BAT reports lower 2Q24 earnings

British American Tobacco (M) Bhd managing director Nedal Salem

KUALA LUMPUR: British American Tobacco (M) Bhd (BAT Malaysia) is urging the government to consider addressing the high incidence of the tobacco black market in Malaysia, which is about 54.8% of the total industry.

It suggested the government can do this by reviewing its taxation policies to complement its intensified enforcement initiatives in the upcoming Budget 2025.