SRI LANKA’S LEADING TOBACCO COMPANY REMAINS UNDETERRED AMIDST RELENTLESS HOSTILITIES
May 1st, 2010
BY MUNZA MUSHTAQ
THE TOBACCO industry in Sri Lanka is facing tough times. With increasingly hostile anti-tobacco regulations and a burgeoning illicit market, a public promise was made last summer by the now re-elected and powerful Sri Lankan President Mahinda Rajapaksa to eradicate tobacco consumption from his island nation by 2015.
Despite this, the country's leading cigarette manufacturer, the 78-year-old Ceylon Tobacco Company (CTC) remains bullish about its future. Part of the reason is that, despite the recession, the CTC showed impressive income, year ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.