Danish brewing giant Carlsberg has established a joint venture withnThai brewer Singha. The new venture will promote Carlsberg's premiumnbrands, such as Kronenbourg and Tuborg in Thailand, whilenCarlsberg will sell Singha's beer outside of Thailand, with a focusnon Europe. The move suggests that Carlsberg finally feels at a stagenwith its European operations that it is ready to look at expanding itsnAsian business, which has been put on something of a back burnernas the firm wrestled to contend with declining sales in Russia.
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