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2024-01-15Latest Update
Hong Kong's 2023 Cigarette Seizures Reached $288 Million
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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 164
BAT launches Glo Hyper Pro
HNB News

BAT launches Glo Hyper Pro

BAT has launched a new version of its Glo heated tobacco device. Glo is a heat-not-burn product that produces fewer and lower levels of toxic substances than conventional cigarettes. According to the company, the Glo Hyper Pro is lightweight, fits easily

Glo Hyper Pro2024-01-11Views 168
BAT’s former Russian subsidiary renamed
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BAT’s former Russian subsidiary renamed

According to AB News, British American Tobacco’s former Russian subsidiary in St. Petersburg has been renamed ITMS following a change in ownership. Last year, BAT announced difficulties with its Russian business and said it intended to exit the Russian ma

British American Tobacco2024-01-11Views 185
Tea-Based Heated Tobacco Cartridges Gain Momentum in the Global Market
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Tea-Based Heated Tobacco Cartridges Gain Momentum in the Global Market

According to the latest research from a tobacco intelligence company, tea-based heated tobacco cartridges are spreading rapidly worldwide, serving not only as an alternative to traditional smoking but also as an alternative to conventional heated tobacco

heated tobacco cartridges2023-11-30Views 219
KT&G Report Shows Record Growth in Heated Tobacco Business
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KT&G Report Shows Record Growth in Heated Tobacco Business

KT&G reported record quarterly revenue of KRW 1.69 trillion (USD 1.29 billion) for the period ended September 30, 2023, up 4% year-on-year. Despite rising costs, operating profit increased 0.3% to KRW 406.7 billion. Revenue growth was driven by the strong

KT&G2023-11-10Views 246
Japan Tobacco Launches Ploom X Advanced in Japan
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Japan Tobacco Launches Ploom X Advanced in Japan

Japan Tobacco announced the launch of Ploom X Advanced, a new heated tobacco device that delivers improvements in flavor and user experience. The company believes the new device will play an important role in its medium- to long-term business strategy. Ac

Ploom X Advanced2023-10-31Views 239
More Than Half of Southeast Asia Has Already Banned E-cigarettes
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More Than Half of Southeast Asia Has Already Banned E-cigarettes

Malaya Business Insight, citing an assessment report from the Southeast Asia Tobacco Control Alliance (SEATCA), said that of the 10 countries in Southeast Asia, five have already banned e-cigarettes and related products. According to SEATCA, Brunei, Cambo

Southeast Asia e-cigarettes2023-10-25Views 184
Disposable vapes approach 40% of the global market share
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Disposable vapes approach 40% of the global market share

According to the latest analysis from ECigIntelligence, disposable vapes account for nearly 40% of the global vaping industry. After an initial boom in the United States, the disposable segment is now growing even faster in other countries. Consumers are

disposable vapes2023-10-14Views 153
KT&G begins construction of Kazakhstan factory
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KT&G begins construction of Kazakhstan factory

As part of its expansion strategy, KTG Corp has broken ground on its fourth overseas factory in Kazakhstan. The South Korean tobacco company aims to complete construction in 2025 and export products to the Eurasian region. Previously, KTG announced last m

KT&G2023-10-14Views 133
Philip Morris to Open Factory in Poland
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Philip Morris to Open Factory in Poland

According to PAP, Philip Morris International will invest PLN 1 billion (US$229.81 million) to produce heated tobacco sticks at its factory in Krakow, Poland. Today, Philip Morris International decided to make a new investment. We hope to produce a new ge

Poland2023-09-13Views 135
KT&G to Build a Second Factory in Indonesia
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KT&G to Build a Second Factory in Indonesia

According to Yonhap News, KT&G Corp. plans to expand its production facilities in Indonesia. The South Korean tobacco company currently operates a factory in Surabaya and plans to build a second one in the Southeast Asian country. The new factory will pro

KT&G2023-09-12Views 149
KT&G reports Q2 results as HNB sales surge 43.5%
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KT&G reports Q2 results as HNB sales surge 43.5%

According to PR Newswire, KT&G Corp. reported consolidated revenue of KRW 1.34 trillion (US$1.03 billion) for the second quarter ended June 30, 2023, with operating profit of KRW 242.9 billion. Sales volumes of both combustible cigarettes and heated tobac

KT&G2023-08-04Views 155