On The Frontier Of Beer In Vietnam
Folks in Vietnam sure do like a cold one. Since gaining broad popular appreciation in the 1990s, beer sales have soared and the country has become one of the largest per capita consumers in the region. (more…)
Roneli and Bohemia Beer partner to launch first Czech beer – Bohemian King – in India
Roneli, a joint-stock company of European type Roneli SE and leader in building of turnkey breweries, and Bohemia Beer Pvt. Ltd, joined together to launch the first Czech beer, ‘Bohemian King’ in India. The company aims to become the sixth largest player in the next one year of the Indian beer industry which is approximately pegged at 270 to 280 Million cases. (more…)
Vietnam. Beer market is not as attractive as wine and soft drinks sector’s
Vietnam beverage industry exisited for a long time but has been developing fast over more than a decade now, underpinned by: (more…)
What, exactly, is a standard drink? Researchers highlight variations in alcohol consumption guidelines
The definition of a ‘standard’ alcoholic drink varies greatly between countries, observe researchers in a study published this week.
The World Health Organization defines a standard drink as 10g of pure ethanol, and both men and women are advised not to exceed two drinks a day. (more…)
In 2015, the Chinese brewers have earned 189.7 billion yuan and plan to receive 37% more in 2020
The operating results of enterprises alcohol industry: liquor, beer and wine industries were published at the last The Wine Society Annual Conference on April 13, 2015. (more…)
Malaysia. GAB’s net profit up on higher sales volume
Guinness Anchor Bhd’s (GAB) net profit climbed 28.9% year-on-year for the first full quarter since Heineken NV became its indirect majority shareholder in October last year. (more…)
India. Banks block UBHL’s claims for money; say Vijay Mallya move a tactic to delay justice
A consortium of banks led by State Bank of India (SBI) on Wednesday filed counter-objections in the debt recovery tribunal (DRT), Bengaluru, against a claim of Rs 594 crore made by the Vijay Mallya-controlled United Breweries (Holdings) or UBHL. Lenders alleged Mallya’s claim to secure the amount from them at this stage was a clear-cut tactic to delay the process of justice, knowing fully well that the case was on the verge of being disposed of. Admitting the lenders’ counter-objections, DRT presiding officer justice CR Benakanahalli posted the matter for further hearing to April 21. (more…)
Beer trouble: Why South Korea’s local brewers are crying foul
Beer imports surged 43 per cent last year in South Korea, as consumers, among the most enthusiastic beer drinkers in Asia, move beyond often-bland local lagers.
South Korean beer drinkers are drinking to the more robust flavours of imported brands, encouraged in part by attractive discounts for multi-packs – so much so that local brewers are crying foul over pricing tactics and have asked for government help. (more…)
India. Tasmac buys 40% more beer to slake election thirst
To prepare for the poll season, Tasmac has been stocking up on alcohol. For March 2016, Tamil Nadu State Marketing Corporation (Tasmac) ordered 40% more beer than it had in February. The state agency, which controls wholesale and retail liquor trade, also ordered 19% more Indian made foreign liquor (IMFL). (more…)
Vietnam. Habeco finding it increasingly difficult to compete for the national beer market
60% of total sales in Vietnam accounts for inexpensive beer. Two corporations have divided this key segment of the market for a long time. Habeco (Hanoi Beer-Alcohol-Beverage) controls the North of Vietnam and Sabeco (Saigon Beer-Alcohol-Beverage) controls the South. (more…)