A love affair with New Zealand wines is just a beginning in Asia. Matua, the producer of New Zealand’s first Sauvignon Blanc keeps hitting the road, as this New Zealand’s Wine Producer of the Year is now expanding its footprint to the region. And Indonesia is no exception. Speaking from one of Matua’s vineyards outside of Auckland, Matua winemaker, Greg Rowdon, said he’s thrilled to see Matua expanding it markets in Asia, including Indonesia. He says, “When you taste a Matua wine, you reall … [Read more...]
Matua
Sotheby’s finest & rarest wines achieve high prices
Sotheby’s two wine auctions achieved a combined total of HK$35.2 million / US$4.5 million, exceeding the combined pre-sale estimate (HK$26 million / US$3.4 million). The top lots for each sale were Romanée-Conti 1989 (1 methuselah - 6 liters) which sold for HK$875,000 / US$112,179 (Est. HK$500,000 - 800,000 / US$65,000 – 100,000), and Hermitage La Chapelle, Paul Jaboulet Aîné 1961 (6 bottles) which fetched HK$735,000 / US$94,231 (Est. HK$280,000 – 380,000 / 35,000 – 50,000) respe … [Read more...]
Plagã
Have you drunk wine today? This is one simple question that has piqued my curiosity of late. I have been in Bali for quite some time and enjoyed many of the decadent delights on offer. Wine comes every so often, though not on a daily basis, and I take it for granted sometimes. Yet I can’t help but wonder, will the habit of drinking wine daily on a tropical island like Bali become the norm in society? The corresponding answer/question is: why not? There is among a few people the issue of p … [Read more...]
Sotheby’s to Present Finest & Rarest Wines
Sotheby’s is pleased to announce the second auction of its September Wine Sale Series - Finest and Rarest Wines, Including Hermitage La Chapelle 1949 - 2010 And Château La Lagune 1958 - 2010 Direct From The Cellars - to be held on 7 September at Sotheby’s Hong Kong Gallery, immediately following the sale of an important private collection, Only DRC – A Private Cellar Of Domaine De La Romanée-Conti, on the same day (see separate release). The sale totals 760 lots estimated at HK$15 – 22 million / … [Read more...]
Bordeaux rendezvous
Early last month French fine dining restaurant Amuz, alongside wine distributor PT. Dwimitra Sukses Perkasa, held what could be easily called the wine dinner of the year. 200 guests enjoyed 26 Bordeaux Grand Cru from the 2001 to 2003 vintages. Here’s a look at some of the Bordeaux trade’s most important components. The 1855 Classification There are approximately 10,000 chateaus that produce wine in Bordeaux today and in particular, the Bordeaux 1855 Classification singles out 58 of the fine … [Read more...]
Sip, Swirl and Sell
If you’re looking for a crisis-proof investment that’s practically easy to do, red wines happen to retain not only good taste, but also good money as time goes on. Wine as part of drinking habits is now inseparable to those growing countries in Asia. The better economy proves that more palates demand higher quality, taste and, ultimately, brands. And this is where exactly fine wine investment chips in... Bottling up big profit in the disguise – or real facets sometimes – of all the three e … [Read more...]
Palatable Aussie
With the annual wine exports of around 770 million liters, the Australian wine industry contributes A$5.5 billion per year to Australia’s economy, making this pristine Kangaroo nation the world’s fourth largest wine exporting country. Highly regarded by wine drinkers worldwide, with strong growth in exports, Australian wines have rivaled some French viticulturists. According to Winebiz, Australia’s Wine Industry Portal by Winetitles, North America and the U.K. account for about two third of … [Read more...]