Sri Lanka’s largest beer maker who has seen sales fall as taxes on soft alcohol were raised in quick succession late last year says the current tax policy which is making hard alcohol more attractive to consumers is ‘shocking’. (more…)
At the presentation for investors Jean-François van Boxmeer, CEO of Heineken NV, and CFO Laurence Debroux told about the company’s performance in Asia in 2015. (more…)
Someone once told me that you cannot go wrong investing in a company making alcoholic beverages:
When times are good, people celebrate and drink. When times are normal, people socialize and drink. When times are bad, people weep and drink. No matter what, people will drink. (more…)
Vietnam Brewery Limited (VBL) would neither change its join venture member nor sell Laru beer brand to China, said VBL managing director Leo Evers yesterday. (more…)
Local microbreweries are on the rise, creating premium drinks out of indigenous flavors for a thirsty nation with a taste for the unusual. (more…)
Some local newspapers recently quoted the Vietnam Beverage Association (VBA) as saying that in 2015 Vietnam’s beer output reached 3.4 billion liters, an increase of 40.72% compared with 2010 and alcohol output (industrial production) of 70 million liters. (more…)
Naming a borrower a wilful defaulter might be an easy thing for a bank to do. However, the real challenge lies in proving that the default was done wilfully, and in a banking system largely driven by paperwork for appraisal and monitoring, there is little a banker can do to establish the ill intent of a borrower. (more…)
At the presentation for investors Christopher Warmoth, Senior Vice President of Carlsberg Geroup, told about the company’s performance in Asia in 2015. (more…)
Vjay Mallya-led United Breweries Holdings Ltd today said it has been declared a “Willful Defaulter” by Punjab National Bank (PNB) and the company is consulting lawyers to challenge the decision. (more…)
World of Beer is about to become an international brand. (more…)
