The formal cigarette production sector suffered a huge blow in the last fiscal year, when prominent players like Pakistan Tobacco and Philip Morris Pakistan lost a major chunk of their cigarette volumes, especially in the value-for-money (VFM) segment, to duty-evading brands
Bloomberg, Bloomberg by Bloomberg (Wiley, 1997)
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She pointed out that cigarette smoking was "an example of how things can turn out if you don't nip these kind of issues in the bud", and warned the world was at risk of "repeating history" if it does not curb vaping soon
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