IQOS Latest News, Heating Non Combustion Latest News
Romania’s government will raise excise taxes on tobacco and alcohol from August 1 in an effort to increase public revenue, according to reports. The measure will be followed by a 10% tax on sugary drinks starting January 1, 2023. Excise rates on tobacco a
The Financial Express, citing a report by ratings agency Crisil, said cigarette sales in India are expected to reach 93 billion sticks this year due to a stable tax regime and increased mobility as pandemic restrictions ease. Covid-19 lockdowns caused cig
Talking Retail, citing a recent KPMG study commissioned by Philip Morris International, reported that illegal tobacco consumption in the UK rose by more than one-third in 2021. As a result, the number of counterfeit cigarettes purchased in Britain exceede
On June 29, the European Commission proposed banning flavored heated tobacco products. The move is part of Europe’s Beating Cancer Plan, which aims to reduce tobacco use to less than 5 percent of the EU population by 2040. EU Health Commissioner Stella Ky
Pursuant to a definitive agreement dated May 13, 2022, Poda Holdings has completed the sale of nearly all assets and properties used in its business to Altria Client Services for a total purchase price of $100 million, subject to certain adjustments and h
The Wall Street Journal reported that PMI’s exit from Russia has been quite complicated. Following Russia’s special military operation in Ukraine in March, the company has had to navigate constantly changing regulations while also trying to avoid risks th
According to Interfax, the European Union has imposed sanctions on Belarusian tobacco manufacturers Neman Grodno Tobacco Factory and Inter Tobako. The measures were announced in the EU Official Journal as part of a broader package aimed at punishing the w
Kazinform, citing Minister of National Economy Alibek Kuantyrov, reported that Kazakhstan will raise excise taxes on cigarettes and heated tobacco products next year. Speaking at a meeting of the Majilis, the lower house of parliament, Kuantyrov said ciga
Citing a Hong Kong Census and Statistics Department survey, Hong Kong’s smoking rate fell to 9.5% in 2021, reaching single digits for the first time. In 2019, 10.2% of Hong Kong residents smoked. The survey showed that about 581,500 people aged 15 and abo
Hong Kong residents who use heated tobacco products (HNB) are facing a harsh reality. As the ban on the sale and import of vaping products takes effect, the market will immediately shift from legal to illegal. Hong Kong authorities have already begun trac
According to the Cyprus Mail, British American Tobacco is launching its heated tobacco product glo in Cyprus. The launch is expected to contribute to Cyprus’s economy and society by creating new jobs while supporting the country’s network of retailers and
IQOS ILUMA is a heated tobacco device model from PMI, equipped with an automatic induction system, no heating blade, and no need for cleaning after use. Since the launch of ILUMA, its first limited-edition color, Rainbow Purple, will go on sale on Tuesday