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View all search resultsThe nicotine formula used by controversial e-cigarette maker Juul Labs Inc is nearly identical to the flavor and addictive profile of Altria Group Inc's highly successful Marlboro cigarette brand, new research suggests.
In March 2019, Statistics Indonesia (BPS) showed that households below the poverty line in cities spent 12.2 percent of their total expenditure on cigarettes, more than their spending on protein such as eggs and chicken, which was below 5 percent.
The recent drop in the valuation of two major cigarette producers casts a shadow over Indonesia's tobacco industry, which has remained stagnant in at least five years, as demand is expected to weaken.
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