Category: Markets

KT&G ambitions grow

KT&G ambitions grow

| December 1, 2017

The cigarette manufacturer KT&G has ambitions to knock one of the multinationals out of the top four places of tobacco manufacturers by 2025.

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‘On fire’

‘On fire’

| December 1, 2017

Heat-not-burn products continue their conquest of Japan.

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UK wholesaler goes under

UK wholesaler goes under

| November 29, 2017

There will be logistical and financial consequences following the decision by Palmer & Harvey, the UK’s biggest tobacco wholesaler, to call in the administrators.

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TTM workers protest

TTM workers protest

| November 27, 2017

Workers at the Thailand Tobacco Monopoly have protested outside the Finance Ministry over the imposition of a new excise-tax structure that they believe will cost some of them their jobs.

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JT’s domestic sales down

JT’s domestic sales down

| November 17, 2017

Japan Tobacco Inc.’s domestic cigarette sales volume and the value of those sales each fell by more than 12 percent during October.

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Big falls in daily smoking

Big falls in daily smoking

| November 15, 2017

At 18 percent, smokers still make up a sizeable minority within the countries of the Organisation for Economic Co-operation and Development.

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HNB in wider distribution

HNB in wider distribution

| November 15, 2017

What is claimed to be the only heat-not-burn product on the US market uses patented technology to heat ‘liquefied tobacco from organic tobacco leaves’.

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Victim or villain?

Victim or villain?

| November 14, 2017

A recent Transparency International report says the tobacco industry hampers regulations that could reduce smuggling and benefit revenue collection for Latin-American countries.

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Vatican to ban sales

Vatican to ban sales

| November 10, 2017

The announcement of a forthcoming ban on sales of cigarettes within the Vatican City State has provided no end of amusement for headline writers, with holy smoke a favorite.

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Uruguay going after packs

Uruguay going after packs

| November 9, 2017

Uruguay, which has a history of robust anti-tobacco activities, looks set to become the seventh country to introduce standardized cigarette packaging

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England to quit by 2040

England to quit by 2040

| November 9, 2017

The end game is in sight. England could quit smoking by 2040 according to a new report prepared for Philip Morris Ltd; or it could quit by 2029 given certain interventions.

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Tax increase ‘effective’

Tax increase ‘effective’

| November 7, 2017

It seems premature to claim that a 2015 tax hike in South Korea was effective in reducing the incidence of smoking among low-income earners. Their numbers increased last year.

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Call for tobacco-duty freeze

Call for tobacco-duty freeze

| November 7, 2017

Seventy-six percent of people in the UK believe that tobacco taxes there are at about the right level or too high, indicating perhaps that the public recognizes that enough is enough.

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Reduced-risk plan dropped

Reduced-risk plan dropped

| November 6, 2017

If a World Health Organization note is anything to go by, the recently-announced Foundation for a Smoke Free World is going to have its work cut out simply explaining its mission.

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Indonesia to tax e-liquids

Indonesia to tax e-liquids

| November 6, 2017

A tax is being imposed on e-liquids sold in Indonesia partly on the grounds that the ‘main ingredient of vape liquid is tobacco’.

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BAT leaving Philippines

BAT leaving Philippines

| November 6, 2017

Given BAT’s small-scale operation in the Philippines, the highly consolidated nature of the market there and the lack of inorganic opportunities, the company is taking its leave.

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Smoking rate down, but high

Smoking rate down, but high

| November 6, 2017

Despite an 80 percent cigarette-tax rise at the start of 2015 and the introduction of graphic health warnings in 2016, smoking among adult men remains high in South Korea.

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AOI sales increased

AOI sales increased

| November 2, 2017

Alliance One International’s volume sales of leaf tobacco increased by 2.1 percent during the six months to the end of September, while the value of those sales was up by 11.3 percent.

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Market down by 11.8 percent

Market down by 11.8 percent

| November 1, 2017

Japan Tobacco Inc is holding its own on a free-falling domestic cigarette market, but it is still playing catch-up in respect of heat-not-burn products.

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Report backs e-cigarettes

Report backs e-cigarettes

| November 1, 2017

A group of UK parliamentarians believe misinformation is preventing a significant number of smokers from making the decision to switch to vaping.

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