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Mighty rise in tax receipts

Mighty rise in tax receipts

| November 9, 2017

The Philippines’ Department of Finance says that it expects JTI Philippines to pay about P2 billion more a month in taxes than was paid by the company it took over, Mighty Corporation.

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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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FDA calls iQOS meeting

FDA calls iQOS meeting

| November 9, 2017

Deadlines have been set for presentations to the US Food and Drug Administration’s committee meeting that will discuss Philip Morris’ modified risk tobacco product applications.

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Nicotine a ‘fascinating drug’

Nicotine a ‘fascinating drug’

| November 8, 2017

Researchers in the US believe that nicotine, administered through a patch, has the potential to provide an inexpensive treatment for Mild Cognitive Impairment.

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KT&G launches HNB device

KT&G launches HNB device

| November 8, 2017

With the obvious exception of PloomTECH, it seems to be de rigueur for the names of HNB devices to start with a lower-case letter.

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Health as a broader church

Health as a broader church

| November 8, 2017

It is an old, vexed question: should people be encouraged or forced, in their own best interests, to change their habits – given that it can be identified what are their own best interests.

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Universal’s volume sales up

Universal’s volume sales up

| November 8, 2017

Burley production was down in Africa partly due to the ‘low grower prices’ paid during the previous season when there was ‘excess production’.

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PMI to webcast presentation

PMI to webcast presentation

| November 8, 2017

Philip Morris International’s CFO, Jacek Olczak, will be joined by the president of the company’s Asia region, Martin King, at the Morgan Stanley Global Consumer & Retail Conference.

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Volumes down at Imperial

Volumes down at Imperial

| November 7, 2017

Although its tobacco-product volumes were down by 4.1 percent during its full-year to the end of September, Imperial can take heart from the fact that industry volumes were down by 4.4 percent.

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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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Packaging challenge fails

Packaging challenge fails

| November 7, 2017

Court challenges by tobacco manufacturers to the imposition of regulations requiring that tobacco products are sold in packs of standardized design generally have not been successful.

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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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Best Malawi season for JTI

Best Malawi season for JTI

| November 3, 2017

All of JTI Leaf Malawi’s tobacco growers have been able to pay off their financing loans taken out in support of the 2016-17 production season. 

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Trials on track for 2018

Trials on track for 2018

| November 3, 2017

Swiss rail is to run a comparative experiment by introducing trial tobacco-smoking bans on some stations, smoking zones on one station, and smoking lounges on another. 

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PMI issues scientific update

PMI issues scientific update

| November 3, 2017

There seems to be mounting scientific evidence that using heat-not-burn devices offers a less risky experience than does cigarette smoking.

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Imperial buys Nerudia

Imperial buys Nerudia

| November 2, 2017

Imperial Brands has acquired Nerudia, reports Bloomberg, quoting “people familiar with the matter.”

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