Tuesday, 7th August , 2018, 09:41 pm,BDST
Print Friendly, PDF & Email

Japan Tobacco Inc: Bringing more money and deaths into the country



Lastnewsbd, 7th August, Dhaka: Government of Bangladesh is welcoming the world’s leading death- trader, Japan Tobacco (JT) group into the country to conduct its business in the name of brining foreign direct investment (FDI). The govt. has permitted this multinational tobacco giant to acquire United Dhaka Tobacco Company Limited (UDTC), the tobacco business of local Akij group, for BDT 124.3 billion ($1.47 billion), as per the agreement signed between these two companies. This move which will eventually put the public health of the country into a larger risk is utterly reprehensible. Multinational tobacco companies adopt product diversification and aggressive marketing strategy to occupy the local market. The youth of the country, in particular, often get attracted to their cunning publicity and marketing strategy. Currently, the youth consist 31 percent of total population of Bangladesh. So, this young generation is the mail target of JT, the fourth largest tobacco company of the world.

JT group, while expanding its market into new territories, puts forth the issue of selling so-called ‘safe’ tobacco vapor or e-cigarettes. But in reality, the sole purpose of its business is to create a much larger market for cigarettes. It should be noted that, the sale of cigarettes in Japan is rapidly shrinking and JT’s business in the local market of Japan has saw a decrease of 5.1 percent. Japan’s has just introduced a set of stern tobacco control regulations in recent months, penalizing public smoking heavily which has caused quite a sit. The expansion of JT’s business into other countries with lax tobacco control and govt. mentoring is thought to be a move to offset the shrinking sales at home. This is why Bangladesh, the world’s 8th largest cigarette market, has become a major target place for the company. Each year about 160,000 people of the country die of diseases caused by tobacco use; hundreds of thousands get sick. Realizing the damage caused by tobacco, The PM of Bangladesh has expressed her commitment to transform Bangladesh into a tobacco-free country by 2040. But the move of welcoming a new tobacco giant to expand its trade into the country is quite contrary to this commitment.

 

 

Print Friendly, PDF & Email
Print Friendly, PDF & Email

Comments are closed

bsti
exim bank
পেপার কর্ণার
Last News BD
islame bank
অনলাইন জরিপ
আজকের প্রশ্ন >

Do you think BNP will participate coming election?

View Results

Loading ... Loading ...
আর্কাইভ
August 2018
S S M T W T F
« Jul   Sep »
 123
45678910
11121314151617
18192021222324
25262728293031
মতামত
সাক্ষাৎকার
জেলার খবর
Rangpur

    রংপুরের খবর

  • Structures Rongpur power plant have been tilted
  • Northern district is not militant free: IGP
  • "We are the opposition party": Ershad
  • Another Bangladeshi killed by BSF in Kurigram
  • Police arrested 58 people from several upazilas
  • AL leader murdered in Natore
  • 123km human chain against militancy
  • Priest murder accused held in Sholakia: Police
  • 3 of a family electrocuted in Lalmonirhat
  • Truck, Covered Van collision kills 2 at Rupnagar

Do you think BNP will participate coming election?

  • yes (76%, 13 Votes)
  • no (18%, 3 Votes)
  • no comment (6%, 1 Votes)

Total Voters: 17

Start Date: December 17, 2017 @ 5:58 pm
End Date: No Expiry

Will you agree with the statement of BNP general secretary Mirza Fakhrul Islam Alamgir that Government try to give big budget to cut pockets of the hostage people?

  • yes (80%, 8 Votes)
  • no (20%, 2 Votes)
  • no comment (0%, 0 Votes)

Total Voters: 10

Start Date: May 31, 2017 @ 8:43 pm
End Date: No Expiry

Do you think dialogue with president will be beneficial for political party's?

  • yes (63%, 5 Votes)
  • no (25%, 2 Votes)
  • no comment (12%, 1 Votes)

Total Voters: 8

Start Date: December 17, 2016 @ 2:00 am
End Date: No Expiry

How Is My Site?

  • Good (0%, 0 Votes)
  • Excellent (0%, 0 Votes)
  • Bad (0%, 0 Votes)
  • Can Be Improved (0%, 0 Votes)
  • No Comments (100%, 0 Votes)

Total Voters: 0

Start Date: December 17, 2016 @ 1:55 am
End Date: No Expiry