business

Kirin selling Brazilian unit to Heineken

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I bow to Kirin for trying to be competitive in such a bad market, Brazil. Kirin faced two big problems, one of them is unbelievable. First one, the economy is really in ruins, after 12 years of lefti-wing administrations. The second, is that there are three top ranking Brazilian brands that sell really bad beer. I mean, Kirin tastes like the real thing because it brews beer the right way. These 3 BR brands brew second-rate recipes that include things nowhere else in the world you will see in beer, such as fermented corn instead of lupus, which lends a sweet taste to their beer. The result is that Brazilians think their beer is the "real thing", and foreign brands are way too bitter. Guiness, Buds and Heinekens are usually compared to medicines, lol.

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fermented corn instead of lupus

I'm having a hard time working that one out.

Water, hops, and malted barley. I'm sure we learned that in the religion class at school.

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Kirin to buy a majority stake in Myanmar’s Mandalay Brewery for $4.33 million from military-backed Myanmar Economic Holdings.

The news must be wrong. You can not buy majority stake in Burma’s Mandalay Brewery for $ 4.33 million. It will cost Kirin several hundreds millions of dollars. Most of middle class Burmese family can afford to buy majority stake in Mandalay Brewery for $ 4.33 million. One of my middle class friend home in suburb of Rangoon worth US$ 25 million. Everything in Burma was expensive. Some middle class Burmese families are very rich but I don't know how they make so much money in poor country. There is hundreds of unofficial billionaire in Burma. The peoples are looking for new investment opportunity and they will buy that majority stake in Mandalay Brewery if the price was US$ 4.33 million. I believe the $ 4.33 million information was wrong and perhaps, $ 433 million instead of $ 4.33 million.

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