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PETALING JAYA: Under Budget 2021, measures were announced to stop the tobacco black market and disrupt the supply of illegal cigarettes which have resulted in billions in lost tax revenue.
KUALA LUMPUR: British American Tobacco (Malaysia) Bhd said its sales in the third quarter grew at a faster pace than the industry, boosted by demand for newly introduced cheaper brand KYO.
PETALING JAYA: With its performance under pressure from cheaper illicit cigarettes, British American Tobacco (M) Bhd (BAT) has launched a nationwide campaign to intensify its fight against contraband tobacco in Malaysia.
PETALING JAYA: British American Tobacco (M) Bhd’s growth strategy for the financial year 2020 (FY20) will be dependent on the recovery of the legal tobacco market, regulated nicotine landscape, sensible fiscal policies as well as a resolution to the affordability issues affecting consumers.
PETALING JAYA: British American Tobacco (M) Bhd (BAT) registered a 42.7% year-on-year decline in net profit to RM50.8mil for the first quarter ended March 31, 2020.
Malaysia is raising tax revenue from its large informal economy. But how much can it reap?
KUALA LUMPUR: Public Bank Bhd, Scomi Energy Services Bhd, Pharmaniaga Bhd, Mesiniaga Bhd, T7 Global, Lotte Chemical Titan Holding Bhd and British American Tobacco (Malaysia) Bhd are among the stocks to watch on Friday, according to JF Apex Research.
PETALING JAYA: The second largest tobacco company in the country will be undertaking a significant downsizing exercise, just two years after it shut down its manufacturing plant.
KUALA LUMPUR: Stocks to watch for on Monday according to JF Apex research include Genting Malaysia, Pavilion REIT, Caring Pharmacy, Vitrox, CMMT and BAT.