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The international tobacco industry has changed dramatically in recent years, and this constitutes a two-pronged strategy: first, to shoot down existing tobacco-control regulations and, second, to have a chilling effect on countries that may be thinking about instituting regulations. Shaffer, too, lauds the Malaysian governments proposal, which she says has reportedly met with some favourable reception, including reportedly from Japan, which would be encouraging given that countrys economic strength. Slippery slope

Read our article: #ExciseTax #UAEExcise #TaxUpdate #TaxAlert To view or add a comment, sign in [FINANCE MINISTER HALTS 2026 CIGARETTE TAX HIKE, A REALISTIC MOVE TO PROTECT PURCHASING POWER AND TOBACCO INDUSTRY] Finance Minister Purbaya Yudhi Sadewa announced that the excise tax rate on tobacco products (CHT) and the minimum retail selling price (HJE) will remain unchanged in 2026

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Now heres the thing I may not have explained a particular episode from the past, so it is time to put things in context