China Resources Beer appoints advisers on SABMiller joint venture
China Resources Beer (Holdings) has chosen banks to advise on options for its Chinese brewery joint venture with SABMiller, people with knowledge of the matter said. (more…)
CEO of Yanjing Beer: “China enters into a phase of oligopolistic competition“
Li Fucheng, CEO of Beijing Yanjing Beer Group Corporation, commented on the situation on the beer market in China at the economic conference. (more…)
Vietnam. 3 billion-liter beer market attracts more foreign breweries
A series of new beer brands have appeared in the domestic market recently. Many brewery groups are planning to jump into Vietnam’s promising market with 3 billion liters of beer consumed every year.
A report from Kantar Worldpanel Vietnam, a market survey firm, showed that an annual two-digit growth rate has been maintained in the Vietnamese market for many years, which is much higher than the six percent growth rate of the fast moving consumer goods (FMCG) market. (more…)
Contraband beer and liquor seized in Malaysia
More than 530,000 litres of smuggled alcohol have been removed from Malaysia’s Selangor district as Custom officers clamp down on Malaysia’s illicit alcohol market. (more…)
Vietnam. Who is the most profitable beer maker?
VietNamNet Bridge – Sabeco and Habeco, the two largest Vietnamese breweries, made VND5.3 trillion in pretax profit in 2014. However, the figure was still far below that earned by VBL, the distributor of Heineken, Tiger and Biere-Larue. (more…)
NürnbergMesse economic engine is buzzing
2015/2016 double financial year with record turnover: 195 million Euro forecast for 2015 and “250 plus X” for 2016
Go-ahead given for the next major investment in the new Hall 3C worth 70 million Euro
ifo Study: exhibition company secures 15,000 jobs and generates annual purchasing power effects worth billions (more…)
Delhi sees dip in consumption of Indian beer, local spirits
Consumption of locally brewed beer and spirits in the national capital has registered a decline, whereas intake of Indian-made foreign liquor has slightly increased here during 2014-15, an official data revealed today. (more…)
Vietnam’s fund manager acquires US distributor of Saigon beer
More Saigon beer products are expected to be shipped to the US, following the takeover of the US distributor Heritage Beverage. (more…)
China. Interest in imported beer continues unabated
The import volume of beer to China increased by 42.5% and amounting to 4.24 mln. liters in October 2015. These figures confirm the tendency of rapid growth of the market share of imported beer that dates back to 2014 continues unabated today. (more…)
India. Spanish beer giant Mahou SA eying launch of San Miguel beer in Indian market
Spanish beer giant Mahou SA is eying a potential launch of San Miguel beer to boost its presence in the Indian market. Mahou, which owns he trademark in Europe, has had early discussions with San Miguel Corporation (SMC) of Philippines in this regard. (more…)