Beverages – Trade & Market Updates
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Diageo opposes bid to block sale of EABL stake to Asahi in court
Diageo challenges court bid to halt sale of its EABL stake to Asahi, as distributor Bia Tosha argues the deal could undermine its long-running legal dispute.
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Heineken shifts Singapore to import-based beer supply under EverGreen 2030 strategy
Heineken to phase down Tuas brewery by 2027, shifting Singapore to import-based supply while strengthening its role as a regional hub for logistics and innovation.
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Indian alcohol industry seeks price hikes amid rising costs from Middle East conflict
Indian brewers and liquor firms push for price increases as geopolitical tensions drive up raw material, packaging, and logistics costs, threatening industry sustainability.
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Australia and EU sign US$7B trade deal eliminating wine tariffs and boosting bilateral exports
Australia and the EU seal a major trade agreement removing wine tariffs, expanding exports and strengthening cooperation across the global wine and alcoholic beverages market.
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SLMG Beverages may raise prices as packaging costs surge amid Middle East conflict
SLMG Beverages faces rising packaging costs linked to geopolitical tensions, with potential price hikes under review as competition intensifies in India’s fast-growing soft drinks market.