Some 12 percent of cigarettes consumed are illicit, depriving governments of $40.5 billion in annual revenues. Read More
The company’s results were impacted by above-inflation tax hikes and weakening consumer purchasing power in Indonesia. Read More
This market echoes the beginning of the illicit vapor market, warns CEO Gifford.Read More
Stick sales make smoking affordable to vulnerable populations, say critics. Read More
The FDA will continue to share oversight with the Inter-Agency Committee on Tobacco. Read More
Lower net revenues in smokables were partially offset by higher net revenues in the oral tobacco segment.Read More
The Associate Health Minister expects companies to pass the tax cut on to consumers.Read More
Companies raised prices even after the government ditched a planned tax hike.Read More
They plan to jointly prepare a PMTA for KT&G’s new platform products in the U.S.Read More
The regulator has rejected applications of eight firms and asked others for more info. Read More