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Winning the Malaysian Beer Wars -- Charles Ireland, Managing Director, Guinness Anchor Bhd

10-Feb-10 10:57

[ Programme Segment: The Breakfast Grille ]
The Breakfast Grille Podcasts

 

 

In Part 1, Charles Ireland, the Managing Director of Guinness Anchor Bhd, talks about his second-quarter earnings results, smuggling, competition, market share, outlook for consumption and how much is spent on annual A&P

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Duration: 18m 53s   Filesize: 8.65 Mb

 

In Part 2, Charles Ireland, the Managing Director of Guinness Anchor Bhd, talks about why it is that Malaysia has the second-highest excise duties on beer and stout in the world, and the impact of this on its profits.

He also talks about the chances of yet another duty increase for Budget 2011, how GAB will better appeal to investors this year as a defensive stock, the “risk everywhere” that governments may raise excise taxes on alcohol, just as economies start growing again.

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Duration: 9m 12s   Filesize: 4.21 Mb

 

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Anonymous
Posts: 1
Comment
Re: Winning the Malaysian Beer Wars -- Charles Ireland, Managing Director, Guinness Anchor Bhd
Reply #1 on : Wed February 10, 2010, 01:51:28
Don't kill the beer market by increase in taxes only give room for illegal beer to come in lose of revenue for the country . Syndicate become rich

Is it that the government does not care, because taxes are collect before the beer leaves the brewery