20 May '11, 4am

Asia Pacific Breweries aims for top spot in China's beer market

Asia Pacific Breweries aims for top spot in China's beer market

GUANGZHOU: Singapore-listed Asia Pacific Breweries Friday opened its third greenfield brewery on the Chinese mainland, in Guangzhou city, at the cost of some US$62 million. In the premium beer market in China, the field is dominated by ABI's Budweiser, Carlsberg and Heineken. And while China's beer market continues its heady growth of some 15 per cent compounded annual growth rate for the next five years, the competition is notoriously fierce, and margins slender. "A lot of premium beers in China are actually trading at a very low price, almost at price you cannot make money. You can grow volume to become No. 1 very quickly if you're willing to sacrifice margin and pricing. We think as a premium player, what is most important is your margin and price. So we take a very long-term view...to grow at a pace that we're comfortable with but (assuring) the premium (quality) of Ti...

Full article: http://www.channelnewsasia.com/stories/corporatenews/view...

Tweets

Asia Pacific to see strong office rentals

channelnewsasia.com 18 May '11, 8am

SINGAPORE : The Asia Pacific real estate market has continued to see positive sentiment and increased activity in the firs...

A macro outlook on the Singapore property market: Despite a number of cooling measures from the government in th...

A macro outlook on the Singapore property marke...

theonlinecitizen.com 23 May '11, 3am

Despite a number of cooling measures from the government in the past year, the Singapore property market continues to be s...

Air travel demand in Asia Pacific expected to soften

Air travel demand in Asia Pacific expected to s...

channelnewsasia.com 17 May '11, 2pm

SINGAPORE : Air travel demand in Asia Pacific is expected to soften in the months ahead. Analysts expect a drop of between...

1 For 1 Draft Beer @ #LENAS Raffles City Opening Promo: Free BEER from LENAS! Alright, not…

1 For 1 Draft Beer @ #LENAS Raffles City Openin...

greatdeals.com.sg 24 May '11, 6pm

Free BEER from LENAS! Alright, not exactly free but hey it’s still a great deal. Anyway if you haven’t heard of Blanc 1664...