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Time for Gudang Garam?

Another hike on cigarette tax. I guess sales for Gudang Garam is going to take a significant hike too!

“This huge tax hike, which is eight times the level of inflation, will no doubt further encourage consumers to down-trade to illegal and exceptionally low-priced cigarettes.”

An analyst at TA Securities said: “Such increases usually happen during the budget presentation. I didn’t expect it to be in-between budgets.”

The Star Online





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  • ali allah ditta

    Go for ROKOK DAUN or CURUT or BIDI instead……

    cheers.

  • ali allah ditta

    Go for ROKOK DAUN or CURUT or BIDI instead……

    cheers.

  • http://www.meshio.com yowchuan

    Hey Ali, thanks for the tips! Any good sources for those? I don’t smoke, but I guess it’s a good tip for smokers!

    By the way, what are the nicotine percentage in those “replacements” you suggested?

    Like they always say, the smokers will always find a way to justify the price of the cigarettes…

  • http://www.meshio.com yowchuan

    Hey Ali, thanks for the tips! Any good sources for those? I don’t smoke, but I guess it’s a good tip for smokers!

    By the way, what are the nicotine percentage in those “replacements” you suggested?

    Like they always say, the smokers will always find a way to justify the price of the cigarettes…