-
Home
-
International Report
- Asia/Australia
Asia/Australia
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.
Asia/Australia
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.
Asia/Australia
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.
Asia/Australia
China | During the first year of the covid pandemic, domestic beer sales suffered a sharp decline. The on-premise was hit hardest, due to nationwide lockdowns and the cancellation of social and festival gatherings.
Asia/Australia
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.
Asia/Australia
Japan | Kirin Holdings will withdraw from its business in Myanmar and terminate its joint venture with a military-linked partner, it said on 14 February 2022.
Asia/Australia
Australia | The Australian Hotels Association and the Brewers Association continue to campaign for a cut to the increased excise on draught beer, which came into effect on 1 February 2022. Their campaign is in support of pubs, and clubs, many of which are small businesses that have endured the most difficult trading conditions because of the pandemic.
Asia/Australia
Japan | It will all end in tears. In December 2021, Kirin filed for arbitration in Singapore to terminate its joint venture with Myanma Economic Holdings (MEHL), a military-controlled conglomerate with ties into industries as diverse as beer, tobacco, transportation, textiles, tourism and banking.
Asia/Australia
Thailand | Tens of thousands of tourists, escaping the northern winters, are expected to arrive in Thailand as the country reopened to tourists on 1 November 2021 after 18 months of covid restrictions. Vaccinated visitors from more than 60 “low-risk” nations are allowed to enter without having to quarantine.
Asia/Australia
China | In early November 2021 drinks company Diageo broke ground on its first, USD 75 million whisky distillery in China. It hopes to turn more local drinkers into whisky lovers, in a market that has long been dominated by baijiu makers like Kweichow Moutai.
Most Read
BRAUWELT on tour
Most Read
BRAUWELT on tour
-
Hopsteiner
Hopsteiner breeding program: cutting-edge Technology for yield, resilience, and brewing quality
-
Hopsteiner
Hopsteiner reinforces its sales and marketing teams
-
Hopsteiner
Global acreage, crop and yields
-
Hopsteiner
Global crop estimate 2025
-
Hopsteiner
LLZ™ – hop oil with a pronounced citrus note