ThaiBev restructures to power Asean beer push

THAI Beverage Plc (ThaiBev), Thailand’s biggest beverage producer, yesterday announced a major strategic reshuffle of executives under a revamped management structure that will back the company’s growth ambitions for its beer business in the Asean region. The restructuring was undertaken in the wake of the company’s acquisitions of breweries in Myanmar and Vietnam. Fraser and […]

Kirin aims to brew up a storm with MBL stake

Beer drinkers are poised to celebrate a bigger selection of quaffing options under a move by Myanmar Brewery Limited to launch at least two new products in a market thirsty for choice. Japan’s Kirin Holdings, which acquired a majority stake in MBL in August, is developing a yet-to-be named “domestic premium” lager and will also […]

Thai Beverage – F&N: Trouble frothing between Myanmar Brewery partners

Myanmar Economic Holdings Ltd (MEHL) is attempting to take control of Myanmar Brewery Ltd from its Singapore-based joint venture partner Fraser and Neave, according to a release by Fraser and Neave on the Singaporean stock exchange. Military-run MEHL submitted a notice to Fraser and Neave stating its intention to seek arbitration regarding a potential claim […]