IQOS Latest News, Heating Non Combustion Latest News
According to The Korea Herald, the South Korean government dropped its plan to raise taxes on heated tobacco products just two days after the finance minister proposed the measure. South Korea currently taxes conventional cigarettes more heavily than heat
According to Nikkei Asia, Japan Tobacco will invest JPY 300 billion (USD 2.25 billion) in its heated tobacco products, including JPY 200 billion to market these heated tobacco products internationally. Last year, we were unable to invest because there wer
According to EurActive, under recent amendments to the Consumer Protection Law, retailers in Serbia that sell e-cigarettes or other tobacco products to minors will face fines of 50,000 dinars (USD 469). The amendment closes gaps in previously unregulated
According to the New Zealand Herald, after President Surangel Whipps signed a law imposing a comprehensive ban on the import, advertising, sale, and use of e-cigarettes, the Pacific island nation of Palau declared e-cigarettes and related products illegal
According to MercoPress, Argentina’s Ministry of Health has banned the nationwide import, distribution, commercialization, and promotion of various types of e-cigarettes and accessories. Health Minister Carla Vizzotti signed a resolution prohibiting these
Altria Group has reached an agreement to acquire NJOY Holdings for about $2.75 billion in cash. The deal terms include an additional $500 million cash payment depending on regulatory outcomes for certain NJOY products. Altria CEO Billy Gifford said in a s
According to foreign media reports today, and based on a Taat press release, Taat Global Alternatives plans to acquire Break Free from Boksburg Ventures. Break Free is a smartphone app designed to provide smoking cessation strategy guidance. Taat expects
According to reports, Hong Kong Customs seized 730 million illicit cigarettes in 2022, up 76% from 2021 and the highest annual figure in more than two decades. Last year, authorities handled 7,148 cases, including 3,436 involving smuggled cigarettes and 9
According to the Financial Times, Philip Morris International’s attempt to sell its Russia business has stalled due to difficulties in meeting the conditions required to exit the country. PMI CEO Jacek Olczak said discussions with at least three serious p
Imperial Brands has launched the first major upgrade to its Pulze heated tobacco device as it continues to innovate and develop more appealing potentially reduced-harm products. Pulze 2.0 features a compact all-in-one design and offers 25 uses per charge
According to Breaking Latest News, citing Philip Morris International, about 2 million smokers in Italy have switched to IQOS. Marco Hannappel, President of Southwest Europe, said the company is moving faster toward a smoke-free future by offering adult s
Japan Tobacco reported 2022 revenue of JPY 2.66 trillion ($19.97 billion), up 14.3% from the previous year. Operating profit rose 31% to JPY 653.6 billion, while profit increased 30.8% to JPY 442.7 billion. For 2023, full-year revenue is expected to decli