Tiger Beer is slated to put out several new products in the next one to two years in Singapore, according to a report by The Business Times on Tuesday.
The move is part of the company's strategy to double down on its Singapore identity, according to SJ Heng, a director at Heineken Asia-Pacific, during an interview with The Business Times.
Asia Pacific Breweries Singapore, owned by Heineken, is restructuring its operations, with some brewing activities expected to shift to Malaysia and Vietnam by 2027, the report added.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)