The Union of Myanmar Economic Holdings Limited (UMEHL) announced on Thursday that, after being linked to the military for more than two decades, the conglomerate has transitioned into a public company. (more…)
Corona’s China operation has tapped W+K Shanghai as brand agency. The news, announced by Anheuser-Busch InBev, comes after the global brewer tapped Wieden+Kennedy Amsterdam as its lead agency for the global Corona brand in the summer of last year. (more…)
Brewery Guinness Anchor Bhd (GAB) said it will be cautious not to hike prices of its products further in the near term on pressures of a higher inflation rate in the second half of 2016. (more…)
Beermaker United Breweries has said the Kingfisher logo that belonged to Kingfisher AirlinesBSE 3.03 % can only be used for aviation and warned of legal challenges if it is used in other categories. (more…)
In 2015, the company produced 1.1598 million tons of beer which is 0.86% less than last year. The operating income decreased by 0.19% to 3516.97 million yuan. (more…)
Troubled tycoon Vijay Mallya may offer his shares in United Breweries (UBL) to partner and Dutch beer giant Heineken to generate cash for a possible settlement with lenders of the defunct Kingfisher Airlines. If the lenders respond positively, the latest development offers Heineken a clear opportunity to gain controlling ownership of UBL, the largest domestic brewer and the last big Indian company which Mallya helms. (more…)
Two of Myanmar’s best-loved beer brands, Tiger and ABC Extra Stout, were officially returned to Dutch beer-maker Heineken yesterday after years under the ownership of local giant Myanmar Brewery. (more…)
Bihar will join the select list of states practising complete or partial prohibition with the ban on country liquor coming into force on Friday as part of chief minister Nitish Kumar’s poll promise to stop sale of alcohol. (more…)
While Law on Special Consumption Tax (SCT) and the Regulation on increase in the excise tax prepare for consideration at the meeting of the National Assembly 13, the brewers are actively seeking to postpone the entry into force of these two documents. (more…)
Amid speculations that Heineken could take control of Vijay Mallya-led United Breweries Ltd, the Dutch beer maker today said its increasing stake in UBL to 43 per cent recently will not result in any changes in Indian brewer’s governance structure. (more…)
