Heineken International BV is likely to buy out Vijay Mallya and PAC stake in United Breweries at Rs 920/share, sources say. (more…)
The local favorite Myanmar Beer still controls much of the market, but a flood of foreign beers are tapping into a consumer base thirsty for new choices. (more…)
According to Beer Industry Information Network, in 2015 the retail beer market increased by 5.4% and amounted to 51.65 billion litres. In monetary value, the retail sales increased by 12.5% and by the end of 2015 they are estimated at 450.244 billion yuan. (more…)
The tendency of ousting the major brewing brands from the market has been obvious for a long time. While the international corporations were closing their factories, the regional enterprises were increasing their facilities and a lot of minibreweries appeared on the market. But each region has its own peculiarities of beer “alternative”. The love for the draught beer and the interest in craft or regional brands are manifested in various degrees in different parts of Russia. To better understand the tendencies in the beer market it is necessary to analyze it in every region. (more…)
Despite the fact that in 2015 Sabeco produced 1.38 billion liters of beer, the experts say very little growth of the company. Meanwhile, Heineken was able, for the very first time, to outstrip Habeco and to take the second place in the beer market of Vietnam. (more…)
ICICI Bank, the country’s largest private sector lender, today picked up 19.58 lakh shares of United Breweries Limited for a little over Rs 186 crore through an open market transaction. (more…)
Output set to rise up to 25% as thirst for Vietnam’s beer tipped to rise at home and abroad.
Vietnam, already one of Asia’s largest beer consumers, is seeking to boost its beer output over the next several years to meet an expected rise in demand at home and abroad. (more…)
The beverage industry contributed VND30 trillion (US$1.3 billion) to the State budget last year, according to the Viet Nam Beer, Alcohol and Beverage Association (VBA).
At a conference held in Ha Noi yesterday, VBA Chairman Nguyen Van Viet said the beverage industry continued to grow over the past five years despite the difficult economic times that have resulted in many other kinds of companies struggling or shutting down. (more…)
Myanmar Beer commands about two thirds of the country’s beer market by volume. And the firm has not sat complacently on its market dominance — like other state-backed firms. MBL has moved swiftly to overhaul both its image and products. (more…)
Dutch beer giant Heineken is set to become the first world-renowned manufacturer to set up a production base in East Timor, a small Southeast Asian nation formally known as Timor-Leste. (more…)