India. UBL land issue: Chief Minister clarifies

  • Reading time:2 min(s) read

Refuting the allegations that his government had given 20 acres of land to United Breweries Limited (UBL) at a throwaway price in Palakkad district, Chief Minister Oommen Chandy said that the UDF government was only being made a scapegoat. (more…)

Malaysia. Brewers may need to be innovative

  • Reading time:5 min(s) read

Beer companies may have to adopt a different approach to target further growth in the Malaysian market amid the extremely difficult operating environment surrounding the industry currently. (more…)

India. Beer shortage hits guzzlers in Andhra Pradesh

  • Reading time:3 min(s) read

Guzzlers, who try to beat the summer heat with a sip of chilled beer, are finding the going tough this time around. The brew ran out of stocks in the depots of Andhra Pradesh Beverages Corporation (APBC) in light of the soaring demand and fall in supply. (more…)

Malaysia. Carlsberg expects a tough year in FY16

  • Reading time:2 min(s) read

Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) expects a tough year in the financial year ending Dec 31, 2016 (FY16), given the slower economic growth in Malaysia and Singapore compounded by the increase in the excise duty. (more…)

India. United Breweries Holdings Ltd appoints Ajay Kumar Vijay new CFO

  • Reading time:2 min(s) read

nited Breweries Holdings Ltd (UBHL), the holding company of former liquor baron Vijay Mallya’s UB Group, said it appointed Ajay Kumar Vijay chief financial officer with effect from April 20.
Vijay succeeds Ravi Nedungadi, who retired last month after reaching prescribed retirement age. (more…)