By Christopher Bowe in New York - Financial Times
Published: January 31 2008 02:01 | Last updated: January 31 2008 02:01
Altria on Wednesday set a date for the long-awaited spin-off of Philip Morris International, putting in motion the break-up of the world’s largest cigarette maker.
The move, due on March 28, will allow investors a choice between […]
Posts from ‘January, 2008’
Altria Sets Date For Tobacco Break-Up
Chinese Cigarettes to Go Global
By Nicholas Zamiska and Juliet Ye in Hong Kong and Vanessa O’Connell in New York - The Wall Street Journal
China is hoping a partnership with Philip Morris can make it a global player in the tobacco business.
After more than three years of negotiations, the Chinese government has selected three domestic cigarette brands, of the hundreds […]
Worsening The Tobacco Pandemic
Prevent an independent PMI from worsening the tobacco pandemic
By Bobby Ramakant - Scoop
In anticipation of the expected announcement on 30 January 2008 of the timing of Philip Morris International’s spin-off, public health organizations worldwide say there is heightened urgency for governments to enact comprehensive laws to control Philip Morris and other tobacco companies.
“The unleashing of […]
Altria/Philip Morris Break-Up
Altria/Philip Morris Break-Up Threatens to Worsen the Global Tobacco Pandemic
“The breakup of Philip Morris will unleash a Philip Morris International that will be even more predatory in pushing its toxic products worldwide,” says Robert Weissman, director of Essential Action, a corporate accountability group based in Washington, D.C. “An independent Philip Morris International, which is likely […]
Is Tax The Best Way To Fight Tobacco?
I refer to the letter by “public health physician” Dr W. Y. Wan (”Tax is best way to fight tobacco”, January 28).
The government should not unconditionally increase tobacco tax so that it reaches record-high levels. It is obvious that there is a market demand for cigarettes.
If there is a substantial increase in tax, the criminal […]
Marlboro’s Move Into China May Boost Philip Morris International
http://www.dj.com/ - January 30, 2008: 05:04 PM EST
NEW YORK -(Dow Jones)- Philip Morris International, Altria Group Inc.’s (MO) soon-to-be-independent international business, will begin manufacturing and selling its famous Marlboro brand in China later this year, a move that could eventually provide a big boost to the international tobacco company.
That move is part of a deal […]
Tobacco Control Programs Reduce Number of Smokers
New CDC Study: Well-Funded Tobacco Control Programs Can Reduce Number of Smokers by Millions
Statement of William V. Corr, Executive Director, Campaign for Tobacco-Free Kids - 29th Jan 2008
Washington, D.C. - As state legislatures across the country convene their 2008 sessions, an important new study provides powerful evidence of the direct relationship between increased funding for […]
Cigarette Modification the Ultimate Public Health Nightmare
Cigarette Smoking and the Church’s “Pro-Life” Position
By Elizabeth M. Whelan, Sc.D., M.P.H. - American Council on Science and Health
This week’s announcement by Philip Morris that it plans a “global blitz” to dramatically increase the number of cigarette smokers around the world represents the ultimate public health nightmare.
The industry’s insidious strategies to modify cigarettes to meet […]
Selling Cigarettes To Minors
SCMP - 29th January
All of us understand the seriousness of selling cigarettes to minors. But how can this problem be solved?
A law does exist which makes it illegal to sell cigarettes to minors and it must be enforced and the appropriate punishment be meted out.
Even though a law was introduced last year which banned smoking […]
Cut In Tobacco Tax Would Be Death Warrant For Young People
Updated on Jan 29, 2008 - scmp
Philip Bowring (”Sharing the spoils”, January 23) advocates a cut in tobacco tax, “another impost that most hurts lower-income earners who are generally more frequent smokers”. Does Bowring realise cutting tax will sign the death warrants of our youth? The tax on tobacco, which has not increased here since […]