Beer in Thailand becomes a social issue.

Market Asia Pacific | June 1, 2005 | Copyright

A proverb attributed to the fishermen of Ko Thao, an island known for its mangrove forests and diving, reads, "one man, one beer, no problem." Unfortunately, not all of Thai society sees it that way.

Toward the end of the first quarter 2005, Thailand's biggest brewery - which controls between 60 percent and 80 percent of Thailand's US$2.1-billion beer market with over 40 brands - faced a decision on whether or not its application for listing on The Stock Exchange of Thailand would be approved. The exchange is commonly known as the SET, and claims to be the fastest ...

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