Archive for June, 2014

Thai court approves bigger warnings

Thai court approves bigger warnings

| June 30, 2014

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

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

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

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

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

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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