Chang Beer’s new look was a hit.
When ThaiBev launched a sleek new green bottle for its flagship Chang Beer brand, the market reaction was almost inebriating. The group’s net profit from beer surged by a staggering 207% year-on-year, while its total market share jumped from 30% to 38% in the span of a few quarters. (more…)
Recently ThaiBeverage Public Company Limited have presented their performance in 2015. The total sales revenue has grown 6.2% to Baht 172,049 million. (more…)
DBS Vickers Securities is keeping its “buy” call on Thai Beverage with a target price of 82 cents. (more…)
Producers of aluminum cans, as well as the sheet they are made from, are expanding Southeast Asian output capacity in anticipation of sharp growth in beverage-packaging demand. (more…)
If you’ve dined in one of the 5,000 or so Thai restaurants in the U.S. (and bothered to check its beverage selection), you may have noticed a beer called Chang. Brewed in Thailand, Chang (actually pronounced “chong”) is Thai for elephant. And much like an elephant, Chang beer is moving with a slow and steady determination. After a decade of building a limited U.S. presence, the brand is ready to go national. (more…)
Investors in Big C (BIGC.BK), one of Thailand’s largest supermarket chains, cheered on Monday an up to $3.5 billion deal by France’s Casino Group (CASP.PA) to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi. (more…)
Crack open a bottle of Chiang Mai Weizen from Thailand’s first legal craft brewery, Chiang Mai Beer, and out pours a light straw color, almost golden or banana yellow. There’s a slight haze, typical of the weizen, or wheat style. (more…)
Thai Beverage (TBEV.SI) has used its Singapore-listed unit Fraser and Neave (FRNM.SI) to bid for SABMiller’s (SAB.L) Peroni and Grolsch beer brands, the Thai firm’s Chief Executive Thapana Sirivadhanabhakdi said on Monday. (more…)
Thailand’s Chang beer will fill more mugs in Cambodia after inking an exclusive distribution contract with the country’s Attwood Import and Export. (more…)
Thai Beverage (ThaiBev) is one of four companies vying for three beer brands put on sale by Anheuser-Busch InBev, according to Financial Times. (more…)
