Mr. Li Ruxiong resigned from the position of Executive Director, Chief Financial Officer and the company’s secretary. He will be replaced by Li Boasheng, who joined CR Brewery team in September 2008, at the age of 49. (more…)
ThaiBev, the conglomerate owned by Thai billionaire Charoen Sirivadhanabhakdi, has been chasing Sabeco’s stakes for a few years. More than 10 investors have registered to buy Sabeco’s shares. Why are investors so interested in the Vietnamese beer manufacturer? (more…)
San Miguel Brewery, Inc. (SMB) could book P12 billion to P15 billion in net income by the yearend, with the company already netting P4 billion during the first quarter, its chairman said. (more…)
Residents of Alagarmalai village in Ullatti Panchayat located on the Masinagudi Ghat Road in The Nilgiris picketed a Tasmac outlet on the road seeking its closure. B. Nanjappan of the village said that the outlet is located around 50 m away from a government primary school. (more…)
The revenue of Chinese Tsingtao Brewery Co., Ltd in 2015 amounted to 27.63 billion yuan which is 4.87% less versus the previous period. And the net profit decreased by 20.18% to 1.612 billion yuan. (more…)
The Russian government has prepared amendments to the legislation providing for a ban on the production and sale of alcohol in plastic bottles larger than 1.5 liters, reported on the website of the Cabinet. It is expected that this will reduce the consumption of alcoholic beverages, which dropped significantly during the crisis. (more…)
Vijay Mallya is likely to step down as chairman of United Breweries, being automatically disqualified in line with the market regulator’s notification barring wilful defaulters from holding board positions in listed companies. Controlling stakeholder Heiniken and the board of directors will meet soon in this regard to identify a successor, said people aware of the matter. (more…)
Villagers of Melasirubodhu and Kattoorani, including large number of women, thronged the Collectorate here on Monday, demanding closure of TASMAC shops, posing problems to the local people and disturbing social harmony. (more…)
On 27 May, it became known that the usual «big green stick» bottle of Snow Beer of 580 ml was substituted by a new pack of 500 ml. A row of supermarkets practically do not propose beer in the old pack any more as it was replaced by half-liter bottle which has already become standard. (more…)
Vietnamese, from economists to housewives, now are talking about the presence of Thai manufacturers in nearly all business fields. Thai products have been flooding the Vietnamese market, from footwear to toothpaste, from electric household-use appliances to cosmetics. (more…)
