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UNITED STATES

ACS backs switch to e-cigs

20 Feb 2018. The American Cancer Society (ACS) has released a position statement on e-cigarettes in which the organisation encourages smokers unwilling to quit smoking to switch to e-cigarettes from conventional cigarettes.
» read more

SINGAPORE

Tobacco excise duty increase

19 Feb 2018. There has been a 10 per cent increase in excise duty on all tobacco products in Singapore, Channel NewsAsia reported.
» read more

KENYA

BAT calls for stable taxes

19 Feb 2018. Days after announcing a 21.2 per cent drop in its net profit, BAT Kenya has called for a more “stable” tax environment, according to a story in Business Daily.
» read more

KOREA

Cigarette sales down 3.8 per cent

15 Feb 2018. Data compiled by the finance ministry showed a near 4 per cent drop in cigarette sales over 2017, Yonhap news agency reported.
» read more

SWEDEN

Sales increase at Swedish Match

14 Feb 2018. Sales at Swedish Match increased by 2 per cent in the fourth quarter and by 4 per cent for the full year, compared to the corresponding periods in 2016, the company said in its full year report.
» read more

CANADA

Government shops for low nicotine cigarettes

14 Feb 2018. Federal government agency Health Canada has issued a tender notice to suppliers for the purchase of one million ‘very low-nicotine’ (VLN) cigarettes as part of its tobacco control strategy, CBC news reported.
» read more

UNITED STATES

Kroner to succeed Moore as Universal CFO

12 Feb 2018. Richmond-based leaf merchant Universal Corporation said its Board of Directors has named Johan C. Kroner to succeed David C. Moore as its Chief Financial Officer, effective 1 September.
» read more

Universal reports dip in income

12 Feb 2018. Leaf merchant Universal Corporation saw a drop in operating income for the 9 months ended 31 December 2017 and third-quarter results were also down, the company said as it announced nine-month results for fiscal year 2018.
» read more

PMI’s net revenues rise

09 Feb 2018. Philip Morris International Inc. (PMI) has just released fourth-quarter and 2017 full-year results which show that its net revenues have increased by 4.2 per cent, according to PMI’s press release.
» read more

PHILIPPINES

Fake factory shuttered

09 Feb 2018. Police and licensing officials raided and shuttered a Bulacan cigarette factory churning out counterfeit Philip Morris and Mighty cigarettes, Inquirer Business reported.
» read more

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