Supply chain jam and rising production costs triggered by the COVID-19 pandemic and Ukraine War are crippling dry goods supplies and adding pressure to the wine industry and end consumers.
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Ning Sang Lawati
Ning Sang graduated from the University of Hong Kong with a degree in Journalism. Previously, she worked as a business news reporter in Apple Daily with experience in feature writing, video production and news anchoring. Her past news coverage included stocks, real estates and immigration policies. She is currently interested in writing about the opportunities and challenges in Asia wine market.
The first-ever whisky NFT of a 72 Year Old Glen Grant Whisky will be auctioned by Bonhams this month and is expected to fetch a new world record price of HK$1 million. Read More
Australian wine exports saw moderate growth from market diversification outside of mainland China, but the progress was no match to offset the loss from its former largest export destination. Read More
While there is no signs of reopening in Hong Kong's bar scene, the following good news may cheer up the bar community - Coa from Hong Kong has won the no.1 spot of Asia’s 50 Best Bar for the second time in a row. Read More
English sparkling wine producer, Rathfinny Wine Estate, which has taken over the world’s greatest restaurants, is now partnering with Hong Kong-based importer Fine Vintage to conquer the Asia wine hub. Read More
Japan's drinks giants Asahi and Suntory have announced price hikes of up to 28% for its main beverages from beer to whisky. Read More
When China's wine market was hit by low consumption and imports during the pandemic in 2021, the country's biggest winery Changyu had its best year yet by revising its sales strategy and promoting its domestic premium brands. Read More
The Gongbei Customs in Shenzhen has busted a Macau driver smuggling 12 bottles of Hennessy X.O in his modified car stereo system.. Read More
Latest China Customs data shows the continual decline of China's wine imports, as the ‘zero covid policy’ upheld by the country with 52 million wine drinkers continues to weigh down on demand. Read More
Bordeaux experienced a challenging year in 2021 as the region faced consecutively low crop yields, declining interest towards its En Primeur and fierce competitions from other regions. Read More