NEWSWORTHY

Business Sep 30, 2018

Price hikes in second half to raise burden on Japanese households

Households will face greater financial burdens from Monday, the start of the fiscal second half, when prices for a variety of products and services ranging from cigarettes, wheat and cram school fees go up. Tobacco makers will raise prices for their products in line with ...

Japan Tobacco to buy Bangladesh firm for $1.5 billion

Business / Corporate Aug 7, 2018

Japan Tobacco to buy Bangladesh firm for $1.5 billion

Japan Tobacco Inc. has agreed to buy a Bangladeshi cigarette manufacturer for 124.3 billion taka ($1.5 billion), taking its acquisition strategy to one of Asia's fastest-growing economies. The Tokyo-based company is acquiring the tobacco business of Akij Group, the second-largest tobacco company in Bangladesh, Japan ...

Tobacco tax revenue to shrink by ¥50 billion this year: study

Business Aug 12, 2017

Tobacco tax revenue to shrink by ¥50 billion this year: study

Japan's tobacco tax revenue is likely to drop by more than ¥50 billion ($460 million) this year as more smokers switch to heated tobaccos containing less tobacco leaves, according to an estimate compiled Friday by Kyodo News and a research institute. The fall is sure ...

WHO blasts tobacco industry for blocking anti-smoking moves

Business Jul 20, 2017

WHO blasts tobacco industry for blocking anti-smoking moves

The tobacco industry continues to subvert government attempts to prevent tobacco-related deaths, the World Health Organization (WHO) said on Wednesday in a fresh call to counter corporate lobbying and litigation. Countries with partly state-owned tobacco companies, such as Japan, which has a stake in Japan ...