Archive - August 2006

AZERBAIJAN
Excise tax rates to be increased

The Azerbaijani ministry of finance suggests raising excise tax rates for imported alcohol and tobacco products in 2007, reports the national news agency...

CHILE
Smoking ban in public places begins today

As of today Chile joins the public smoking ban debate with strict measures regulating smoking and non-smoking areas in restaurants, pubs, shopping malls...

SOUTH KOREA
KT&G unveils plan to boost share value

South Korean cigarette manufacturer KT&G, under pressure from activist shareholders like US billionaire Carl Icahn, unveiled an ambitious plan on 9 August 2006...

EUROPEAN UNION
Employers may reject smokers

The EU commission states that employers, who do not want to employ smokers, may openly say so when advertising a vacancy.

FRANCE/SPAIN
Altadis appoints new chief financial officer

Pierre-Ándré Térisse has been appointed chief financial officer of the Altadis Group, replacing Michel Favre who will be leaving the company mid September...

INDONESIA
Sampoerna makes up leeway

Indonesia's second-largest tobacco company, PT Handaya Mandala Sampoerna, reported on Tuesday a 21 per cent rise in net profit for the first half of this...

UNITED STATES
UST launches Skoal Dry in two test markets

UST, the largest maker of smokeless tobacco products, hopes this pitch will win over smokers who are looking for ways to get their nicotine fix in bars...

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