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Malaysia beer

Malaysia. CIMB Research retains Overweight on brewers

CIMB Equities Research is retaining its Overweight stance on the brewers as the recent increase in excise duty will not negatively impact the earnings of GAB and Carlsberg significantly.

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Malaysia. Guinness: Beer, stout price hike may drive up illegal consumption

Guinness Anchor Berhad (GAB) today expressed concern that a hike in excise duties for beer and stout may drive up demand for illicit alcohol.

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Booze tax goes up in Malaysia

Consumers will now have to pay more for beers with a higher alcohol content. There will be no cheers from drinkers now that a revised excise duty, calculated according to the alcohol level in beverages, has been introduced.

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Malaysia. Traders fear booze tax hike

There will be little cause to say “cheers” for the 3.5 million drinkers in the country if the Government decides to review the alcohol tax next month.

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Halal “Bavaria” in Malaysia

Correct us in the comments if we’re wrong, but in the Quran, the warning is to not drink ‘khamr’. Khamr means any kind of drink or drug that causes intoxication, so that leaves out small amounts of alcohol found in … Continue reading

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The rise of craft beer in Malaysia

Are you ready for the craft beer revolution? Craft beer may not be making the sort of waves in Malaysia that it is in the United States, but there IS a growing market and demand for craft beers here. Where … Continue reading

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A Cross-Border Battle: Singapore and Malaysia’s Giant Alcohol Companies

Someone once told me that you cannot go wrong investing in a company making alcoholic beverages: When times are good, people celebrate and drink. When times are normal, people socialize and drink. When times are bad, people weep and drink. … Continue reading

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Malaysia. Tapping into an auspicious year

Chinese New Year celebrations kicked off with a cheer for the Star Media Group Bhd (formerly known as Star Publications (M) Bhd) management and staff as Carlsberg Malaysia visited Menara Star in Section 16, Petaling Jaya.

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Thailand&Vietnam. Singha transferred $650 million for purchasing shares of Masan Consumer and Masan Brewery Holdings

Within the framework of the previously signed agreement, on January 28 Singha Asia Holding transferred $650 million of investment for purchasing shares of Masan Group. Of this, $600 million were transferred to pay 14.3% of the shares of Masan Consumer … Continue reading

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Malaysia. Potential 10% hike in alcohol duty by Feb 1

The government is considering increasing the duties on alcoholic beverages before the Chinese New Year. According to a report in Sin Chew Daily yesterday, a 10% hike is expected in the duties for liquor and other alcoholic drinks.

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