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The Last Gasp; The Tobacco Industry
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 399 no. 8727 (Apr. 2011)
,
page 60.
Topik:
Tobacco Industry
;
Cigarettes
;
Bans
;
Economic Impact
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.65
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Strict regulation and the success of anti-smoking campaigns continue to hit tobacco firms' revenues in rich countries. In the biggest developing countries--China and India--governments are keen to protect local firms from Western cigarette-makers. That leaves Big Tobacco with few large markets that have growth potential and a relative lack of regulation. And of these, South-East Asia looks the most promising over the coming decade. Growing and selling tobacco contributes perhaps 10% of the Indonesian government's revenues and provides millions of jobs. Roger Quarles, president of the International Tobacco Growers' Association, points out that one of the government's main goals is that those people stay employed, even if it's at low education levels, in part to avoid public disorder. So, Mr Quarles reckons, a crackdown on the industry is highly unlikely in Indonesia. The biggest Western firms are diving in. Philip Morris International (PMI) bought Indonesia's Sampoerna for $5 billion in 2005, and now controls 30% of the market; the firm says it is "optimistic" about its prospects in the region.
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