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Archive for June, 2014

Thai court approves bigger warnings

Thai court approves bigger warnings

June 30, 2014 | Comments (0)

Thai cigarette manufacturers will have to print even larger pictorial health warnings by Sept. 23, now that the Supreme Administrative Court has ruled in support of a new regulation by the Public Health Ministry, according to a report in The Nation. In line with the regulation, pictorial warnings must now cover at least 85 percent […]

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Korea to ban product discriptors

Korea to ban product discriptors

June 30, 2014 | Comments (0)

Cigarette makers in South Korea will be banned from using such words as light, low tar and pure on cigarette packaging from next year, reports The Korea Times. The Ministry of Strategy and Finance announced revised decrees on Sunday to forbid tobacco makers from using such misleading words on packages or in advertisements. The rules […]

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Zimbabwe sales near to 2001 peak

Zimbabwe sales near to 2001 peak

June 30, 2014 | Comments (0)

Zimbabwe sold nearly 190 million kg during the 2013–2014 season, surpassing the target of 180 million kg, reports New Zimbabwe, quoting the Tobacco Industry and Marketing Board (TIMB). Auction and contract sales fetched a combined $604.7 million. Although auction marketing is set to end soon, contract sales would continue until further notice, TIMB added. In […]

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Philippines to audit Mighty Corp.

Philippines to audit Mighty Corp.

June 27, 2014 | Comments (0)

The Philippine Bureau of Internal Revenue (BIR) has started an audit on the tax payments of cigarette manufacturer Mighty Corp., reports ABS-CBN News. BIR personnel have been assigned to Mighty’s manufacturing facilities to ensure they are complying with tax payments. The investigation follows allegations that the company has been underdeclaring its production volume, resulting in […]

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PMI buys Nicocigs

PMI buys Nicocigs

June 27, 2014 | Comments (0)

Philip Morris International has purchased Nicocigs, a leading U.K.-based vapor company whose principal brand is Nicolites. The transaction is not subject to regulatory approval and is not material to PMI’s 2014 consolidated financial position. “This acquisition is complementary to our previously announced agreement for the license and distribution of Altria Group’s e-vapor products,” said Drago […]

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Low compliance with health warnings requirement

Low compliance with health warnings requirement

June 27, 2014 | Comments (0)

The majority of cigarette packs in Indonesia do not comply with the country’s new graphic health warning requirements, according to a report in The Jakarta Post. The Drug and Food Monitoring Agency (DFMA) said only 13.44 percent of cigarette packages circulating in the market bear the pictorial warnings that became mandatory on June 24. Under […]

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Savanna to set up factory in Mozambique

Savanna to set up factory in Mozambique

June 25, 2014 | Comments (0)

Savanna Tobacco of Zimbabwe plans to set up a factory in Mozambique, reports Newsday. According to Chairman Adam Molai, the company will invest at least $2 million in equipment and marketing. “We have been exporting a lot of finished cigarettes into Mozambique,” said Molai. “We are seeing opportunities to pack our cigarettes in that market.” […]

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EU’s illegal cigarette trade fell in 2013

EU’s illegal cigarette trade fell in 2013

June 25, 2014 | Comments (0)

One in every 10 cigarettes consumed in the EU during 2013 was illicit, according to a new KPMG study carried out on behalf of British American Tobacco, Imperial Tobacco, Japan Tobacco International and Philip Morris International. Thirty-three percent of these illicit cigarettes comprised “illicit whites,” an emerging type of branded cigarette manufactured for the sole […]

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Capsules delivering multiple flavors

Capsules delivering multiple flavors

June 25, 2014 | Comments (0)

KT&G has launched on the South Korean market a capsule-filter cigarette that delivers two flavors, according to a story in The Korea Herald quoting a company announcement on Monday. Raison Sun Presso is the latest edition to KT&G’s Raison Presso brand launched in 2012. Each cigarette contains a capsule in the filter that when popped […]

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New government looking for more taxes

New government looking for more taxes

June 25, 2014 | Comments (0)

Indian Health Minister Dr. Harsha Vardhan is proposing a tax hike of INR3.5 per stick on cigarettes of all lengths and the removal of tax exemptions for bidi manufacturers as part of the new government’s 2014–2015 budget, according to a story in the latest issue of the BBM Bommidala Group newsletter. The budget is due […]

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