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2024-08-09Latest Update
KT&G Reports Second-Quarter Profit Growth
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KT&G Reports Second-Quarter Profit Growth

KT&G reported consolidated revenue of KRW 1.42 trillion ($1.03 billion) and operating profit of KRW 321.5 billion in the second quarter of 2024, up 6.6 percent and 30.6 percent year on year, respectively. The company attributed the growth to the strong pe

KT&G2024-08-09Views 229
Dutch Activists Criticize PMI Herbal Heated Sticks
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Dutch Activists Criticize PMI Herbal Heated Sticks

According to Dutch News, anti-tobacco activists believe Philip Morris International is trying to use its Levia herbal heated sticks to circumvent the Netherlands' ban on flavored tobacco and vaping products. Levia sticks are made from tea leaves rather th

herbal heated sticks2024-08-07Views 172
Japan Tobacco Releases Second-Quarter Results
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Japan Tobacco Releases Second-Quarter Results

JT Group reported revenue of JPY 1.6 trillion ($10.63 billion) in the second quarter of 2024, up 12.7 percent from the same period in 2023. Profit increased 6.3 percent to JPY 305.2 billion. In a statement, JT Group president and CEO Masamichi Terabatake

Japan Tobacco2024-08-05Views 236
New Zealand to Cut Taxes on Heated Tobacco Products
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New Zealand to Cut Taxes on Heated Tobacco Products

According to New Zealand Radio, New Zealand has halved the tax on heated tobacco products (HNB) to make them more attractive as an alternative to cigarettes. A spokesperson said Customs Minister Casey Costello, who ordered the tax cut, hopes the move will

New Zealand2024-07-20Views 192
PMI Launches More Affordable New AXIA Tobacco Sticks in Japan
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PMI Launches More Affordable New AXIA Tobacco Sticks in Japan

At present, Axia is sold only in Hokkaido and Fukuoka Prefecture in Japan. It is difficult to obtain in other parts of Japan because it is not sold on the IQOS website. It is expected to be launched nationwide in the future, with news to be announced as s

Axia2024-05-25Views 278
Japan Tobacco Will Keep Its Russia Business
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Japan Tobacco Will Keep Its Russia Business

According to the Financial Times, Japan Tobacco CEO Masamichi Terabatake said the company will keep its Russia business after reshaping its supply chain to comply with sanctions, in response to investor demand. According to the paper, Japan Tobacco is con

Japan Tobacco2024-05-07Views 228
British American Tobacco to Produce Heated Tobacco in Hungary
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British American Tobacco to Produce Heated Tobacco in Hungary

According to Hungary Today, British American Tobacco will build a 60 billion Hungarian forint (US$162.12 million) heated tobacco products factory in Pécs, Hungary, creating 450 new jobs. BAT already employs nearly 1,000 people. Foreign Affairs and Trade M

British American Tobacco2024-04-25Views 283
Uzbekistan Plans to Ban Heated Tobacco and Vaping Devices
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Uzbekistan Plans to Ban Heated Tobacco and Vaping Devices

According to Trend, Uzbekistan's Ministry of Health has proposed banning the circulation of vaping devices, vape liquids, and heated tobacco products. This is reflected in a draft legal act published on Uzbekistan's portal for discussing нормативных legal

Uzbekistan2024-04-16Views 199
European Lawmakers Consider Restrictions on Tea Leaf Tobacco Sticks
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European Lawmakers Consider Restrictions on Tea Leaf Tobacco Sticks

According to Reuters, European lawmakers are considering restrictions on tea leaf tobacco sticks (heated tobacco sticks made from tea leaves), which are becoming increasingly popular across Europe. After the EU banned flavored heated tobacco sticks last y

Tea Leaf Tobacco Sticks2024-04-04Views 127
Job Ad Suggests IQOS Set for U.S. Debut in Texas
HNB News

Job Ad Suggests IQOS Set for U.S. Debut in Texas

With the settlement of its intellectual property dispute with British American Tobacco removing a major barrier to sales in the U.S., PMI International is preparing to launch IQOS heated tobacco devices in Austin, Texas, according to U.S. media. After res

U.S. IQOS2024-03-30Views 199
Latest IQOS iluma i Makes Its Debut in Japan
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Latest IQOS iluma i Makes Its Debut in Japan

PMI International has launched IQOS iluma i in Japan, the most innovative product in its growing heated tobacco portfolio. The launch marks the 10th anniversary of IQOS, which debuted in Nagoya, Japan in 2014. We use science, world-leading brands and comm

IQOS iluma i2024-03-14Views 368
Hong Kong's 2023 Cigarette Seizures Reached $288 Million
HNB News

Hong Kong's 2023 Cigarette Seizures Reached $288 Million

According to media reports, Hong Kong customs officials said the agency seized more than 650 million illicit cigarettes last year, worth HK$2.25 billion (US$287.8 million), the highest annual value in more than two decades. According to undisclosed source

Hong Kong2024-01-15Views 193