Archive - December 2013

UNITED STATES
MSA money not spent on prevention, study shows

Only 2.3 per cent of nearly USD 391 billion (EUR 285 billion) in Master Settlement Agreement (MSA) payments by cigarette makers and tobacco taxes was spent on...

UNITED STATES
Health groups appeal to USTR on tobacco

A letter to US Trade Representative Michael Froman from 32 public health organizations demands removal of tobacco products from Trans-Pacific Partnership...

EUROPEAN UNION
TPD talks may conclude by year’s end

Talks to reconcile differences in proposals on tobacco-product regulation in the European Union are progressing and may conclude this year, said a Brussels...

RUSSIA
PMI invests USD 750 mln in Russia

Philip Morris International (PMI) took a 20 per cent stake in Megapolis Distribution of Russia for USD 750 million (EUR 553 million) to support expansion, the...

TURKEY
Management changes at Star Tobacco

Star Tobacco International named Christopher Maan commercial director for sales, Akin Akdogan director for tobacco monopolies/logistics, and Baldev Mistry as...

UNITED STATES
Zoom e-cigarette launch in January

Zoom E-Cigs will launch its first product in January, a non-rechargeable e-cigarette line to be distributed nationwide by Ligget Vector Brands, the company...

UNITED STATES
LOGIC e-cigarettes to expand in Europe

LOGIC Technology, which calls itself the number two e-cigarette company in the US, said it will boost its European presence by adding 10,000 stores in the UK...

PHILIPPINES
PMI sales plummet after 'sin tax' hike

Philip Morris International (PMI) sales volume fell 21 per cent and market share by nearly 14 percentage points in the first nine months of 2013 due to higher...

AUSTRALIA
Quadruple-punch tax hikes begin

Excise tax on a pack of cigarettes rose 12.5 per cent from 1 Dec under the first of four annual tobacco-tax hikes expected to raise the average pack price to...

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