“British American Tobacco (M) Bhd (BAT) has confirmed that it will introduce its vapes under the Vuse brand in the Malaysia market once the regulatory framework for the product category is finalised. CGS-CIMB’s analyst Kamarul Anwar said in a note yesterday that the tobacco group announced its planned foray into this growing market at a recent analyst briefing, which took place after the Budget 2021 tabling where it was announced that the government will impose an excise duty of 10% on electronic and non-electronic cigarettes, as well as 40 sen/ml on all e-cigarette and vape liquids from Jan 1 next year.”
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BAT confirms it will enter Malaysian vape market once regulatory framework firms up
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