Industry Developments

China's burgeoning appetite for higher-quality premium wines has quickly fuelled a rampant wine counterfeit market in recent years. As local consumers cannot really distinguish between... 2012-03-19

Australian soft drinks manufacturer Coca-Cola Amatil (CCA) announced that it will not exercise its right to acquire any of Foster's Group Australian spirits operations, having completed... 2012-03-16

US-based International Dairy Queen (IDQ), which operates a chain of soft serve and fast-food restaurants, plans to expand its footprint across Asia, particularly in China and Thailand,... 2012-03-16

The sales and earnings outlook for Chinese hypermarket retailer Sun Art Retail Group, which is part-owned by French retailer Auchan, is expected to become increasingly cloudy over the... 2012-03-13

The coffee culture is well-ingrained in the Singapore market, and this is not surprising given the presence of big coffee giants such as Starbucks, The Coffee Bean and The Coffee Connoisseur... 2012-03-13

The relatively small size of the market, coupled with the presence of strong incumbents such as Yeo Hiap Seng, Pokka Corporation, and Fraser and Neave (F&N), hardly warrants the... 2012-03-09

China Resources Snow Breweries (CR Snow), Beijing Yanjing Brewery and Anheuser-Busch InBev (AB InBev) are reportedly among the frontrunners to acquire the brewery assets of Chinese... 2012-03-09

Thai brewer ThaiBev posted a strong financial showing for the year ending December 2011, with net sales and profits up by 9.7% and 12.4% respectively. While ThaiBev's beer sales have... 2012-03-08

Recent rumours have suggested that Japanese brewer Asahi is emerging as the frontrunner to acquire Eastern European brewer StarBev, which is owned by private equity firm CVC Capital... 2012-03-07

Tesco's chairman in South Korea, Lee Seung-han, recently commented that South Korea was running a 'water melon economy' ,a green market economy on the outside but red on the inside.... 2012-03-06