Australia | How inspired is this? The Asahi-owned brewing company CUB introduced Spill in November in partnership with the booze retailer Coles. CUB engaged the social media star Abbie Chatfield as the celebrity influencer and face of the brand.
Australia | Succumbing to wokery, as some see it, the craft brewer Colonial has changed its name, following two years of pressure amid claims it “glorifies and glamorises the colonial process”. As of 7 September, it calls itself CBCo.
Australia | The Tax Office raised the excise by 4 percent on 1 August, leaving Australians with the world’s fourth-highest beer tax behind Norway, Japan, and Finland. Australians now pay 30 percent more tax on beer than their fellow drinkers in the UK.
Myanmar | After more than a year of legal wrangling, Japanese brewer Kirin will sell its stake in Myanmar brewery (MBL), a joint venture with military-owned Myanma Economic Holdings (MEHL), to the brewery for USD 164 million. The decision was announced on 30 June 2022.
Thailand | The onset of covid-19 led to a strong fall in on-premise volume sales of beer in 2020, due to a temporary ban on sales of alcohol, the closure of entertainment venues and the decimation of tourism. Off-premise sales also contracted as consumers switched to spirits.
Singapore | Here we go again. Thai Beverage (ThaiBev) is looking to raise as much as USD 1 billion through the revived Singapore Initial Public Offering (IPO). It could be held later this year, various news agencies reported in May 2022.
Australia | How to explain Coca Cola Europacific Partners’ strategy swings? Only in October 2021 had CCEP announced its exit from beer and cider, which included the sale of its stand-alone craft brewer Feral. The Coke bottler had concluded that achieving scale in beer and cider would require significant investment.