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Drink makers are lobbying against levying a special consumption tax on sweetened beverages, arguing that they do not contribute to health problems such as obesity. At a Wednesday workshop to discuss draft amendments to the Law on Special Consumption Tax,…
Rey Loco, uses 100 per cent real Tequila to make its pre-mixed cocktails and has launched two new products to meet the growing consumer demand in Australia for the real stuff. The range is comprised of two products, Tequila Lime & Soda and Tequila Bloody…
PepsiCo has announced the appointment of Kyle Faulconer as the new CEO of Australia and New Zealand, effective January 2022. Faulconer will replace outgoing CEO, Danny Celoni, who was recently appointed to the Asahi Beverages Oceania Executive Leadership Team…
In much the same way plant-based meat companies are tweaking their offerings to make them taste more like the real thing, beverage giant Coca-Cola is doing the same thing with its no-sugar cola. Coca-Cola has a vested interest in creating a no-sugar variety…
Coca-Cola Co on Wednesday agreed to sponsor a protected reserve in the Amazon rainforest, joining beer maker Heineken and a growing list of global corporations signing up to the Brazilian government’s “Adopt a Park” program. Environmentalists say that the…
Coca-Cola Vietnam has been ordered to pay VND821.4 billion ($35.4 million) in back taxes and penalties stretching back over nine years. Dang Ngoc Minh, deputy head of the General Department of Taxation, said 57.3 percent of the amount is the back tax, 35.2…
Soft drinks giant Coca-Cola has launched a new subscription service in North America to test out over 20 new drinks. The Coca-Cola Insiders Club invites subscribers to sign up for a monthly shipment of three category-spanning beverages to be released in early…
Investors are flocking into the bubble tea market since demand is booming across the country. Market researchers have found the market is growing at 20 per cent a year and reached US$300 million two years ago. There are over 100 brands already and many more…
