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THE TRUTH ABOUT: Thaibev | History Defined

Thai Beverage logs over 7% rise in nine-month profit

BENGALURU — Singapore-listed ⁠Thai Beverage (ThaiBev) posted a ‌7.2% rise in nine-month operating earnings on Thursday, helped by growth ⁠across all businesses on the ‌back of effective brand investment and marketing ⁠activities.

Bangkok Post

Big Thai firms back social enterprises

Thailand's leading corporations have joined forces with government agencies to establish 928 district-based social enterprise companies nationwide, aiming to strengthen local economies and create lasting social impact during the country's two auspicious royal years in 2026 and 2027.

Bangkok Post

ThaiBev reinforces green financing commitment

Thai Beverage Plc (ThaiBev) continues to embed sustainability into its capital strategy through a 6.5-billion-baht sustainability-linked loan (SLL) from Bank of Ayudhya Plc (Krungsri).

Bangkok Post

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Thailand’s cash handouts made a ‘very good’ month even better for retail conglomerate Berli Jucker’s CEO

Thapanee Techajareonvikul, No. 47 on the Fortune Most Powerful Women Asia list, is the first female CEO of the 142-year-old Thai company.

Fortune

ThaiBev CEO extols virtues of ESG, collaboration

The sufficiency economy philosophy could be the key to achieving a healthy environmental, social and governance climate in the corporate sector, according to Thapana Sirivadhanabhakdi, president and CEO of Thai Beverage Plc (ThaiBev).

Bangkok Post

MFP lawmaker takes aim at beer duopoly

A beer-loving MP-elect once arrested for illegal brewing is hoping the Move Forward Party’s election victory can help him break up Thailand's alcohol duopoly.

Bangkok Post

Beer-loving MFP lawmaker takes aim at booze duopoly

A beer-loving MP-elect once arrested for illegal brewing is hoping the Move Forward Party’s election victory can give him a long-awaited shot at breaking up a 470-billion-baht alcohol duopoly of two of the country’s wealthiest families.

Bangkok Post

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Beer-loving Thai lawmaker takes aim at $14 billion booze industry duopoly

A beer-loving lawmaker in Thailand once arrested for illegal brewing is hoping his party's election win can give him a long-awaited shot at breaking up a $14 billion alcohol duopoly of two of the country's wealthiest families.

Reuters

Keep cool and cultured at Water Festival 2023

Organiser ThaiBev along with The Tourism Authority of Thailand and other partners celebrate the Thai New Year with Water Festival 2023 in six provinces across all four regions of Thailand, starting this Thursday and running until Sunday.

Bangkok Post

TAT festival targets four key regions

The Tourism Authority of Thailand (TAT) will run a series of events dubbed "Water Festival 2023" in four regions between April 13 and 16, 2023, in conjunction with Thai Beverage Public Co Ltd (ThaiBev) and other partners.

Bangkok Post

Khunying Wanna of ThaiBev dies

Khunying Wanna Sirivadhanabhakdi, wife of billionaire Charoen Sirivadhanabhakdi of Thai Beverage (ThaiBev) Public Company Limited, maker of Chang Beer, died peacefully in the early hours of Friday. She was 80.

Bangkok Post

Incentives to spur EV sales

Thailand will remain the largest electric vehicle market in Southeast Asia going forward as prospects of consumer-focused incentives will supplement existing incentives for automakers to produce EVs locally.

Bangkok Post

ThaiBev explores options for spirits unit

Thai Beverage Plc is exploring options for its spirits business including an initial public offering (IPO) in Singapore where it is listed, according to people with knowledge of the matter.

Bangkok Post

5 CEOs of the leading companies share views

With the goal of achieving net-zero emissions by 2040, Thai Beverage Plc (ThaiBev) has accelerated a push into green businesses such as recycling and renewables amid a global and local decarbonization push by organising Sustainability Expo 2022 (SX 2022), ASEAN’s largest sustainability event of the year which saw a tremendous…

Bangkok Post

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Bangkok Post

Bistro Asia eyes B3bn in sales within 2025

Bistro Asia Co under Thai Beverage (ThaiBev) is ramping up its food business, opening its first food court and developing a Western restaurant brand in an effort to increase sales to reach 2-3 billion baht over the next three years.

Bangkok Post

ThaiBev commits up to B8bn for expansion

Despite the uncertain global economic outlook, Thai Beverage (ThaiBev), the Singapore-listed food and beverage company, says it remains committed to spending 5-8 billion baht to expand its businesses next year, mainly in Thailand.

Bangkok Post

Thai sustainability expo goes international

Thai Beverage Plc (ThaiBev) and its four major trading partners will host the country's largest Sustainability Expo 2022 (SX 2022) at the Queen Sirikit National Convention Center from Sept 26-Oct 2 which is expecting more than 10,000 visitors per day.

Bangkok Post

ThaiBev puts off brewery IPO again

SINGAPORE: Thai Beverage Plc has deferred the initial public offering of its brewery unit in Singapore once again, citing “prolonged challenging market conditions” for its decision.

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Bangkok Post

Charities to bid for 22 Leica cameras

Twenty-two charitable foundations have launched an auction for 22 Royal Limited Edition Leica cameras, M10-P, to help those in need.

Bangkok Post

QSR of Asia keen on 2nd KFC business

The QSR of Asia under Thai Beverage Plc (ThaiBev), one of the operators of KFC in Thailand, is keen to participate in a race to acquire another KFC franchise if Restaurants Development Co, one of the other KFC franchisees in Thailand, agrees to sell its KFC franchise business as reported.

Bangkok Post

ThaiBev shares jump after it renews plan for IPO of regional beer assets

Thai Beverage Plc’s shares jumped on Thursday after the company confirmed it would look to sell a 20% stake in its regional beer business through a Singapore listing, more than a year after it postponed the plan for a second time due to pandemic-led uncertainty.

Bangkok Post

ThaiBev to resume work on unit’s $2bn Singapore IPO

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.

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