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Search Result for “beverage business”

Showing 1 - 10 of 21

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GENERAL

SME event to promote trade amongst small businesses

Business, Phusadee Arunmas, Published on 17/06/2024

» The public and private sectors have joined hands to generate marketing opportunities for small and medium-sized enterprises (SMEs) through a new trade show named Thailand SME Synergy Expo 2024, featuring products and services that supports business matching.

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GENERAL

Govt to chase pink baht after Pride nets B4.5bn

Aekarach Sattaburuth, Published on 16/06/2024

» The government expects June's Pride Month will generate more than 4.5 billion baht in cash flow for the economy, according to Deputy Prime Minister and Commerce Minister Phumtham Wechayachai.

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GENERAL

Vietnam plans to raise booze consumption tax from 65% to 100% by 2030

Published on 14/06/2024

» HANOI: Vietnam's Finance Ministry has proposed to hike a special consumption tax on alcoholic drinks to 100% by 2030, the ministry said, a move that may further hurt the country's beverage industry.

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INVESTMENT

Investor confidence stalls out

Business, Published on 12/06/2024

» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone for a fourth consecutive month in May, attributed to international conflicts, inflation and baht fluctuation.

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GENERAL

TCP Group Furthers International Success with Expansion to Africa, India, and the Middle East

Published on 08/06/2024

» The global pandemic has ushered in a lifestyle prioritising health consciousness, driving consumers to seek food and beverage alternatives that offer health benefits and sustainability. This trend has enabled businesses to innovate and introduce new dietary options.

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GENERAL

Index might keep trading sideways

Business, Published on 08/06/2024

» The downtrend on the Stock Exchange of Thailand persisted in May, despite a temporary rebound when the SET index briefly surpassed 1,370 points early in the month. The index peaked at 1,389 points before pulling back below 1,370. Among the key factors expected to influence trading going forward:

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THAILAND

IF Launches Thai Flavours to Global Market

Published on 06/06/2024

» Mr. Pongsakorn Pongsak, Chief Executive Officer of INNOVATIVE FOOD AND BEVERAGE PTE. LTD, the owner and exporter of IF and INNOCOCO brands, revealed the success of the market expansion as a leading beverage brand in international markets. In 2023, the company achieved sales of 3 billion THB, an 87% growth from 2022. Especially 100% coconut water, the hero product, has gained immense popularity both online and offline in China. Due to the natural taste and sweetness of IF coconut water that matches consumer preferences, this has driven the success of the IF brand in the market. With Cold Aseptic Technology, the most advanced technology in the industry, the product shelf life can be prolonged up to 12 months without preservatives while keeping the freshness and nutrients as if it were freshly cracked. Therefore, IF has become the top brand in customers' minds.

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GENERAL

Shrinkflation unpacked

Business, Phusadee Arunmas, Published on 06/06/2024

» As manufacturers across various industries seek to cope with rising production costs, many are turning to "shrinkflation" to survive.

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GENERAL

ThaiNamthip advances sustainability agenda and spearheads packaging circularity in Thailand

Business, Apinya Wipatayotin, Published on 05/06/2024

» Globally, one million plastic bottles are purchased every minute. Since the 1970s, plastic production has surged more rapidly than any other material.

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THAILAND

TAITRA Launches Taiwan Foods Pavilion at THAIFEX 2024

Published on 04/06/2024

» The Taiwan Award-Winning Foods Pavilion 2024 brings together food products from all over Taiwan, proudly showcasing staple products, sauces, beverages, appetizers, and pastries. These popular sustainable products have not only won awards and certifications domestically; they have also been recognised globally as the highest quality of the Taiwanese food industry. This official debut in Thailand is the first of many to come in other countries.