FREE: Would it be fair to conclude that BAT would still continue to gain if the illegal market continues to burgeon as some of its own brands too will find its way there? Meantime, by prempting the government and increasing prices for cigarettes, is it hoping that the government will not raise excise duties?
A strange hike by BAT
www.kinibiz.com
This morning, just as Tiger got down to starting another week, a piece of news crossed Tiger’s lap. British American Tobacco (Malaysia) Bhd (BAT) is hiking the price of its brands by RM1, effective today! At first, Tiger rejoiced at the notion, with the belief that if these cancer sticks were more e…
