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Craft Beer In South Korea
After revision of the liquor tax law in South Korea, it was introduced that license of making small scale beer. By releasing regulation, craft beer has increased as of 2014 in South Korea. Microbreweries in South Korea have expanded the base not only in the domestic market, but also in overseas markets. It has been increasing that demand and supply of microbreweries and pubs. History South Korean beer has a reputation for blandness and low quality. North Korean beer, in contrast, tends not to be as light and is considered relatively good for Asian beer. The British business weekly ''The Economist'' caused an uproar in South Korea when it declared in 2012 that "brewing remains just about the only useful activity at which North Korea beats the South." The article and the success of North Korean microbreweries prompted the South Korean beer industry to reform, including changing the alcohol law to allow microbrewing, in 2014. List of South Korean microbreweries * The Booth Brewing C ...
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Liquor Tax
Excise taxes on alcoholic beverages are per unit taxes levied by governments to raise revenue or used as corrective taxes to control health-related Externality, externalities associated with consumption of alcohol. This page addresses the economics and politics of alcohol excise taxation. Background Excise taxes are specific taxes applied to production, distribution or sale of a commodity or service, such as Alcohol (drug), alcohol, tobacco, Fuel taxes in the United States, gasoline, Sugary drink tax, sugary drinks, marijuana, plastic bags, Tanning tax, indoor tanning, bicycles, firearms, and gambling. Other terms for these taxes are an excise duty, indirect tax, unit tax, user fee, commodity tax, consumption tax, luxury tax, sumptuary tax, and sin tax. Excise tax in the United States, Excise taxes may be used to raise revenue or as corrective taxes to address externalities associated with production or consumption. Taxing producers using specific taxes is believed to reduce admin ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and the Sea of Japan to the east. Like North Korea, South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has Demographics of South Korea, a population of about 52 million, of which half live in the Seoul Metropolitan Area, the List of largest cities, ninth most populous metropolitan area in the world; other major cities include Busan, Daegu, and Incheon. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Gojoseon, Its first kingdom was noted in Chinese records in the early seventh century BC. From the mid first century BC, various Polity, polities consolidated into the rival Three Kingdoms of Korea, kingdoms of Goguryeo, Baekje, and Sil ...
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Craft Beer
Craft beer is beer manufactured by craft breweries, which typically produce smaller amounts of beer than larger "macro" breweries and are often independently owned. Such breweries are generally perceived and marketed as emphasising enthusiasm, new flavours, and varied brewing techniques. The microbrewery movement began in both the United States and United Kingdom in the 1970s, although traditional artisanal brewing existed in Europe for centuries and subsequently spread to other countries. As the movement grew, and some breweries expanded their production and distribution, the more encompassing concept of craft brewing emerged. A brewpub is a pub that brews its own beer for sale on the premises. Producer definitions Microbrewery Although the term "microbrewery" was originally used in relation to the size of breweries, it gradually came to reflect an alternative attitude and approach to brewing flexibility, adaptability, experimentation and customer service. The term and t ...
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South Korean Beer
Beer, called ''maekju'' () in Korean, was first introduced to Korea in the early 20th century. Seoul's first brewery opened in 1908. Two current major breweries date back to the 1930s. The third brewery established in Korea, Jinro Coors Brewery, was founded in the 1990s. It was later acquired by Oriental Breweries (OB). Hite Breweries's former name was Chosun Breweries, which was established in 1933. The company changed its name to Hite Breweries in 1998. OB Breweries established as Showa Kirin Breweries in 1933. The company changed its name to OB Breweries in 1995. The South Korean beer market is currently dominated by two major manufacturers, Hite-Jinro and OB, with several brands being sold in the local market. Most restaurants and bars in Korea only have one of these beer brands on tap (Hite or OB's Cass), as they are largely regarded to be similar in taste and price (they are mostly brewed from rice). Imported beers are widely available in Korea, but are generally expensiv ...
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North Korean Beer
North Korea has at least ten major breweries and many microbreweries that supply a wide range of beer products. The top brand is the light lager Taedonggang by the state-owned Taedonggang Brewing Company. The country's problems with goods distribution and power output have forced North Korean brewers to innovate. To minimize distribution, many restaurants and hotels maintain their own microbreweries. Because unreliable power supply makes it difficult to refrigerate beer, North Koreans have developed their own steam beer, an originally American beer style brewed in higher than normal temperatures, that is widely available. Although the Korean liquor soju is preferred, beer comes second when it comes to consumption. Since the 1980s, beer has been within reach of ordinary North Koreans, though it is still rationed. Tourists, on the other hand, enjoy inexpensive beer without such limitations. History The Japanese brought beer to Colonial Korea in the 1930s in the form of Germ ...
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Asian Beer
Beer in Asia began when beer was produced in Sumer, Mesopotamia (ancient Iraq) circa 6000 years ago. It was introduced by Europeans in the 19th century, with modern breweries established in British India, the Dutch East Indies (today Indonesia), China, and Japan. Asia's first modern brewery was established in 1830 in India entirely using European brewing technology. Today, beer brewing is a growing industry in Asia. China has been the world's largest beer producer since 2001. Asia is the largest beer-producing region in the world since 2009. In 2013, Asian top beer producing countries were China (46.5 million kiloliters), Japan (5.5 million kiloliters), Vietnam (3.1 million kiloliters), Thailand (2.3 million kiloliters), South Korea (2 million kiloliters) and India (1.9 million kiloliters). History Early history Ancient Middle East is believed to be the cradle of beer, as it linked to the domestication of cereal and production of bread in the area. Chemical tests of ancient pot ...
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The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. Mostly written and edited in London, it has other editorial offices in the United States and in major cities in continental Europe, Asia, and the Middle East. The newspaper has a prominent focus on data journalism and interpretive analysis over News media, original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson (businessman), James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into political economy and eventually began running articles on current events, finance, commerce, and British politics. Throughout the mid-to-late 20th century, it greatl ...
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Alcohol Law
Alcohol laws are laws relating to manufacture, Drinking alcohol, use, as Drunkeness, being under the influence of and sale of Alcohol (drug), alcohol (also known formally as ethanol) or alcoholic beverages. Common alcoholic beverages include beer, wine, (hard) cider, and distilled Spirits (alcohol), spirits (e.g., vodka, rum, gin). Definition of alcoholic beverage varies internationally, e.g., the United States defines an alcoholic beverage as "any beverage in liquid form which contains not less than one-half of one percent of alcohol by volume". Alcohol laws can restrict those who can produce alcohol, those who can buy it (often with Legal drinking age, minimum age restrictions and laws against selling to an already intoxicated person), when one can buy it (with hours of serving or days of selling set out), labelling and Alcohol advertising, advertising, the types of alcoholic beverage that can be sold (e.g., some stores can only sell beer and wine), where one can consume it (e.g ...
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Anheuser-Busch InBev
Anheuser-Busch InBev SA/NV, known as AB InBev, is an American-Belgian Multinational corporation, multinational Drink industry, drink and brewing company, brewing company based in Leuven, Belgium. It is the largest brewer in the world, and in 2023, was ranked 72nd in the Forbes Global 2000, ''Forbes'' Global 2000. Additionally, AB InBev has offices in New York City, alongside regional headquarters in São Paulo, London, St. Louis, Mexico City, Bremen, Johannesburg, and others. It has approximately 630 beer brands in 150 countries.''Annual Report 2020.''
Retrieved 6 April 2020.
AB InBev was formed through InBev acquiring the American company Anheuser-Busch. Anheuser-Busch InBev SA/NV is a publicly listed company, with its primary listing on the Euronext Brussels. It has secondary listings on Mexican Stock Exchange, Mexi ...
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Beer In South Korea
Beer, called ''maekju'' () in Korean, was first introduced to Korean Empire, Korea in the early 20th century. Seoul's first brewery opened in 1908. Two current major breweries date back to the 1930s. The third brewery established in Korea, Jinro Coors Brewery, was founded in the 1990s. It was later acquired by Oriental Breweries (OB). Hite Breweries's former name was Chosun Breweries, which was established in 1933. The company changed its name to Hite Breweries in 1998. OB Breweries established as Showa Kirin Breweries in 1933. The company changed its name to OB Breweries in 1995. The South Korean beer market is currently dominated by two major manufacturers, Hite Brewery, Hite-Jinro and Oriental Brewery, OB, with several brands being sold in the local market. Most restaurants and bars in Korea only have one of these beer brands on tap (Hite or OB's Cass), as they are largely regarded to be similar in taste and price (they are mostly brewed from rice). Imported beers are widely a ...
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Beer In North Korea
North Korea has at least ten major breweries and many microbreweries that supply a wide range of beer products. The top brand is the light lager Taedonggang by the state-owned Taedonggang Brewing Company. The country's problems with goods distribution and power output have forced North Korean brewers to innovate. To minimize distribution, many restaurants and hotels maintain their own microbreweries. Because unreliable power supply makes it difficult to refrigerate beer, North Koreans have developed their own steam beer, an originally American beer style brewed in higher than normal temperatures, that is widely available. Although the Korean liquor soju is preferred, beer comes second when it comes to consumption. Since the 1980s, beer has been within reach of ordinary North Koreans, though it is still rationed. Tourists, on the other hand, enjoy inexpensive beer without such limitations. History The Japanese brought beer to Colonial Korea in the 1930s in the form of German ...
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