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Emperador Inc. is planning a secondary listing by way of introduction on the Main Board of the Singapore Exchange. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has granted authority to the management to deliver all the necessary requirements for a Secondary
How the cocktail revival is reshaping our backyards The Aussie backyard is being unexpectedly changed by our resurgent love affair with an age-old cocktail and childhood nostalgia. Food & Entertainment by Trudy Oram 15th Apr 2021 1:20 PM The Aussie backyard is being unexpectedly reshaped by our resurgent love affair with an age-old cocktail and childhood nostalgia. Homeowners have discovered a renewed thirst for citrus via their desire for a decent gin and tonic and the plant's link to their formative years. The boom in s...
How China is devastating Australia's billion-dollar wine industry CNN 2/18/2021 © Alberto Mier/CNN South Australian winemaker Jarrad White spent almost a decade building his business in China. Then, in a matter of months, it all fell apart. It had nothing to do with the quality of White's wines at his vineyard in McLaren Vale, one of South Australia's premier winegrowing regions. Instead, it was the result of months of worsening diplomatic frictions between China and Australia. © CNN/Ben Westcott Grapes on the vine at Tahbilk winery in central Victoria in February 2020. White lived in ...
Prices of imported alcoholic drinks may not change in the next fiscal. While the budget has reduced basic customs duty on liquor to 50% from 150%, it would be offset by the agricultural infrastructure cess of 100% imposed on tipple. The new cess is only applicable on hard spirits such as Scotch, whisky, rum and vodka, and not on foreign beer which at present attracts 110% tax. There could be a revised customs duty structure from 1 October this year. With high import duties, the market for foreign spirits and beer remains small in the country at less than 1-2% of the overall segment by volum...