Breaking News

PM Thailand tax-evasion charges head for court

PM Thailand tax-evasion charges head for court

| January 20, 2016

Thailand’s Office of the Attorney-General (OAG) has filed in the criminal court a multi-billion-baht tax evasion lawsuit against Philip Morris Thailand (PMTL), according to a story by King-Oua Laohong for the Bangkok Post. PMTL’s management says that the lawsuit is ‘without merit and unjust’. The indictment was issued on Monday by the OAG against PMTL […]

Read More

KT&G’s overseas sales overtake domestic sales

KT&G’s overseas sales overtake domestic sales

| January 19, 2016

KT&G’s overseas cigarette sales surpassed its domestic sales for the first time last year, The Korea Herald has reported. According to the company’s annual sales report for 2015, it sold 46.5 billion cigarettes outside Korea, including those manufactured in Korea for export and those produced by its overseas units. Its domestic sales stood at 40.6 […]

Read More

Farmer registration fall not reflected in area planted

Farmer registration fall not reflected in area planted

| January 19, 2016

The number of farmers who registered to grow tobacco during Zimbabwe’s 2015-16 season declined by 20 percent year-on-year to 70,412, according to a story in the Herald citing figures from the Tobacco Industry and Marketing Board. At the same time, the area planted to tobacco is said to have dropped by four percent to 89,559 […]

Read More

Seoul moves to constrict tobacco smoking further

Seoul moves to constrict tobacco smoking further

| January 19, 2016

Tobacco smoking will be banned outside all subway station exits in Seoul, South Korea, from April, according to a story in The Korea Times citing a statement by Seoul’s metropolitan government. A revision to an ordinance will mean that it will be an offence to smoke within a 10-meter radius of exits and that violators […]

Read More

80th birthday celebration for Solstickan boy

80th birthday celebration for Solstickan boy

| January 19, 2016

Swedish Match is celebrating the 80th birthday of the Solstickan boy, who has been portrayed since 1936 on most match boxes sold in Sweden. ‘For every product sold under the Solstickan brand, a portion of sales goes to The Solstickan Foundation,’ says a note posted on the company’s website. ‘The foundation works for the benefit […]

Read More

Scandinavian Tobacco plans public offering

Scandinavian Tobacco plans public offering

| January 18, 2016

Danish cigar and pipe tobacco manufacturer Scandinavian Tobacco Group (STG) is planning an initial public offering on the Copenhagen Stock Exchange, with its owners intending to sell as much as 40 percent of existing shares on an equal basis, reports Bloomberg. STG is currently owned 49 percent by Swedish Match and 51 percent by the […]

Read More