The Competition Commission of Singapore (CCS) has cleared the acquisition of Singapore beer firm GAPL by Dutch brewing giant Heineken, the watchdog said on Tuesday (Jul 19). (more…)
Tiger Beer, Singapore’s first locally brewed beer, has officially launched in New York City, it announced on Thursday (Jun 9). (more…)
C&C Group has signed a distribution partnership with InterBev Singapore, a subsidiary of ThaiBev, to strengthen the presence of its Magners brand in key market growth channels inside the Asian country. (more…)
Craft Singapore, the city-state’s first-ever craft beer festival, launches Friday in hopes of luring lager and ale guzzlers to more independent fare. (more…)
Silhouetted against pastel-colored shophouses in the historic Chinatown district of Singapore, Daniel Goh leaned forward at a lime-green table on the second floor of the Chinatown Complex to take a break from his animated critique of the city-state’s rapidly developing craft beer scene. “The thing most people don’t know,” he said, “is that people used to come here to die.” (more…)
Someone once told me that you cannot go wrong investing in a company making alcoholic beverages:
When times are good, people celebrate and drink. When times are normal, people socialize and drink. When times are bad, people weep and drink. No matter what, people will drink. (more…)
Thanks to higher dairies revenue.
Fraser and Neave reported that its net profit from continuing operations jumped 34% to $25.5m in the first quarter, boosted by a staggering 92% surge in profits from its Dairies segment. (more…)
Expanding in the ASEAN might make better sense.
Analysts are wary over Fraser and Neave’s involvement in the EUR3 billion sale of premium European beer brands Peroni and Grolsch. (more…)