Singapore Government to Increase Tobacco Tax in 2023

Feb.15.2023

Singapore to raise tobacco tax by 15% from Feb 2023, to curb consumption and generate an extra $100m annual tax revenue.

The Singapore government will be increasing the consumption tax on all tobacco products by 15% starting from February 14, 2023. According to Finance Minister Lawrence Wong's budget speech, this move aims to curb consumption.

According to Wong, it is expected that this increase will bring about an additional annual tax revenue of approximately $100 million.

Singapore last raised its tobacco tax in 2018, which saw a 10% increase.

#North America #United States #Market #Disposable e-cigarettes #Singapore #E-cigarette Taxes

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.

Malaysia Collected US$50.07 million in Vape Tax Since April 2023

Malaysia collected RM209.5 million(US$50.07 million) in excise duty on nicotine-containing vape liquids and gels from April 2023 to August 2025, according to Finance Ministry data. However, Health Minister Dr Dzulkefly Ahmad said RM223.5 million was spent treating EVALI patients in the past year alone, exceeding the tax revenue.

Nov.06 by 2FIRSTS.ai

Product | 2× “2+10” configuration, rated 36,000 puffs — VOZOL launches NEON PLUG MAX

VOZOL has listed a new product, NEON PLUG MAX, on its official website, featuring dual 2 ml prefilled pods and dual 10 ml refill bottles (24 ml total), a claimed maximum of 36,000 puffs, and two-flavour switching. The device was previously shown at InterTabac 2025 and was listed by the UK MHRA in March 2025; however, as of publication it was not yet available on overseas retail sites.

Oct.22 by 2FIRSTS.ai

Singapore's Bishan MRT station security officers apprehended a man who discarded an e-cigarette, as crackdown efforts intensify

Security officers at Bishan MRT station in Singapore apprehended a man who evaded security and found his discarded e-cigarette in nearby bushes. The man pleaded guilty to the offence, and the case was referred to the Health Sciences Authority. The incident is part of Singapore's intensified, government-wide crackdown on e-cigarette use.

Sep.30 by 2FIRSTS.ai

Altria Director George Muñoz to Retire After 2026 Shareholder Meeting;

Altria director George Muñoz plans to retire post-2026 annual meeting, not seeking re-election. Annual meeting expected on May 14.

Oct.15 by 2FIRSTS.ai