22 Aug 2017.
Japan Tobacco (JT) agreed to purchase the tobacco business of Mighty Corporation for PHP 46.8 billion (EUR 772 million) to further its strategy of regional expansion, the company said.
» read more
INDONESIA
Star Tobacco creates VP Indonesia position
22 Aug 2017.
Star Tobacco International (STI) has promoted Director Group Finance, Mehmet Ayyildiz, to the newly created position of Vice President Indonesian Region effective 1 September, the company said in a press release.
» read more
UNITED STATES
Anti-smoking group calls for BAT fraud probe
21 Aug 2017.
British American Tobacco (BAT) faced a new call for an investigation into its African business practises, this one from an anti-smoking group that asked US authorities to probe money-laundering allegations.
» read more
KOREA
National Assembly may raise duty on tobacco heat sticks
21 Aug 2017.
Three proposals to hike the tax on tobacco heat sticks are before the National Assembly and may result in a substantial increase to achieve parity with combustible cigarettes, the Korea Herald said.
» read more
INDIA
PMI put on notice for possible violations
18 Aug 2017.
The Health Ministry told Philip Morris International (PMI) the cigarette maker faces possible penalties for alleged violations of marketing restrictions placed on tobacco products, Reuters reported.
» read more
UNITED KINGDOM
Scotland RPS head calls for vaping evidence review
17 Aug 2017.
Alex MacKinnon, the director of the Royal Pharmaceutical Society (RPS) Scotland, called for a review of the evidence on the impact of vaping and better quality control, the Pharmaceutical Journal reported.
» read more
UNITED STATES
New chief at Vapor Group
16 Aug 2017.
Yaniv Nahon has replaced Vapor Group’s Dror Svorai, who resigned as president/chief executive officer and sold his stock in the company to SF Holdings, the company said.
» read more
AUSTRALIA
Number of smokers rises, despite plain-packs and tax
16 Aug 2017.
A nearly unchanged smoking rate in a growing population has increased the number of smokers despite some of the world’s stiffest cigarette duties and packaging restrictions, The Australian reported.
» read more
JAPAN
Heat-not-burn to cut into tobacco tax take
14 Aug 2017.
The growing number of smokers switching to heat-not-burn products should reduce tobacco tax revenue by at least JPY 50 billion (EUR 387 million) this year, which is expected to prompt the government to hike duty on the new generation devices, the Japan Times reported.
» read more
ZIMBABWE
Board changes at BAT Zimbabwe
12 Aug 2017.
British American Tobacco Zimbabwe said Angela Mashanyare resigned as BAT non-executive director effective 25 July and announced three appointments to the Board.
» read more
