Heineken seeks expansion permit

The Dutch brewer has only been in the country for a month, but demand is already so high it can’t produce enough, said Lester Tan, managing director of APB Alliance Brewery Company, a joint venture between Heineken and Myanmar’s Alliance Brewery. “Demand is in excess of our calculations. We’re now expanding to make sure we […]

Thai Billionaire Courts Controversy In Slugfest For Control Of Myanmar Brewery

Billionaire Charoen Sirivadhanabhakdi, Thailand’s third-richest tycoon with a net worth of $10.6 billion, is in the midst of a slugfest, yet again. Fraser & Neave ’s (F&N) local partner in its beer joint venture in Myanmar has begun arbitration for what it claims is its “contractual right” to buy over the parent company’s 55% stake […]