he district administration has shut seven Tasmac shops in Coimbatore at Singanallur (opposite ESI hospital), Perur Chettipalayam, Cheripalayam, Sundarapuram and Vadachittur when members of AIDWA had protested. Two shops at Kinathukidavu were also shut down. (more…)
It became known today that Anheuser-BuschInBev, one of the leaders of the Chinese beer market, plans to close its brewery in Zhejiang Province, Zhoushan district. (more…)
The Supreme Court on Wednesday issued notice to beleaguered Vijay Mallya and asked him to respond within two weeks on pleas filed by consortium of 13 banks, led by State Bank of India. (more…)
Small-scale brewers from Brooklyn to Beijing are tapping growing demand from cosmopolitan Chinese consumers for high-end beers, a trend which could also help global brewing giants finally unlock frothier profits in the world’s largest beer market. (more…)
Guinness Anchor Berhad (GAB) today expressed concern that a hike in excise duties for beer and stout may drive up demand for illicit alcohol. (more…)
Competition is fierce in China’s beer industry as purveyors of alcoholic beverages battle for market share amid reverberations from acquisitions by the global giants. (more…)
The merger of two brewing giants AB InBev and SABMiller against the background of the Chinese beer market drop provided an opportunity for China Resources Beer cheaply buy back shares from the foreign partner. (more…)
C&C, the company behind Bulmers cider, has entered into a strategic distribution agreement with Asian drinks giant San Miguel. (more…)
Craft Singapore, the city-state’s first-ever craft beer festival, launches Friday in hopes of luring lager and ale guzzlers to more independent fare. (more…)
Anheuser-Busch InBev Wednesday announced the termination of a joint venture in a Chinese brewery between SABMiller and China Resources Beer.
China Resources Beer will buy SABMiller’s stake in the Beijing-based CR Snow brewing company for $1.6 billion. The sale clears the way for the completion of AB InBev’s takeover of London-based SABMiller. (more…)
