Oishi looks to output base to meet rising demand in Vietnam; Myanmar also a priority country

OISHI Group Plc could build a beverage factory in Vietnam in two to three years to meet rising demand after launching marketing campaigns there as well as in Myanmar this year. Oishi Beverage has been selling abroad almost from its inception via local retailers. Last year it began marketing its own products in Laos and […]

SABMiller Eyes Stake in Myanmar Brewer: Sources

LONDON — SABMiller is exploring the possibility of snapping up a stake in Myanmar’s biggest brewer, a deal that would make it the partner of a conglomerate with ties to the former ruling military, sources familiar with the matter say. Any such deal involving Myanmar Brewery would likely be seen as a vote of confidence […]

Myanmar Army Conglomerate Says It Has Won Beer Spat With Singapore’s F&N

SINGAPORE — A military-linked Burmese conglomerate said it has won an arbitration case against Singapore’s Fraser and Neave Ltd (F&N) that will give it the right to buy the latter’s stake in Myanmar’s biggest brewery. Union of Myanma Economic Holdings Limited (UMEHL) said in a statement on Friday that a panel of two unnamed Singapore […]

Rexam PLC plans to establish factory in Myanmar

Rexam PLC, one of the world’s top consumer packing companies, is planning to establish a factory in Yangon, according company sources. The company has founded Rexam Ashmore Beverage Can Myanmar Co. Ltd after making a joint venture with UK-based Ashmore Investment Company to operate in Myanmar. The Directorate of Investment and Companies Administration has allowed […]

Can Singapore capitalise on Myanmar’s opening?

Myanmar’s political opening has caught the world’s attention, and many countries are rushing to what has been called Asia’s last frontier market. Punishing sanctions by the European Union have been lifted, while Washington DC has suspended its measures. Seized by the economic potential of the country’s large market and rich resources, Western companies have responded […]

Singapore’s Fraser & Neave Says in Beer Spat With Myanmar Partner

Singapore property and drinks conglomerate Fraser and Neave said on Thursday its joint venture partner, which is run by Burma’s military, plans to start arbitration proceedings over the company’s stake in Myanmar Brewery. The brewery represents only a small part of F&N’s business but losing its stake would mean being shut out of one of […]