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In 2017 the beer market in Sri Lanka grew by 24-25%. According to the Finance Ministry, during the first eight months of 2017, revenue from excise duty on liquor and cigarettes has significantly decreased by 5.9% to LKR 73.7 billion and by 8.1% to LKR 54.6 billion, due to a drop in the volume of sales.
In 1950, the company introduced canned beer to the Sri Lankan market but this was later withdrawn due to lack of demand. [3] In 1962 it launched the Jubilee Ale (in celebration of the company's golden jubilee), [ 3 ] which received a gold medal at the Monde Selection and gained second place at the Brewers and Allied Exhibition in London.
Launched in 2001, as a jointly branded product with Belgian brewers, Riva N.V., it was the first wheat beer brewed in Asia. [11] Irish Dark - 7.5% ABV, an Irish-style ale. No longer in production. Irish Dark Red Ale - 4.5% ABV, an Irish-style ale. Grand Blonde - 8.8% ABV. Launched in 2009. [12] Sando Power Strong - 8.8% ABV
Here's how beer prices have changed over recent American history and how much a six-pack cost the year you turned 21, alongside some notable beer-related happenings. ... beer prices in the 1950s ...
The recent upward surge in commodities prices has left no corner of the globe untouched. That includes the bastions of the beer drinkers. Changes in global climate, a decline in hops growers and a ...
Overall U.S. sales volumes of beer dropped roughly 1.4% in 2013, but investors remain intrigued because buried deep within that number is a rapidly growing 3 Charts Every Beer Investor Needs to ...
Arrack is a distilled alcoholic drink typically produced in Sri Lanka and Southeast Asia, made from the fermented sap of coconut flowers or sugarcane, and also with grain (e.g. red rice) or fruit depending upon the country of origin. It is sometimes spelled arak, [1] or simply referred to as 'rack or 'rak. [2]
Lion remains the number-one brand in neighbouring Sri Lanka, where Mohan Meakin had introduced it in the 1880s through their Ceylon brewery. Among their list of beers is Old Monk 1000, sporting the same logo as the Old Monk Rum [ 5 ] considered as a strong beer with high alcohol content.