India. Bengaluru: City in a Beer Hug
Move over whiskey, it’s beer and cocktail season. Ninety per cent of the city crowd is getting high on the brew or lemon-based cocktails. (more…)
China. In 1Q2016, the sales of Tsingtao Brewery fell to 5.34%, while net profit increased by 2.47%
In the first quarter of 2016, the situation in the Chinese beer market did not significantly improved, but the competition became even more intense. Even in such conditions Tsingtao Brewery Co., Ltd. continues to explore the domestic market and introduce new and more effective methods of marketing to expand its presence in the regions of the country. (more…)
India. Firms in Punjab seek major hike in scotch, beer prices
Major liquor brands have sought to dramatically increase their ex-distillery price (EDP) in Punjab after the state government recently altered its licence category allowing ‘super-wholesalers’ to come into the business. This may lead to a dramatic increase in minimum retail price (MRP) of popular brands of scotch and beer. The excise and taxation department is talking to the manufacturers to keep the increase in check. According to one estimate, the EDP may go up by anywhere between Rs 400 and Rs 1,500. (more…)
Craft beer in Vietnam is more than a fad
Craft beer arrived in Vietnam not long ago but has quickly gained popularity here, especially among office workers. It is obvious that the trend is here to stay as it has become an exciting part of the new Vietnamese urban culture. (more…)
China. Tsingtao gets its buzz back on first-quarter profit growth
Tsingtao Brewery rebounded here Tuesday after the Chinese company announced profit growth for the January-March quarter. (more…)
India. Forget about cutting chai, try cutting beer this summer!
Beer guzzlers can now have their favourite tipple at a cutting price at beer chain The Beer Cafe, who have introduced a new concept called the “cutting beer”. It is a smaller serving of the quintessential beer mug — a quick grab if you’re in a hurry or need a midday refuel without getting drunk. (more…)
Thailand. Singha reconsiders packaging affiliate’s listing
Thailand’s Singha beer producer Boonrawd Brewery plans to spin off its packaging subsidiary, listing it on the Stock Exchange of Thailand. (more…)
India. Tasmac beer sales get summer, election kick
This might sound like something straight out of Ripley’s Believe it or Not if you were not in Tamil Nadu.
For tipplers here, though, the heat and elections combined together are a prescription for beer. That is why after two years, beer sales at The Tamil Nadu State Marketing Corporation Limited have gone up by 20 per cent. (more…)
India. Kaama Impex aims for 30 pc share of premium beer market
iquor firm Kaama Impex is aiming for 30 per cent market share in the premium imported beer segment in the next two years through its UK-brewed craft beer Witlinger.
The company, which has rights of several global beer brands in India, including Sol and Magners, today launched retail sales of Witlinger. (more…)
Diversification key to globalization for Asian companies
As Asian companies aspire to grow, they become more inclined to look beyond their home turf. Some of the successful forerunners present at the FT-Nikkei Asia300 Forum on Monday morning embody the importance of companies diversifying their business portfolios. (more…)