An authorized agent of Yanjing Beer at company Elephas Investment Management (EIM), an Asia based alternative investment management firm, represented results of a research concerning the Chinese beer market situation on 20 May, 2016. (more…)
Is Maharashtra finally bidding adieu to its archaic laws which criminalise consumption of liquor without a drinking permit? (more…)
May 20 kicked off the fifth annual Shanghai Beer Week. Beer is huge in the world’s most populous nation, and craft beer is growing — Shanghai’s Boxing Cat Brewery even won a silver medal at last month’s World Beer Cup. According to reports by the USDA Foreign Agricultural Service, China has been both the world’s largest beer producer and consumer for more than 12 years. However, in 2014, domestic production declined for the first time in a decade, just as the craft beer market has started to grow. (more…)
Uttar Pradesh Chief Minister Akhilesh Yadav on Wednesday remained non-committal on banning liquor in the State even as he advised people to “drink less”. (more…)
On May 24, 2016, at a board meeting an elective resolution was taken to close Chongqing Brewery Bozhou Co., Ltd in Anhui, with a production capacity of 40 mln liters of beer per year.
Closing the brewery in Anhui province fully complies with the optimization policy which was agreed upon at Chongqing Brewery Co., Ltd board meeting on 27 November, 2015. (more…)
Indonesia’s capital Jakarta is bringing beer back to its mini-marts, the city’s governor said on Tuesday (May 24), more than a year after sales of the alcoholic drink were banned in small retailers in the world’s most populous Muslim nation. (more…)
Tennent’s is to be distributed across China after owner C&C Group agreed a strategic partnership with Beijing-based import business Vandergeeten. (more…)
The bottling of non-alcoholic beer under the Austrian brand was launched at Heineken’s breweries in St. Petersburg and Nizhniy Novgorod in April under a license agreement with the copyright holder — Brau Union Osterreich Aktiengesellschaft (Heineken’s subsidiary). (more…)
Thai Beverage Public Company Limited (“ThaiBev”) published the performance of the first quarter of 2016. (more…)
UBHL has sought a month’s time to file last fiscal’s results citing “uncertainties” resulting from ongoing cases against its Chairman Vijay Mallya in the Supreme Court and Debt Recovery Tribunal over the Rs 9,000 crore dues owed by its defunct group firm Kingfisher Airlines to lenders. (more…)
