According to official data compiled by us, in the first seven months of the year, India’s whisky imports rose 16% in volume and 12.2% in value, reinforcing the country’s emergence as a priority battleground for global whisky brands. Read More
Duty free
China to Launch Hainan Free Trade Port on Dec. 18, but Wine and Spirits Excluded From Duty-Free List.
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New data from 2024 reveal a steep 29.3% drop in total duty-free sales, reflecting both weakened consumer sentiment and the fading allure of Hainan’s “tourism + duty-free” model. Read More
King Power, Thailand’s duty-free monopoly at five major airports, is seeking to terminate its long-term concession contracts early, saying a collapse in Chinese tourism and the government’s scrapping of wine import duties have severely undercut sales and made its business unsustainable. Read More
Travelers will be allowed to bring two bottles of wine into Taiwan, doubling the current limit. Hong Kong wine and spirits merchants may stand to be the biggest beneficiaries. Here’s why. Read More
A Vino Joy News investigation found that sales of premium wines in this channel, which allows consumers to buy duty-free products without leaving the country, are facing pressure from traditional wholesalers and cross-border e-commerce platforms, where prices are more competitive. Read More
Imported wines in China might get more expensive with the new consumption tax reform discussions. The proposed reform has drawn significant attention from the wine trade within the country, splitting opinions. Read More
South Korea is looking into raising purchasing limit for duty-free alcohol as a way to boost tourism, the country's Korea Customs Service (KCS) has revealed. Read More
After removing tariffs, Hainan, China’s biggest duty-free market, is planning to remove VAT and excise tax for imported wine and spirits in a bold move to boost its attractiveness for tourists. Read More
It's an intense week in China. The unfolding Taiwan Strait crisis and newly imposed lockdowns in Sanya and Yiwu could spook market and investors. But in Hong Kong, the city has finally cut hotel quarantine to 3 days. Read More