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Hungary looking at plain packaging and special levy

Hungary looking at plain packaging and special levy

| June 29, 2015

Hungary is considering the introduction of standardized packaging for tobacco products and the imposition of a special tax on tobacco companies, according to a story in Hungary Today. A proposal on these matters is expected to be tabled in parliament later this year. But, according to the current plans, the construction of Budapest’s new hospital […]

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Singapore display ban would bring host of problems

Singapore display ban would bring host of problems

| June 29, 2015

Retailers in Singapore have said that a proposal to ban shops from displaying cigarettes will result in a host of problems, according to a story by Melissa Lin for the Straits Times. Retailers are expecting to encounter confusion, longer transaction times and added business costs should the rule be implemented. But most business owners said […]

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Hungary confirms distribution contract award

Hungary confirms distribution contract award

| June 29, 2015

Hungary’s National Development Ministry confirmed on Thursday (June 25) that it had awarded to British American Tobacco and Taban Trafik a concession for the distribution of tobacco products to licensed retailers, according to a Portfolio.hu story. This was despite its having received a more favorable bid from three other tobacco companies on June 24. A […]

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Getting into a bit of a flap over RYO pouch warnings

Getting into a bit of a flap over RYO pouch warnings

| June 29, 2015

The European Commission’s draft proposals for the positioning of health warnings on roll-your-own tobacco pouches is being circulated as a notification by the World Trade Organization’s Committee on Technical Barriers to Trade. Article 9 of the EU’s new Tobacco Products Directive, which has to be transposed into national legislation by May 20, 2016, requires that […]

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Sampoerna looking to comply with exchange ruling

Sampoerna looking to comply with exchange ruling

| June 29, 2015

Philip Morris International said on Friday that its Indonesian subsidiary, Sampoerna, in which it holds a 98.18 percent interest, would explore options to comply with the Indonesian Stock Exchange’s (IDX) mandatory requirement of a minimum threshold for public shareholding. On January 30, 2014, IDX introduced a regulation requiring all listed public companies to have at […]

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Andhra tobacco growers in ‘disastrous predicament’

Andhra tobacco growers in ‘disastrous predicament’

| June 26, 2015

Flue-cured tobacco growers in the Indian state of Andhra Pradesh are facing a disastrous predicament, according to a story in the latest issue of the BBM Bommidala Group newsletter quoting the member of parliament, Y.V. Subba Reddy. The MP said that there were no buyers for the low- to medium-grade flue-cured that accounted for more […]

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