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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…
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…
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…
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