Philip Morris Korea Inc. said Thursday that it will begin selling its tobacco sticks, called Heets, produced at its factory in South Korea later this month. To this point, Philip Morris Korea imported Heets for sale in South Korea. Philip Morris Korea has…
Philip Morris Singapore said the forthcoming ban on the display of tobacco products at retail outlets will have no impact on the smoking rate in Singapore. The comment by the leading tobacco company in Singapore was in response to the announcement by the…
Philip Morris International Inc., which makes and sells Marlboro cigarettes outside the U.S., has started testing investor appetite for an over $1.5 billion sale of its shares in its Indonesian operation, according to people familiar with the situation, in…