Thai Beverage Public Company Limited Joins In The Race To Capture Vietnam’s Beer Market

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Thai Beverage Public Company Limited (SGX: Y92) has an ambitious target of having more than 50% of its revenue coming from outside of Thailand by the year 2020. Currently, the company generates more than 90% of its revenue within Thailand. However, now it seems that the company might be able to move closer to its target as that opportunity is opening up in Vietnam. (more…)

The move to Shanghai is bearing fruit

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Only six weeks to go before CHINA BREW CHINA BEVERAGE (CBB) opens its doors for the first time in Shanghai: from October 11 to 14, 2016. CBB is continuing to grow, showing clearly that the move to Shanghai was the right step. (more…)

San Miguel Brewery Hong Kong posted results for first fiscal quarter 2016

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San Miguel Brewery Hong Kong Limited posted a loss of HK600,000 (US$77,360) for its first fiscal quarter results, ended June 30, according to its filing with the Hong Kong Stock Exchange. The beer manufacturer saw a 4.7 per cent year-on-year drop in its consolidated revenues, amounting to HK$259.5 million for the period. (more…)

India. Despite shorter sales window, TASMAC does brisk business

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Staff manning twenty TASMAC shops at prime locations in Chennai including T. Nagar, Egmore and Anna Salai echoed the same views.

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The recent decision of Tamil Nadu State Marketing Corporation Ltd (TASMAC) to curtail the working hours of its outlets has had no impact on sales, inquiries reveal. TASMAC, a government-owned company, has a monopoly over wholesale and retail vending of liquor in the State. (more…)