date:Feb 12, 2019
that the local context is also important, as the prevailing form of illicit tobacco in Singapore is that of genuine but duty-unpaid cigarettes, as opposed to counterfeit cigarettes.
Due to the relatively small Singapore market for cigarettes, counterfeit cigarette manufacturers are not incentivised to counterfeit cigarettes for sale in Singapore, he said.
Mr Tong added that the contribution of standardised packaging to down-trading is likely to only be a modest one. Any impact that down-tradin