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Daily News on Vape Industry August 7th, 2023


2023-08-07

1. The development of disposable vape in the Indonesian market is relatively difficult, while open devices and e-liquids account for 60%-70% of the market.

 

2. British American Tobacco (BAT) has launched the disposable vapeVUSE GO in Malaysia, with a quantity of 1,500 puffs and a price of 22 Malaysian ringgits (about 34.7 yuan)

 

3. KT&G’s operating income in the second quarter was 1.336 trillion won (about 1 billion U.S. dollars), and its operating profit was 242.9 billion won (about 18.62 million U.S. dollars). Among them, the sales volume of overseas heat-not-burn products was 2.21 billion, a year-on-year increase of 72.7%.

 

4. The Philippine Department of Trade and Industry (DTI) is actively supporting tobacco companies in the production of heat-not-burn products due to surging domestic demand and increased export opportunities.