International Beverages Trading

Source: 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

  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.