The State Government appears to have decided to develop Visakhapatnam on the lines of Goa minus casino by granting permission to set up beer parlours at beachfront shacks to promote tourism. It has already issued orders amending the rules which has been hailed as a ‘pro-active’ measure by the Hotel and Restaurants’ Association of Andhra Pradesh (HRAAP) while the Excise Department is tight-lipped over it. (more…)
Japanese brewer Asahi and a consortium led by Swiss investment firm Jacobs Holding have made it onto the shortlist of bidders for SABMiller’s eastern European beer brands, sources familiar with the matter said. (more…)
The name which has been added on the list of businesses with capitalization value of over $1 billion is Habeco, a brewer. Habeco shares saw prices hitting the ceiling price levels in the first five trading sessions of the last weeks and had a closing price of VND95,300 per share on November 3, with the company’s value of over VND22 trillion. (more…)
Conglomerate San Miguel Corp. (SMC) booked a 54-percent year-on-year growth in core net profit to P31.1 billion at the end of September, bolstered by higher earnings across its food, beverage, power generation and oil businesses. (more…)
Danish brewer Carlsberg saw volume sales jump 20 per cent on the back of rising demand for its strong beer brands even as the overall beer market shrank 5 per cent during the July-September quarter. (more…)
As the craft beer industry in the Philippines begins to grow, the first and only brewery of artisanal beer in Palawan is set to share its taste of success to more Filipinos through expansion. (more…)
Northwest Yunnan’s Shangri-la Highland Craft Brewery went into full production only 17 months ago, and yet today one of its products became the first domestically produced Chinese beer to win an award at the prestigious European Beer Star competition. Black Yak, a porter-style draught, won a silver medal in the event’s Bohemian-Style Schwarzbier category, and Shangri-la founder Songtsen ‘Sonny’ Gyalzur was in Nuremberg to accept the award in person. (more…)
Following protests from local residents and prohibitionists, Kerala State Beverages Corporation Limited (Bevco) has decided to relocate the controversial liquor outlet on O.P. Raman Road at Moolampally near the District Collectorate to a building on Pavamani Road in the city. (more…)
The Tamil Nadu State Marketing Corporation (TASMAC) has witnessed a 10-15 per cent drop in sales across Tamil Nadu after scrapping of the Rs. 500 and Rs. 1,000 notes. (more…)
Company’s volume market share increased by 1.4%* in comparison with the similar period of 2015. Baltika’s shipments in Q3 went up by 16%. The quarter results positively influenced on company’s 9 months 2016 performance. (more…)
