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Tag: Bintang

Retail Asia25/09/2016
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Food

Multi Bintang Cancels Factory Expansion

2min0
PT Multi Bintang Indonesia (MLBI) has decided to postpone plans to expand its factory in Mojokerto. The decision was made as the company faced difficulties with Trade Minister Regulation on the distribution of alcoholic beverages and the Draft Bill on alcoholic beverages, which is still being discussed by the House of Representatives. Bambang Britono, Director […]
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Retail Asia03/06/2015
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General

Bintang Profits Take a Hit on Beer Ban

4min
One of Indonesia’s biggest beer producers, PT Multi Bintang Indonesia, reported a plunge in profits of 42% in the first quarter of the year, when convenience stores started phasing out stock in preparation for a ban on alcohol sales. Net income was down to $8.2 billion (107 billion rupiah) year-on-year in the first three months […]
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Retail Asia24/04/2015
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Food

Heineken in talks with Indonesia on beer ban, underage drinking

1min
Brewing companies and Indonesia’s Trade Ministry will form a joint working group to discuss alternative solutions and programs to prevent underage drinking, Dutch brewer Heineken says. Heineken, the largest shareholder in Multi Bintang Indonesia, met with Trade Minister Rachmat Gobel on Sunday just days after the government banned alcohol sales at convenience stores and small […]
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