Malaysia: Carlsberg Brewery Malaysia and Heineken (M) Bhd expected to post stronger sales volume

Brewers Carlsberg Brewery Malaysia Bhd and Heineken (M) Bhd are expected to post stronger sales volume as alcohol consumption rises on the relaxed Movement Control Order (MCO), observed Hong Leong ...
Publicado 01/10/2020 Más

The Philippines: San Miguel Corp. secures regulator approval to issue P20-billion preferred shares

San Miguel Corp. has obtained regulatory approval to issue P20-billion preferred shares under a shelf registration program, BusinessWorld Online reported on October 1. In a statement on September 30, the Securities ...
Publicado 01/10/2020 Más

Nigeria: Nigerian Breweries Plc’s stock price exceeds N50 mark as Heineken buys more shares

The stock price of Nigerian Breweries Plc (NB) has exceeded N50 mark from about N32.5 pershare in mid-August as the company’s foreign core investor, Heineken Brouwerijen B.V remained active in ...
Publicado 01/10/2020 Más

Japan: Brewers about to get some relief thanks to liquor tax system revisions

Japan’s brewers suffering from the drop-off in bar and restaurant traffic are about to get some relief, thanks to long-awaited revisions to the liquor tax system that kick in this ...
Publicado 01/10/2020 Más

USA: AB InBev and Craft Brew Alliance finalize merger

Anheuser-Busch InBev and Portland, Oregon-based Craft Brew Alliance on September 30 announced that AB InBev's buyout of the Portland, Oregon-based craft brewer has been finalized, the St. Louis Business Journal ...
Publicado 01/10/2020 Más

Ukraine: Ukraine to cut winter wheat, barley area this year

Ukraine, hit by the severe drought, plans to cut its area under winter wheat to 6.1 million hectares from around 6.7 million a year earlier, the economy ministry said on ...
Publicado 30/09/2020 Más

Japan: Taxes for regular beer to decrease, those for third-segment drinks to rise as from October

Changes to Japan’s tax system from October spells bad news for drinkers in Japan, as tax rates and, therefore, prices, will be hiked for some alcoholic drinks, Nippon.com reported on ...
Publicado 28/09/2020 Más

Australia: Largest breweries push for excise tax cut

Australians could soon be enjoying cheaper beer, as Australia's largest breweries push the government to cut excise tax to reduce prices and provide a lifeline to struggling pubs and clubs, ...
Publicado 28/09/2020 Más

Australia & India: AEGIC continues efforts to pay the way for Australian malting barley into Indian market

The Australian Export Grains Innovation Centre (AEGIC) is continuing to engage closely with Indian brewers and maltsters to pave the way for Australian malting barley to enter the Indian market, ...
Publicado 28/09/2020 Más

India: AB InBev cuts sales forecast in India by 50% for this year

The world’s largest beer company, Anheuser-Busch InBev (AB InBev) has cut it sales forecast in India by 50 per cent for 2020. Covid cess and anti-industry policies in certain States ...
Publicado 28/09/2020 Más