Vietnam’s largest brewer Sabeco mulls listing on southern bourse

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Vietnam’s largest brewer Saigon Beer, Alcohol and Beverage Corp (Sabeco) is contemplating a listing on the Ho Chi Minh City Stock Exchange, where the country’s largest blue chips are currently listed, the local industry ministry said, in a document. (more…)

Myanmar. Hotels and bars face liquor licence woes

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Only about 10 percent of the places serving liquor in the country are legally allowed to do so, tourism experts say, and while the widespread availability of unlicensed premises serving drinks is costing the local economy in unpaid taxes, the Ministry of Home Affairs refuses to issue more licences. (more…)

Sri Lanka’s brewery makes Rs500mn loss after floods

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Sri Lanka’s Ceylon Beverage holdings, brewer for Lion and Carlsberg in Sri Lanka, lost Rs501 million in the June quarter as the floods disrupted production, interim accounts filed with the Colombo Stock Exchange showed. (more…)

Hundreds turn up for North Korea’s first beer festival

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North Korea is known for many things, but a watering hole it wasn’t — until now.

On Friday, the Communist country’s capital of Pyongyang played host to its first ever beer festival which saw 800 attendees turn up to join in the festivities. (more…)

Sapporo launched new brand for Vietnam exclusively

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1470890351-bia-cua-nguoi-viet--2-Sapporo Vietnam introduced a new product, “Blue Cup”, the first brand by the company exclusively for Vietnam consumers.

“Blue Cup” is the second product after Sapporo Premium Beer, imported to Vietnam market.”Blue Cup” is packed into 330 ml can, which stands out on shelves for its light blue colors and blue lid. (more…)

Vietnam. Delayed state divestment, listing restrict growth of Sabeco, Habeco

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Recently uncovered bad management practices at Saigon Beer, Alcohol and Beverage JSC (Sabeco) and Hanoi Beer, Alcohol and Beverage JSC (Habeco), the two largest beer companies in Vietnam in terms of market share, show that the longer they delay becoming public companies, the more they will lag behind competitors. (more…)