Singaporean investment heavyweight Heliconia Capital Management Pte Ltd has finalized its acquisition of Wine Connection, the leading operator of wine shops and restaurants in Southeast Asia, in a deal reportedly valued at US$100 million. Read More
Singapore
Singapore Police Force has busted one of the country’s biggest money laundering cases involving about US$750 million worth of properties, luxury watches, bags as well as expensive wines and whiskies. Read More
Singapore Petroleum Company is raising eyebrows after it's seen advertising Baijiu at petrol station, writes Ch'ng Poh Tiong. Read More
Latin American wine giant Viña Concha y Toro is making a strategic move by focusing its attention on the flourishing luxury market in Asia. Read More
Japan's No. 1 beer has gone through its first taste refinement since its launch over 30 years ago. It's now available in Asia. Read More
The inaugural edition of Vinexpo Asia ended on a high note, attracting close to 10,000 trade professionals hailing from 64 countries over three days in Singapore as Asian markets roar back after the pandemic. Read More
Vinexpo is ramping up its commitment to Asia by turning Vinexpo Asia into a key annual event, alternating between two hosting locations – Singapore and Hong Kong. Read More
While Bordeaux remains a crowd pleaser in Asia, Singapore and South Korea departed from the overall trend and showed more diversity last year, according to Liv-ex data. Read More
Australian wine exporters encountered another difficult year in 2022 amid rising inflation, costs and interest rates while its exports to China dropped to a new low, the latest data released by the country’s wine trade body has revealed. Read More
Starting from March 1, restaurant and bar patrons in Singapore could face up to S$2000 fine and three-month jail time if they are found to be drinking after permitted hours. Read More