Monthly Archives: March 2016

China. In 2015, Zhujiang Brewery slightly reduced its operating income and production volumes

In 2015, the company produced 1.1598 million tons of beer which is 0.86% less than last year. The operating income decreased by 0.19% to 3516.97 million yuan.

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India. Mallya may give UBL control to Heineken to settle with banks

Troubled tycoon Vijay Mallya may offer his shares in United Breweries (UBL) to partner and Dutch beer giant Heineken to generate cash for a possible settlement with lenders of the defunct Kingfisher Airlines. If the lenders respond positively, the latest … Continue reading

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Myanmar. Heineken takes back Tiger and ABC beers

Two of Myanmar’s best-loved beer brands, Tiger and ABC Extra Stout, were officially returned to Dutch beer-maker Heineken yesterday after years under the ownership of local giant Myanmar Brewery.

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India. Bihar gears up for liquor ban: Everything you need to know

Bihar will join the select list of states practising complete or partial prohibition with the ban on country liquor coming into force on Friday as part of chief minister Nitish Kumar’s poll promise to stop sale of alcohol.

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Vietnam. The changes of the tax base will result in increase of retail prices

While Law on Special Consumption Tax (SCT) and the Regulation on increase in the excise tax prepare for consideration at the meeting of the National Assembly 13, the brewers are actively seeking to postpone the entry into force of these … Continue reading

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India. Stake hike doesn’t change UBL governance structure: Heineken

Amid speculations that Heineken could take control of Vijay Mallya-led United Breweries Ltd, the Dutch beer maker today said its increasing stake in UBL to 43 per cent recently will not result in any changes in Indian brewer’s governance structure.

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Philippines’ San Miguel continues to seek acquisitions

Philippine conglomerate San Miguel Corp plans to raise another 15 billion pesos ($324.92 million) through preferred shares or corporate notes in the first half of the year to refinance debts, company officials said on Wednesday.

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Drinktec 2017 is also an excellent marketing platform

Suppliers of advertising materials, on-packs, and point-of-sales solutions, external and internal advertising and brand-oriented catering/restaurant supplies as well as promotional ideas and services are just at the right place at drinktec, and this also applies to those interested in these … Continue reading

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Budweiser Is Having a Ball in Russia

Budweiser is enjoying an unlikely source of growth in Russia’s declining beer market, even as the all-American brand continues to struggle at home.

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India. Vijay Mallya offers to repay Rs. 4,000 crore to banks by September

Businessman Vijay Mallya on Wednesday offered his debtor banks Rs. 4000 crore as partial settlement of his dues, even as he confirmed in the Supreme Court that he does not want to come home yet due to “surcharged atmosphere” against … Continue reading

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