The deal to the cost of 1.1 billion dollars allowed receiving 25% of the shares of Masan Consumer Holdings and 33.3% of the share of Masan Brewery. (more…)
A quarter of the wholesalers may stop beer distribution. Based on its own data and information of trade unions “Opora Rossii” estimated that it happened because of the need to join the Unified State Automated Information System (USAIS). (more…)
Shares of China Resources Beer (Holdings), or CR Beer, rose for a fifth straight session here Tuesday amid local media reports that the brewer may raise its stake in a joint venture. (more…)
British businessman Peter Bloxham thought Christmas had come early when Chinese president Xi Jinping sat down in David Cameron’s local pub to sup a pint of Greene King real ale. Days later the phone was ringing off the hook with punters wanting to know where they could buy the beer that ‘Dada Xi’ – as the Chinese leader is affectionately known – was seemingly so fond of. (more…)
The Saigon Beer, Alcohol and Beverage Corporation (Sabeco) has said it will not sell major stake to overseas investors, even as foreign companies, including Thai tycoons, are vying for ownership in the state-owned brewer. (more…)
The opening ceremony of the new brewery of CR Snow within the project of extending business in remote regions was held on 23 December. The capacity of the new enterprise is 3 million hectoliters of beer per year. (more…)
Drinkers buying a beer at Yangon’s roadside bar shacks used to face a limited choice: more likely than not, they would order a mug of Myanmar Beer, sometimes with a shot of coarse whisky to give the light local brew an extra kick. (more…)
India’s third-largest state is banning the sale of home-made alcohol from April 1 and limiting sales of beer, wine and liquor to state-run stores.
“It will be strongly implemented,” Nitish Kumar, the chief minister of Bihar, said Sunday. He said his move to bar “local and masala liquor” was a first step to banning all alcohol in the state. (more…)
There’s no shortage of beer in China. In sheer volume, China produces more beer than any other country. It’s even expected to overtake the US as the most valuable beer market in just a few years. The problem, according to a lot of beer aficionados, is that most of it isn’t very good. (more…)
The merger of two beer giants AB InBev and SAB Miller will lead to a monopoly in the market of China and USA. (more…)
