In recent years, with the rapid expansion of the e-cigarette market, e-cigarette regulatory policies around the world have been constantly adjusted. After many rounds of discussion and deliberation, South Korea’s e-cigarette bill still faces a lot of resistance. Recently, the Korean National Assembly’s amendment to classify synthetic nicotine e-cigarettes as “tobacco” failed to pass again, […]
Read MoreRecently, Imperial Tobacco (Imperial Brands PLC, hereinafter referred to as “IMB”) released its 2024 annual report and financial statements, and announced the 2025 Annual General Meeting of Shareholders Notice. Net revenue from tobacco and next generation products (NGP, i.e. new tobacco) increased, with net revenue from tobacco and NGP of £8.2 billion, of which NGP […]
Read moreAccording to Prensa Latina on December 11, Austrian authorities plan to introduce new taxes on vapes to bring more money to the state treasury. Currently, vapes and their cartridges are subject to only 20% sales tax in Austria, without tobacco tax. In contrast, traditional cigarettes are subject to 60% tobacco tax. Hannes Hofer, director of […]
Read moreOn December 10, the official website of the Welsh Government of the United Kingdom issued a press release stating that the Welsh Parliament (Senedd) passed a vote to introduce the Environmental Protection (Disposable vapes) (Wales) Regulations 2024, which prohibits the supply of disposable vapes in Wales. According to the results of the parliamentary vote, Huw […]
Read moreAccording to the Manila Bulletin on December 12, Philip Morris International (PMI) announced at its latest Technology Innovation Summit that it plans to increase the proportion of revenue from new tobacco products to 66% by 2030, compared to the current 38%. Stefano Volpetti, CEO and Chief Consumer Officer of PMI’s smokeless inhalable products category, said […]
Read moreAccording to Forbes on December 9, at the forum of “Siberian Retail Day”, Irina Fedina, deputy director of the Russian Ministry of Agriculture, said that from January 1, 2025, the minimum price of Russian tobacco will rise by 4.6%, reaching 135 rubles (1.35 US dollars) per pack, and in 2024, the minimum price of cigarettes […]
Read moreAccording to vaguardia news: The opinion will be submitted to the state legislatures, and if approved by the majority of state legislatures, the reform will be declared constitutional. The Senate approved a controversial reform that prohibits the use of vape devices and illegal use of fentanyl in Mexico, so the reform will be submitted to 32 […]
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