The Punjab and Haryana High Court today declared invalid a provision in the Punjab excise policy of 2016-17 for allotment of licence under a new category, L-1A, to entities that only were allowed to buy liquor directly from breweries and distilleries. (more…)
Tiger Beer, Singapore’s first locally brewed beer, has officially launched in New York City, it announced on Thursday (Jun 9). (more…)
China does not suffer from lack of small breweries. In total, according to the industry experts there are more than 2000 breweries of various scales. Twenty years of merges and takeovers of big companies did not influence the operation of small entrepreneurs; many of them can produce craft beer. (more…)
Heineken is pouring money into Vietnam, which lags only Mexico on profitability for the Dutch beverage giant, according to the company’s Asia Pacific President Frans Eusman. (more…)
Anheuser-Busch InBev NV’s $107 billion acquisition of SABMiller Plc is nearing Chinese approval after the companies agreed to divest the maker of Snow beer, the world’s top-selling brand, according to people familiar with the matter. (more…)
According to Hai Tong Securities research report, the craft beer market in China is growing rapidly and the gross margine and net profit margine in this sector amount to 50% and 30% correspondently. This is much more than the producers of the traditional bottle beer earn. (more…)
C&C Group has signed a distribution partnership with InterBev Singapore, a subsidiary of ThaiBev, to strengthen the presence of its Magners brand in key market growth channels inside the Asian country. (more…)
It’s been two weeks since Tamil Nadu Chief Minister Jayalalithaa signed the file to down shutters of 500 Tasmac shops across the State and reduce the operating hours of outlets. But if the trend in Chennai is any indication, there has not been any drastic dip in sales, and it is business as usual for many of the outlets. (more…)
In mid2015, the Ministry of Industry and Trade of Vietnam proposed the government to sell the state share stock of company Sabeco in an open auction. It is planned to cut the state share portfolio from 89.59% to 36%. Though the proposal was put forward nearly a year ago, the decision is still not taken. (more…)
Witlinger craft beer positions itself as a brand associated with The Adventurer personality with the tag, “Fearless. Daring. Spontaneous. First to try”. Since that description fits me to “T”, the beer already had my attention before I had even taken a sip. While Witlinger has been available in India as a draft beer since April 2014, the event I attended at the British High Commission was its launch in bottles for the retail market. (more…)
