Thai craft beer comes of age

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30296405-01_bigPhuket-based Full Moon Brewworks grabs an international prize

It’s mission accomplished for Thai craft-beer pioneer Full Moon Brewworks, which after years of hard work snatched the gold medal at the recent World Beer Awards in London. Now it’s ready to take on the world with its new brew, Chatri IPA. (more…)

Anheuser-Busch to pay US SEC $6 million to settle India bribery charges

Anheuser-Busch to pay US SEC $6 million to settle India bribery charges
A man walks past the logo of Anheuser-Busch InBev at the brewer's headquarters in Leuven, Belgium February 26, 2014. REUTERS/Francois Lenoir/File photo
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SEC investigation found that Anheuser-Busch InBev SA used third-party sales promoters to make improper payments to officials in India to boost sales and production. (more…)

Thai Beverage bids for a stake in Vietnam’s largest brewers

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Estimated total deal value is $2.9B.

With Vietnam’s government proposing to sell off Saigon Beer, Alcohol, Beverage Corporation (Sabeco) and Hanoi Alcohol Beer & Beverages Corp (Habeco) for an estimated total of US$2.2b (S$2.9b), various media outlets have revealed that Thai Beverage (Thai Bev) is one of several bidders. (more…)

Vietnam’s top brewer Sabeco cleared for share listing by Dec

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kgprcspmVietnam has given the green light for the country’s biggest brewer, Sabeco, to list shares in Ho Chi Minh by December as part of a long-awaited privatisation set to offer investors a slug of Asia’s third-biggest beer market after China and Japan. (more…)