abstain from alcohol.
One evening at a bar in Myanmar, a bartender hands me a glass of local beer he nicely pours out of the tap. “Myanmar has a number of local beers and drinks you can enjoy. It is actually a kind … Continue reading
Phuket-based Full Moon Brewworks grabs an international prize It’s mission accomplished for Thai craft-beer pioneer Full Moon Brewworks, which after years of hard work snatched the gold medal at the recent World Beer Awards in London. Now it’s ready to … Continue reading
According to the company’s internal announcement on Wednesday, its board of directors has approved a new organizational structure, effective October 1, 2016, to pursue Vision 2020 aspirations in becoming a stable and sustainable ASEAN leader in beverage industry.
Thai Beverage Public Company Limited (SGX: Y92) has an ambitious target of having more than 50% of its revenue coming from outside of Thailand by the year 2020. Currently, the company generates more than 90% of its revenue within Thailand. … Continue reading
Thai Beverage Plc (ThaiBev), the country’s biggest drinks company, says it is ready to pursue mergers and acquisitions on the back of its financial strength.
Amid a largely tepid Singapore bourse, Thai Beverage has stood out with its frothy rise this year, attracting investors with its dominance in Thailand’s alcohol market and strong earnings growth.
Sun-dried bananas and chilli paste are just some of the unusual ingredients that go into local craft beers. SIX LOCALLY brewed suds are to be crowned “leaders of the pack”, when the country’s first craft beer competition takes place next … Continue reading