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Tag: tobacco

Retail Asia21/01/2022
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General

Tobacco giant pursues green growth

7min0
The circular economy model helps production and business activities develop sustainably and creates added value ​​in the community, said a representative of British American Tobacco (BAT). Vietnam has been integrating more and more deeply into the global economy through free trade agreements that include provisions on sustainable development and oblige all parties to comply with […]
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Retail Asia05/06/2018
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Living

WHO wants Vietnam to raise tobacco taxes

3min0
Vietnam should raise its tobacco tax in order to deter and reduce people smoking, the World Health Organisation has advised. WHO head Kidong Park said at a recent meeting held by the Health Ministry in Hanoi that Vietnam was among the top 15 countries in the world with the lowest tobacco prices. He said Vietnam’s […]
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Retail Asia07/03/2018
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Living

State tobacco to suffer first time loss in history

3min
Thailand Tobacco Monopoly (TTM) says it is expected to suffer it’s first time loss in history of a tremendous amount of 5 billion baht this year from the government’s recent excise tax increase. TTM managing director Daonoi Suthinipaphan said the expected huge loss stemmed from the new excise tax law which became effective on September […]
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Retail Asia27/12/2017
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Living

Thailand Tobacco cries foul on excises

5min
The overhaul in the excises, implemented in September, had put Thailand Tobacco at disadvantage, as its tax burden had risen disproportionately to that of the foreign producers, Daonoi Suttiniphapunt, Tobacco Monopoly’s managing director, told a press conference yesterday. She said the company had to increase its product prices while the big importers had even lowered […]
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Retail Asia08/01/2017
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Living

Myanmar needs to stub out growing tobacco usage

6min
Myanmar is experiencing tremendous economic growth. With a young, growing population and a liberalised economy, it has been slated as one of 20 ‘markets of the future’ that will offer the most opportunities for consumer goods companies. Tobacco has been identified as one of Myanmar’s top 20 key industries. Its market size is worth an […]
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Retail Asia14/11/2016
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Living

Indonesia antsy over WTO’s expected tobacco ruling in 2017

4min0
The Indonesian government and tobacco farmers are waiting anxiously for the result of a dispute settlement against Australia’s plain tobacco packaging policy that they expect will come out in 2017, more than three years after the government submitted a request for consultations with the World Trade Organization (WTO). The Trade Ministry’s director general for foreign […]
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Retail Asia01/10/2016
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Living

Government raises excise taxes on tobacco

5min0
The government of Indonesia has raised the excise tax tariffs on tobacco. The Finance Ministers Regulation, No.147/PMK.010/2016, was issued in this respect. In the new policy, the highest tobacco excise duty hike of 13.46 percent was for machine-made white cigarettes (SPM) and 0 percent for category IIIB hand-rolled clove flavored cigarettes (SKT). The average increase was […]
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Retail Asia01/10/2016
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General

Indonesia Sees Decline in Number of Cigarette Factories

2min0
The Director General of Customs and Excise for the Finance Ministry, Heru Pambudi said the number of cigarette factories in Indonesia continues to fall significantly over the past years. There were 4,669 cigarette factories in 2007, which had fell to 754 by 2016 According to Heru, the better tobacco control measures taken by the Directorate General of […]
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Retail Asia22/06/2016
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Living

Foreign Investment into Tobacco Industry Banned in China

4min
The Ministry of Industry and Information Technology (MIIT) has recently issued regulations regarding retail of tobacco products in China. The new regulations stipulate that foreign invested commercial enterprises or individual business households are not permitted to engage in tobacco wholesale or retail business, nor engage in trading of tobacco monopoly products in alternative forms such […]
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Retail Asia10/01/2016
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General

Korean tobacco group fights ‘duty free threat’

3min
Several media organisations in South Korea and beyond have reported criticism from the 100,000-strong ‘I Love Smoking’ online pro-smoking group towards ‘alleged’ plans by the South Korean government to halt sales of duty free cigarettes at Jeju International Airport’s shops. The pro-smoking group has told local media that if duty free cigarettes at Jeju are […]
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Retail Asia05/06/2015
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General

Tobacco producers refute Sicpa taking credit score for fall in unlawful cigarettes

5min
The Confederation of Malaysian Tobacco Producers (CMTM) at this time refuted strategies that safety marking provider Sicpa had contributed to the most important drop within the historical past of unlawful cigarettes in Malaysia. Sicpa is a Swiss-based safety ink, authentication traceability options supplier, which operates in Malaysia via Sicpa Product Safety Sdn Bhd. The corporate […]
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