By Tina Arceo-Dumlao
A new and distinct aroma is filling select cigar divans and smoking lounges in the United States, and it is coming from the 1881 Perique, the newest in the revered line of cigar brands produced by the 133-year-old Tabacalera Incorporada, the only company in the world that has successfully blended the rare Perique from the St. James Parish in Louisiana into a cigar.
E-cigarettes should be subject to the same regulations as cigarettes and should not be sold to minors, the American Heart Association (AHA) said in new policy guidelines out Monday.
By Doris C. Dumlao
The LT Group Inc. of Lucio Tan saw a 68.9-percent decline in first semester net profit to P2.16 billion in the mostly due to the slowdown in earnings contribution from its banking and tobacco businesses.
A lawmaker has urged the government to closely monitor the alleged interference of some tobacco companies in the health and revenue policies of the government as the new law requiring graphic warnings on cigarette packs took effect on Friday although the warnings will not appear for almost two years.
Expect competition in the local tobacco industry to heat up. Mighty Corp., the oldest Filipino-owned tobacco company, has launched its premium brands King and Chelsea in a bid to firm up its position as the country’s second-biggest cigarette manufacturer.