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tobacco-excise

Finance Minister cracks down on illegal cigarettes
Regulations 5 months ago

PREMIUM
Finance Minister cracks down on illegal cigarettes

Minister Purbaya said he had also summoned e-commerce platforms, including Tokopedia and Blibli, urging them to prevent the sale of illegal cigarettes on their marketplaces.
Health groups slam govt for not raising cigarette tax in 2025
Society 1 year ago

PREMIUM
Health groups slam govt for not raising cigarette tax in 2025

Health organizations say the government’s decision not to increase the cigarette excise tax for next year represents a major step backward in reducing tobacco consumption in the country.
Govt carries on with tobacco excise hike despite bleak economic outlook
Regulations 3 years ago

PREMIUM
Govt carries on with tobacco excise hike despite bleak economic outlook

The government plans to raise the cigarette excise by an average 10 percent annually over the next few years, continuing its longstanding effort to bring down tobacco use despite the recent acceleration of inflation.
Sampoerna, Gudang Garam see 20% profit drop after excise hike
Business 4 years ago

PREMIUM
Sampoerna, Gudang Garam see 20% profit drop after excise hike

The two companies' financial reports show swelling costs as the Finance Ministry continues to periodically raise excise taxes to deter smoking.
Time to quit?: Tobacco excise hike, weak purchasing power to hit cigarette makers
Business 5 years ago

PREMIUM
Time to quit?: Tobacco excise hike, weak purchasing power to hit cigarette makers

The government will increase cigarette excise taxes by an average of 12.5 percent in February of next year.
Consumers prefer cheaper cigarettes as purchasing power weakens: Sampoerna
Business 5 years ago

Consumers prefer cheaper cigarettes as purchasing power weakens: Sampoerna

The shift to affordability has also been evident with the market share of smaller pack products – 10 or 12 cigarettes per pack – increasing 5 percentage points year-on-year (yoy) to 44.4 percent in this year’s first half.
Major policy changes needed to reduce child smoking: Experts
Business 5 years ago

Major policy changes needed to reduce child smoking: Experts

Nearly one in ten Indonesian children smoke.
Inflation to jump to 3 percent in 2020 amid administered price hikes: Economists
Business 6 years ago

PREMIUM
Inflation to jump to 3 percent in 2020 amid administered price hikes: Economists

The country recorded an annual inflation rate of 2.68 percent in January.
Higher BPJS premiums, tobacco excise to reduce people’s purchasing power, experts say
Business 6 years ago

PREMIUM
Higher BPJS premiums, tobacco excise to reduce people’s purchasing power, experts say

These hikes are expected to affect the country’s inflation rate, projected to be 4.5 percent in 2020.
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