Tag: TTM

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Tax hike hits TTM sales

Tax hike hits TTM sales

| September 21, 2012

Cigarette sales of the Thailand Tobacco Monopoly (TTM) have declined significantly as Thai smokers started rolling more of their own cigarettes in the wake of last month’s tax hike, reports The Bangkok Post. The state-owned tobacco manufacturer expects sales will gradually improve and return to normal in the coming months. Managing Director Torsak Chotimongkol said […]

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