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Hike in cigarette prices won't lead to more smokers turning to illicit cigarettes, says Health Minister
KUALA LUMPUR: While cigarette prices will go up, it will not be so drastic as to make smokers turn to illicit cigarettes to satisfy their addiction, says Health Minister Datuk Seri Dr Dzulkefly Ahmad.
PETALING JAYA: It’s a big thumbs up from consumer groups to the government’s decision to raise cigarette prices and ban smoking at all open-air restaurants.
KUALA LUMPUR: The Malaysian Council for Tobacco Control has urged the government to protect public health policies from commercial and other vested interests.
PETALING JAYA: British American Tobacco (M) Bhd (BAT) could see its earnings weighed down by higher cigarette prices if the quantum of increase results in consumers switching to cheaper alternatives, say analysts.
PETALING JAYA: Anti-smoking advocates believe increasing cigarette prices will help combat smoking but coffee shop operators are concerned that the move may affect their business.
KUALA LUMPUR: JT International Bhd (JTI Malaysia) has called for the Health Ministry to clarify its position in relation to the implementation of SST, claiming that its inaction had resulted in a price war in the market.
PETALING JAYA: Maybank IB Research has raised its 2018 and 2019 headline inflation rate forecasts to 1.0%-1.5% and 2.0-2.5% respectively.
Here’s a sobering fact to bear in mind on World No-Tobacco Day on May 31: 43% of Malaysian adult men still smoke.