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Philip Morris set to expand its business in the ASEAN region

26 January 2023 The ASEAN region’s 125 million smokers present a lucrative market for the world’s largest transnational tobacco company, Philip Morris International (PMI), which is set to increase its business in 2023. PMI has the most (20 out of 39) manufacturing facilities located in South East Asia and significant share of the cigarette market […]

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“Smuggling” – the tobacco industry’s all-purpose argument to oppose tax increase and tobacco control 

12 September 2022 It is tax season in several ASEAN countries, including Indonesia, Malaysia and Vietnam, and governments are deciding their 2023 budget. The tobacco control community has proposed tax increase on tobacco as a win-win policy to reduce consumption and improve public health, and increase government revenue. But the tobacco industry continues to oppose

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Vaping advocates leading policy makers astray with ‘95% safer’ factoid

29 August 2022 Vaping groups and harm reduction advocates have stepped-up their pressure on governments to legalise e-cigarettes and other so called safer tobacco products. In their press statements, webinars, social media posts and letters to governments, they claim among the rationale to embrace these products is because they are 95% safer than cigarettes. Recently,

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Why PMI will continue selling cigarettes: “We are not going to necessarily hand market share to our competitors free of charge”

30 May 2022 Philip Morris International (PMI) at its recent annual shareholders meeting recorded a net revenue of  $31.4 billion in 2021. While steering the attention of its shareholders to its non-combustible business, cigarettes remain its core business as PMI shipped about 625 billion sticks which make up more than 70% of its revenue, amounting to US$22 billion.

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