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February 13th, 2017:

ARE TOBACCO TAXES REALLY REGRESSIVE?

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Shisha bars to be banned

The government soon will announced a complete ban on commercial use of shisha to protect the country’s youth, according to the Pakistan Observer.

http://www.tobaccojournal.com/Shisha_bars_to_be_banned.54070.0.html

Shisha sales and hookah use in bars, cafes and lounges would cease. Shisha sales would be banned in bazars, the Observer said. Authority for the expected ban from the Ministry of National Health Services, Regulations and Coordination is contained in the Prohibition of Smoking and Protection of Non-smokers Health Ordinance of 2002, the newspaper said on its website.

PMI, BAT units fined KRW 300 billion for hoarding

The Korean affiliate of Philip Morris International (PMI) and a British American Tobacco (BAT) subsidiary were fined a combined KRW 300 billion (EUR 239 million) for hoarding, the Yonhap news agency said.

http://www.tobaccojournal.com/PMI_BAT_units_fined_KRW_300_billion_for_hoarding.54071.0.html

The companies were accused of building up inventories in advance of a 2015 hike in excise duties. Sale of the hoarded cigarettes after January, 2015, allowed the companies to avoid tax on the profits, according to Yonhap. PM Korea was fined KRW 218 billion and BAT Korea KRW 89 billion, Yonhap reported. The ruling has been appealed, the news agency said.