Vietnam. No alcohol – only tea and milk

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A resolution on the prohibition of the consumption of beer, wine and other alcoholic beverages at state establishments of the region before and after Lunar New year has been issued in the Vietnamese province of Kon Tum. (more…)

China. Baijiu far outperforming nation’s beer market

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Chinese people may be shifting away from traditional alcoholic drinks like baijiu, an industry already hit hard by Beijing’s crackdown on corruption, but top distillers like Kweichow Moutai still offer a good investment opportunity, says a new Macquarie research report. (more…)

Drinktec 2017: Focus on water and energy management

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Water is the most important basic ingredient for the brewing and beverages industry. But that´s just part of the story. In the production processes, water fulfills many other functions—either as process water, an energy carrier or in cleaning operations. (more…)

Malaysia. Tapping into an auspicious year

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Chinese New Year celebrations kicked off with a cheer for the Star Media Group Bhd (formerly known as Star Publications (M) Bhd) management and staff as Carlsberg Malaysia visited Menara Star in Section 16, Petaling Jaya. (more…)

India. The Beer Cafe is looking to raise nearly $40 mn from PE funds

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BTB Marketing Pvt. Ltd, the New Delhi-based company that runs The Beer Cafe, a chain of beer bars, is in talks with private equity funds to raise up to $40 million (Rs.270 crore) to expand its presence across the country, said two people directly familiar with the development. (more…)

Australia&China. Woolworths plans to heat up liquor sales with Snow

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Woolworths is being trounced in hardware and beaten in supermarkets but its liquor business is still performing strongly, and has just struck an exclusive deal to sell the biggest beer brand in the world for the first time in Australia through its outlets. (more…)

Thailand&Vietnam. Singha transferred $650 million for purchasing shares of Masan Consumer and Masan Brewery Holdings

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Within the framework of the previously signed agreement, on January 28 Singha Asia Holding transferred $650 million of investment for purchasing shares of Masan Group. Of this, $600 million were transferred to pay 14.3% of the shares of Masan Consumer Holdings (MCH), and the remaining $50 million were for payment of 33% of the shares of Masan Brewery. (more…)