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Tobacco taxes to rise 11 percent in Indonesia

Tobacco taxes to rise 11 percent in Indonesia

| November 11, 2015

The Indonesian government has announced an average increase in tobacco excise taxes of 11.19 percent, which will take effect on Jan. 1, 2016. “The highest tax increase of 12.96 to 16.47 percent will be applicable to machine-rolled cigarettes, and the lowest increase of 0 to 12 percent will apply to hand-rolled cigarettes,” said the Finance […]

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Andhra grower prices down by 20 percent

Andhra grower prices down by 20 percent

| November 11, 2015

The average price paid this year to flue-cured tobacco growers in Andhra Pradesh, India, was about 20 percent down on that paid last year, according to a story in the latest issue of the BBM Bommidala Group newsletter. This year, 190 million kg of flue-cured was sold over Andhra’s auction floors for an average price […]

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Japanese growers to miss out on profit sharing

Japanese growers to miss out on profit sharing

| November 11, 2015

The average leaf tobacco (all types) grower price for Japan’s 2016 harvest has been set at a lower level than that of 2015 despite the sole buyer’s having announced a week ago that its profits were up. Japan Tobacco Inc. said yesterday that the Leaf Tobacco Deliberative Council (LTDC), chaired by Yoshio Kobayashi, had released […]

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FDA deeming regs ‘embarrassment to public health’

FDA deeming regs ‘embarrassment to public health’

| November 10, 2015

A US public health expert has issued a robust and detailed criticism of the information publicly available about the Food and Drug Administration’s proposed deeming regulations, as they apply to electronic cigarettes. In his Rest of the Story blog, Dr. Michael Siegel, who is a professor in the Department of Community Health Sciences, Boston University […]

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22nd Century settles litigation with former CEO

22nd Century settles litigation with former CEO

| November 9, 2015

22nd Century Group, a leader in tobacco harm reduction, announced Nov. 9 that the company and its former CEO and founder, Joseph Pandolfino, have settled all litigation and disputes between the parties. “As the founder of 22nd Century and as a major stockholder, Joe’s interests are closely aligned with those of other shareholders,” Henry Sicignano […]

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Buyers in Malawi told to ‘stop growing tobacco’

Buyers in Malawi told to ‘stop growing tobacco’

| November 9, 2015

AHL Group of Companies, Malawi’s sole tobacco and other commodities dealing company, has asked the Ministry of Agriculture and Food Security to consider reversing its decision to allow tobacco multinationals to grow tobacco, according to Malawi24. AHL Group says the policy is hurting ordinary tobacco farmers. AHL Group’s general manager, Moses Yakobe, has urged the […]

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