Bangladesh to Remove Government Stake in Tobacco Company

Dec.28.2022
Bangladesh to Remove Government Stake in Tobacco Company
Bangladesh plans to remove government workers from the British American Tobacco Bangladesh committee to prevent interference in tobacco control policies.

Bangladesh's Planning Minister, M.A. Mannan, has suggested that government officials should leave the British American Tobacco Bangladesh Committee in order to prevent interference from the tobacco industry in the country's control policies and government initiatives.


The Bangladeshi government holds a small percentage of shares in British and American tobacco companies. MA Mannan, while organizing a meeting titled "Improving the Bangladesh Labor Welfare Trust Fund and Public Health Research and Communication Initiative" in the Planning Ministry, stated that he will request the Prime Minister to withdraw these shares.


Bangladesh legislator and senior lawyer Shamim Haider Patwari stated that their fight against tobacco is an unequal battle. He demands that the government divest its shares in tobacco companies.


At another event organized by the non-governmental think tank Unayan Shamannay in the capital of Bangladesh, speakers emphasized the need to strengthen tobacco control laws and ban smoking for the general public in order to fulfill the Prime Minister's vision of making Bangladesh a smoke-free country.


Furthermore, designated smoking areas, the depiction of smoking scenes in films subject to certain conditions, and tobacco companies' corporate social responsibility must be prohibited.


Atiur Rahman, former governor of the Central Bank of Bangladesh, has stated that policymakers have played a significant role not only in reducing tobacco consumption in Bangladesh but also in providing substantial support for anti-tobacco movements.


He added that citizens and decision-makers should work together to fulfill the Prime Minister's commitment through stricter tobacco control laws and proper implementation of the law.


According to Member of Parliament Fazle Hossain Badsha, there is a widespread perception that opposing tobacco leaves a negative impression. However, if tobacco control laws were strengthened, the dream of a smoke-free Bangladesh could be realized.


Another legislator, SM Shahzada, has stated that there has been a noticeable increase in tobacco use during the election campaign. He has called for necessary measures to be taken to break the tradition of using cigarettes to lure voters during the election.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

China Boton Group Posts 2025 Revenue of RMB 1.496 Billion, With E-Cigarette Product Revenue Up 4.6%
China Boton Group Posts 2025 Revenue of RMB 1.496 Billion, With E-Cigarette Product Revenue Up 4.6%
China Boton Group reported its results for the year ended December 31, 2025. Revenue was RMB 1.496 billion, down about 9.5% from RMB 1.653 billion in 2024. Gross profit was RMB 377.1 million, with a gross margin of 25.2%, and the group recorded a net loss of RMB 1.000 billion for the year.
Mar.24 by 2FIRSTS.ai
Singapore hikes vape penalties: users face up to S$10,000; importers up to 9 years
Singapore hikes vape penalties: users face up to S$10,000; importers up to 9 years
Singapore Parliament passes law to significantly increase penalties for e-cigarette possession, use, import, and sale, effective May 1.
Mar.09 by 2FIRSTS.ai
Philip Morris Korea launches TEREA “Shine Pearl” for IQOS ILUMA, expands capsule range to seven variants
Philip Morris Korea launches TEREA “Shine Pearl” for IQOS ILUMA, expands capsule range to seven variants
Philip Morris Korea said on Feb. 5 it has introduced “TEREA Shine Pearl,” a new TEREA stick designed for the IQOS ILUMA heated-tobacco device. The company said the product delivers a cool sensation and adds a fresh, fruity note when the capsule is crushed, bringing TEREA’s capsule-based lineup in South Korea to seven variants.
Feb.05 by 2FIRSTS.ai
Spain’s Galicia Moves First: Under-18 Vape and Energy Drink Sales and Use Banned
Spain’s Galicia Moves First: Under-18 Vape and Energy Drink Sales and Use Banned
Galicia will implement a new “Minor Health Protection and Addictive Behaviors Prevention” law this Saturday, becoming the first region in Spain to ban the sale and use of vapes for people under 18.
Mar.09 by 2FIRSTS.ai
Philippine Tobacco Control Coalition Backs Raising Legal Age for Vape and Tobacco Products to 25
Philippine Tobacco Control Coalition Backs Raising Legal Age for Vape and Tobacco Products to 25
A coalition of health and child rights advocates in the Philippines said it supports Health Secretary Teodoro Herbosa’s call to raise the legal age restriction for vape and tobacco products from 18 to 25. The group said scientific evidence shows that the brain of a young person continues to develop until the mid-20s, and that nicotine exposure during that period can cause lasting impairment in impulse control, learning, and mood regulation.
Mar.11 by 2FIRSTS.ai
Nicotine Becomes Second-Largest Revenue Source for Couche-Tard in Fiscal 2025
Nicotine Becomes Second-Largest Revenue Source for Couche-Tard in Fiscal 2025
Alimentation Couche-Tard reported that nicotine products accounted for 9% of total revenue in fiscal 2025, making it the company’s second-largest revenue source after fuel, according to its latest Business Strategy Update.
Market
Feb.19