The closure of 500 shops seems to have had a marginal impact on the overall liquor sales. In places like Chennai, there are plenty of access points. This is not the case in places like Madurai. (more…)
Favourites for years, especially with low earners – but last year Chinese beer consumption dropped by 3.6pc, and instant noodles fared even worse, slumping 12.5pc (more…)
Vijay Mallya, currently chairman of UBL, has also legally challenged the application of the new rules and its implication to his board position at UBL. (more…)
Bharatiya Janata Party Madurai Urban District unit has demanded the Hindu Religious and Charitable Endowments Department officials to stop collecting money for quick darshan or special darshan in temples and allow all devotees to have darshan in a free and fair manner. (more…)
Brewery stocks advanced on the back of a price increase by an average of 2% to 2.5% effective July 1, 2016. (more…)
Shares of state-backed China Resources Beer closed down 4.1% at 16.26 Hong Kong dollars on Wednesday after it announced a rights issue to fund the buyout of the world’s best-selling beer from joint-venture partner SABMiller. (more…)
At a beer station on Bogyoke Aung San Road, servers traipse from table to table, handing mugs of Myanmar Beer to cheroot-smoking men in longyis. Another beer station in Sanchaung township looks almost exactly the same, but with Dagon Beer decorations and brew dripping from the taps. (more…)
Senior vice-president of marketing at United Breweries, Samar Singh Sheikhawat interview. (more…)
China Resources Beer, the country’s biggest beer maker, said Wednesday it was planning to raise HK$9.5 billion in what is likely to be one of the largest rights issues in Hong Kong since last year, as it prepares to buy a 49 per cent stake in China Resources Snow Breweries, currently owned by SABMiller. (more…)
The biggest gainer among Singapore’s stocks this year is a foreigner. Thai Beverage’s return this year is almost triple that for the second-best stock in the Straits Times Index. (more…)
