
Russian Finance Ministry Expects Higher Tax on Nicotine E-Liquid to Generate RUB10 Billion
Key point: Russia’s Finance Ministry estimates that doubling the tax on nicotine vape e-liquid could generate RUB10 billion in revenue.
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Key point: Russia’s Finance Ministry estimates that doubling the tax on nicotine vape e-liquid could generate RUB10 billion in revenue.

Key point: The final winning entry in BAT Korea’s glo 2023 glo Art Competition will be determined through online consumer voting, which ends on the 26th.

Key point: At the VAPEFAIR Indonesia expo on November 12, 2Firsts interviewed vape brands BECO and FREEMAX to better understand their current situation in the Indonesian market.

Key point: Vietnamese experts are calling for a ban on the circulation of vapes to reduce tobacco harm. With vaping use on the rise, Vietnam is considering a ban on vaping products.

Key point: Japan Tobacco International has accused an Egyptian tobacco producer of monopolizing the market and filed a complaint with Egypt’s competition authority.

Key point: A new medical study shows that more young people are choosing vapes over traditional cigarettes, with first-time smoking initiation via vaping surpassing initiation via conventional cigarettes for the first time.

Key point: British American Tobacco shares were reaffirmed with a Buy rating, although the stock fell by 2 pence in midday trading.

Key point: RELX’s environmental, social, and governance practices ranked first among all global vaping companies for the second year in a row.

Key point: JTI Bulgaria is promoting proper cigarette butt disposal. EU research shows that 3 out of every 10 cigarette butts are discarded improperly, increasing plastic pollution.

Key point: BAT Korea is actively advancing ESG management and has installed 20 flower beds across more than 10 districts, including Jung-gu and Gwangjin-gu in Seoul, to discourage littering and improve the cityscape.

Key point: At the 2023 Thessaloniki Summit, JTI Greece CFO Haralambos Thamnidis and Director of Corporate Affairs and PR Georgia Karountzou shared the company’s business roadmap in Greece and its innovation and sustainability strategy.

Key point: VUSE has launched two disposable vapes in the Middle East market with 5,000 and 6,000 puffs respectively. Both are officially priced at 80 dirhams, about RMB155, around RMB60 higher than in Russia.