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Coffee prices continued to rise sharply, ranging from VND122,000 – 123,500 (US$4.8-4.86) per kilogram in the Central Highlands, Vietnam’s largest coffee growing area. Accordingly, the highest price was reported in Dak Nong province, at VND123,500 per kilogram…
Coffee prices surged 11.3% to a historic high of VND98,100 (US$3.95) per kilogram on Wednesday as inventories dwindle and production is forecast to decline. The price represented a 110% increase from a year ago. On online coffee business forums, many farmers…
Kiwi beverage company Karma Drinks has launched a limited-edition bottle of its Lemmy Lemonade to support Melanoma New Zealand. The partnership aims to raise awareness about melanoma prevention and early detection. According to Melanoma NZ, more than 6000 New…
The global energy drinks market’s value reached $62.89 billion in 2023, posting a 7.5 percent compound annual growth rate (CAGR), with the strategic addition of new flavours emerging as a key trend. According to The Business Research Company, the increased…
Luiz Schmidt will take over as Managing Director of Bacardi in Australia and New Zealand after more than two years in Panama working as Regional Marketing Director for Bacardi in Latin America and the Caribbean. A University of Technology MBA graduate and…
Café owner Liu Houjun gained a little online fame with his unique coffee brewing bravura. Formerly the director of a listed company, the coffee lover, in his 50s, decided to quit his job and open a coffee shop to develop innovative blends. “Different regions…
Airline catering company Noibai Catering Services earned revenues of nearly VND22 billion ($936,947) from selling milk tea last year, over 63% of it from sales aboard flights. According to its annual report, the company put milk tea on flight menus in July…
Two Brisbane brothers have landed a deal with Woolworths and Coles with the hope they will transform an every day item from boring to “cool”. Chris and Lawrence Seaton started their business Origin Tea nine years ago as their father owned a tea plantation in…
A consignment of soy milk found contaminated and destroyed in Japan must have been tainted en route, Vietnamese exporter Vinasoy has said. Tests by the National Institute For Food Control on Monday did not find coliform bacteria in the Fami Calcium Soy Milk…
Asahi Beverages will close its Green Beacon brewery’s operations in North Brisbane in around 10 weeks. The closure follows several years of “excellent growth” for Green Beacon, according to the company, and is part of a plan to ensure the company’s growth by…
A world-famous Queensland distillery has joined forces with a popular local brewery to create something unique and exciting – and some big fans couldn’t be more chuffed. Beer and rum lovers will be happy to hear of the newest collaboration between the brewers…
The Ministry of Finance is again considering imposing a tax on sweetened beverages eight years after failing to get other ministries’ backing for it. A “reasonable” special consumption tax on sugary drinks would help protect people’s health in line with the…
French liqueur brand Cointreau has unveiled a redesign of its popular amber bottle, the first significant revamp in 140 years. Cointreau, an orange liqueur, has been produced in Angers, France since 1849. It is distilled with a combination of sweet and bitter…
Saigon Beer brewer Sabeco saw revenue jump 33% from 2021 to VND35.24 trillion ($1.5 billion) last year as consumption bounced back after two years of Covid-19. The brewer’s post-tax profit surged nearly 40% to VND5.5 trillion, the highest level since it was…
Frucor Suntory beverage brand, Maximus, continues to raise the stakes in the sports category with its newest product, Maximus Ultra. Maximus Ultra is the first hybrid sports drink in Australia to contain BCAAs (Branched Chained Amino-Acids) to support muscle…
UFC, the world’s premier mixed martial arts organization, today announced Delgados Tequila Soda as the Official Tequila Soda of UFC in Australia and New Zealand. The partnership will comprise of year-round activity across Australia and New Zealand, including…
