China’s brewers face an unfamiliar challenge — sinking sales

  • Reading time:3 min(s) read

After years of steady growth, China’s beer market is losing its fizz as the economy slows and consumers turn to other types of alcohol. To stay afloat, the country’s brewers are looking to reduce overcapacity and otherwise downsize their operations. (more…)

Thailand. Investors in Thai Big C cheer $3.5 billion stake sale, rival bid seen unlikely

Thailand. Investors in Thai Big C cheer $3.5 billion stake sale, rival bid seen unlikely
A Big-c Supercentre is pictured on the outskirts of Bangkok, Thailand, January 27, 2016. REUTERS/Athit Perawongmetha
  • Reading time:3 min(s) read

Investors in Big C (BIGC.BK), one of Thailand’s largest supermarket chains, cheered on Monday an up to $3.5 billion deal by France’s Casino Group (CASP.PA) to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi. (more…)

China. San Miguel registers HK$16.9-m loss in Hong Kong operation

  • Reading time:3 min(s) read

San Miguel Brewery Hong Kong, a unit of conglomerate San Miguel Corp., registered a consolidated net loss of HK$16.9 million in 2015, a turnaround from a profit of HK$37 million in 2014, on lower volume due to the non-renewal of distribution agreements with Anheuser-Busch. (more…)

India. Tamil Nadu bars in all Tasmac outlets closed

  • Reading time:3 min(s) read

In a tug of over renewal of bar licence, the arm twisting resorted to by Coimbatore District Bar Owners Association with the Tamil Nadu State Marketing Corporation (Tasmac) officials resulted in the authorities closing and sealing all the 196 bars in Coimbatore district since February 4. (more…)

Vietnam. In January 2016 Sabeco produced 4 times more beer than Habeco

  • Reading time:2 min(s) read

The Ministry of Industry and Trade of Vietnam released a report on the state of industrial production of beer, wine and soft drinks. According to the information received, in January 2016, the company Habeco produced 35.1 million litres of beer, while Sabeco – 138.5 million litres. (more…)

Will This Little-Remembered Clause Keep A-B InBev From Owning Popular Chinese Brewer CR Snow?

  • Reading time:4 min(s) read

Anheuser-Busch InBev may get a chilly reception from Chinese regulators if it moves ahead in keeping the CR Snow beer brand in its portfolio. Image source: China Resources.

Chinese brewer CR Snow may be among the most valuable assets in SABMiller’s portfolio of brands, so it’s understandable that Anheuser-Busch InBev — which is planning to acquire SABMiller – would be reluctant to sell it despite conventional wisdom suggesting it will have to do so if it wants to get regulatory approval from China for the deal. But the brewer may be forced to sell the brand thanks to an apparently forgotten provision of a document it signed back in 2008 when InBev bought Anheuser-Busch. (more…)