ID :
146958
Thu, 10/21/2010 - 17:03
Auther :
Shortlink :
https://oananews.org//node/146958
The shortlink copeid
GOVERNMENT URGED TO MAKE REDUCTION OF ILLICIT CIGARETTES A PRIORITY
KUALA LUMPUR, Oct 21 (Bernama) -- The Confederation of Malaysian Tobacco Manufacturers (CMTM) has urged the government to make reduction of the illicit cigarettes trade a priority.
Its chief executive, Shaik Abbas Ibrahim, said an immediate action that could be embarked upon was to re-invest the funds collected from excise and put in more resources and manpower to increase enforcement efforts, both to curb supply and demand of illicit cigarettes.
In a statement Wednesday, he noted that the great demand for illicit cigarettes spurred the growth in supply because it was sold cheap at about RM3 (US$0.96) per pack of 20 cigarettes.
He said a study by the Global Tobacco Report (dated June 2010) from Goldman Sachs recorded Malaysia as having the highest level of illicit cigarette trade incidence in the world last year.
Its chief executive, Shaik Abbas Ibrahim, said an immediate action that could be embarked upon was to re-invest the funds collected from excise and put in more resources and manpower to increase enforcement efforts, both to curb supply and demand of illicit cigarettes.
In a statement Wednesday, he noted that the great demand for illicit cigarettes spurred the growth in supply because it was sold cheap at about RM3 (US$0.96) per pack of 20 cigarettes.
He said a study by the Global Tobacco Report (dated June 2010) from Goldman Sachs recorded Malaysia as having the highest level of illicit cigarette trade incidence in the world last year.
