Just a month ahead of elections in Tamil Nadu, the two Dravidian parties — which have been ruling the state for nearly half a century — have now promised that they would work towards total prohibition. So, whichever party comes to the power after May 16, it is clear that the state is set to become a no-liquor state, but the question is how revenue of around Rs 27,000 crore, which is coming out of liquor sales, will be compensated. (more…)
The Chinese beer market is the world’s largest, yet it is experiencing negative volume growth after growing continuously for the past 24 years, according to China Alcoholic Drinks Association (CADA). Industry insiders say domestic beers have to look for new strategies to stimulate their growth in the next three to five years. (more…)
The brands of Asia Pacific Breweries (APB) Group remain the most popular in Thailand. The best proof is the leading position of the flagship brand Heineken, which almost entirely forms the largest premium segment of the beer market. (more…)
A freshly brewed pint of beer on a hot summer day would sound good to many, but Delhiites will have to wait as the government’s policy for micro-breweries remains lost in paperwork.
Small breweries and craft beers have gained popularity over the past decade across the country. (more…)
Four Chinese beer brands are among the world’s top 10 best-selling beers, according to market research firm Euromonitor International.
The business intelligence company’s 2015 ranking show that breweries Harbin, Yangjin, Tsingtao, and Snow were among the world’s top 10 best sellers based on market share. This likely accounts to China’s large population, which is anticipated to generate a steady beer demand. (more…)
Shares of liquor distribution and distillery companies tumbled on Monday after Bihar imposed a blanket ban on the sale of liquor in the state and AIADMK promised a similar ban in Tamil Nadu. (more…)
According to the results of 2015, the sales of Chongqing Brewery Co., LTD have decreased by 5.55% compared to 2014 to 989.5 million litres. (more…)
Troubled tycoon Vijay Mallya’s pangs have just got worse.
Overseas banks have now started to tighten the screws on the beer baron who scurried out of India last month after a passel of local banks declared him a wilful defaulter and initiated court proceedings to recover over Rs 9,000 crore in unpaid loans. (more…)
If a combination of Anheuser Busch InBev and SABMiller could prompt the mega-brewer to focus on its bigger brands and see a massive worldwide distribution, then it should also be the case for Malaysian-listed Guinness Anchor Bhd (GAB), whose major shareholder now is the second largest beer group in the world by volume, Heineken NV. (more…)
Alco-bev beer bar chain Beer Cafe has extended its brand to merchandise across close to 30 categories under the brand name Beerosphere, a statement issued by the company said. (more…)