Brazil: Brewers and liquor manufacturers wrangling over new ‘sin tax’

A new “sin tax” is splitting Brazil’s alcoholic beverage industry as beer producers and liquor manufacturers wrangle over how much they should have to pay, Bloomberg reported on April 25. Brazil’s ...
Published 26/04/2024 mehr

South Korea: With beer consumption down Korea seeing rapid increase in licenses for liquor and distilled spirits

Current trends indicate that beer consumption is declining in South Korea, while the popularity of highball cocktails is on the rise and leading to a rapid increase in licenses for ...
Published 26/04/2024 mehr

Japan: Brewers tap interactive experiences to attract young generation

Japan’s major beer brewers are opening facilities featuring eye-catching interactive experiences in a bid to crack open the interest of young people who have been shying away from the beverage, ...
Published 26/04/2024 mehr

Taiwan: Heineken to invest US$414 mln in business in Taiwan

Dutch brewing company Heineken N.V. announced on April 26 an investment of NT$13.5 billion (US$414 million) over the next five years in Taiwan, Focus Taiwan reported. The first multinational brewing company ...
Published 26/04/2024 mehr

World: Pernod Ricard’s third quarter sales lower than expected

Pernod Ricard’s third quarter sales figures were lower than expected as its largest and third biggest markets in U.S. and China remained affected by global economic conditions with consumers resisting ...
Published 26/04/2024 mehr

Australia: Barley crop forecast up 0.4 mln tonnes from crop 2023

Although additional rainfall has not been widespread in Australia, any incremental moisture further improves the good early start in the east where seeding is starting to ramp up, RMI Analytics ...
Published 26/04/2024 mehr

Argentina: Barley crop forecast slightly increased thanks to improved weather

Heavy amounts of rainfall have fallen across key barley regions and further improve moisture levels after the drought impacts felt last year in some areas, RMI Analytics said in their ...
Published 26/04/2024 mehr

Canada: Barley crop forecast unchanged at 9.3 mln tonnes

While the soil moisture situation has improved generally, there remain dryness concerns in both Canada and the US, as planting season approaches, RMI Analytics said in their latest report. For now, ...
Published 26/04/2024 mehr

USA: Boston Beer’s Q1 results beat analysts’ expectations

Beer company Boston Beer reported Q1 CY2024 results beating Wall Street analysts' expectations , with revenue up 10.3% year on year to $452.2 million. It made a GAAP profit of ...
Published 26/04/2024 mehr

USA, OR: Von Ebert Brewing to close original location in Portland

At the end of April 2024, Von Ebert Brewing will close its NW Portland, OR Pearl district location to focus on its brewery operations and the opening of the new ...
Published 26/04/2024 mehr