Price hike to alleviate brewers’ cost pressure

PETALING JAYA: The hike in prices by local breweries Heineken Malaysia Bhd and Carlsberg Brewery Malaysia Bhd will likely to result in alleviated operational cost pressure, say analysts.

“Based on our channel checks, Heineken and Carlsberg Malaysia will be raising product prices by 5% to 8% effective April 1, for on-trade channels and May 1, for certain aluminium can products in off-trade channels.