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…)
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 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…)
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…)
United Breweries’ June quarter net earnings increase 20.4% because of double-digit growth in eastern and southern markets at 18% and 13%, respectively. (more…)
Angkor Beer Company announced its partnership with Asahi Japan to distribute Asahi Super Dry, Japan’s top-selling beer. (more…)
From January till June 2016, the beer import to China grew by 40% to 310.53 million liters. In 2015, the growth was 63% over the same period. (more…)
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…)
The combined market value of three largest companies — United Spirits, United Breweries and Radico Khaitan — crashed 30 per cent to Rs 55,392 crore from a year ago. (more…)
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…)