Booze tax goes up in Malaysia

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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…)

Ukraine. The beer market is falling, but sales of some companies continue to grow

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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 gains more than 49% of China Snow

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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…)

In Singapore, Craft Beer Where You’d Least Expect It

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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…)

Thailand. Bottoms up! ThaiBev bucks weak demand as beer sales fuel growth

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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…)