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  • August 1, 2014
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  1. Business - China Business - BEVERAGES

    Curbs leave alcohol firms in low spirits

    Posted Dec 10th 2013, 11:01am by TIFFANY AP, George Chen

    ... Tiffany Ap and George Chen Outlook for the high-end wine and spirit sector remains gloomy as the mainland cracks down on lavish spending at official banquets Curbs leave alcohol firms in low spirits Spirits, and prices of spirits, are low for many local and foreign alcoholic beverage companies with operations on the mainland after a challenging year marked by depressed demand ...

  2. Business - Economy - HEALTH

    Sick workers cost economies billions

    Posted Jul 16th 2014, 02:36pm by DAVID DODWELL

    ... worldwide watched each game, fatigue and alcohol took a heavy toll. The British government estimates a loss of 250 million working hours, costing Britain's economy about US$6.7 billion. As 1.4 ... societies need to face up to the four main causes of the growing malaise- poor diet, inadequate exercise, alcohol and tobacco. And in nations like China, we must address the grave pollution problems ...

  3. Business - China Business - BEVERAGES

    China's Baijiu makers eye overseas markets to increase revenues

    Posted May 31st 2013, 12:00am by Reuters

    ... But the history of alcoholic beverages shows that nearly any taste can be acquired. "Tequila has a very unusual flavour compared to more popular spirits," said Derek Sandhaus, an industry ... is to follow the model of Japanese sake and market baijiu as the alcohol to drink with Chinese food. But he added that there was no need for distillers to rush. "It will still be a very long time ...

  4. Business - China Business

    Beijing launches antitrust review in 80 key industries

    Posted Jun 10th 2014, 01:02am by Reuters

    ... Reuters in Shanghai Survey covers 80 key industries as regulator seeks to eradicate monopolistic practices Beijing launches antitrust review Beijing has launched a review into potential anti-competitive behaviour across 80 major industries, including cars, pharmaceuticals and alcoholic drinks, a Ministry of Commerce official said. The ministry, one of the mainland's three antitrust ...

  5. Business - China Business - WINE

    As mainland demand peaks, wine importer moves online

    Posted May 30th 2014, 11:21am by Denise Tsang

    ... to the Chinese liquor baijiu for health reasons and because of their overseas exposure to the wine-drinking culture. Wine accounts for 34 per cent of all alcohol bought online in China but only 5 per cent of offline alcohol sales, so there is a great opportunity in wine e-commerce, Watkins said. Founded by American Don St Pierre and his son in 1996, ASC sought to capitalise ...

  6. Business - Economy - ANALYSIS

    Sex and drugs to add to Europe's murky GDP figures

    Posted Jun 03rd 2014, 01:30am by BLOOM

    ... already includes much of its shadow economy in its GDP figures, but will now have to go further. Adding drugs, prostitution, and black market alcohol and cigarettes could increase Italy's GDP ...

  7. Business - Companies - ACQUISITIONS

    Suntory's US$16b Beam buyout creates No3 high-end spirits maker

    Posted May 02nd 2014, 01:03am by AFP

    ... and non-alcoholic drinks makers, is widely known in the country for commercials featuring Hollywood movie stars including Tommy Lee Jones. Its eponymous whiskey played a starring roll in the 2003 Bill ...

  8. Business - China Business - EARNINGS

    Tenwow targets rural markets on mainland after profit jumps 29.7pc

    Posted Mar 26th 2014, 06:34am by Keira Lu Huang

    ... industrial park in the north as demand for tea beverages increases. Revenue from Tenwow's own-brand non-alcoholic beverages rose 66.8 per cent to 427.6 million yuan last year, accounting ...

  9. Business - China Business - ECONOMY

    China holiday sales grow at slowest in decade amid crackdown on graft

    Posted Feb 07th 2014, 02:54pm by Langi Chiang

    ... and jewellery products sold well. Sales of luxury gifts and alcohol fell 70 per cent in some shopping centres in Fuzhou, Fujian province. Sales of expensive cigarettes and alcohol at some retail outlets ...

  10. Business - Comment - LAI SEE

    New 7-Eleven in Lan Kwai Fong dismays bar owners

    Posted Jan 29th 2014, 05:02am by Howard Winn

    ... in the area, are also allowed to sell alcohol to minors. Indeed there are no restrictions on retail outlets such as convenience stores and supermarkets from selling to minors. Although some as a matter of policy do not, there is no legal requirement. As a result it is not an uncommon practice for minors to buy alcohol in convenience stores such as 7-Eleven and disappear off to the beaches or parks ...




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