Contraband beer and liquor seized in Malaysia

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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?

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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

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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…)

China. Interest in imported beer continues unabated

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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…)

Vietnam. Local beer players face foreign firms

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Sabeco is the biggest Vietnamese beer maker, with a 46-per-cent market share. The Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) accounts for 17.3 per cent of the market.

The local beer market is set to face tough competition due to a rising number of foreign brewers moving into the market after Viet Nam joins the Trans-Pacific Partnership (TPP), experts said. (more…)

Malaysia. GAB: Business As Usual Despite Ownership Change

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Guinness Anchor Bhd (GAB) does not expect any major shift in business directions following the takeover of its holdings company GAPL Pte Ltd by Heineken NV last October.

GAB MD Hans Essaadi said despite having a new parent entity, GAB is committed towards its business model which has propelled it to become a leading brewer in the market with a strong product line. (more…)