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Asia/Australia
Japan | For the six months through June 2020, Asahi’s operating profit fell 49 percent to JPY 45 billion (USD 421 million) as beer drinkers around the world avoided going out to bars, Asahi reported in August.
Asia/Australia
South Korea | Japanese brands, from beer to clothes, were hit hard by a consumer boycott in 2019, which was sparked – allegedly – by South Korean court rulings that allow assets of Japanese companies to be seized and used to compensate Korean victims of World War II-era forced labour. Japan retaliated by imposing curbs on exports of chipmaking materials to South Korea.
Asia/Australia
Australia | It is a bittersweet victory. The excise rates on alcohol didn’t go up in August. But not because the government relented and saw sense. It is because of a technicality.
Asia/Australia
Australia | The Independent Brewers Association (IBA), which represents the country’s 600 craft brewers, has decided to postpone its convention, BrewCon, which was scheduled for 9 to 11 November 2020 on the Sunshine Coast.
Asia/Australia
Australia | Brewers, publicans and other representatives of the country’s alcohol industry are calling on the government for the beer tax increase to either be scrapped or for the tariff to be frozen at its current level.
Asia/Australia
Australia | A sophisticated foreign state-based hacker is believed to be behind the current attacks on Australian governments and businesses. Among them was the country’s number two brewer Lion.
Asia/Australia
Australia | After China hit Australian barley exports with a tariff of up to 80 percent on 11 May 2020, the agriculture minister, David Littleproud, declared “there is no trade war”.
Asia/Australia
India | The world’s number one drinks company, Diageo, is rumoured to be exploring options to delist its Indian arm, United Spirits, by buying out minority shareholders.
Asia/Australia
Japan | Japanese brewer Asahi reported a 45 percent decline in first quarter 2020 operating profit, as the covid-19 pandemic forced bars and restaurants in its major markets to shut, hurting its sales.
Asia/Australia
Australia | The Foreign Investment Review Board, on 7 May 2020, gave its final approval to Asahi’s AUD 16 billion (USD 10.5 billion) bid for Carlton & United (CUB).
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BRAUWELT on tour
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BRAUWELT on tour
