Singapore Government to Increase Tobacco Tax in 2023

Feb.15.2023

Singapore Government to Increase Tobacco Tax in 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.

China Tobacco Regulation Shift：Policy Updates and Market Impact

China Tobacco Regulation Shift：Policy Updates and Market Impact

EVO NXT European Tobacco & NGP Exhibition

EVO NXT European Tobacco & NGP Exhibition

Nicokick and zone Extend NASCAR Collaboration for April 19 Kansas City Race

Nicokick and zone Extend NASCAR Collaboration for April 19 Kansas City Race

Nicokick.com said it will continue its collaboration with zone for a second year at the April 19 NASCAR race in Kansas City, appearing on Richard Childress Racing’s No. 8 Chevrolet driven by Kyle Busch. The 2026 race-weekend campaign for verified adult nicotine consumers aged 21 and older includes the exclusive launch of zone Cranberry and a limited-edition five-flavor mix pack selected by Busch.

Apr.16 by 2FIRSTS.ai

Imperial Brands Pulls myblu Vape Business From U.S., Citing Prolonged FDA Approval Process

Imperial Brands Pulls myblu Vape Business From U.S., Citing Prolonged FDA Approval Process

Imperial Brands said it will phase out its myblu vaping business in the United States, citing prolonged FDA approval timelines for new vape products. The company said it will instead focus on modern oral nicotine products in the U.S., including the expansion of its Zone brand and new flavors. While overall next-generation product revenue continued to grow, revenue from the category in the Americas declined sharply.

Shenzhen Tobacco Monopoly Bureau Moves to Advance E-Cigarette Regulatory System 2.0

Shenzhen Tobacco Monopoly Bureau Moves to Advance E-Cigarette Regulatory System 2.0

The Shenzhen Tobacco Monopoly Bureau recently held the city’s 2026 e-cigarette regulation work conference to implement higher-level meeting requirements, review the city’s e-cigarette regulatory work in 2025 and during the 14th Five-Year Plan period, assess the current situation, and deploy the rollout of E-cigarette Regulatory System 2.0 across Shenzhen’s tobacco commercial system.

Apr.28 by 2FIRSTS.ai

Alberta Seeks to Add New Vape Restrictions on Top of Existing Tobacco Framework

Alberta Seeks to Add New Vape Restrictions on Top of Existing Tobacco Framework

A new Alberta bill aimed at reducing vaping rates, especially among young people, is moving into the legislative process. Bill 208, the Vaping Reduction Act, was introduced by United Conservative Party MLA Chelsae Petrovic and appears to build on the province’s existing Tobacco, Smoking and Vaping Reduction Act. Early reporting suggests the bill could focus on disposable vapes and impose further limits on youth access to vaping products.

Apr.15 by 2FIRSTS.ai

IMF Article Sets Out Three Principles: Cover All Harmful Products, Match Tax Rates to Harm, Improve Cross-Border Coordination

IMF Article Sets Out Three Principles: Cover All Harmful Products, Match Tax Rates to Harm, Improve Cross-Border Coordination

A March 2026 article in Finance & Development, “Taxing Harmful Habits,” argues that taxes on harmful products such as tobacco, alcohol and sugary drinks should better reflect the health harm they cause. The authors propose three principles: capture all harmful products, align tax rates with health harm, and strengthen cross-border coordination to reduce evasion and smuggling.

Mar.24 by 2FIRSTS.ai

Nearly 35.00% of Surveyed Retailers Shifted to Online Sales After Tighter Controls in Vietnam

Nearly 35.00% of Surveyed Retailers Shifted to Online Sales After Tighter Controls in Vietnam

A study of nearly 2,500 university students in Hanoi, Da Nang, Hue, and Ho Chi Minh City found that the average age of first use of e-cigarettes and heated tobacco products was 16.90. The findings were presented on April 9 in Hanoi. The study also found that 14.00% of students had tried e-cigarettes and 3.00% were current users, while the figures for heated tobacco were 6.00% and 0.80%. % of surveyed retail outlets moving to online sales.

Apr.10 by 2FIRSTS.ai

Related Topics

News

Related Read

Nicokick and zone Extend NASCAR Collaboration for April 19 Kansas City Race

Nicokick and zone Extend NASCAR Collaboration for April 19 Kansas City Race

Imperial Brands Pulls myblu Vape Business From U.S., Citing Prolonged FDA Approval Process

Imperial Brands Pulls myblu Vape Business From U.S., Citing Prolonged FDA Approval Process

Shenzhen Tobacco Monopoly Bureau Moves to Advance E-Cigarette Regulatory System 2.0

Shenzhen Tobacco Monopoly Bureau Moves to Advance E-Cigarette Regulatory System 2.0

Alberta Seeks to Add New Vape Restrictions on Top of Existing Tobacco Framework

Alberta Seeks to Add New Vape Restrictions on Top of Existing Tobacco Framework

IMF Article Sets Out Three Principles: Cover All Harmful Products, Match Tax Rates to Harm, Improve Cross-Border Coordination

IMF Article Sets Out Three Principles: Cover All Harmful Products, Match Tax Rates to Harm, Improve Cross-Border Coordination

Nearly 35.00% of Surveyed Retailers Shifted to Online Sales After Tighter Controls in Vietnam

Nearly 35.00% of Surveyed Retailers Shifted to Online Sales After Tighter Controls in Vietnam