Foreign firms eye up Vietnam's state brewers

/ Oct 24, 2016

Foreign firms eye up Vietnam's state brewers

Sloshed back at rowdy open-air “bia hoi” day and night, beer is Vietnam’s tipple of choice and now its cash-strapped government is drawing on the nation’s penchant for lager to raise billions of dollars by selling stakes in state-owned brewers. The unprecedented divestments in ...

Aug 13, 2016

North Korea kicks off first beer festival

North Korea on Friday kicked off its first beer festival, in line with leader Kim Jong Un’s promise to improve living standards and build a “highly civilized nation” despite being under international sanctions for its pursuit of nuclear arms. The festival featuring Taedonggang beer, ...

Top four breweries log first-half growth in operating profit

/ Aug 7, 2016

Top four breweries log first-half growth in operating profit

Japan’s top four breweries enjoyed growth in operating profit in the first half as brisk domestic operations more than offset overseas declines caused by the yen’s appreciation, their financial statements show. Suntory Holdings Ltd. posted a record group operating profit for January-June for the ...