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Malaysia: Heineken and Carlsberg Beer Price Rise on April 1

Zoom in font  Zoom out font Published: 2019-03-13  Origin: haicent.com  Views: 7
Core Tip: Based on rising costs of raw materials and packaging, Malaysia's two major breweries will raise beer prices by about 3% to 12% from April 1.
Based on rising costs of raw materials and packaging, Malaysia's two major breweries will raise beer prices by about 3% to 12% from April 1.

It was the first time Heineken and Carlsberg beer companies raised beer prices after the government reintroduced sales and service taxes on September 1 last year.

In response to the letter from The Edge Financial Daily, the beer company disclosed that beer would rise, mainly due to the rising cost of raw materials and packaging.

Heineken, a well-known Dutch brewer, also points out that the government's tax on sugary drinks introduced in July, a tax rate of 40 cents per litre, will also have an impact on the price of its non-alcoholic drinks, such as malt beverage-Malta.
 
 
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