China Resources Beer shares down 4% after rights issue

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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…)

Boozy battle-ground: a turf war brews in Myanmar

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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…)

Thai beer drinkers power Singapore’s best stock

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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…)

New survey shows Russians want traditional Russian beer

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Russian Public Opinion Research Center (VCIOM) has publicly presented its latest survey data on the demands and aspirations of the local beer-drinkers. The main goal of the poll was to establish what kind of beer Russians would prefer to see in stores, what they think about the nation’s brewing industry, and in what cases Russians deem the consumption of beer appropriate. (more…)

Foreign investors may flatten Vietnam beer market

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A recently released study by the Vietnam Industry Research and Consultant (VIRAC) shows that beer production and consumption in Vietnam for 2014 reached an all-time record high of 3.1 billion litres with revenue of US$4.56 billion. (more…)