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Capital Calls: Asian beer IPO lacks liquid courage


BreakingviewsCapital Calls: Asian beer IPO lacks liquid courage
Reuters
3 minutes read
Bottles of Chang beer are seen at a supermarket during the coronavirus disease (COVID-19) outbreak, in Bangkok, Thailand, October 12, 2020.
Concise insights on global finance in the Covid-19 era.

BITTER TASTE. Spirits maker and brewer Thai Beverage (TBEV.SI) dropped plans for a $2 billion spinout of its beer business, citing market uncertainty and Covid-19 outbreaks. Dealing with a record caseload, Thailand shut bars read more at the weekend even though Vietnam, Thai Bev’s crown jewel growth market, is coping well. Most market valuations also have changed little since the initial public offering was unveiled in February. A better explanation for the abandoned deal is that the pandemic dashed chances for a frothy valuation. ....

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You Can Now Buy Crisp-Flavoured Beers. We Tried Them


Mark Newton Photography
Crisps and beer are two staples of the great British pub experience, but what happens if you mix them together?
Leeds-based Northern Monk brewery and Bradford-based crisps brand Seabrook have joined forces to create the world’s first crisp-flavoured beers.
Taking their inspiration from classic cheese and onion and prawn cocktail flavours, the beers blend beer and crisps in a way that’s “never been done before,” according to the brands. The new creations “symbolise the coming together of people in beer gardens,” apparently.
Northern Monk teased of a crisp-based product on April Fool’s day, but has now admitted that was a (somewhat bizarre) double bluff. The beers do indeed exist, and are now available to buy at £3.50 per can online. ....

United Kingdom , Amy Packham , Northern Monk , April Fool , Food And Drink , Taste Tests , ஒன்றுபட்டது கிஂக்டம் , ஆமி ப்யாக்ஹம் , வடக்கு துறவி , ஏப்ரல் முட்டாள் , உணவு மற்றும் பானம் , சுவை சோதனைகள் ,

Busch creates brew for the dogs


The world’s largest brewery has jobs posted on their website at all times. From delivery drivers, maintenance workers, accountants to salespeople, brewers and events coordinators. This week, one job posting has garnered more attention than most listings ever do: Chief Tasting Officer. As amazing as that job title sounds, if you are reading this, you are unfortunately not qualified. This is a job for your dog.
Yes, the brewers of Busch Beer are now on the search for a “true expert” to be their new CTO for Busch Dog Brew, an alcohol-free, bone broth beverage for pooches. The first batch of Busch Dog Brew sold out in only 24 hours on their website in 2020. The company is looking to continue their momentum in 2021. ....

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HEINEKEN Vietnam must check local distribution agents over anti-competitive accusations


HEINEKEN Vietnam must check local distribution agents over anti-competitive accusations
21:27 | 16/04/2021
HEINEKEN Vietnam was asked to check its local distribution agents and reinforced legal compliance due to accusations of anti-competitive conduct, serving as a warning for others in this fiercely competitive market.
HEINEKEN Vietnam was reported to have been squeezing local distributors to focus on promoting and selling its products
Recently HEINEKEN Vietnam came under fire due to allegations that it has been squeezing local distributors to focus on its promotions and sell its products, with the warning that they could see their monthly support cut if they continue to sell other brands. ....

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