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Category: Breaking News

PM straining at the bit over brand protection dispute with Australia

PM straining at the bit over brand protection dispute with Australia

April 15, 2014 | Comments (0)

Philip Morris Asia (PMA) is keen to get to the core of its dispute with the Australian government over the issue of standardized tobacco packaging. In a note posted on its website, the company reported that the tribunal assigned to hear PMA’s challenge to Australia’s plain packaging law yesterday decided to divide the proceedings in […]

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FCTC threatens more harm than good

FCTC threatens more harm than good

April 15, 2014 | Comments (0)

Indonesian Trade Minister Muhammad Lutfi has said his government will not ratify the World Health Organization’s Framework Convention on Tobacco Control (FCTC) soon, according to a Tempo story. According to the views of the trade ministry and of the industry ministry, Lutfi said, the ratification did not have to take place immediately. “Mr. Hidayat [the […]

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Drinking goes up as smoking goes down

Drinking goes up as smoking goes down

April 15, 2014 | Comments (0)

Fewer South Koreans are smoking, but more are drinking hard, feeling fat and getting depressed, according to a story in the Korea Joongang Daily quoting figures from a government poll. The Korea Centers for Disease Control and Prevention today announced the results of its 2013 Community Health Research poll, which showed, in part, that the […]

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Way sought to prevent labor-market turmoil when Dutch factory closes

Way sought to prevent labor-market turmoil when Dutch factory closes

April 15, 2014 | Comments (0)

Dutch trade unions have appealed to Philip Morris Holland (PMH) to protect the 1,230 people employed at the company’s cigarette factory at Bergen op Zoom, the Netherlands, which is due to close by October, according to an ANP story. The personnel should continue to be paid until finding a new job, Arend van Wijngaarden, chairman of trade union CNV Vakmensen, was […]

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MEP poses tax-harmonization question

MEP poses tax-harmonization question

April 14, 2014 | Comments (0)

The European Commission has been asked whether it intends in the near future to propose the harmonization of excise duties on tobacco products within the Union, so as to combat tax tourism. In a preamble to a number of questions, French MEP Marie-Thérèse Sanchez-Schmid said that on March 14, 2013, the European Court of Justice […]

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Korea’s state health insurer to sue tobacco firms over disease costs

Korea’s state health insurer to sue tobacco firms over disease costs

April 14, 2014 | Comments (0)

South Korea’s state health insurer said today it was going to court to seek an initial KRW53.7 billion ($51.9 million) from KT&G and the local units of Philip Morris and British American Tobacco to offset treatment costs for diseases linked to tobacco smoking, according to stories by Reuters and Arirang TV & Radio. “We believe […]

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Beijing to ban tobacco smoking—again

Beijing to ban tobacco smoking—again

April 14, 2014 | Comments (0)

A draft regulation published on Friday would ban public money being used in Beijing to buy tobacco products for gifts or public functions, according to the Xinhua News Agency quoting the city’s legal affairs office. The draft regulation on smoking control, which has been put out for public comment, would prohibit also tobacco smoking in […]

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EU Commission watching waterpipe use

EU Commission watching waterpipe use

April 14, 2014 | Comments (0)

The EU Commission is monitoring the use of waterpipes within member states and, under the new Tobacco Products Directive, will be able to apply stricter ingredient regulations to waterpipe tobacco should there be a substantial increase in sales of this product or in its use among young people. This was part of an answer given […]

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Good growth in JT’s domestic sales

Good growth in JT’s domestic sales

April 14, 2014 | Comments (0)

Japan Tobacco Inc.’s domestic cigarette sales volume during March, at 12.7 billion, was increased by 30.1 percent on that of March 2013, 9.7 billion, according to preliminary figures issued by the company on Friday. The March 2013 figure was down by 3.6 percent on that of March 2012. Volume during April 2013–March 2014, at 120.1 […]

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Lorillard to host results conference call

Lorillard to host results conference call

April 14, 2014 | Comments (0)

Lorillard is due to host a conference call for analysts and investors from 1 p.m. Eastern Time on April 24 following the release of its first quarter 2014 results. The conference call will be hosted by chairman, president and CEO, Murray S. Kessler, and CFO and executive vice president, finance and planning, David H. Taylor. […]

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