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Vietnam: Tobacco Firms Rue Weak Anti-smuggling Campaign

The domestic tobacco industry hopes that the Government can be more effective in fighting an impending surge in smuggling that causes losses amounting to trillions of dong to the State Budget. A report in the Cong Thuong (Industry and Trade) Newspaper last week quoted Pham Kien Nghiep, the General Secretary of the Viet Nam Tobacco…Continue Reading…

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Imperial Tobacco Sets Price Range for Logista I.P.O.

The Imperial Tobacco Group of Britain said on Thursday that the initial public offering of its Compañía de Distribución Integral Logista Holdings unit could value the company at 1.86 billion euros, or about $2.53 billion. The offering will return Logista, based in Madrid, to the public markets about six year after Imperial Tobacco acquired full…Continue Reading…

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Zimbabwe’s Tobacco Farmers Hit Gold

Zimbabwe’s tobacco farming is on a rebound, with the sector set to produce more than 200 million kg, a third more than it did the previous year. European countries have been snapping up Zimbabwe’s tobacco, notably Belgium, which bought more than 8.4 million kg of the golden leaf worth $36.6 million. Latest statistics from the…Continue Reading…

Tobacco Rep Asks Vietnam to Curb Smuggling Before Raising Taxes

Tobacco Rep Asks Vietnam to Curb Smuggling Before Raising Taxes

The Vietnam Tobacco Association (VTA) has asked the government to delay raising the excise tax on tobacco until smuggling is “considerably” reduced, news website VnEconomy reported on Wednesday. The association made its recommendation after both the Ministry of Finance and the Ministry of Health proposed increasing the tobacco tax to 105 percent of the per-pack…Continue Reading…

India: Tobacco Products May Attract Higher Taxes in Budget

India: Tobacco Products May Attract Higher Taxes in Budget

Tobacco products are likely to attract higher taxes and stricter regulation in the coming Budget for 2014-15. The health ministry has proposed a substantial tax hike of Rs 3.5 per stick on cigarettes of all sizes and removal of tax exemption given to several bidi manufacturers. “Specifically, I propose to reform tobacco taxes in the 2014…Continue Reading…

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Reynolds Has Weighed Lorillard Purchase Amid On-and-Off Talks

Camel cigarettes Packs of Reynolds American Inc. Camel cigarettes sit on display in a store in Garner, North Carolina.   Reynolds American Inc. (RAI), the maker of Camel cigarettes, has explored the purchase of Lorillard Inc. (LO) for several months and found its efforts so far stymied by the complexity of a potential agreement, people…Continue Reading…

Our View: Schools know, tobacco-free the way to go

The leadership at Louisiana College, LSU of Alexandria, Central Louisiana Technical Community College, as well as more than 20 other institutions of higher learning across the state, should be commended for developing a campus-wide, tobacco-free policy that is already in place, or will be by August 1. With the passage of Act 211 last year,…Continue Reading…

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US: Georgia Tobacco Heats up, Sucker Control Options

Much of the Georgia tobacco crop received some needed rainfall during the last two weeks. This resulted in rapid growth and very tender leaves. Recent temperatures and bright sunshine have combined to cause minor speckling of upper expanding leaves on rapidly growing and tender plants.  Now as much of the crop is again water deficient…Continue Reading…

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E-cigarette Makers Using Twitter to Skirt US Ad Ban

While advertising for conventional cigarettes has long been prohibited in the US, e-cigarettes are being routinely advertised in social media including Twitter, finds a new study. Researchers from the University of Illinois said e-cigarettes are commonly advertised on Twitter and the tweets often link to commercial websites promoting e-cigarette use. “There is this whole wild…Continue Reading…

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Tobacco Giant Davidoff Opens Art Residencies in the Caribbean

        Swiss cigar maker Davidoff has announced the launch of an art residency program in the Dominican Republic, overseen by the company’s philanthropic arm, Davidoff Art Initiative. Starting January 2015, five yet-to-be-revealed international artists will get to spend 10 weeks in new facilities at Altos de Chavón School of Design in La…Continue Reading…