Showing 1 - 10 of 18
New Thai alcohol rules put drinkers on the hook for fines
Bloomberg News, Published on 08/11/2025
» People in Thailand wanting to quench their thirst with an afternoon tipple risk steep fines from Saturday under amended alcohol control legislation that strengthens enforcement and significantly tightens restrictions around marketing and advertising.
Red Bull heir moves $1.1bn stake to Geneva trust firm
Bloomberg News, Published on 03/06/2025
» NEW YORK -- When an Austrian marketer and a Thai businessman decided to launch Red Bull to the world, they settled on a simple ownership structure: each would own 49% of the venture.
Thai scion bets US-China feud will ease Bangkok property glut
Bloomberg News, Published on 19/09/2024
» Frasers Property Limited, controlled by Thailand's richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country's capital.
Singaporeans flock to Malaysia for bargains as dollar hits record high
Bloomberg News, Published on 08/02/2024
» SINGAPORE - Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.
Beer demand suffering as price hikes take toll - brewer
Bloomberg News, Published on 25/10/2023
» AMSTERDAM - Heineken NV said it is on track to hit its profit target this year, even as higher prices and economic uncertainty led drinkers in many parts of the world to pull back on premium beverage purchases.
Indonesia bans bauxite exports in latest protectionist move
Bloomberg News, Published on 21/12/2022
» JAKARTA: Indonesia will impose a ban on bauxite exports from the middle of next year, the country’s latest move aimed at boosting domestic processing of its mineral resources.
Hong Kong’s ban on CBD products leaves companies facing ruin
Bloomberg News, Published on 12/08/2022
» As Hong Kong takes its first steps towards cracking down on cannabidiol, businesses specialising in CBD-infused beers, coffees and other products are scrambling to work out what comes next.
Crisis at billionaire Charoen’s insurance firms rattles industry
Bloomberg News, Published on 24/02/2022
» Thailand’s richest man, Charoen Sirivadhanabhakdi, built a 516-billion-baht fortune mostly from liquor and retailing. He’s had a tougher ride in the financial sector.
ThaiBev to resume work on unit’s $2bn Singapore IPO
Bloomberg News, Published on 22/02/2022
» Thai Beverage Public Company Limited is set to revive the initial public offering of its brewery unit in Singapore after shelving the planned first-time share sale twice due to Covid-19, according to people with knowledge of the matter.
Covid is killing the young in Brazil
Bloomberg News, Published on 22/04/2021
» RIO DE JANIERO: Rodolpho Sousa, a 28-year-old Brazilian lawyer, had been working from home near Rio de Janeiro when, in late February, one of his clients was jailed. Covid was hitting the prison and he was worried about her, less about himself. He went there to get her out.