It is estimated that illegal cigarettes make up over half of all cigarettes sold nationwide today, or six out of 10 sticks. — Reuters pic
Oxford Economics’ director of economic impact consulting, Europe and Middle East, Pete Collings, believes that the illegal cigarette trade will have a negative impact on Malaysia. The Oxford Economics analysis also claimed that illegal cigarettes make up over half of all cigarettes sold nationwide today, or six out of 10 sticks.
In comparison, Oxford Economics said just over one-third of cigarettes sold in Malaysia before the 2015 excise tax increase were illegal.
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