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Altria declares dividend

Altria declares dividend

| December 11, 2014

Altria said yesterday that its board of directors had declared a regular quarterly dividend of $0.52 per common share, payable on January 9 to shareholders of record as of December 24. The ex-dividend date is December 22.

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ECLT members commit to fighting child labor

ECLT members commit to fighting child labor

| December 10, 2014

Members of the Eliminating Child Labor in Tobacco Growing Foundation  signed a Pledge of Commitment and Minimum Requirements on combating child labor. As part of the pledge, ECLT members commit to work collaboratively with the relevant local, national, regional and international stakeholders to progressively eliminate all forms of child labor from the tobacco supply chain […]

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Snus cooler labeling abuse allegations rebutted by SM

Snus cooler labeling abuse allegations rebutted by SM

| December 10, 2014

Swedish Match says it will defend itself vigorously against an allegation that it abused is dominant position on the Swedish Market when implementing a uniform labeling system for snus coolers. In a note posted on its website, SM said the Swedish Competition Authority had conducted an investigation regarding a uniform labelling system for snus coolers […]

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Davidoff unveils new Winston Churchill cigar range

Davidoff unveils new Winston Churchill cigar range

| December 10, 2014

A new range of Davidoff Winston Churchill cigars is due to go on sale early next year, according to a press note issued through PR Newswire. In creating the new range, Davidoff said, the aim had been to craft exceptional cigars ‘as uniquely diverse as the man who inspired them’. ‘The Davidoff Masterblenders have embraced […]

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Minister bows to pressure over regulatory changes

Minister bows to pressure over regulatory changes

| December 9, 2014

The Indian government seems likely to defer the introduction of amendments to the Cigarettes and Other Tobacco Products Act, one of which would have prohibited the sale of single cigarettes, according to a story in the latest issue of the BBM Bommidala Group newsletter. Earlier, the Health Ministry had seemed inclined to go ahead with […]

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Korea prepares for price-driven smuggling surge

Korea prepares for price-driven smuggling surge

| December 9, 2014

South Korea’s customs office said Monday that it would crack down on tobacco smuggling ahead of a cigarette price hike that is expected to hit smokers from the start of next year, according to a story in The Korea Herald. The government is set to raise tobacco prices by WON2,000 (US$1.78) per pack, or about […]

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