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Asia/Australia
The annual excise tax ladled on a glass of beer has weakened demand, leading Coopers Brewery boss Tim Cooper to concede that beer might now be viewed by many Australian drinkers as too expensive.
Asia/Australia
Vietnam’s Ministry of Industry and Trade has apparently submitted plans to the Prime Minister for approval, which will see the government’s share in the Saigon Beer Alcohol Beverage company (Sabeco) cut to 36 percent, local media reported in March 2015.
Asia/Australia
Nice idea. A Collaboration Beer, which has become the highlight of the annual Australian International Beer Awards (AIBA), is created by the previous year’s Champion brewers in the Large, Medium and Small Australian Brewery categories.
Asia/Australia
In March 2015, Australian media speculated that the drop in sales of the Heineken brand in Australia could have been caused by trendy inner-city types spurning the locally brewed version because it is made by Lion under licence, and not imported like many other premium beer rivals.
Asia/Australia
It may just be a rumour: Beijing’s Yanjing Brewery Co., China’s third-largest brewer, plans to sell about a 20 percent stake to a foreign strategic partner, media reported in early February 2015.
Asia/Australia
As crowdfunding goes, this was quick! The well-known Kiwi craft brewer Yeastie Boys recently conducted a highly anticipated share offer. On 28 January 2015 fans of Yeastie Boys’ award-winning ales were able to buy a piece of the company, via an equity crowdfunding campaign on PledgeMe.
Asia/Australia
That sinking feeling. According to estimates, beer sales in Australia declined over 2.6 percent in 2014. How come? Has beer become too expensive? Or have consumers switched to other drinks? The only one not worrying is Coopers Brewery from Adelaide. The family-owned brewer saw sales increase 7.4 percent in its past financial year (end of June 2014). In the calendar year 2014 it brewed slightly under 800,000 hl beer, which means that Coopers now holds about 5 percent of the total Australian beer market, the company’s strongest position in its 153-year history.
Asia/Australia
There is always a way, even with fines. The years long tax dispute between Diageo Korea and the Korean Customs Office came to an end on 7 January 2015 after the Korean branch of the world’s largest distiller decided to accept a court’s mediation, Korean media reported.
Asia/Australia
Things are getting political. The Australian Real Craft Brewers Association (ARCBA) is calling on the World Trade Organization (WTO) to push for equality and fair trade for small independent craft breweries. In a press release dated 27 November 2014, the ARCBA attacked its government for not taking a stand for Australian industries in a clear unfair trading position. Arguing that Australia’s government has not brought the taxation on beer into line with OECD 33 countries and WTO member countries, which puts Australian craft brewers in a disadvantageous position in trading terms vis à vis imported beers, the ARCBA has asked the WTO and the Australian Government to move to an international definition of ’small brewery’ across all member countries and for all countries to extend the same level of government support and subsidies to these ’qualified’ breweries irrespective of their country of origin.
Asia/Australia
Will Cricketers Arms become the Blue Moon of the Australian craft beer market? Billed a more mainstream craft beer brand, sales of Cricketers Arms have jumped off the back of a recent revamp.
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BRAUWELT on tour
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BRAUWELT on tour
