India: Karnataka government announces alcohol excise duty hike by 8%

Liquor stocks hogged limelight in the afternoon trade on Friday, February 16 after Karnataka government hiked the excise duty on alcohol products by 8 per cent, the Economic Times reported. Chief ...
Published 16/02/2018 Di più

EU: Big barley import tender from Saudi Arabia adding pressure on EU supplies

Strategie Grains on February 15 cut its forecast for the European Union’s soft wheat exports this season, citing poor competitiveness of French and Polish wheat on the world market. The private ...
Published 16/02/2018 Di più

Japan: Suntory Beverage & Food increases net profit by 9% last year

Suntory Beverage & Food, a core unit of Suntory Holdings, reported on February 15 a 9% rise in group net profit to 78.1 billion yen ($734 million) for 2017, ...
Published 16/02/2018 Di più

Hong Kong: Gweilo Beer ready to launch its new US$5 mln brewery

The transformation of Hong Kong craft beer company Gweilo Beer, from humble beginnings operating in a spare bedroom to a purpose-built, 1,300-square-metre (14,000-square-foot), US$5 million brewery, is almost in the ...
Published 16/02/2018 Di più

Australia: Kirin’s Lion Co sees another year of declining sales and earnings in 2017

Japanese brewer Kirin is hoping for a turnaround at food and beverages group Lion Co this year after another year of declining sales and earnings in 2017, AFR.com reported on ...
Published 16/02/2018 Di più

Malaysia: Heineken Malaysia Bhd’s outlook for 2018 cautiously optimistic

Heineken Malaysia Bhd which has a cautiously optimistic outlook for 2018, will continue to invest in automation to improve efficiency, The Sun Daily reported on February 14. The group, which proposed ...
Published 16/02/2018 Di più

Malaysia: Carlsberg Brewery Malaysia posts 6% increase in Q4 profit

Carlsberg Brewery Malaysia Bhd, whose share price closed at a record high of RM16.66 on February 14, posted a 6% year-on-year rise in its fourth quarter profit and announced a ...
Published 16/02/2018 Di più

Estonia: Roughly one third of all beer consumed in Estonia last year was bought in Latvia

Though producers only publish their numbers for the previous year in the second half of February, Estonia’s two biggest beer producers, Saku and A. Le Coq, confirmed to ERR's Estonian ...
Published 16/02/2018 Di più

USA: Constellation Brands appoints Bill Newlands as President and Chief Operating Officer

Constellation Brands has promoted Bill Newlands to the post of President and Chief Operating Officer, effective immediately, Namnews reported on February 14. He takes over the role of President from Rob ...
Published 16/02/2018 Di più

USA: Mexican brands continues to dominate US beer imports

Corona and Dos Equis lovers made Mexico the supplier of more than two out of three imported beers in the U.S. last year, Bloomberg reported on February 15. Mexico exported a ...
Published 16/02/2018 Di più