Danish brewer Carlsberg unveils new plans to promote growth in Asia
Danish brewer Carlsberg on Wednesday announced new strategic plans to strengthen its core business and capture growth opportunities. (more…)
5 Things to Know About Chinese Consumers
The world is watching a slowing China and is increasingly concerned that China’s consumers are about to close their wallets. A new report from consultancy McKinsey & Co. says that won’t likely be the case. Here are five takeaways from the report, which surveyed 10,000 consumers, ages 18 to 65, across 44 Chinese cities. (more…)
India. Tasmac Tries to Buy Time to Identify, Shift Outlets Near Temples and Schools
The Tamil Nadu State Marketing Corporation (TASMAC) has assured the first Bench of Madras High Court that it would collect data on location of its retail shops in the State and identify those near places of worship or educational institutions in six months and shift those outlets to other permitted places in another six months. (more…)
In January 2015 Ukraine and Belarus increased beer production by 8%, Russia is neutral
According to Rosstat, in January 2016 beer production in Russia decreased by 0.4% to 40.6 million decalitres. (more…)
United Breweries, Sanofi India and Bayer CropScience boards to go with Vijay Mallya as chairman
Boards of United Breweries, Sanofi India and Bayer CropScienceBSE 0.21 % — all chaired by Vijay Mallya — have not yet seen any revolt against the beleaguered business tycoon almost two weeks after he left the country even as lenders initiates loan recovery proceedings against him. (more…)
Vietnam. Beverage companies seek tax delay
Beverage companies seek to delay until the beginning of 2017 the application of amended regulations on calculating their special consumption tax, claiming they need more time to adjust their production plans. (more…)
Heineken eyes control of indebted Indian tycoon’s brewery
Bottles of beer are seen on an assembly line during the opening ceremony of the Heineken Beer factory outside Yangon July 12, 2015. REUTERS/Soe Zeya Tun
Heineken is likely to ask Vijay Mallya, who owes creditor banks more than $1 billion, to step down from the board of United Breweries, India’s largest brewer, three people with direct knowledge of the plan told Reuters. (more…)
China. AB InBev has launched a new brewery in Hebei province with a capacity of 250 000 tons
According to Hebei News portal, recently the brewing company Anheuser-Busch InBev has put into operation a new brewery in Baoding, Hebei province, with a capacity of 250 000 tons of beer a year. The investments in the brewery amounted to 760 million yuan. (more…)
India. Liquor set to become cheaper in Punjab
The Punjab council of ministers on Tuesday approved the state’s excise policy for 2016-17, increasing the excise revenue target by Rs 400 crore from Rs 5,040 crore in the outgoing fiscal 2015-16. (more…)
China. Midtown Shangri-La Opens with In-House Craft Brewery in Hangzhou
Here’s a bit of trivia: Over 30 years ago, Shangri-La established its first China property in the dreamy, ancient Chinese city of Hangzhou. Now, meet the Hong Kong-based group’s second 417-room property in this very city, the Midtown Shangri-La, Hangzhou. (more…)