KUALA LUMPUR: The slated increase in the legal purchasing age (LPA) for alcohol in Malaysia from 18 to 21 years old, effective Dec 1 this year, may worsen the issue of contraband alcoholic products in the country, said Heineken Malaysia Bhd managing director Hans Essaadi.
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Anheuser-Busch InBev will export African beer brands to its markets around the world as the Budweiser maker seeks to maximize the potential of a continent that was key to its decision to buy rival SABMiller for $103 billion.
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One Water — the ethical bottled water brand that supports clean water projects in the developing world — will stray into the alcohol category for the first time when it launches a new batch of hand-distilled gin.
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While the U.S. market for energy drinks is fairly mature, much has been made of the opportunities for Monster Beverage to grow its business abroad. On Tuesday, one analyst suggested that investors should pump the brakes on their enthusiasm.
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Major alcohol groups aiming to swallow up craft distilleries are looking at earlier-stage targets as the craft spirits sector commands ever more potent multiples, according to several industry sources.
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TOKYO — Sapporo Breweries on Tuesday filed a lawsuit with the Tokyo District Court demanding the Japanese government return 11.5 billion yen ($104 million) in liquor tax that the brewery paid for its Goku Zero drink.
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The report, from global e-commerce analytics firm Profitero, in conjunction with Nielsen, showed that around 21% of UK consumers had brought alcohol online, behind only China (27%) and Japan (22%).
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SCOTLAND's whisky industry has declared war on a mystery tycoon" who claims to represent many of the biggest brands in world spirits."
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The founders of Scottish drinks firm BrewDog could be toasting a mouth-watering £100m pay day after selling a slice of the craft beer maker to an American private equity giant.
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Samuel Adams co-founder Jim Koch, one of the country's original craft brewers, is worried about his industry.