Effective 1 September, British American Tobacco (BAT) raised the price of its 20-stick Dunhill cigarette packs by MYR 0.80 (EUR 0.16) to MYR 9.00.
A packet of 14 sticks now costs MYR 6.50, up from MYR 5.90.
"British American Tobacco Malaysia has revised its cigarette prices as a result of the significant 20-per-cent excise increase,” the company announced in a statement. "We also take into consideration the consequent impact of sales tax, trade margins and the higher than normal inflationary impacts on our own cost base, as global tobacco, paper and fuel costs have all increased by double-digit amounts."
The Malaysian government had previously proposed that the excise duty on cigarettes be increased by MYR 0.03 per stick to MYR 0.18, effectively increasing the price of a 20-stick pack by MYR 0.60. This latest increase brought the total excise increase on cigarettes to 380 per cent over the last five years. (pi)