Hong Kong Poised to Hike Cigarette Taxes
Hong Kong authorities are likely to announce a steep rise in the price of cigarettes next year, reports The Standard. In an attempt to cut smoking prevalence to 7.8 percent by 2025 from 10.2 percent today, the special administrative region wants to increase the price of a pack of cigarettes to HKD100 ($12.82) from HKD59, Hong...