Depending on the season and on who you ask, tobacco accounts for between 40 and 70 percent of Malawi’s export earnings.
In a good season, the golden leaf generates a relative level of wealth in the countryside and earns the nation much-needed foreign currency to import the products and services it cannot produce at home.
In a bad season, there will be poverty in the villages.
Read our special report to learn how Malawi is diversifying to make its economy more resilient and prepare for a future with less tobacco.
Former FDA Head Accuses Administration of Favoring Vape Industry
Makary said pressure to authorize fruit-flavored vape products contributed to his conflict with the administration before his resignation in May 2026.
PMI to Invest $71M in Philippine Smoke-Free Expansion
PMI said the investment will increase domestic production and export capacity, positioning the Philippines as a regional manufacturing and supply-chain hub.
Ispire Revenue Falls 9.3% in Fiscal Q1
The company is expanding manufacturing in Malaysia and pursuing new OEM and ODM relationships, including a potential deal with a Southeast Asian brand.
Pyxus Launches Debt Restructuring Exchange Offer
The offer, which expires Dec. 10, is part of a broader restructuring agreement with creditors holding significant portions of the company’s existing debt.
N.J. Advances Bill Increasing Retailer Penalties for Underage Sales
The bill would raise fines to $750 for a first offense, $1,500 for a second offense, and $3,000 for subsequent violations.
JT Shares Hit Daily Limit Again After Russia Takeover
Russia accounts for about 25% of Japan Tobacco’s adjusted operating profit and 10% of revenue.
J.P. Morgan Resumes Coverage of Tobacco Companies
J.P. Morgan resumed coverage of BAT, PMI, and Imperial Brands, citing growth opportunities in the global tobacco and nicotine market.
Armenia Tobacco Firm Exampted from Duties
DrimCompany has pledged to invest nearly $25 million and create 100 jobs.
