Alcohol

SINGAPORE (Sept 21): RHB Research is maintaining “buy” on Thai Beverage (ThaiBev) with an unchanged target price of 88 cents despite expectations of 4Q18 alcohol volumes to continue their decline due to the high base effect in 4Q17, which saw trade ag

(July 21): Ho Chi Minh called alcohol a poison peddled by French imperialists. Half a century later in the Vietnamese city that bears the revolutionary founder’s name, young women in short skirts haul cases of Tiger Beer and buckets of ice to wooden tab

SINGAPORE (July 3): The worst is over for Thai Beverage in view of a marked recovery in Thailand’s beer consumption data, says RHB Research, which has maintained its "buy" rating on the counter with a $1.10 price target estimate.

SYDNEY (Dec 6): Some of Asia’s marquee airlines that spoil passengers with free alcohol and in-flight entertainment may soon have to kick the habit.

SINGAPORE (Sept 29): OCBC Research is downgrading Thai Beverage to “hold” with a fair value estimate of $1.01, citing uncertainty in its attempts to acquire Vietnam’s largest brewer, Saigon Beer, Alcohol, Beverages Corporation (Sabeco).