China Resources Beer will pay $1.6 billion to buy out SABMiller Plc’s stake in their China Resources Snow Breweries venture, a much lower price than expected and sending shares in the state-backed firm soaring by a quarter in value. (more…)
Chang Beer’s new look was a hit.
When ThaiBev launched a sleek new green bottle for its flagship Chang Beer brand, the market reaction was almost inebriating. The group’s net profit from beer surged by a staggering 207% year-on-year, while its total market share jumped from 30% to 38% in the span of a few quarters. (more…)
“The beer garden is not just a beer café but will also have its own brewery,” said Parag Sanghavi, Chairman of PB Lifestyle, the licence holder of Playboy India. (more…)
Recently ThaiBeverage Public Company Limited have presented their performance in 2015. The total sales revenue has grown 6.2% to Baht 172,049 million. (more…)
Commenting about the beer and wine consumption in Vietnam, Pham Chi Lan, a renowned economist, said Vietnamese hold a record in alcohol drinking but they should not be proud of this. (more…)
It has seven manufacturing plants in Asia and Europe and it plans to build more factories in emerging markets to secure more market share. (more…)
Beer is said to be one of the world’s most widely consumed beverage. It is the third-most popular drink after water and tea. (more…)
Waiters serve small glasses of beer arriving from Europe, Japan and New Zealand to hundreds of tasters who gather at the Festival of Craft Beer in Beijing, raising a toast to the rise of this upper middle class vice in the land of Mao. (more…)
There will be little cause to say “cheers” for the 3.5 million drinkers in the country if the Government decides to review the alcohol tax next month. (more…)
DBS Vickers Securities is keeping its “buy” call on Thai Beverage with a target price of 82 cents. (more…)
