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…)
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…)
Hugh Hefner’s Playboy Enterprise, which also publishes the popular men’s adult magazine, today launched its first Playboy Beer Garden in Pune, with a total investment of Rs 5 crore. PB Lifestyle, which is sole master and exclusive license holder of Playboy in India, will invest another Rs 50 crore over the next three years for expanding the business. (more…)
In a sweetheart deal, flamboyant businessman Vijay Mallya today quit as Chairman of United Spirits after its new majority owner Diageo agreed to pay Rs 515 crore and absolve him of all liabilities over alleged financial lapses at the company founded by his family. (more…)
Fitch Ratings has affirmed Distilleries Company of Sri Lanka PLC’s (DIST) National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable. (more…)
A new study has found that ‘absolute alcohol’ intake via Indian Made Foreign Liquor (IMFL) brands and beer and wine combined in the state has fallen by 9.64 per cent in the first six months of 2015 compared to the same period in 2014. On the flip side, the alcohol intake via beer and wine separately has risen by 61.83 per cent and 249.17 per cent respectively. (more…)
Myanmar is a home for about 55 million people, including many beer lovers. Due to this, Dagon, as the second largest brewery of the country, is developing rapidly and the demand for its products is growing rapidly. In particular for beer in cans. (more…)
A lobby of beermakers has requested the Karnataka government to open more beer and wine shops in the state and bring down taxes. (more…)
Producers of aluminum cans, as well as the sheet they are made from, are expanding Southeast Asian output capacity in anticipation of sharp growth in beverage-packaging demand. (more…)
CPI State secretary Kanam Rajendran has said he is ready for a debate with the Kerala Catholic Bishops Conference (KCBC) on liquor ban. (more…)
