Japan’s Kirin Holdings plans to divest all its shares in a Chinese soft drink joint venture with local beverage giant China Resources Holdings for around 100 billion yen ($874 million), Nikkei has learned. The Japanese brewer is to sell its 40% stake in China Resources Kirin Beverages to a Chinese fund as early as next month, sources said, marking a
Read more
A bottle of Scotch whisky arriving in the port of Mumbai faces a colossal 150% import tariff, yet it hasn’t stopped Indians from being enthusiastic drinkers of a dram. India is the world’s biggest market for whisky, most of it termed “Indian-made foreign liquor”. The big brands sound more Speyside than sub-continental: McDowell’s, Royal Stag, Bagpiper, Peter Scot. Domestic distillers
Read more
AUSTRALIA exported 61,308t of malting barley, 598,205t of feed barley and 119,944t of sorghum in November, according to the latest export data from the Australian Bureau of Statistics (ABS). The malting figure is down 26 per cent from the October total to reflect the normal rundown in old-crop availability, while the feed total is up 71pc for the month. The
Read more