Consumers will now have to pay more for beers with a higher alcohol content.
There will be no cheers from drinkers now that a revised excise duty, calculated according to the alcohol level in beverages, has been introduced. (more…)
Officials of the Food Safety Department on Wednesday seized more than 1,300 bottles of expired beer from the State Beverages Corporation outlet at Edappally. (more…)
In the last few years, the brewing industry in Ukraine is in a difficult situation. According to Evgeny Shevchenko, the CEO of Carlsberg, on the whole, in 2015 the production of beer in Ukraine fell by 17% to 193 million liters due to the increase of the tax burden and decrease of the purchasing power of the Ukrainians. (more…)
China Resources Beer (Holdings) Co. agreed to buy out the remaining stake in its Chinese venture with SABMiller Plc for $1.6 billion, smoothing the way for a takeover of its partner by Anheuser-Busch InBev NV. The Chinese brewer’s shares jumped. (more…)
Silhouetted against pastel-colored shophouses in the historic Chinatown district of Singapore, Daniel Goh leaned forward at a lime-green table on the second floor of the Chinatown Complex to take a break from his animated critique of the city-state’s rapidly developing craft beer scene. “The thing most people don’t know,” he said, “is that people used to come here to die.” (more…)
China Resources Beer will pay $1.6 billion to buy out SABMiller Plc’s stake in their China Resources Snow Breweries venture, a much lower price than expected and sending shares in the state-backed firm soaring by a quarter in value. (more…)
Chang Beer’s new look was a hit.
When ThaiBev launched a sleek new green bottle for its flagship Chang Beer brand, the market reaction was almost inebriating. The group’s net profit from beer surged by a staggering 207% year-on-year, while its total market share jumped from 30% to 38% in the span of a few quarters. (more…)
“The beer garden is not just a beer café but will also have its own brewery,” said Parag Sanghavi, Chairman of PB Lifestyle, the licence holder of Playboy India. (more…)
Recently ThaiBeverage Public Company Limited have presented their performance in 2015. The total sales revenue has grown 6.2% to Baht 172,049 million. (more…)
Commenting about the beer and wine consumption in Vietnam, Pham Chi Lan, a renowned economist, said Vietnamese hold a record in alcohol drinking but they should not be proud of this. (more…)
