Beverages
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Kirin terminates partnership with Myanmar brewery partly owned by military over coup
MYANMAR – Japanese drinks giant Kirin Holdings has announced its termination of a brewing partnership with Myanmar’s military after its generals overthrew the elected government…
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South African Breweries appeals for ‘responsible taxation’ to aid alcohol sector’s recovery
SOUTH AFRICA – South Africa’s biggest beer maker, South African Breweries (SAB), has made an open appeal to the Treasury not to increase excise taxes…
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Carlsberg’s 2020 revenues plunge as Covid-19 takes toll on major revenue streams
DENMARK – Danish multinational brewer, Carlsberg has posted an 8.4% decline in organic revenue in its 2020 results, following significant impact to its on-trade channel…
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Energy drinks remain popular among physically active adults even as concerns about caffeine content emerge
GLOBAL – The energy drinks market is projected to continue expanding as more physically active adults including athletes, students, and service members continue demanding more…
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Delhi’s new excise policy recommendation may result in restrictive trade practices – Liquor manufacturers
INDIA – Leading liquor manufacturers in the Indian state of New Delhi have raised objections to the state government’s new excise policy recommendations and warned…