Archive - February 2023

SWITZERLAND
PMI releases results for Q4 and full year

Philip Morris International Inc. (PMI) has released its fourth quarter and full-year results for 2022 also providing figures excluding the company’s...

SPAIN
Programme for EVO NXT finalised

The very first EVO NXT Business Festival will be held at the Palacio de Ferias y Congresos de Málaga (FYCMA) in Málaga, Spain, on 10 and 11 March and boasts...

HONG KONG
First CBD arrest after criminalisation

A man in Hong Kong could be facing years in jail after customs opened a parcel containing CBD oil which is now ranked alongside drugs such as heroin and...

UNITED STATES
FDA pushes back review deadline for PMTAs

The Food and Drug Administration (FDA) has pushed back the deadline for reviewing premarket tobacco product applications (PMTAs) until the end of 2023, reports...

JAPAN
Tobacco now sold at self-checkout

Convenience stores in Japan are now allowed to sell tobacco and alcohol through self-checkout by having customers scanning their ID or government-issued My...

GERMANY
Cigarette sales at a “historic low”

Cigarette sales in Germany fell by eight per cent last year. The tobacco industry calls it a "historic low", reports ZDF.

Cigarette sales in Germany have...

CANADA
Quebec raises tax on tobacco products

For the first time since 2014, Quebec is announcing an increase in the tax on tobacco products, reports CTV.

According to a bulletin from the Ministry of...

UNITED KINGDOM
Andrew Gilchrist joins Imperial’s Board

Imperial Brands PLC has announced that Andrew Gilchrist will join the Board as a Non-Executive Director, with effect from 1 March 2023.

Gilchrist, who was...

UNITED STATES
US adults support banning tobacco products

A new study led by the US Centers for Disease Control and Prevention (CDC) has shown that most adults in the US would be behind banning the sale of all tobacco...

SINGAPORE
Essentra Filters rebrands as Filtrona

Following the announcement about a change of ownership, the former filters and tapes businesses of Essentra plc will now begin the process of rebranding as...

INDIA
Custom duty on cigarettes increased

In its latest budget, the government has increased custom duty on cigarettes by 16 per cent with shares of cigarette companies sinking after the announcement...

SOUTH KOREA
KT&G refuses ginseng unit spin-off

KT&G unveiled a medium-term business plan to boost its investment and sales in an apparent bid to fend off a campaign by a Singapore-based activist fund...

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