Author Archive: speccomm

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Tobacco profits robust

Tobacco profits robust

| January 16, 2017

Cigarette sales rose by between nine and 10 percent in Morocco last year; so it was a good year to be involved in the tobacco trade there.

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Universal CFO on medical leave

Universal CFO on medical leave

| January 14, 2017

Universal Corp.’s senior vice president and chief financial officer, David C. Moore, will be on a temporary medical leave of absence, effective immediately.

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Smoking ban a priority

Smoking ban a priority

| January 13, 2017

About 1 in 10 Chinese people lives in a place where tobacco smoking is banned in public places, but a national ban is said to be coming – perhaps this year.

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Shisha smoking examined

Shisha smoking examined

| January 13, 2017

A study in Jordan has found that young adults who smoke shisha regularly show substantially more symptoms of respiratory problems than do those who do not smoke.

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KT&G sales resilient

KT&G sales resilient

| January 13, 2017

The imposition of graphic health warnings on cigarettes sold in South Korea is expected to knock KT&G’s domestic sales initially, but they are expected to rebound before the end of the year.

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Sales ban proposal attacked

Sales ban proposal attacked

| January 13, 2017

A Russian health ministry proposal to ban the sale of tobacco products to people born after 2015 has met with opposition from tobacco producers.

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Imperial in China JV

Imperial in China JV

| January 12, 2017

In the longer term, a new Imperial Brands joint venture with Yunnan Tobacco will look at opportunities presented by next generation products and possible mergers and acquisitions.

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End-game policy mooted

End-game policy mooted

| January 12, 2017

Proposals to ban cigarette sales to those born after particular years are put forward and then fade out. But this happened, too, in the case of standardized packaging – until one country took action.

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Warnings on illegal trade

Warnings on illegal trade

| January 12, 2017

The presence in Hong Kong of illicit cigarettes has fallen by 6.7 percent since 2012, but an advocacy group is warning that the government needs to vigilant.

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Smokers funding care

Smokers funding care

| January 12, 2017

Once again it seems that smokers – this time those in Taiwan – are being asked to pay for universal services that, presumably, the rest of the people aren’t willing to fund.

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Vapor law symposium

Vapor law symposium

| January 11, 2017

Keller and Heckman will present a vapor law symposium in Washington, D.C. on Feb, 2- 3.

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Smokers used as milch-cows

Smokers used as milch-cows

| January 11, 2017

It is as well that smokers can turn to devices such as electronic cigarettes because little of the huge amount they pay in excise taxes is used to help them quit their habit.

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Quit-smoking funding cut

Quit-smoking funding cut

| January 11, 2017

UK councils are having a tough time trying to maintain quit-smoking services as the central government slashes their public health grants.

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Taxes up, revenues down

Taxes up, revenues down

| January 11, 2017

In imposing tobacco tax hikes in October and November, the government of Sri Lanka fell into the trap of diminishing returns during the final quarter of last year.

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Early sales mooted

Early sales mooted

| January 11, 2017

Zimbabwe is preparing to open flue-cured tobacco sales earlier this year than was the case last year, a move that should help farmer finances and the country’s economy.

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WHO out of touch

WHO out of touch

| January 10, 2017

In a clear indication that it is out of touch with what is important, the World Health Organization has recently pushed the Syrian government to reduce smoking rates in the country.

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