Category: Breaking News

Limited tax increase plea

Limited tax increase plea

| May 15, 2017

An economic slowdown in Indonesia has led to the manufacturers of white-stick cigarettes asking the government to limit any tax increase to five percent.

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Korea awaits iQOS launch

Korea awaits iQOS launch

| May 15, 2017

IQOS is to be launched in South Korea later this week according to ‘industry sources’ presumably speculating on the subject of a PMI Korea press conference set for Wednesday.

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Herbal project derailed

Herbal project derailed

| May 15, 2017

An investment aimed at the manufacture in Sri Lanka of ‘cancer safe’ herbal cigarettes seems to have fallen at the final jump.

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Snus milestone passed

Snus milestone passed

| May 12, 2017

A new study has ‘dismissed’ what was the last remaining risk alert in respect of Swedish snus, which can now take its place alongside nicotine gum and patches on the risk continuum.

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Zimbabwe prices down

Zimbabwe prices down

| May 12, 2017

After 36 days of sales over Zimbabwe’s contract and auction floors, farmer prices for flue-cured tobacco were down two percent on those of 2016.

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Huge tax increase in Taiwan

Huge tax increase in Taiwan

| May 12, 2017

Taiwan is making no bones about the fact that a huge cigarette tax rise is being imposed so as to raise much-needed revenue. That it might force some to quit smoking is in the background.

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Record duty-free event

Record duty-free event

| May 12, 2017

Records tumbled at this year’s TFWA Asia Pacific Exhibition & Conference, which was held in Singapore on May 7-11.

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Altria to webcast AGM

Altria to webcast AGM

| May 12, 2017

The audio content of Altria’s Annual Meeting of Shareholders is being made available through a webcast on May 18.

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Results due May 23

Results due May 23

| May 12, 2017

Vice president and treasurer Candace C. Formacek will host Universal Corporation’s webcast of its results conference call.

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Considering fairer taxes

Considering fairer taxes

| May 11, 2017

Whether what is being considered is workable or not; at least South Korea’s new regime is trying to address the regressive nature of cigarette taxes.

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Auctioning illicit tobacco

Auctioning illicit tobacco

| May 11, 2017

What should be done with seized smuggled cigarettes when their numbers reach 20 percent of the market? Destroying them involves a cost; so why not auction them?

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FDA deadlines guidance

FDA deadlines guidance

| May 11, 2017

Guidance has been issued concerning the deadlines for compliance with those US Food and Drug Administration’s deeming regulations that have been extended.

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CORESTA reporting

CORESTA reporting

| May 11, 2017

CORESTA reports and information on projects that the scientific organization has undertaken are being made available on the organization’s website.

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Vapor pushing out smoke

Vapor pushing out smoke

| May 10, 2017

Part of the reason for a sharp decline in Japan Tobacco Inc’s domestic cigarette sales during the first quarter of this year was the increase in industry sales of vapor products.

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JTI to shut Malaysia plant

JTI to shut Malaysia plant

| May 10, 2017

About 270 people will be made redundant when, later this year, JTI Malaysia closes its factory ‘to ensure consistency in the supply of our quality products to our consumers…’

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Senate confirms FDA head

Senate confirms FDA head

| May 10, 2017

The eyes of the US vapor industry will be set on Dr. Scott Gottlieb, who yesterday was confirmed by the Senate as commissioner of the Food and Drug Administration.

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Thailand investigating hemp

Thailand investigating hemp

| May 10, 2017

The Thailand Tobacco Monopoly has challenged itself with developing and producing cigarettes that do not have a negative effect on health.

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Illegal trade up 90 percent

Illegal trade up 90 percent

| May 9, 2017

The Indian government’s strategy of increasing taxes on cigarettes to reduce smoking is feeding demand for illicit cigarettes; the presence of which on the market is undermining that strategy.

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Warnings up to 90 percent

Warnings up to 90 percent

| May 9, 2017

Nepalese smokers could in future be confronted with 90-percent graphic health warnings and assailed by tax hikes.

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Life-expectancy gap

Life-expectancy gap

| May 9, 2017

Cigarette smoking is said to be one of the factors that has created a huge gap between life expectancy levels in the US.

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