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Singha producer welcomes change in excise tax regime.

Bangkok Post (Bangkok, Thailand)

| June 02, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Bamrung Amnatcharoenrit

Jun. 2--Boon Rawd Brewery Co, the brewer of Singha beer, has welcomed the government's move to revise the alcohol tax structure from collections based on product prices to alcohol content, saying it would create fairer competition in the market.

President Santi Bhirom Bhakdi said yesterday that the initiative by Prime Minister Thaksin Shinawatra was in line with international standards in countries including France, Denmark, Finland and the United Kingdom.

The existing tax system tended to put Boon Rawd at a disadvantage to some competitors, said Mr Santi. For example, the tax payment on Heineken, a premium beer, ...

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