Consumer advocates call for tobacco tax reforms as illicit sales boom

The Consumer Choice Centre claims that illegal cigarettes can ‘overrun’ the market if changes aren’t made. FMTNews

The Consumer Choice Centre says black market cigarettes have captured 60% of the market in Malaysia.

In a statement, CCC said black market cigarettes had captured 60% of the market, which caters to an estimated five million smokers in Malaysia. “Our observation indicates demand for smuggled cigarettes is high because these illegal products are sold as cheap as RM5 . So, it is no surprise that these cheap smuggled cigarettes have a big demand.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fmtoday /  🏆 5. in MY

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Customs seizes illicit cigarettes worth more than RM20mil in unpaid duesBUTTERWORTH: Illicit cigarettes worth more than RM20mil in unpaid taxes and duties have been seized by the Royal Malaysian Customs Department.
Read more »

Indonesia farms see boom in online sales of sacrificial animals for Eid | Malay MailBOGOR, July 29 — As Indonesian Muslims prepare to celebrate the Eid al-Adha festival, farms are seeing a boom in online sales that limit the need for people to visit farms during the pandemic to buy the goats, sheep and cows traditionally sacrificed at this time. Health experts have been...
Read more »

Indonesia farms see boom in online sales of sacrificial animals for EidOne farm has already sold 15,000 goats, sheep and cows via social media platforms ahead of the festival. FMTNews
Read more »

Psst, bro, look the other way: Man caught with illicit ciggies tries to bribe copsJOHOR BARU: Police have arrested a 29-year-old man after he was caught with more than RM30,000 worth of illicit cigarettes and even tried to bribe his way out of a reckoning with the law.
Read more »

Banks could be stumbling block to moratorium extension | The Malaysian InsightUnions, consumer groups say stringent application rules will likely lead to deserving families being denied help.
Read more »

'Proudly American' Facebook urges updated internet rules to take on ChinaThe tech giant warns the US will lose consumers in the face of competition from Beijing. FMTNews
Read more »