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Sugar is the new tobacco

Sugar is the new tobacco

| July 14, 2014

Kuwait’s Ministry of Health is considering whether it should ask the government to increase taxes on tobacco products and cancel subsidized sugar from the monthly rations of its citizens, according to a Kuwait News Agency report quoting the ministry’s undersecretary, Khaled Al-Sahlawi. The proposed moves would be aimed at reducing the incidence of noncommunicable diseases […]

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Nominal duty increase will have impact

Nominal duty increase will have impact

| July 14, 2014

Although an excise-duty increase on cigarettes by the Nepalese government has been described as “nominal”; it is nonetheless expected to have an impact on the tobacco trade in the long term, according to a Republica story quoting a tobacco manufacturing executive. In the budget for fiscal year 2014–2015, which Finance Minister Dr. Ram Sharan Mahat […]

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Imperial employees provide flood relief

Imperial employees provide flood relief

| July 14, 2014

Employees from across Imperial have been helping to support those affected by the severe floods in Serbia, Croatia and Bosnia. The heaviest downpours for 120 years saw communities flooded and thousands of people left homeless and cut off. A number of Imperial employees were directly impacted, including two sales representatives in Bosnia who lost their […]

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Omnipack acquires Torcapack

Omnipack acquires Torcapack

| July 11, 2014

CTI Invest and Omnipack have taken over all activities of Torcapack, a Spanish producer of shoulder boxes for the tobacco industry. The operations will remain in Antequera but will be operated and administrated by from Omnipack’s Barcelona headquarters. The shoulder-boxes business will be incorporated under the brand name Omnipack in the future. The acquired activities […]

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Imperial statement gives credence to RAI/Lorillard merger speculation

Imperial statement gives credence to RAI/Lorillard merger speculation

| July 11, 2014

Imperial Tobacco has confirmed that it is in discussions with Reynolds American Inc. (RAI) and Lorillard about the possible acquisition of certain brands and assets owned by RAI and Lorillard. Imperial’s statement supports speculation that RAI is in talks over the acquisition of Lorillard because any such merger would require the divestment of brands so […]

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Calls for tighter anti-tobacco law in China

Calls for tighter anti-tobacco law in China

| July 11, 2014

Anti-tobacco activists in China have called for Beijing’s proposed smoking control legislation to be more tightly defined, according to an Ecns.cn story. The legislation, which is currently under review, is scheduled to take effect next year. It includes a proposal that smoking be banned in public places, but Zhang Jianshu, head of the Beijing Patriotic […]

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Malawi’s tobacco export earnings up

Malawi’s tobacco export earnings up

| July 11, 2014

The value of Malawi’s leaf tobacco exports during the first five months of this year, at $137.7 million, were increased by 58 percent on those of the first five months of 2013, $87 million. The exports, which, in the case of the 2014 figures, were from the Reserve Bank of Malawi, and which, in the […]

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JT’s domestic volume down in first half

JT’s domestic volume down in first half

| July 11, 2014

Japan Tobacco Inc’s domestic cigarette sales volume during June, at 8.9 billion, was down by 6.5 percent on that of June 2013, 9.5 billion, according to preliminary figures issued by the company today. The June 2013 figure was down by 4.2 percent on that of June 2012. Volume during January–June 2014, at 55.1 billion, was […]

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Flue-cured seed sales up in Zimbabwe

Flue-cured seed sales up in Zimbabwe

| July 11, 2014

Tobacco seed sales for Zimbabwe’s 2014–2015 flue-cured season, at 827,010 g, were up by almost 6 percent on those at the same stage of preparation for the 2013–2014 crop, 781,135 g, according to a story in The Herald quoting the Tobacco Industry and Marketing Board’s latest bulletin. Planting of the country’s irrigated tobacco is due […]

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PMI to host results webcast

PMI to host results webcast

| July 11, 2014

Philip Morris International is due to host a live audio webcast at www.pmi.com/webcasts from 9 a.m. Eastern Time on July 17 to discuss its 2014 second-quarter results, which will be issued around 7 a.m. the same day. During the webcast, which will be in listen-only mode, CFO Jacek Olczak will discuss the company’s results and answer […]

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Cut smoking for good of the economy: WHO chief tells Chinese leaders

Cut smoking for good of the economy: WHO chief tells Chinese leaders

| July 10, 2014

The head of the World Health Organization, Margaret Chan, has told Chinese leaders there is a “real risk” that China’s economic achievements of the past three decades could be canceled out by the huge burden of coping with diseases linked to smoking, according to a story by Zhuang Pinghui for the South China Morning Post. […]

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Cut smoking among U.K.’s mentally ill for good of the economy: researchers urge

Cut smoking among U.K.’s mentally ill for good of the economy: researchers urge

| July 10, 2014

More must be done in the U.K. to help people with mental health issues stop tobacco smoking because a new study suggests that such people cost the economy more than £2 billion a year, according to a Press Association story. The study, published in the journal Tobacco Control, was said to have estimated the cost […]

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BAT linked with possible RAI acquisition and both linked with Lorillard deal

BAT linked with possible RAI acquisition and both linked with Lorillard deal

| July 10, 2014

British American Tobacco could be on the verge of acquiring Reynolds American Inc., according to a story by Geoff Foster for This is Money’s Market Report. BAT’s shares, Foster noted, had fallen by 19.5 pence to 3555.5 pence amid growing speculation it was ready to splash out billions of pounds buying the 58 percent of […]

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Australia cuts funding for quit-smoking initiatives among its indigenous people

Australia cuts funding for quit-smoking initiatives among its indigenous people

| July 9, 2014

Cuts to Australia’s Tackling Indigenous Smoking program in this year’s budget will contribute to the early deaths of Aboriginal smokers, according to a story by Sarah Dingle for the Australian Broadcasting Corporation quoting warnings by a former race discrimination commissioner. The program’s budget is $65 million a year, but Tom Calma said a decision had […]

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Ignore the violence, just ban the smoking

Ignore the violence, just ban the smoking

| July 9, 2014

Tobacco control campaigners in China on Monday protested against smoking scenes in the movie Transformers, according to a Xinhua Newswire story, which said that the film had broken the country’s box office record. In a letter to the State Administration of Press, Publication, Radio, Film and Television, the campaigners complain that Hound, a major character […]

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NRT to go on general sale in Ireland

NRT to go on general sale in Ireland

| July 9, 2014

A nicotine replacement product is to be allowed to go on general sale in Ireland for the first time following a decision to relax the rule that has confined the availability of such products to pharmacies, according to a story by Paul Cullen for The Irish Times. The initiative by the Health Products Regulatory Authority […]

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