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50% less profits predicted

19 Jun 2019. Profits for major US tobacco companies could be cut in half if the Food and Drug Administration (FDA) adopts a “maximum nicotine” rule within the next 15 years, according to analysts at Morgan Stanley, CNBC reported.
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Imports refused

19 Jun 2019. Sri Lanka’s Health Minister, Dr Rajitha Senaratne, said on 17 June he will not allow the import of foreign cigarette into the country, Daily FT reported.
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Chinese tobacco deal approved

18 Jun 2019. The Namibian government has approved a proposal by a Chinese company to produce tobacco on one of Namibia's most fertile pieces of land, despite strong opposition from members of the public, The Namibian reported.
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Online tobacco ads to be banned

17 Jun 2019. Indonesia, the fourth largest cigarette producer in the world, will take action against online tobacco advertising aimed at young smokers, Reuters reported.
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Loss of millions over cigarette contraband

14 Jun 2019. Greece loses EUR 690 million annually in excise tax revenues due to illicit tobacco trade, according to The Stella Report, Kathimerini reported.
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FDA unveils new guidelines for e-cig makers

13 Jun 2019. The US Food and Drug Administration (FDA) finalised its guidance for manufacturers submitting new tobacco product applications through the premarket tobacco product application (PMTA) pathway for electronic nicotine delivery systems (ENDS), according to a press release.
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Cabinet approves flat tax on cigarettes

12 Jun 2019. Pakistan’s cabinet has approved a flat tax on all cigarette packs in order to plug a budget deficit and discourage tobacco consumption, Reuters reported.
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Oman to impose 100% tax on tobacco

11 Jun 2019. The Sultanate of Oman will introduce a 100 per cent tax on tobacco, alcohol, sugary drinks and pork meat from June 15, The National reported.
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Cronos stocks rise

07 Jun 2019. Cronos Group shares rose more than 15 per cent on 5 June after the Canadian cannabis company announced plans to launch cannabidiol (CBD) in the US within the next 6 to 12 months, Business Insider reported.
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Tobacco tax revenues are low

06 Jun 2019. Myanmar earns the lowest tobacco tax revenue in the ASEAN region, Eleven Myanmar reported.
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