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PMI to webcast third-quarter results discussion

PMI to webcast third-quarter results discussion

| October 9, 2015

Philip Morris International is due to host a live audio webcast at www.pmi.com/webcasts from 09.00 Eastern Time on October 15 to discuss its 2015 third-quarter results, which will be issued about 07.00 on the same day. During the webcast, which will be in listen-only mode, Jacek Olczak, CFO, will discuss PMI’s results and answer questions […]

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New KT&G president seeks ethical expansion

New KT&G president seeks ethical expansion

| October 8, 2015

KT&G’s new president, Baek Bok-in, vowed during his inauguration yesterday to strengthen transparency and ethical management at South Korea’s biggest tobacco manufacturer, the former South Korean tobacco and ginseng monopoly, according to a story in The Korea Herald. He urged KT&G to leave behind the wrongs of the past. Baek, 50, said he would make […]

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PMI and Universal in Polish processing agreement

PMI and Universal in Polish processing agreement

| October 7, 2015

Universal has reached an agreement whereby it will process the green leaf tobacco bought by Philip Morris in Poland. Universal Corporation said yesterday that its subsidiary, Universal Leaf Tobacco Poland had entered into an agreement with Philip Morris Polska Tobacco (PMP), a subsidiary of Philip Morris International, to process green leaf tobaccos procured by PMP […]

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Health groups welcome tobacco exclusion from trade agreement

Health groups welcome tobacco exclusion from trade agreement

| October 6, 2015

The United States, Japan and 10 other Pacific Rim nations on Oct. 5 reached a final agreement on the Trans-Pacific Partnership (TPP) after eight years of negotiations, and a provision that excludes the tobacco industry from participation in the TTP’s dispute system has been welcomed by advocates of public health. The TPP—which is the largest […]

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JTI calls for transparency on plain-packaging report

JTI calls for transparency on plain-packaging report

| October 6, 2015

The Australian government has not yet published its Post-Implementation Review (PIR) regarding plain-packaging six months after the conclusion of the consultation period. This delay in publishing has raised concerns about the integrity of the report and caused concerns that its authors could be misrepresenting data or omitting evidence in order to ensure the country’s plain-packaging […]

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Tobacco excluded from trade dispute system

Tobacco excluded from trade dispute system

| October 6, 2015

The tobacco industry has been excluded from participation in the Trans-Pacific Partnership’s (TPP) dispute system that allows foreign corporations to challenge governments’ health policies, according to a story in The New York Times relayed by the TMA. After eight years of negotiations, including five days of just-concluded talks in the US, 12 Pacific Rim nations […]

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