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The public owned Thailand Tobacco Monopoly (TTM) is still the main giant buyer of tobacco produced locally. The agency acquired about 21,970 tonnes of leaf in 2010, 36% of the expected 60,500 tonnes of leaf grown in the previous year. TTM also imported 3,350 tonnes of leaf in order to produce 28.9 billion cigarettes for home sale and expo ...
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It has passed three weeks since the New Year’s resolution was adopted, and it seems that it is not going quite well. Many of us decided to go to gym, for twice or three times per week, or even are thinking to go in order to try to quit our habit, but it seems too difficult. Probably we are not the only one finding it hard to stop sm ...
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Choosing only one star from our CAPS community and with investors there split on an even base between falling and upward trends on the company, you might suppose that Star Scientific is a stock most avoided. You could be right, but let’s not be hasty in generalization. Lets’ examine why you might prefer to buy, sell or hold St ...
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The tobacco industry is currently on the recovery line following a decade of decrease which has seen manufacture falling to a low of 48.8 million kg. in 2008 from more than 200 million kg. in 2000. The introduction of parallel currencies in 2009 provoked the recovery with approximately 60 million kg being manufactured that year and increa ...
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For many Japanese, smoking has been for many years associated with manliness and hard work. During Japan’s quick-growing period in the 60s, when the smoking rate for men constituted 80 %, higher than the rate during America’s smoking flourishing. In a country that is smoking friendly, it is no wonder that anti-smoking programs ...
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The Tanzanian government has prompted tobacco growers to keep away from proofless claims regarding crop, and instead try to grow the crop more responsibly. Also, tobacco growers in growing countries have been advised to change their farming technologies in order to correspond to those of their counterparts, including the use of modern app ...
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Imperial Tobacco, Gallaher Group Ltd and 10 more retailers were charged $346 million for coordinating tobacco process between 2001 and 2003, a U.K. anti-monopoly regulator stated. Imperial Tobacco the producer of such popular cigarette brands as West, Davidoff and Gauloises received the highest fine of 112.3 million pounds. Gallaher that ...
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USA President Barack Obama who recently declared that he is tobacco-free after a usual medical checkup – has tough words for cigarette manufacturers. Particular cigarette companies, he states in a new White House web video, are struggling new graphic health warnings as “they do not want to recognize the consequences of their use. ...
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R.J. Reynolds Tobacco Co.’s employees refused union representation for the third time in 6 years. However, receiving 45% of the vote could motivate union supporters to think that the fourth time could be the charm as early as autumn 2012. With about 94% of 1300 employees participating, Reynolds reported that 700 voted against and 60 ...
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Tobacco giant Philip Morris International declared last week that its third-quarter net profits rose almost 31 percent since the company managed to sell more cigarettes, especially in Asian region and increased prices. The maker of Marlboro and other top-selling cigarette brands outside of USA as well increased the lower end of the full-y ...
