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RAI increases quarterly dividend

RAI increases quarterly dividend

| May 10, 2013

Reynolds American Inc. said yesterday that its board of directors had approved a 6.8 percent increase in the quarterly cash dividend on the company’s common stock, taking it from $0.59 per share ($2.36 per share annualized) to $0.63 per share ($2.52 per share annualized). The dividend will be payable on July 1 to shareholders of […]

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WHO snags Kosovo in its tobacco-control net

WHO snags Kosovo in its tobacco-control net

| May 9, 2013

The World Health organization announced it had snared Kosovo in its ever-growing tobacco-control net. The country has adopted a comprehensive tobacco control law in line with the WHO Framework Convention on Tobacco Control (WHO FCTC). The measures include: 100 percent smoke-free indoor public places, workplaces, and public transportation, as well as specified outdoor areas, with some […]

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Dalligate update: Kimberley denies asking for €60 million

Dalligate update: Kimberley denies asking for €60 million

| May 9, 2013

Defence lawyers of Sliema restaurateur Silvio Zammit yesterday pressed the police’s witness Gayle Kimberley on whether she was the one who came up with the €60 million figure at the heart of the Dalligate scandal. Kimberley denied it categorically, but lawyer Edward Gatt insisted on the point, reminding the young lawyer that she was testifying […]

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Tobacco the crop of choice in Zimbabwe

Tobacco the crop of choice in Zimbabwe

| May 9, 2013

Zimbabwe had sold 107 million kg of flue-cured tobacco for a total of $400 million by the end of the 55th day of sales, according to a story in the Zimbabwe Herald. By the same stage of last season’s sales, 84 million kg of flue-cured had been sold for  $315 million. The Tobacco Industry and […]

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Tobacco industry has little to fear from EU TPD proposals

Tobacco industry has little to fear from EU TPD proposals

| May 9, 2013

The European Commission believes that its proposed revisions to the Tobacco Products Directive would, if adopted, have limited adverse impact on the tobacco industry – and some positive impacts. “The adoption of the proposal for a revised Tobacco Products Directive was preceded by a thorough impact assessment, including an assessment of the economic impacts on […]

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Dutch smoking ban does another U-turn

Dutch smoking ban does another U-turn

| May 9, 2013

The Netherland’s ban on tobacco smoking in bars and cafés will be reinstated across almost the entire hospitality industry in July next year, according to a DutchNews story quoting junior health minister, Martin van Rijn. Changes to the tobacco law would be presented to parliament before October so that all legal obstacles could be dealt […]

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E-cigarettes under threat in EU

E-cigarettes under threat in EU

| May 9, 2013

The European Commission has said that the majority of e-cigarettes sold in the EU would most likely fall under pharmaceutical legislation if the commission’s proposed revisions to its Tobacco Products Directive were to be accepted. The commission has proposed that e-cigarettes would fall under the legal framework for medicinal products if they contained levels of […]

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PMI to webcast symposium presentation

PMI to webcast symposium presentation

| May 9, 2013

Philip Morris International is due to host a live audio webcast at www.pmi.com/webcasts of its remarks and question-and-answer session by CFO Jacek Olczak at the Goldman Sachs Consumer Products Symposium on May 14, starting about 9:05 a.m. Eastern Time. The webcast, which will be in listen-only mode, will provide live audio of the entire PMI session. An […]

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PMI celebrates performance at annual meeting

PMI celebrates performance at annual meeting

| May 8, 2013

Philip Morris International held its annual meeting of shareholders today. Louis C. Camilleri, chairman of the board and CEO, addressed shareholders and answered questions. Chief Operating Officer André Calantzopoulos gave the business presentation, focusing on PMI’s performance since its spin-off in March 2008, which has seen total shareholder return reach 135 percent through April 30, […]

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Obama $0.94 smoke tax a ghost

Obama $0.94 smoke tax a ghost

| May 8, 2013

It’s never going to happen, apparently it wasn’t ever going to. The cigarette sin tax to generate $78 billion to fund a preschool education program vanished almost as soon as Obama announced it four weeks ago, according to the Washington, D.C.-centered  blog Politica.com The president hasn’t mentioned it. The White House didn’t coordinate with outside anti-smoking groups, […]

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Asia Marketing Services to represent Agio

Asia Marketing Services to represent Agio

| May 7, 2013

Royal Agio Cigars has appointed Asia Marketing Services as its agent for the Asia Pacific region. Asia Marketing Services will be responsible for coordinating the sales and marketing efforts of the Agio Cigars brands in the Asia Pacific domestic and travel retail markets. “This strategic partnership with Asia Marketing Services will enable us to continue growing […]

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Cuba joins fight over Aussie plain packaging rules

Cuba joins fight over Aussie plain packaging rules

| May 6, 2013

Cuba has become the latest country to launch a legal attack on Australia’s landmark plain packaging rules for tobacco at the World Trade Organization (WTO). The laws came into effect last December and mean cigarettes can only be sold in brown packages with graphic health warnings. The WTO says Cuba has requested consultations with Australia […]

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A nickel a butt adds up

A nickel a butt adds up

| May 3, 2013

Redemption programs have dramatically reduced the amount of bottles and cans that go into the waste stream. Now a restaurant owner in Portland, Maine, U.S.A. wants to do the same with cigarette butts, according to a story reported on WLBZ. Mike Roylos says he’s tired of dealing with butts outside the Spartan Grill. “They’re everywhere. I […]

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Villiger eyes the premium side

Villiger eyes the premium side

| May 3, 2013

The U.S. unit of one of the major players in the world of European-style, machine-made cigars is expanding its presence on the premium side of the business. Villiger Cigars North America, the U.S. arm of Villiger Söhne AG of Pfeffikon, Switzerland, has expanded its small but growing stable of handmade cigar brands, according to a story […]

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Parkside’s safety and health approach gets gold

Parkside’s safety and health approach gets gold

| May 3, 2013

Parkside Flexibles’ approach to occupational safety and health has been recognized by the U.K. Royal Society for the Prevention of Accidents (RoSPA). RoSPA will present the company with its 2013 Gold Occupational Health and Safety Award during a ceremony at the Hilton Birmingham Metropole Hotel on May 14. Dating back 57 years, the RoSPA Awards […]

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UK plain packaging plan goes up in smoke

UK plain packaging plan goes up in smoke

| May 2, 2013

U.K. Prime Minister David Cameron has scrapped plans to force all cigarettes to be sold in plain packs, according to a story published today in The Sun. Health ministers had been considering the move for a year. Proponents had insisted making packages bland would put smokers off — and stop kids from picking up the habit. Cameron initially backed the plan, but has […]

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WHO to conduct tobacco cost-benefit analysis

WHO to conduct tobacco cost-benefit analysis

| May 1, 2013

A team of 20 WHO researchers will conduct a study in Uganda to determine the country’s earnings from the tobacco industry and costs incurred from treating people with tobacco-related illnesses, reports Monitor. According to the Uganda Demographic Health Survey 2011, about 15 percent of males and 3 percent of females aged 15-49 use tobacco products. […]

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Philippine credit rating up after tax reform

Philippine credit rating up after tax reform

| May 1, 2013

Fitch Ratings recently raised Philippines’ credit worthiness to “BBB-,” saying recent “sin” tax reforms demonstrated the government’s commitment to strengthening its revenue base. In January, the Philippines enacted new alcohol and tobacco tax laws, which raised the price of locally made, low-end cigarette brands by about 700 percent.

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Kazakhstan to go graphic

Kazakhstan to go graphic

| May 1, 2013

Kazakhstan will start requiring pictorial health warnings on cigarette packs from July, according to Azhar Tulegaliyeva, director of the Medical Care Organization Department. The country will be the first nation in the Commonwealth of Independent States to mandate graphic warnings in line with the World Health Organization’s Framework Convention on Tobacco Control, which Kazakhstan ratified […]

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India reconsiders filmmakers’ smoking disclaimers

India reconsiders filmmakers’ smoking disclaimers

| May 1, 2013

At a meeting with the filmmaker on April 17, the Indian Ministry of Health and Family Welfare agreed to consider the possibility of replacing the current anti-smoking disclaimers played in movie theaters with more creative ones, reports The Times of India. Filmmakers and broadcasters said they are not opposed to laws that prevent glorification of […]

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Illicit trade breaks another EU record

Illicit trade breaks another EU record

| May 1, 2013

The illegal cigarette trade in the EU reached a new record high for the sixth year in a row, according to a KPMG report commissioned by Philip Morris International. The study showed the illegal cigarette trade rising to 11.1 percent in 2012 from 10.4 percent in 2011. At 31 percent of the national tobacco market, […]

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‘Tobacco Directive will encourage smoking’

‘Tobacco Directive will encourage smoking’

| May 1, 2013

Provisions in the proposed EU Tobacco Products Directive (TPD), including standardized packaging and a ban on menthol and slim cigarettes, have the potential to push consumer downtrading and fuel illegal trade, according to a study conducted by Roland Berger Strategy Consultants, commissioned by Philip Morris International and reported by Business Wire. The report predicts 175,000 […]

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BAT to double Philippine leaf purchases

BAT to double Philippine leaf purchases

| May 1, 2013

British American Tobacco will double its purchases of Philippine tobacco as it plans to invest more than $50 million in the country this year, reports The Manila Bulletin. James Lafferty, general manager of BAT Philippines, said the company will buy 3.6 million kg of Philippine tobacco, valued at between $12 million and $14 million, in the […]

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Despite EU weakness, German smokers stay strong

Despite EU weakness, German smokers stay strong

| May 1, 2013

Alison Cooper, CEO of Imperial Tobacco, said cigarette and tobacco sales in Germany were “excellent,” despite the EU’s economic weakness, which hit the British multinational’s half-year profits. “We are growing cigarette share, we are growing fine-cut share, and not just at the value end of the market. We have seen growth at the top-end in brands […]

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Smoke signals towards higher prices in Pacific Islands

Smoke signals towards higher prices in Pacific Islands

| May 1, 2013

Expext a hike in the price of cigarettes if local authorities support moves to increase taxation on cigarettes in the Pacific Islands, where a high percentage of deaths are related to diseases caused by non-communicable diseases (NCDs). The proposed increase in tax, which is supported by the World Health Organization, is aimed at discouraging smoking. The […]

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