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UAE plans introduction of new federal taxes

UAE plans introduction of new federal taxes

| August 17, 2015

The government of the United Arab Emirates has drawn up plans to introduce federal value-added tax (VAT) and corporation tax, according to a story in The National citing its Arabic-language sister paper, Al Ittihad. This would make the UAE the first country in the Arabian Gulf to introduce such a tax on consumption. Under the […]

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JT’s domestic volume down in July

JT’s domestic volume down in July

| August 17, 2015

Japan Tobacco Inc’s domestic cigarette sales volume during July, at 9.8 billion, was down by 2.7 percent on that of July 2014, 10.0 billion, according to preliminary figures issued by the company on Friday. The July 2014 figure was down by 4.4 percent on that of July 2013. Volume during January-July, at 62.8 billion, was […]

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Imperial providing clean water for 2,400 in Chad

Imperial providing clean water for 2,400 in Chad

| August 17, 2015

Imperial Tobacco’s Altadis Foundation has signed an agreement with Imperial’s subsidiary in Chad, Manufacture de Cigarettes du Tchad (MCT) to provide clean drinking water for rural communities. In collaboration with MCT, the foundation is funding the construction of wells that will bring clean water to about 2,400 people in the rural communities of Aboudeïa, Ham […]

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Decline of Basmi production

Decline of Basmi production

| August 13, 2015

Bulgaria’s National Association of Tobacco Producers expects the output of Basmi tobacco to decline by about 3,000 metric tons to 10,000 mt in the 2015 season due to a reduction in acreage and a dry summer in the main cultivating areas of southern Bulgaria.

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Health group views e-cig as cessation tool

Health group views e-cig as cessation tool

| August 13, 2015

The Royal Society for Public Health (RSPH) has urged health chiefs across the U.K. to encourage smokers who have enrolled in the National Health Service’s stop-smoking services to use e-cigarettes as smoking-cessation devices, reports The Guardian. It also argued for new “exclusion zones” outside schools, bars, pubs and parks, where smoking, but not vaping, should […]

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Tobacco remains viable business

Tobacco remains viable business

| August 12, 2015

Despite the declining smoking rate in the U.S. and pressure from regulatory authorities, tobacco companies still have “tools” to ensure steady revenue and continue rewarding shareholders, according to stock analysis provider Trefis. Writing in Forbes, Trefis points out that smoking rates are still growing in many developing countries and that major companies are turning to […]

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