India. Prohibition in Tamil Nadu, once again?
With growing calls for a ban on liquor, political parties have pledged to follow through, but it may not be so simple (more…)
Thailand. ThaiBev’s net profit jumps 30% to $333m in Q1
Thanks to contributions from spirits, beer segments. (more…)
China. AB InBev to plan launching new brewery with capacity of 1.5 mln tons in Fujian province
In Putian City, Fujian province the construction of Ab InBev new project is in full speed. In the nearest future, one of the largest in Asia state of art breweries will be opened in Tianjin Binhai Industrial Park Hanjiang. (more…)
Myanmar Brewery to boost beer output to slake domestic thirst
Myanmar Brewery will ramp up its beer production capacity by about 10% to keep up with increasing local consumption amid economic growth. (more…)
India. United Breweries: Q4 numbers to be impressive
United Breweries Ltd, one of the leading distilleries in India, will announce its financial results on May 13 for the fourth quarter ended March 31, 2016.
IIFL estimates that the company’s net profit is expected to surge to Rs. 73 crore, at a rate of 52.1% yoy and 1.4% qoq. (more…)
Philippines. Bar owners, customers have mixed reactions to Duterte’s liquor ban proposal
Bar owners and customers in Manila on Thursday described their mixed views on tough-talking mayor Rodrigo Duterte’s plan to have a liquor ban in the Philippines once he becomes president. (more…)
India. Heavy rush at Tasmac outlets
Crowds at a Tasmac outlet ahead of dry days is not something uncommon.
“This time, however, there is a lot of talk among our customers about what will happen after the elections,” said a salesperson at a Tasmac outlet in Adyar. (more…)
Russia. Baltika expanded market share thanks to Zhigulevskoe and Carlsberg
According to Baltika, over the first quarter of 2016, the company has enjoyed the leadership. In the sliding market the volume share of Baltika increased by 1.7% in the first quarter of 2016 against the fourth quarter of 2015 and amounted to 35.1%*. (more…)
China. April 2016 saw price cut for beer and wine after “holiday” price rise
Despite the market premiumization, Chinese producers speak about, beer and wine, on the contrary are experiencing price fall.
According to Price monitoring center of National Development Commission People’s Republic of China, in April 2016, the average prices for beer in bottle of 630 ml decreased by 0.68% against March and returned to the figures of the year beginning. (more…)
Philippines. San Miguel Brewery enjoys both income and revenues growth in the first three months of this year
Conglomerate San Miguel Corp.’s first quarter net profit surged by 122 percent year-on-year to P13.5 billion on the back of robust food, beverage and packaging businesses plus higher revenues from its power and infrastructure units. (more…)