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Cambodia moves closer to 2003 tobacco control law

| April 10, 2015

Cambodia’s National Assembly on Wednesday unanimously passed a draft law on tobacco control that, among other provisions, will require manufacturers to include on cigarette packs graphic warnings occupying at least 50 percent of the surface area.

According to a story in The Phnom Penh Post, the draft law still has to be passed by the Senate and signed off by King Norodom Sihamoni.

Once enacted, the law would ban tobacco product sales to those under 18 years of age and to pregnant women.

It would outlaw sales at education facilities, sport clubs, children’s parks, religious and historical sites, museums and gas stations.

And it would expand restrictions on tobacco product advertising, promotion and sponsorship.

The law was first drafted in 2003.

In a separate move, the government has said also that it will begin subsidising farmers to stop growing tobacco and switch to other crops.

Ireland’s plain packaging hearing to start April 13

| April 10, 2015

The Commercial Court in Ireland is due on April 13 to begin hearing arguments in JTI Ireland’s lawsuit against the State, Attorney General Máire Whelan and Health Minister Leo Varadkar, seeking to halt the implementation of the country’s standardized tobacco packaging law.

As things stand, the law is scheduled to take effect in 2017, according to a story in the Irish Independent relayed by the TMA.

JTI Ireland is expected to argue that the state has no right to enact the legislation, which it says supersedes the provisions of the EU Tobacco Products Directive.

JT’s domestic cigarette sales volume down in March

| April 10, 2015

Japan Tobacco’s (JT) domestic cigarette sales volume during March, at 8.9 billion, was down by 29.3 percent on that of March 2014, 12.7 billion, according to preliminary figures issued by the company today. The March 2014 figure was up by 30.1 percent on that of March 2013.

Volume during January-March, at 25.5 billion, was down by 16.2 percent on that of January-March 2014, 30.4 billion, which was increased by 13.2 percent on that of January-March 2013.

JT’s market share stood at 59.8 percent during March, up from 59.5 percent during January. It was 59.9 percent during January-March, and 60.4 percent during January-December 2014.

JT’s domestic cigarette revenue during March, at ¥50.7 billion, was down by 26.8 percent from its March 2014 level, ¥69.3 billion, which was increased by 29.6 percent on its revenue of March 2013.

Revenue during January-March, at ¥144.2 billion, was down by 13.5 percent on that of January-March 2014, ¥166.6 billion, which was increased by 12.9 percent on its revenue of January-March 2013.

GFN poster submission deadline extended

| April 10, 2015

The deadline for the submission of posters to be displayed at this year’s Global Forum on Nicotine has been extended until April 15.

The Forum is due to be held at the Marriott Hotel in Warsaw, Poland, on June 5 and 6, though an awards ceremony is scheduled to take place during the Forum’s Pre-conference Vape Meet and Party, which will be held in the Marriott Complex’s Wook Restaurant, starting at 19.30 on June 4.

The program, which the organizers say is nearly complete, is available at: http://gfn.net.co/2015-programme.

Imperial helps get Madagascar business on the move

| April 10, 2015

SACIMEM, Imperial Tobacco’s subsidiary in Madagascar, has helped renovate the airport at Antsirabe in an effort aimed at boosting the local economy.

‘Antsirabe is the third largest city in the country but its local airport has been neglected and only private planes have been using it, Imperial said in a note posted on its website.

‘Local companies, including SACIMEM, worked in partnership with the State Civil Aviation Authority to open Antsirabe’s airport to the outside world.

‘The renovation programme, which was 60 per cent funded by the private sector, has enabled Antsirabe to establish important commercial links with Antananarivo and Fianarantsoa.’

PMI to host first-quarter results webcast

| April 10, 2015

Philip Morris International Inc. is due to host a live audio webcast at www.pmi.com/webcasts starting at 09.00 Eastern Time on April 16 to discuss its 2015 first-quarter results, which will be issued about 07:00 the same day.

During the webcast, which will be in listen-only mode, CFO Jacek Olczak will discuss PMI’s results and answer questions from the investment community and news media.

The audio webcast will be available also on iOS or Android devices by downloading PMI’s free Investor Relations Mobile Application at www.pmi.com/irapp.

An archived copy of the webcast will be available at www.pmi.com/webcasts until 17.00 on May 15.

Slides and script will be available at www.pmi.com/earnings.

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