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International Beverages Trading

From Wikipedia, the free encyclopedia
International Beverages Trading Company Group (IBTC)
IndustryBeverages, trading
Founded1995 (1995)
Headquarters,
OwnerAung Moe Kyaw
SubsidiariesInternational Beverages Trading Company
Myanmar Distillery Company
Websitewww.ibtcgroup.com

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 US$100 million.[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]

References

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  1. ^ a b c d Aung Min; Toshihiro Kudo (2014). "Business Conglomerates in the Context of Myanmar's Economic Reform" (PDF). Myanmar's Integration with Global Economy: Outlook and Opportunities. Bangkok Research Report. Archived from the original (PDF) on 24 September 2015. Retrieved 11 July 2015.
  2. ^ "ThaibizMyanmar.com : Yangon Region Government introduced new restrictions on the sale of foreign liquor after lobbying from local producers". ThaibizMyanmar.com. Retrieved 2023-05-10.
  3. ^ "Burmese JV for Tat Hong". vertikal.net. Retrieved 2023-05-10.