You have searched for "Cormac O Rourke"
Showing 1-10 of 15
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.
PETALING JAYA: The Federal Government's decision to allow the majority of businesses to resume operations under the conditional movement control order (MCO) has the support of 59 Malaysian chambers of commerce and industry associations.
PETALING JAYA: Tobacco companies are aggressively strategising to compete in a tough market environment in the wake of thinning margins, influx of illicit cigarettes and rapid growth of the illegal vaping segment.
Chief executive officers and industry players generally regard the budget as one that should address the challenges faced by the rakyat. Below are their comments
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: Malaysia has the unenviable honour of sitting on the throne of the highest level of illegal cigarettes in the world. The country loses RM6bil in total every year
KUALA LUMPUR: Malaysia has become the largest consumer of illegal cigarettes with over 12 billion sticks sold last year.