SABMiller China Partner Said to Pick Banks to Advise on Snow JV
China Resources Beer (Holdings) Co. has chosen banks to advise on options for its Chinese brewery joint venture with SABMiller Plc, people with knowledge of the matter said. (more…)
Vietnam. Beer production continues to grow, the largest brewer backs down
According to official statistics, in November 2015, beer production of Vietnamese industry amounted to 298.8 million liters of beer that is 8.7% more than for the same period last year. (more…)
Civil servants among biggest drinkers in Vietnam: survey
Civil servants and young people are the biggest drinkers in Vietnam, according to a recent survey by the Institute of Sociology in Hanoi. (more…)
Malaysia. Halal Beer – Is There Such A Thing?
Ask any Muslim whether drinking beer is haram (prohibited), and their answer will be an obvious ‘yes’, due to the high alcohol content in the beverage that is intoxicating. The same goes with all Muslims living in Malaysia, ask them the same question, and they too are well aware that the substance is haram. (more…)
China Resources Beer appoints advisers on SABMiller joint venture
China Resources Beer (Holdings) has chosen banks to advise on options for its Chinese brewery joint venture with SABMiller, people with knowledge of the matter said. (more…)
CEO of Yanjing Beer: “China enters into a phase of oligopolistic competition“
Li Fucheng, CEO of Beijing Yanjing Beer Group Corporation, commented on the situation on the beer market in China at the economic conference. (more…)
Vietnam. 3 billion-liter beer market attracts more foreign breweries
A series of new beer brands have appeared in the domestic market recently. Many brewery groups are planning to jump into Vietnam’s promising market with 3 billion liters of beer consumed every year.
A report from Kantar Worldpanel Vietnam, a market survey firm, showed that an annual two-digit growth rate has been maintained in the Vietnamese market for many years, which is much higher than the six percent growth rate of the fast moving consumer goods (FMCG) market. (more…)
Contraband beer and liquor seized in Malaysia
More than 530,000 litres of smuggled alcohol have been removed from Malaysia’s Selangor district as Custom officers clamp down on Malaysia’s illicit alcohol market. (more…)
Vietnam. Who is the most profitable beer maker?
VietNamNet Bridge – Sabeco and Habeco, the two largest Vietnamese breweries, made VND5.3 trillion in pretax profit in 2014. However, the figure was still far below that earned by VBL, the distributor of Heineken, Tiger and Biere-Larue. (more…)
NürnbergMesse economic engine is buzzing
2015/2016 double financial year with record turnover: 195 million Euro forecast for 2015 and “250 plus X” for 2016
Go-ahead given for the next major investment in the new Hall 3C worth 70 million Euro
ifo Study: exhibition company secures 15,000 jobs and generates annual purchasing power effects worth billions (more…)