Beverages
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AB InBev eyes fortunes beyond beer, speeds up entry into global premium categories
INDIA – Anheuser-Busch InBev has plans to launch a series of whiskies, gins, and RTDs in the world’s largest whiskey market, India, as part of…
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Kirin Holdings seeks to invest more in Indian craft beer maker Bira 91 amid shrinking sales in Japan
INDIA – Japanese beverage giant Kirin Holdings is finalizing talks to invest US$70 million in Indian craft beer maker Bira 91 (Bira), doubling down on…
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Kenyan manufacturers oppose planned rise in excise tax, express fears it will hurt businesses
KENYA – Kenyans are staring at more costly beer, juice, wine, water, and confectioneries starting next month as the Kenya Revenue Authority (KRA) moves to…
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Faubourg Brewing merges with three regional breweries to expand the businesses
US – Faubourg Brewing Co., the New Orleans-based brewery purchased five years ago by Tom and Gayle Benson has merged with three other regional breweries…
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India’s non-alcoholic malt drinks attract GST of 28%, cess of 12% including United Breweries’ Kingfisher Radler
INDIA – The Karnataka bench of the GST-Authority for Advance Rulings (AAR) has ruled that a non-alcoholic malt drink will be classified as ‘carbonated beverages…