Sumary of Stiff ASEAN liquor laws stun beer brands from Chang to Carlsberg:
- Thai Beverage, Thailand’s largest beer maker, postponed its brewery unit’s initial public offering on the Singapore Exchange in April..
- In December, Thailand banned online sales of alcoholic beverages, citing the difficulty of verifying buyer age..
- Multinationals are also growing worried about the slowdown in Southeast Asia, one of the few growth markets in the world..
- Carlsberg Breweries, a Danish group that earns 30% of group sales in Asia, also introduced nonalcoholic beverages….