India. Select FMCG shares trade weak; HUL, Dabur, Colgate hit 52-week low

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Shares of fast moving consumer goods (FMCG) companies were trading lower in an otherwise firm market with prominent stocks like Hindustan Unilever (HUL), Dabur India, Colgate-Palmolive (India) and United Breweries from the index hit their respective 52-week lows on the BSE in intra-day trade. (more…)

India. Pint-sized businesses

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“If you’re a foodie you don’t just go to Mc Donald’s. And if you’re a beer lover you don’t just drink industrial lagers, you come to us. We are seeing people demand variety, like in the US,” says Greg Kroitzsh, MD, Barking Deer, a Lower Parel pub. Pankil Shah, a director of Neighbourhood Hospitality, which owns Woodside Inn, which has branches in Colaba and Oshiwara, says that now that craft beer is on par with the big labels in terms of pricing, “We have a lot of repeat customers who come back for the taste of craft.” (more…)

China. Shares tank on weak sales report

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China Resources Beer (Holdings) fell sharply here during Thursday trading as China’s largest brewer reported dismal sales numbers for the latter half of 2015. (more…)

India. Beer packs a punch in Delhi this winter

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Come winter, Delhiites would typically reach for a bottle of rum to stay warm. In the summers, they would opt for a chilled can of beer.

Maybe it is the unusually warm winter this time or changing tastes, but Delhiites are turning this notion on its head. (more…)

Asian giants still in running for beer brands

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Asahi and Thai Beverage, the maker of Chang beer, were notified this week that they had qualified for the next round of bidding in Anheuser-Busch InBev’s €2.5 billion auction of the Peroni, Grolsch and Meantime beer brands. (more…)

Vietnam. Don’t Blow It

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Vietnam has a briskly growing economy, a vibrant tech scene, and a young and entrepreneurial workforce. Foreign investment is surging. Exports are thriving. The local beer is the toast of Asia. (more…)

China. Consumers swap mass-produced local beers for imports and local craft beers

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When Jin Xin first started selling imported premium beer a decade ago, his bar manager predicted that it would take a month or two just to sell a single case. But within a few years business picked up, and soon customers started frequenting the bar for its India pale ales and other European beers, NDTV Food reported on January 16. (more…)