International Beverages Trading Explained

International Beverages Trading Company Group (IBTC)
Native Name Lang:my
Industry:Beverages, trading
Hq Location City:Yangon
Hq Location Country:Myanmar
Areas Served:-->
Owner:Aung Moe Kyaw
Subsid:International Beverages Trading Company
Myanmar Distillery Company

International Beverages Trading Company Group (; abbreviated IBTC) is a major Myanmar-based beverage manufacturing company.[1] IBTC possesses 80% of Myanmar's domestic whiskey market, with a revenue of .[1] [2]

IBTC was founded in 1995 with 50 employees by Aung Moe Kyaw, the son-in-law of Thein Tun, chairman of the Myanmar Golden Star Group.[1] It is known for its alcohol brands, including Grand Royal Whiskey, Royal Dry Gin, Eagle Whiskey, Grand Royal Special Reserve Whiskey, Hero Whiskey, and Golden Island Whiskey.[1] The company is a member of the Union of Myanmar Federation of Chamber of Commerce and Industry and Myanmar Agro-base Food Product Manufacturing Association.[3]

Notes and References

  1. Web site: Business Conglomerates in the Context of Myanmar's Economic Reform. Aung Min. Toshihiro Kudo. 2014. Myanmar's Integration with Global Economy: Outlook and Opportunities. Bangkok Research Report. 11 July 2015. dead. https://web.archive.org/web/20150924032745/http://www.ide.go.jp/English/Publish/Download/Brc/pdf/13_07.pdf. 24 September 2015.
  2. Web site: ThaibizMyanmar.com : Yangon Region Government introduced new restrictions on the sale of foreign liquor after lobbying from local producers . 2023-05-10 . ThaibizMyanmar.com . en.
  3. Web site: Burmese JV for Tat Hong . 2023-05-10 . vertikal.net . en.