Showing 1 - 10 of 47
ThaiBev unit expanding in Myanmar
Published on 27/07/2023
» Fraser & Neave (F&N), the Singapore food and beverage group controlled by Thai Beverage Plc, is expanding its beer business in Myanmar, according to local reports.
Japan's Kirin offloads Myanmar beer business over coup
AFP, Published on 30/06/2022
» Japanese drinks giant Kirin said Thursday it has agreed to a buyout of its shares in a Myanmar joint venture with a junta-linked conglomerate, completing its exit from the market over the 2021 coup.
Myanmar drinkers boycott military-owned beer brand
AFP, Published on 04/04/2022
» YANGON: When Japanese brewing giant Kirin called time on its Myanmar operations last month, the news made little difference to Kyaw Gyi -- like many drinkers, he had long boycotted the beer it produced with a military conglomerate.
Myanmar junta: 'Easy to substitute' Japan's Kirin
AFP, Published on 15/02/2022
» Myanmar's junta on Tuesday dismissed the latest exit from the country by a foreign company after last year's coup, saying beer brewed in partnership with departing Japanese drinks giant Kirin would be "easy to substitute."
Japan brewer Kirin to exit Myanmar, seek sale of 2 units
Reuters, Published on 14/02/2022
» TOKYO: Japanese beverage maker Kirin Holdings said on Monday it would withdraw from its business in Myanmar and terminate its joint venture with a military-linked partner.
Japan's Kirin says Myanmar unit blocked liquidation in Yangon court
Reuters, Published on 26/01/2022
» TOKYO: Japanese beverage maker Kirin Holdings' said on Wednesday its subsidiary in Myanmar won a dismissal in court to block liquidation by its military-linked partner.
Equities retreat as Omicron spreads
Business, Published on 11/12/2021
» Recap: Global stock markets retreated yesterday as concerns over the Omicron coronavirus variant and a wave of new restrictions grew, while investors are looking ahead to US consumer inflation numbers and key central bank meetings next week for clues on the direction of monetary policies.
Kirin files for arbitration to end deal with Myanmar military entity
Published on 06/12/2021
» TOKYO: Kirin Holdings Co said on Monday it has filed for commercial arbitration to terminate its joint venture partnership with Myanma Economic Holdings Public Co, calling for a "fair and just" process to end its deal in the beer business with the Myanmar military-linked entity.
Japan's Kirin against plan by Myanmar partner to end venture
Reuters, Published on 24/11/2021
» TOKYO: Japanese drinks company Kirin Holdings said on Wednesday it objected to a plan by its partner in Myanmar to liquidate a brewery joint venture there.
Myanmar junta firm applies to end Kirin brewery deal
AFP, Published on 24/11/2021
» A Myanmar military conglomerate has applied to dissolve the brewery it runs with Japanese beer giant Kirin, state media said, as its once-popular drink reels under a coup-inspired boycott.