News
Malaysia Vape Industry Blindsided by Proposed Regulations
According to deputy health minister Datuk Lukanisman Awang Sauni, the government plans to treat vapes like conventional tobacco... Read more
Brookline’s Generational Ban Upheld
The Massachusetts Supreme Judicial Court (SJC) ruled in favor of a town bylaw in Brookline that bans the sale of tobacco to anyone born after January 1, 2000... Read more
Positive Outlook after BAT Sells ITC Shares
British American Tobacco Plc., via its affiliate Tobacco Manufacturers (India) Ltd, sold 436.9 million shares in Indian tobacco giant ITC Limited... Read more
KT&G C.E.O. Nominee Facing Shareholder Opposition
KT&G’s largest shareholder expressed its opposition to the company’s c.e.o. nominee, citing concerns over declining profitability... Read more
Australia Hires Anti-Vape Influencers
Australia’s government launched a new campaign targeting young people aged 14-20 to combat youth vaping. Read more
Over 30% Tax Hike for Hong Kong
The tobacco tax in Hong Kong increased by nearly 32% as the government aims to provide additional motivation for smokers to quit. Read more
Malaysia’s Illicit Trade Lowest Since 2020
In 2023, the prevalence of illicit cigarettes in Malaysia decreased to 55.6%, reaching its lowest point since peaking at a record high of 63.8% in 2020. Read more
New Zealand Repeals Tobacco Sales Ban
The New Zealand Parliament commenced the first reading of the Smokefree Environments and Regulated Products Amendment Bill... Read more
Australia Youth Vaping Jumps to 30%
Data from the 2022/23 Australian Secondary Students’ Alcohol and Drug survey found that vaping among Australia’s youth jumped from 13% in 2014 and 14% in 2017 to 30% Read more
IQOS Overtakes Marlboro in Revenue
Philip Morris International (PMI) revealed its IQOS products outperformed its Marlboro cigarettes in net revenue... Read more
KT&G Reports Record-High Revenue
KT&G posted revenue of KRW1.451 trillion (US$1.01 billion) and operating profit of KRW198.6 billion (US$149.2 million) in the fourth-quarter. Read more
BAT Shares Jump on ITC Stake Sale
British American Tobacco (BAT) saw its share price rise by over 7% after announcing it was “actively working” to sell some of its shares in ITC Ltd. ITC share prices dropped 4%. Read more