Companies / Indonesia
Asia Beer Opportunity Continues To Inspire APB
April 2010 | Industry Trend AnalysisWhile Asia and Europe continue to slug it out for the title of the world's largest beer consumer, BMI remains sure that it is Asia that offers investors the stronger medium- and long-term growth opportunity. A company certain to benefit from this prediction is Singapore head-quartered Asia Pacific Breweries (APB). The Fraser & Neave and Heineken joint venture continues to expand, combining investments in more established high consumption markets with forays into regional frontier markets, its recent decision to up its stake in Indonesian brewer Multi Bintang being a good example of the latter. Having acquired a 68.5% interest in
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