The headline for Tuesday 26 Apr is about the illicit cigarettes in Malaysia. Malaysia has became the no 1 country in the world with the highest trading on illegal cigarettes.
The people smokes a staggering nine billions sticks of illegal cigarettes annually. The problems is not only limited to the lost of earning but it had many more surprises.
1. Shocking contents of the fake clones - Many unsuspecting smokers think that they had a bargain, a cigarettes minus the high cost, but what they do not know is the harm these clones can bring about.
2. The customs estimates billion $$ of tax money had gone missing.
Read More about it..
Apr 26, 2011 ... KUALA LUMPUR: Malaysians smoke a staggering nine billion sticks of illicit cigarettes each year, which means that almost four out of 10 ...
thestar.com.my/news/story.asp?file=/2011/4/26/nation/20110426082729&sec=nation
Malaysians smoke nine billion sticks of illegal cigarettes every year
KUALA LUMPUR: Malaysians smoke a staggering nine billion sticks of illicit cigarettes each year, which means that almost four out of 10 cigarettes smoked here are illegal.
Such cigarettes, which contain high levels of tar and nicotine, have become a growing scourge in Malaysia so much so that the country has become the world's No. 1 country in the trading of illicit cigarettes.
It is also costing the Government up to RM2bil in lost revenue from taxes.
A recent report by Goldman Sachs, the global investment bank, revealed astonishing details on the extent of the illegal trade. Full story in The Star today
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