Wine glass in front of a bottle of Shiraz, detail (Photo: Ellena McGuinness on Unsplash)

Australia | China lifted anti-dumping and anti-subsidy tariffs on Australian wine from 29 March, ending three years of punitive levies and offering long-awaited relief to Australian wine producers.

Night scene of a street in South Korea (Andrea de Santis on Unsplash)

South Korea | Japan reclaimed the top spot in South Korea’s beer imports in 2023, five years after the start of the Tokyo-Seoul trade dispute, local media reported in January.

Bottle of whiskey and a glass on a table (photo: Thimo van Leeuwen on Unsplash)

India | Consumers in India could enjoy a 7.5 percent reduction in spirits prices should the region’s 150 percent tariff laws be halved, Diageo said on 30 January upon releasing its first half 2024 figures.

Person sitting on a bank and drinking beer in the sun (Photo: Mennie on Unsplash)

Australia | A skyrocketing excise tax, debt from the pandemic period, increased production costs, and depressed consumer demand have created a perfect storm for the country’s 600 or so independent craft brewers.

Carlsberg bottle (Photo: Himanshu Choudhary on Unsplash)

South Korea | GoldenBlue, a whiskey maker and distributor of imported liquors, said it has disposed of its remaining inventory of Carlsberg beer, in the aftermath of a so-called gapjil (abuse of power) with its Danish partner. The discarded beer is said to be worth nearly USD 380,000.

Pink ballons (Photo: Jason Leung on Unsplash)

South Korea | Diageo, the world’s leading drinks company, must be running out of unique marketing ideas. Like SABMiller before, it is going for pop-up venues to push its brands into select markets.

Closed Sign (Photo: Evan Wise on Unsplash)

New Zealand | Deep Creek ran into financial difficulty after a physical problem with some cans shipped to China caused a product recall, which left a big hole in its accounts. The craft brewer was forced to file for liquidation at the end of October.

Traffic signs next to Australian road (Photo: Biljana Ristic on Unsplash)

Australia | Australia’s family-owned Coopers Brewery credited the recovery of draught beer sales, as well as higher malted barley sales, for boosting its financial year results.

Glasses and a bottle on a table (Photo: Corina Rainer on Unsplash)

Australia | The free trade deal between the European Union and Australia, which has been in the making since 2018, will not happen any time soon. The latest attempt to wrap things up fell apart in dramatic fashion on 30 October, after the Australians made last minute demands which the EU could not accept.

„Pay your Tax now here” written on a wall (Photo: the-new-york-public-library on Unsplash)

Australia | Just about all craft breweries will be struggling to pay their excise debts, incurred during the covid pandemic, when the Australian Tax Office (ATO) allowed a deferment of excise and other payments.

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