Archive - August 2019

UNITED STATES
Altria and PMI in talks to reunite

Altria announced that it is in discussions with Philip Morris International (PMI) regarding a potential all-stock, merger of equals, the company said.

NEW ZEALAND
Illegal tobacco consumption increasing

A recent study conducted by the UK firm KPMG has found that the consumption of illegal tobacco in New Zealand has risen to 10.2 per cent of the market, Voxy...

SAUDI ARABIA
Tobacco imports drop 44 per cent

Tobacco imports in Saudi Arabia have decreased around 44 per cent, with USD 469 million being imported in 2018 compared to USD 837 million in 2017, Saudi...

RUSSIA
Third of Russians smoke cigarettes

A recent study conducted by the Kantar agency has found that a third of all Russians smoke conventional cigarettes and 2 per cent use alternative nicotine...

UNITED STATES
Altria reaches dividend increase milestone

Altria’s Board of Directors (Board) voted to increase Altria’s regular quarterly dividend for the 54th time in the past 50 years, the company said.

ZIMBABWE
Tobacco production to break record

Tobacco deliveries are set to exceed last season’s record breaking delivery of 252 million kilogrammes as deliveries continue at the auction and contract...

BANGLADESH
Government discouraging tobacco investment

The Bangladeshi government have drafted a new policy discouraging foreign investment into the tobacco industry, The Financial Express reported.

UNITED STATES
FDA reveals planned graphic warnings

The US Food and Drug Administration (FDA) has revealed a proposed rule which would require tobacco companies to place graphic health warnings on cigarette...

SOUTH AFRICA
BAT’s takeover of Twisp wins approval

British American Tobacco’s (BAT) proposed takeover of e-cigarette manufacturer Twisp has won approval from South Africa’s Competition Tribunal, Reuters...

SOUTH KOREA
BAT launches hybrid e-cigarette

British American Tobacco (BAT) Korea has launched a new hybrid e-cigarette product to capture a share of the growing "potentially less risk" toxic...

MOLDOVA
Request placed in Moldova

Swiss officials filed an application to Moldovan authorities on behalf of Philip Morris to give the cigarette manufacturer a voice in discussions around new...

THAILAND
Tobacco tax cut planned for farmers

The Thai Finance Ministry plans to propose a one-fourth reduction in tobacco excise tax to ease the burden on farmers after the previous government raised the...

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