China. Ziemann Holvrieka has a 40 percent share of the domestic market
It has seven manufacturing plants in Asia and Europe and it plans to build more factories in emerging markets to secure more market share. (more…)
India. Beer boutique opened in Bangalore
Beer is said to be one of the world’s most widely consumed beverage. It is the third-most popular drink after water and tea. (more…)
The Rising Upper Middle Class Vice of Craft Beer Infiltrates China
Waiters serve small glasses of beer arriving from Europe, Japan and New Zealand to hundreds of tasters who gather at the Festival of Craft Beer in Beijing, raising a toast to the rise of this upper middle class vice in the land of Mao. (more…)
Malaysia. Traders fear booze tax hike
There will be little cause to say “cheers” for the 3.5 million drinkers in the country if the Government decides to review the alcohol tax next month. (more…)
Thailand. ThaiBev kept at ‘buy’ by DBS with 82 cents target
DBS Vickers Securities is keeping its “buy” call on Thai Beverage with a target price of 82 cents. (more…)
China. Chongqing Brewery announced the closure of the brewery in Liupanshui
Chongqing Brewery announced the closure of the only brewery in Liupanshui city. The reason of production suspension is the decrease of the brewery’s profitability and policy of reducing the number of redundant businesses. (more…)
India. UBL starts beer supply from acquired Rajasthan brewery
Liquor baron Vijay Mallya-led United Breweries (UBL) has commenced supply of beer from a brewery in Rajasthan it acquired in 2014. (more…)
Halal “Bavaria” in Malaysia
Correct us in the comments if we’re wrong, but in the Quran, the warning is to not drink ‘khamr’. Khamr means any kind of drink or drug that causes intoxication, so that leaves out small amounts of alcohol found in many foods and drinks that we eat every day, such as grapes and tapai. (more…)
Indonesia. Dozens of illegal bars razed to the ground in Jakarta
One of Indonesia’s oldest red-light districts was demolished on Monday in an operation overseen by hundreds of police and troops, as authorities press on with a plan to close all brothel areas in the Muslim-majority country. (more…)
China. AB InBev financial results of 2015 and expectations for 2016
According to Anheuser-Busch InBev Full Year 2015 Results report, company’s revenue grew by 6.3% in FY15, with revenue per hl growth of 7%. (more…)