Stiff ASEAN liquor laws stun beer brands from Chang to Carlsberg

stiff asean liquor laws stun beer brands from chang to carlsberg

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….

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