Singapore-listed beverage firm Fraser and Neave (F&N) has launched its Myanmar subsidiary Emerald Brewery. The investment value of the deal is USD 70 million. The operations will produce Chang Lager Beer. The brewing facility will be located in
French alcohol giant Pernod Ricard has taken a 34 percent stake in local whisky joint-venture Seagram MM Holdings. According to the article in Dealstreet Asia, the company is a JV that includes Singapore-listed Yoma Strategic Holdings, U Htun Win and
Authorities have announced they will ban liquor retailers from selling imported brands as part of attempts to tackle illicit alcohol in the country. According to a report in the Myanmar Times, members of several government departments held a meeting