India’s Prohibition Hypocrisy

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Last month, 18 people in the Gopalganj district of India’s Bihar state died after consuming illicit alcohol, highlighting – once again – the peculiar relationship between morality and tragedy in India. (more…)

Thailand. ThaiBev looks abroad to grow

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Thai Beverage Plc (ThaiBev) will aggressively boost its business footprint in Asean through mergers and acquisitions, including a further stake in Vinamilk, Vietnam’s largest dairy producer. (more…)

Vietnam Government to have $7 billion by selling 12 big SOEs

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Two of the 12 state-owned enterprises (SOEs) to be sold by 2017, as instructed by Prime Minister Nguyen Xuan Phuc, are Sabeco and Habeco, the two largest breweries in Vietnam. The state holds a 89.59 percent and 81.79 percent stake, respectively. (more…)

ThaiBev reorganised to realise Vision 2020

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According to the company’s internal announcement on Wednesday, its board of directors has approved a new organizational structure, effective October 1, 2016, to pursue Vision 2020 aspirations in becoming a stable and sustainable ASEAN leader in beverage industry. (more…)

Vietnam. Saigon Beer Can Quench Asahi’s Thirst

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Who’s in pole position to buy a stake in Vietnam’s biggest brewer?

AB InBev and SABMiller, Heineken, Asahi, Kirin, ThaiBev and Singha Asia have all registered to bid for stakes in state-owned Sabeco, maker of Saigon Beer and 333. With a price tag of at least $1.8 billion and a government facing a ballooning budget deficit, interested parties don’t need to beat down the door. (more…)