The Saigon Beer, Alcohol and Beverage Corporation (Sabeco) has said it will not sell major stake to overseas investors, even as foreign companies, including Thai tycoons, are vying for ownership in the state-owned brewer. (more…)
The opening ceremony of the new brewery of CR Snow within the project of extending business in remote regions was held on 23 December. The capacity of the new enterprise is 3 million hectoliters of beer per year. (more…)
Drinkers buying a beer at Yangon’s roadside bar shacks used to face a limited choice: more likely than not, they would order a mug of Myanmar Beer, sometimes with a shot of coarse whisky to give the light local brew an extra kick. (more…)
India’s third-largest state is banning the sale of home-made alcohol from April 1 and limiting sales of beer, wine and liquor to state-run stores.
“It will be strongly implemented,” Nitish Kumar, the chief minister of Bihar, said Sunday. He said his move to bar “local and masala liquor” was a first step to banning all alcohol in the state. (more…)
There’s no shortage of beer in China. In sheer volume, China produces more beer than any other country. It’s even expected to overtake the US as the most valuable beer market in just a few years. The problem, according to a lot of beer aficionados, is that most of it isn’t very good. (more…)
The merger of two beer giants AB InBev and SAB Miller will lead to a monopoly in the market of China and USA. (more…)
Empire Brewing Co,. today announced its second collaboration with a Chinese company to make a beer using traditional Asian tea ingredients.
The new beer – Kuding-Ta IPA – is flavored with the bitter kuding herb, the leaf of the Chinese holly plant, plus New York-grown Chinook hops. (more…)
Myanmar Brewery has upped its game, as international competitors Heineken and Carlsberg launch their beers into the market.
Myanmar’s largest brewery has an 80 percent market share – 65pc or 70pc, if smuggled and imported brands are added into the mix – said Hiroshi Fujikawa, the company’s new CEO. (more…)
The Court of Tax Appeals has directed the Bureau of Internal Revenue to return over P699 million “erroneously” collected excise tax to San Miguel Brewery, a subsidiary of San Miguel Corp, The Standard reported on December 18. (more…)
Changes in personnel at the top level at several Vietnamese businesses have taken place. At DongA Bank, following its recently exposed financial problems, its chief executive Tran Phuong Binh and deputy CEO Nguyen Thi Ngoc Van had to step down, to be replaced by people from the Bank for Investment and Development of Vietnam. Meanwhile, the country’s two largest brewers, Habeco and Sabeco, has also witnessed the change in the chairman position. (more…)