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China Daily | Updated: 2009-05-07 08:06

Thailand hikes drink tax

Thailand's government yesterday approved an excise tax increase on beer and other alcoholic drinks to 9 percent from 7 percent to boost government revenue.

The measure is expected to boost the government's income by 6.3 billion baht ($179 million), which will be used for investment in infrastructure projects.

IN BRIEF (Page 17)

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