Asahi and Thai Beverage, the maker of Chang beer, were notified this week that they had qualified for the next round of bidding in Anheuser-Busch InBev’s €2.5 billion auction of the Peroni, Grolsch and Meantime beer brands. (more…)
Vietnam has a briskly growing economy, a vibrant tech scene, and a young and entrepreneurial workforce. Foreign investment is surging. Exports are thriving. The local beer is the toast of Asia. (more…)
The sales of Sapporo Brewery have reached 150-200% of the value of this indicator for the same period last year, two months after the launching of a new beer in the Vietnamese market. (more…)
When Jin Xin first started selling imported premium beer a decade ago, his bar manager predicted that it would take a month or two just to sell a single case. But within a few years business picked up, and soon customers started frequenting the bar for its India pale ales and other European beers, NDTV Food reported on January 16. (more…)
Carlsberg has caved to complaints from the family of a famous Mandalay singer, who say the Danish brewer used the title of one of his hits as the name for Tuborg Beer in Myanmar. (more…)
San Miguel Corp. (SMC) has unveiled a plan to raise some P80 billion from the sale of preferred shares, the diversified conglomerate said in a disclosure to the stock exchange on January 14. (more…)
SABMiller PLC reported a fall in third-quarter revenue as the brewer was hit by foreign exchange volatility, although at constant currency, sales climbed strongly. (more…)
Since the beginning of the year, HoReCa establishments cannot resell alcohol purchased at retail, not at wholesalers.
Since 1 January 2016, with the expansion of the scope of the USAIS, the restaurants and cafes have lost the ability to legally purchase alcohol at retail stores and sell it. Igor Bukharov, the Chairman of the Federation of restaurateurs and hoteliers, explained this to Izvestia. (more…)
Last weekend, Panda craft, a major producer of craft beer in China announced the receiving of investments in the amount of 20 million yuan.
As the founder of Panda Panding Hao stated, although the company should avoid external funding, but at this stage it is important to get money from institutional investors. (more…)
Don’t like beer for its bitter taste? India’s largest beer maker is offering a choice to consumers who can’t stand the brew. United Breweries Ltd has just launched a malt-based alcopop—called the Kingfisher Buzz—that aims to take on the Bacardi Breezer, a fruit wine-based drink much favoured by young women. (more…)