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Japan Tobacco to buy Bangladesh firm for $1.5 billion

/ 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

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

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 ...