Anheuser-Busch InBev NV will try to defy conventional wisdom and hold on to SABMiller PLC’sChina beer business CR Snow, according to two people familiar with the company’s plan. (more…)
The Ministry of Corporate Affairs has sent a notice to United Spirits Ltd, now majority owned by British liquor firm Diageo, asking why action should not be taken against the company, its former directors and officers, which include its chairman Vijay Mallya. (more…)
According to Rosstat, in 2015 beer production in Russia decreased by 5.1% against 2014. However, in December 2015, beer production in Russia increased by 13% compared to the same period of 2014 and by 23.2% compared to November 2015. (more…)
Mumbai’s Gateway Brewing Co. and a home brewer come together to launch Kaapi, a stout infused with single-estate coffee.
What happens when you infuse an Indian stout with a single estate coffee from southern India? You get Kaapi. But, first. in case you are unfamiliar with different styles of beer, here’s a bit about stouts. (more…)
San Miguel Brewery Hong Kong issued a profits warning yesterday in a filing with the Hong Kong Stock Exchange, saying the Hong Kong arm of the Philippine-based company ‘is expected to incur a consolidated net loss for the year ended 31 December 2015’. (more…)
When he left a job in banking to join a “company that sells fish sauce” in Vietnam, Michael Nguyen’s parents wondered if he was throwing away a lucrative career. Now a big cheese at Masan Group, one of the country’s largest listed companies, the Vietnamese-American seems happy with his gamble. Masan’s brands meet a big chunk of the local demand for pungent sauces, noodles and freeze-dried coffee—and in December the firm accepted a $1.1 billion investment from Singha, a Thai brewer, to help finance an assault on Vietnam’s frothy beer market. (more…)
“Cardamom ale! It has cardamom; it is an ale,” says a nonplussed Navin Mittal, hands flapping, looking for more beer to try. At this Pune home brewers’ meet, murmurs travel around the table on how this home-brewed ale could have had more of a malt backbone to it. “Perhaps some cool aroma hops to fight the cardamom?” I enquire. Navin nods in distracted approval. (more…)
If the Chinese and Indians are happy to come to the bar to enjoy the taste of their favourite craft beer, then the Vietnamese prefer bottled beer. Foreigners are the main pubs and bars visitors in this country. (more…)
Parliament approved a new tax law for the coming fiscal year on January 22, including incentives for whistleblowers as well as a dizzying array of tax brackets for locally made alcohol and cigarettes. (more…)
Thai Beverage (TBEV.SI) has used its Singapore-listed unit Fraser and Neave (FRNM.SI) to bid for SABMiller’s (SAB.L) Peroni and Grolsch beer brands, the Thai firm’s Chief Executive Thapana Sirivadhanabhakdi said on Monday. (more…)
