After Hong Kong reported alarming infection numbers within days, the city has reverted to strict social distancing measures including putting a cap on numbers at restaurants, bars and nightclubs. Read More
Coronavirus
Australia's biggest wine company, Treasury Wine Estates, has issued a profit warning as much as 20% for its core earnings for fiscal year 2020 and withheld guidance for 2021 due to the coronavirus pandemic. Read More
Residents in China's southern metropolis Shenzhen certainly had a boozy month of May. The city has given out RMB 50 million (US$7 million) worth of drinks voucher to local residents in an effort to boost alcohol sales amid pandemic. Read More
Singapore is relaxing its lockdown starting from this Monday, writes Ch'ng Poh Tiong. Read More
Frequent drinkers in China increased spending during the lockdown months in China, while occasional drinkers dialed back on alcohol consumption, a new report by consumer data giant Nielsen has found. Read More
China's biggest and oldest winery, Changyu Pioneer Wine Company, is calling for the removal of consumer tax on wines to boost the country's domestic wine consumption. Read More
Hong Kong government is slashing exhibition prices for the November HKTDC International Wine & Spirits Fair by half to draw in wineries and visitors amid the city's dwindling tourists and economic downturn. Read More
What Australian wineries and wine merchants in China are fearing the most is about to happen, as sources told Bloomberg that wine is among a list of potential agricultural products drawn up by Chinese officials to retaliate Australia over its push for coronavirus inquiry. Read More
All gloves are off now. Just two weeks after the Chinese ambassador to Australia threatened boycott of Australian beef and wine, China has suspended importation … Read More
Italian fine wine industry is now waist deep in uncharted waters with the coronavirus pandemic. The vintners might be the ones bearing the brunt of … Read More