China. The situation of the brewing industry is not optimistic
2015 proved to be unfavorable for the brewing industry of China. The growth rate not only stopped, but also showed an unprecedented decline over the past 24 years. (more…)
China. A new brewery of Anheuser-Busch InBev
On 28 December, Wugang City of Hunan Province witnessed the laying of the foundation stone of a new brewery of Anheuser-Busch InBev. The event was attended by the representatives of the municipal authority of Wugang. (more…)
India. Hard Liquor Sales on the Rocks; Beer, Wine on Highball in Kerala
More than 20 months since the state government’s new liquor policy was put into action, the results have left the state with much to cheer about, but there is also room for ample concern. (more…)
India. Liquor supplies hit ahead of New Year
he New Year spirit is in danger of being dampened in the city with liquor supplies drying up due to introduction of online monitoring of liquor trade at wrong time. (more…)
China. Brewer continues upward march on reports of potential buyout
Shares of China Resources Beer (Holdings), or CR Beer, rose for a fifth straight session here Tuesday amid local media reports that the brewer may raise its stake in a joint venture. (more…)
China. Tsingtao Brewery has launched IPA Craft Beer
On 2
5 December 2015, the Chinese Tsingtao Brewery presented its own version of the famous craft beer Indian Pale Ale. The degustation of new beer for the Chinese was held in Tsingtao community living room and became an important event for everybody who likes it. (more…)
Vietnam. Big waves in the beer market
According to the Euromonitor data, the high company’s share in the beer market does not guarantee a large profit. Thus, Sobeco controls 46% of the Vietnamese beer market, its revenue in 2014 amounted to 30.000 billion dongs and net profit to 4,000 billion dongs. At the same time, VBL controls 18.2% of the market, but its profit is estimated at 6.200 billion dong. (more…)
Thailand. Sermsuk’s major shareholder sells its stake to So Water for $277m
Thai Beverage Logistics has sold its 64.66-per-cent stake in soft drink maker Sermsuk Pcl to So Water Co Ltd for 9.97 billion baht ($277 million), according to Sermsuk’s statement to the Stock Exchange of Thailand (SET). (more…)
India. Liquor Shares Turn Weak as Top Court Upholds Kerala’s Prohibition Policy
Shares of liquor companies such as United Spirits, United Breweries, Tilaknagar Industries, Jagatjit Industries, Empee Distilleries and Pincon Spirit fell 0.5-2.5 per cent, after the Supreme Court upheld Kerala’s policy to go “dry” in 10 years. (more…)
Indonesia. Diageo to set up plant in Bali to produce its alcohol-free drink Guinness Zero
Diageo is planning to open a manufacturing plant in Bali in a few months to produce its alcohol-free drink Guinness Zero. This is in line with the company’s new strategy in Indonesia, the world’s biggest Muslim-majority country, where drinking alcohol is a sin. (more…)