Malaysia. Costly beer next year?

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Carlsberg Malaysia Brewery Bhd doesn’t expect an excise duty hike for the beer industry this year, but warned that it may have to raise product prices next year on the back of skyrocketing raw material costs. (more…)

SABMiller JV to bid for Shaoguan Huoli Beer

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SABMiller-China Resources Enterprise JV, China Resources Snow Breweries (CR Snow), has plans to bid for Shaoguan Huoli Beer Co, a Guangdong-based brewery, in the process of its expansion in the southern province. (more…)

Heineken starts next phase of share repurchasing programme

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Heineken N.V. announced today that in connection with the acquisition of FEMSA Cerveza that was completed on 30 April 2010, it will begin the next phase of repurchasing its own shares up to a maximum value of €225 million. (more…)