Phillip Morris Malaysia Invests $1.25B in New Tobacco Production

Aug.08.2024
Phillip Morris Malaysia Invests $1.25B in New Tobacco Production
Phillip Morris Malaysia invests $1.25 billion in new tobacco products, aiming for a smoke-free future, says company spokesperson.

According to the Malaysian news outlet Sarawak Tribune, Veronica Choo, the Corporate Affairs Director of Phillip Morris Malaysia Sdn Bhd (PMM), recently mentioned that the company has invested a total of 1.25 billion US dollars in research and development for the production of new tobacco products.


Veronica Chu expressed during her sharing session with media professionals that she is embarking on a journey towards a smoke-free future.


We have converted 36.5 million adult smokers to our new tobacco product. Therefore, our goal is clear, which is to ensure a smoke-free future.


However, Veronica Zhu also pointed out that without effective government policies, reducing the number of future smokers will become difficult. She emphasized the need to develop innovative policies and regulations based on scientific findings to ensure the goal of reducing the number of smokers is achieved.


She added that Japan is currently using a new type of tobacco, which has been linked to the decrease in cigarette sales. All of this is credited to the country's better regulations. Therefore, today we must ask ourselves how to maximize the public health benefits by creating better alternatives through innovation.


We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Michigan Cannabis Company Recalls 26,000 Vape Cartridges Over Banned Additive in Oil
Michigan Cannabis Company Recalls 26,000 Vape Cartridges Over Banned Additive in Oil
The Michigan Cannabis Regulatory Agency (CRA) announced on August 12 that Sky Cannabis must recall 26,000 cannabis vape cartridges found to contain the prohibited additive MCT oil. The affected products were sold after November 1, 2024, and the recall involves six product types. This marks Michigan’s second product recall in 2025, while nationwide such recalls often fail to recover already sold products due to slow response times.
Aug.14 by 2FIRSTS.ai
Malaysian Vaping Association: Total E-Cigarette Ban Ineffective, Calls for Stronger Regulation and Enforcement
Malaysian Vaping Association: Total E-Cigarette Ban Ineffective, Calls for Stronger Regulation and Enforcement
The Malaysian vaping industry urges regulation over a total ban, arguing that strict enforcement under current laws is more effective in curbing misuse and protecting public health. They warn a ban could push consumers to the black market and harm legal businesses.
Jul.29 by 2FIRSTS.ai
Ireland Finds "Nicotine-Free" E-Cigarettes Contain Nicotine; Involves McKesse, JNR, and Crystal Brands
Ireland Finds "Nicotine-Free" E-Cigarettes Contain Nicotine; Involves McKesse, JNR, and Crystal Brands
Ireland’s HSE found some “nicotine-free” e-cigarettes contain nicotine, misleading consumers and risking addiction. The products were seized, and a warning issued. Experts warn nicotine addiction is underestimated, and health impacts remain unclear.
Aug.01 by 2FIRSTS.ai
Montgomery County, U.S., Receives $1.3 Million from JUUL Settlement for Youth Support Programs
Montgomery County, U.S., Receives $1.3 Million from JUUL Settlement for Youth Support Programs
Montgomery County, Maryland, will use over $1.3 million from the JUUL and Altria settlement to fund youth mental health and substance abuse prevention programs, including soccer coaching and vaping cessation initiatives, with a focus on communities heavily impacted by e-cigarette use.
Jul.30 by 2FIRSTS.ai
Australias Pharmacies Sell Less Than 170 E - Cigarettes Daily, Over 7M Illegal E - Cigarettes Seized in 2024
Australias Pharmacies Sell Less Than 170 E - Cigarettes Daily, Over 7M Illegal E - Cigarettes Seized in 2024
After Australia's strict e-cigarette ban, legal sales are under 170 daily, but over 7 million illegal e-cigarettes were seized in 2024. The ban spurred black market growth. 18% of 18 - to 24 - year - olds still use e-cigarettes.Experts call for better law enforcement and supply system.
Jul.02 by 2FIRSTS.ai
ITM Secures Order for KT&G’s New Heated Tobacco Product Lil Hybrid 4.0, Set to Launch in 2026
ITM Secures Order for KT&G’s New Heated Tobacco Product Lil Hybrid 4.0, Set to Launch in 2026
ITM Semiconductor has secured an order for KT&G’s new heated tobacco device “Lil Hybrid 4.0,” set for 2026 launch. The upgraded product offers faster charging, shorter preheat time, larger liquid capacity, and cartridge level display. ITM aims to expand its product line and reinforce its role as KT&G’s top device supplier.
Jul.28 by 2FIRSTS.ai