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Top industry news
14771 articles
Russia: Russia’s wheat harvest forecast raised, barley reduced
Russia's Sovecon agriculture consultancy has raised its wheat harvest forecast for 2023 to 87.1 million metric tons from 86.8 million, it said on July 28.
At the same time, Sovecon cut . . .
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29 July, 2023
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Vietnam: Sabeco sees profits plunge 32% yoy due to rise in marketing expenses
Sabeco, the brewer of Saigon Beer, saw profits plunge 32% year-on-year to VND1.2 trillion ($50.7 million) in the second quarter as rising competition pumped up its marketing expenses, VnExpress International . . .
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28 July, 2023
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Nigeria: Nigerian youths increasingly turning from beer to whisky and spirits
Tunde Akinola, a recent graduate, was not really interested in spirits until recently. “I appreciate the different flavours that can be found in whisky,” he said. “I was never really . . .
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28 July, 2023
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Nigeria: Guinness Nigeria Plc incurs whopping N49 billion in exchange rate losses in financial year to June 2023
Guinness Nigeria Plc incurred a whopping N49 billion in exchange rate losses according to the information contained in its full-year results for the period ending June 2023, the Nairametrics reported . . .
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28 July, 2023
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India: United Breweries reports 15.8% fall in June quarter profit
India's United Breweries Ltd reported a 15.8% fall in June-quarter profit on July 28, dragged by higher excise duty and costs, the Yahoo News Singapore reported.
The liquor maker, partly owned . . .
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28 July, 2023
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Kenya & Tanzania & Uganda: East African Breweries Limited’s annual net profit declines 21%
East African Breweries Limited (EABL) posted a 21% decline in its net profit for the full year ended 30th June 2023 to KSh 12.32 billion, the Kenyan Wallstreet reported on . . .
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28 July, 2023
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World: Barley prices continue to move higher
World barley prices continue to move back higher after the considerable downward trend since June 2022, RMI Analytics said in their latest report.
France has reassumed the position of the highest . . .
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28 July, 2023
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North America: Canada barley production forecast reduced due to increasing dryness
North America’s barley crop 2023 has undergone a wide range of weather impacts after a prolonged period of dryness and partially benefitting from mixed levels of rainfall. Crop conditions are . . .
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28 July, 2023
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UK: Barley area estimated to increase by 5% this year
The UK will harvest less wheat due to more barley and oilseed rape being sown, according to AHDB's latest planting and variety survey, FarmingUK reported on July 27.
The survey, which . . .
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27 July, 2023
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Singapore & Myanmar: Singapore-listed Fraser and Neave to invest $14 mln in another brewery in Myanmar
Singapore-listed Fraser and Neave Limited (F&N) plans to invest 19.2 million Singaporean dollars (US$ 14 million) in Myanmar to build a new brewery through a joint venture with local beverage . . .
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26 July, 2023
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