Category: News This Week

  • Hong Kong to Ban Vapes, Crack Down on All Tobacco 

    Hong Kong to Ban Vapes, Crack Down on All Tobacco 

    Hong Kong is seeking to ban the possession of e-cigarettes and other alternative smoking products in public by the end of April next year, along with other proposed measures to curb smoking in the city. Authorities are proposing to raise the fixed fine for smoking violations from HK$1,500 to HK$3,000 ($195 to $390). The statutory no-smoking areas would also be expanded. These measures were published in the Tobacco Control Legislation (Amendment) Bill 2025 last week.

    The bill, scheduled to be tabled at the Legislative Council April 30, covers eight smoking control measures that require legislative amendments.

    The bill also suggests authorizing the Secretary for Health to expand no-smoking areas based on the conditions of different districts, as well as to establish exemptions. Hong Kong residents will be barred from smoking while queuing for public transport or outside places with high foot traffic, such as sports venues and health centers.

    The sale of flavored traditional smoking products is banned under the proposed law, with the city’s authorities saying that tobacco companies have used flavorings to “disguise the toxicity” of the products and “entice young people to smoke.” The government plans to impose the ban in phases, with the first phase targeting products with specified additives, excluding menthol. A full implementation is expected to take place in the second quarter of 2027. Violators face a maximum fine of HK$50,000 ($6,500) and six months behind bars.

    In a move to crack down on illicit cigarettes, the government is proposing to require importers and local producers to ensure there is a label attached to every pack of taxed cigarettes sold. Selling or supplying any cigarettes that have no label on their packaging is prohibited.

    The bill also includes a prohibition on providing smoking products to individuals under 18, which is set to take effect on January 1 next year. Those who provide traditional smoking products to minors will face a fine of HK$3,000 for small quantities, while the maximum fine for larger quantities will be HK$25,000 ($3,250). Penalties for supplying alternative smoking products to underage individuals are higher, with a fine of up to HK$50,000 and six months’ imprisonment.

  • Philippines Customs Seizes $1.5M in Illicit Cigarettes  

    Philippines Customs Seizes $1.5M in Illicit Cigarettes  

    Authorities in Bocaue, Bulacan, Philippines, seized six truckloads with 717 boxes of assorted branded cigarettes in a warehouse last week, worth P83.7 million ($1.5 million). Philip Morris Philippines Manufacturing and Japan Tobacco International both cited the Bureau of Customs’ “dedication and effectiveness” as well as the leadership of Customs Commissioner Bienvenido Rubio. 

    Owners of the warehouse will be charged for violating the Tax Reform for Acceleration and Inclusion Law if they fail to present documents within 15 days, Rubio said. Charges could also be filed against the owners of the smuggled dried tobacco products for violating the Anti-Agricultural Economic Sabotage Act. 

  • SKE Bar is “Evolution of Classic Product”

    SKE Bar is “Evolution of Classic Product”

    SKE announced the launch of its SKE Bar, the first product unveiled under its refreshed brand identity. While its familiar aesthetic remains, the device is now equipped with a replaceable pod system and rechargeable functionality, which the company says aligns with growing eco-conscious preferences and enhances overall convenience.

    “Retaining the iconic look and beloved flavor profile of the original classic, SKE Bar now debuts in a pre-filled(pod system) and rechargeable format,” the company said in a press release. “This evolution offers a longer-lasting, more sustainable experience—without compromising the essence users have always loved.

    “Powered by the advanced SKE Chip, SKE Bar delivers a consistent 11W output, providing a stable and satisfying performance with every puff. Its 1.2Ω mesh coil ensures even heating, unlocking rich vapor and bold flavor from the very first draw to the last. The 500mAh battery supports all-day use and recharges easily—ensuring every drop of e-liquid is enjoyed to the fullest.”

    SKE Bar offers its 35 classic flavors.

  • Freemax Launches REXA Series

    Freemax Launches REXA Series

    Freemax unveiled its REXA series, which it says features revolutionary “DUOMAX” technology that features a parallel double-mesh structure that eliminates typical coil gaps, ensuring superior stability and even heat distribution.

    “Moreover, it expands the heating area by more than twice, as each mesh in DUOMAX has a larger surface area than the combined mesh of most vertical dual-mesh coils,” the company said in a press release. “This is what makes ‘1+1=3’ a reality—combining one mesh with another in a unique way doesn’t just double the effect, but delivers up to three times the flavor boost and extends coil lifespan by three times, redefining what’s possible in vaping technology.”

    In Freemax lab tests, the REXA POD equipped with DUOMAX technology lasted up to 100mL with freebase e-liquid (50 refills) or 60mL with nicotine salt (30 refills) without experiencing any burnt taste. Beyond durability, DUOMAX ensures 100% flavor compatibility, perfectly tailored for both nicotine salt and freebase e-liquids, regardless of VG/PG ratio or flavor category.

    The REXA Pod lineup is currently available in two configurations: DUOMAX double-mesh pods featuring a slide-to-fill leakproof system, and single-mesh pods with a top-side filling system.

  • Altria Down 5.7% in First Quarter

    Altria Down 5.7% in First Quarter

    Today (April 29), Altria Group, Inc. reported its 2025 first-quarter business results and reaffirmed its guidance for 2025 full-year adjusted diluted earnings per share (EPS).

    “Our highly profitable traditional tobacco businesses performed well in a challenging environment in the first quarter,” said Billy Gifford, Altria’s Chief Executive Officer. “The smokeable products segment delivered solid adjusted operating companies income growth behind the strength of Marlboro. In the oral tobacco products segment, on! maintained momentum in a competitive marketplace as Helix invested strategically behind the brand. And shareholders continued to benefit from strong cash returns through dividends and share repurchases, while we invested in pursuit of our Vision.”

    “We continue to expect to deliver a full-year 2025 adjusted diluted EPS growth rate of 2% to 5% versus 2024. This growth rate represents full-year adjusted diluted EPS in a range of $5.30 to $5.45 from a base of $5.19 in 2024. Our guidance excludes amortization expense associated with definite-lived intangible assets, which was previously included in our adjusted results.”

    Highlights from the report included:

    • Q1 revenue decreased 5.7% to $5.3 billion
    • NJOY U.S. retail share increased 2.4 points to 6.6%
    • Shipments of NJOY ACE were discontinued March 24, per ITC orders
    • Paid $1.7 billion in first-quarter dividends
    • Smokeable domestic shipments decreased 13.7%
    • Net revenues for oral tobacco products increased by 0.5%

    See the full report here.

  • BAT’s Vuse Out of Malaysia by Q3 2025

    BAT’s Vuse Out of Malaysia by Q3 2025

    Today (April 28), British American Tobacco Malaysia Bhd said it will phase out its vapor products from the Malaysian market by the third quarter of 2025 to comply with the new Control of Smoking Products for Public Health Act 2024 (Act 852).

    “In order to comply with the new regulatory requirements for vapor products as set out in Act 852 and its regulations that will take effect on Oct 1, 2025, the company will be transitioning out its current range of Vuse products in the third quarter of 2025,” BAT Malaysia said in a filing.

    The company said the transition will undertake commercial assessments of Vuse products while adhering to the new regulations, with a continued focus on “delivering combustible value growth.” BAT Malaysia expects that the exit will have a minimal impact on its financial performance for the financial year ending Dec 31, 2025. Vuse, the No. 1 global vaping brand by market share, is currently the only vapor product sold by BAT Malaysia.

    Last week, Health Minister Datuk Seri Dr Dzulkefly Ahmad said the government will intensify enforcement and regulation of electronic cigarettes and vape products under Act 852. Act 852, which first came into effect in October of last year, specifically targets individuals under the age of 18, who are prohibited from purchasing or using any smoking products, including e-cigarettes and vape devices, in Malaysia.

    In FY2024, BAT Malaysia’s gross profit margin slipped 1.2 percentage points to 23.4% or RM541 million ($124.4 million), from RM568 million ($130.6 million) in FY2023, largely due to lower margins from vapor products. 

  • PMI CEO Calls for Common-Sense Regulations

    PMI CEO Calls for Common-Sense Regulations

    Jacek Olczak, Chief Executive Officer of Philip Morris International Inc., outlined the need for common-sense regulations in the consumer goods sector while addressing global leaders at Semafor’s annual World Economy Summit in Washington, D.C., on April 25, 2025. Olczak emphasized the sector’s potential for innovation-led growth despite the volatile economic environment. He stressed, however, that without appropriate regulation and policy frameworks to enable scientific evaluation and consumer access, promising breakthroughs—such as innovations in wellness, food, and personal care products—could become missed opportunities.

    “Disparities in nicotine regulation are creating a global divide with profound health and economic impacts,” Olczak said. “Some countries that have prohibited smoke-free products are seeing higher smoking rates persist, while many of those whose policies encourage smokers to make better choices are advancing away from cigarettes more quickly. As a result, we are already starting to see nations where smoking has significantly declined while others unnecessarily continue to experience smoking rates of 20%, 30% or higher.”

    According to PMI, more than 190 million smokers in more than 20 markets—nearly 20% of smokers globally—have no legal access to smoke-free products, while cigarettes—the most harmful way to consume nicotine—are available on the market. This stagnation persists despite the introduction of advertising bans, high excise taxes, plain packaging, and a complete flavor ban on cigarettes.

    “Innovation needs to be accessible and impactful,” Olczak said. “At PMI, we have invested heavily, innovated continually, and transformed our business model to replace cigarettes with better, smoke-free alternatives, which as of Q1 2025 represent 42% of our global net revenues—up from zero a decade ago. It is imperative that countries worldwide adopt policy frameworks that keep pace with these innovations to deliver on the promise of progress.”

  • CAPHRA Urges Malaysia to Reject Vape Bans 

    CAPHRA Urges Malaysia to Reject Vape Bans 

    The Coalition of Asia Pacific Tobacco Harm Reduction Advocates (CAPHRA) today (April 28) urged Malaysian authorities to reject “counterproductive bans” on vaping and adopt risk-proportionate regulations, citing the World Health Organization’s (WHO) persistent neglect of harm reduction strategies as a key driver of preventable smoking-related deaths. 

    The call comes as Malaysia faces pressure to tighten vaping controls under the Control of Smoking Products for Public Health Act 2024 (Act 852), with state-level bans and stricter nicotine limits threatening progress. CAPHRA warns that such measures risk replicating failed prohibitions in Bhutan and South Africa, where bans fuel illicit markets and health risks. 

    “Enforcing stricter controls on high-risk products over safer alternatives is better than outright bans,” Universiti Kebangsaan Malasia professor Dr. Sharifa Ezat Wan Puteh said. “Malaysia must differentiate between combustible cigarettes and harm reduction tools.” 

    CAPHRA criticized the WHO, saying it ignores vaping’s role in smoking cessation. Despite Malaysia’s illicit tobacco trade dominating 55.3% of the market in 2023, WHO projects smoking rates will rise to 30% by 2025, contrasting sharply with Sweden’s 5% rate achieved through harm reduction. 

    “We firmly believe that an outright ban on vape products is counterproductive and could lead to unintended consequences, including the proliferation of black market activities,” Samsul Arrifin Kamal of MOVE Malaysia said. “The solution lies in implementing stricter controls, risk-proportionate regulations, and robust enforcement mechanisms. By establishing clear guidelines for the production, sale, and use of vape products, we can ensure consumer safety.” 

  • Maldives’ Customs Seize 13.6M Cigarettes as Illicit Market Thrives

    Maldives’ Customs Seize 13.6M Cigarettes as Illicit Market Thrives

    Custom officials in the Maldives seized 13.6 million cigarettes at a sea cargo terminal worth MVR 122 million ($7.9 million), officials said. Inspectors found 1,360 cases of cigarettes in two 40-foot containers.

    Under the law, cigarettes must be imported with a warning message label and under a special permit, but these cigarettes lacked both. Customs did not disclose the name of the company attempting to import them.

    Officials believe the illicit cigarette market in the country is thriving. Following a doubling in import duty in the Maldives, reports said detections of Manchesters, a popular smuggled brand in the region, are being made and tax revenues have plunged suddenly.

    “High taxes and revenue losses are also encouraged by international agencies in some countries, though analysts say high taxes and economic controls of all kinds encourage disrespect for the law and corruption,” Economy Next wrote, claiming duties from cigarette imports in Maldives dropped from MVR 100 million ($6.5 million) to MVR 5 million ($325,000). “There have been some anecdotes suggesting that Maldives imports are smuggled to third countries, like Sri Lanka, through what some euphemistically call the ‘muhuda meda market’ (the market in the middle of the sea).”

  • Turning Point Announces Q1 Review

    Turning Point Announces Q1 Review

    Turning Point Brands, Inc. announced that on May 7, it will hold a conference call to review 1st quarter 2025 results at 9:30 a.m. EST. Interested analysts and professional investors can register and participate through one of its call-in numbers:

    (800) 715-9871 (U.S., toll-free)
    (646) 307-1963 (International)
    Event ID: 6640134

    Participants should call at least 10 minutes before the start and follow the audio prompts after typing in the Event ID. The call will also be broadcast live as a listen-only webcast from the investor relations section of the company’s website. The replay of the webcast will be available on the site two hours following the call.