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Bobby, an Australian soft drink brand, has recently joined hands with Lucy Jackson and Nikki Westcott, co-hosts of the popular Happy Hour podcast, to introduce a limited-edition flavour named ‘Strawberries & Cream.’ A First-Time Collaboration This initiative…
The Coca-Cola Company has announced that it has completed the acquisition of Costa Limited from Whitbread PLC. The US$ 4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced on…
Business has been sweet for the four major companies that dominate Vietnam’s soft drinks market, but they pay a relative pittance in taxes. The big 4 in Vietnam’s sweetened beverage market are: Coca-cola Vietnam, an arm of American Coca-cola, Suntory Pepsico,…
World Health Organization (WHO) experts have expressed strong support for a new tax on sugary drinks proposed by the Ministry of Finance. The proposal, which will go into effect in 2019 if passed, will impose a 10 percent special consumption tax on different…
A Finance Ministry proposal to slap a 10 percent special consumption tax on sweetened drinks would hurt small and medium businesses, critics say. Business representatives and some experts say the beverage industry is already taxed heavily, and the latest…
Pokka Sapporo Food & Beverage is ramping up Indonesian operations in soft drinks, switching to local production to strengthen its market foothold and save on costs. The Japanese beverage maker set up a production facility through a joint venture with local…
