Brewers may gain from excise hike

A bartender serves a glass of Carlsberg beer at a bar in Kuala Lumpur, Malaysia in this July 4, 2012 file photo. - REUTERS

PETALING JAYA: The 150% excise duty hike on locally produced hard liquor effective Dec 15 could possibly perk up the performance of brewers producing beer and stout as consumers shift to these options since it’s cheaper.

This excise duty does not impact imported hard liquor and malt liquor products (beers).