Tobacco - Between Profits & Public Policy
06-Sep-17 08:05
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With illegal cigarettes accounting for almost 60% of the Malaysian market, how can the likes of Japan Tobacco International (JTI Malaysia) regain market share? Are 10-stick cigarette packs, which critics have labelled "kiddie packs", the silver bullet to double-digit declines in profits? Having announced the closing of its domestic manufacturing activities by year-end, what will JTI Malaysia's local presence look like in 2018? Guilherme weighs in.
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Tags: tobacco, cigarettes, Japan, international JTI, kiddie pack, manufacturing, tax, drugs, Ministry of Health, Malaysia