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Juul said in a statement to Reuters it is “proactively learning more” and engaging with local officials in Asia “to understand and hear their views.” It does not have immediate plans to launch in any Asian country, it said. Juul spokeswoman Victoria Davis declined to elaborate. Indonesia is one of only a handful of United Nations member states that has not signed on to the World Health Organization’s global treaty that sets standards for tobacco control. Roughly two-thirds of Indonesian men smoke tobacco daily, and more than 21 percent of boys aged 13-15 smoked cigarettes regularly, according to a WHO report last year.

E-cigarettes, available in Indonesia since at least 2013, are a small but growing market, The customs office estimated there are about 300 silver knot cufflinks unsupervised liquid makers known as brewers in Indonesia, producing various liquid products to more than 4,000 vape stores and 900,000 smokers, Philip Morris International Inc (PM.N), maker of Marlboro cigarettes, which now controls about a third of Indonesia’s market through its stake in Sampoerna, does not offer any of its non-combustible cigarette products in Indonesia..

That includes its IQOS device, a heat-not-burn tobacco product, according to a company spokesman, who declined to comment on why it has not introduced the product. In October, the government imposed a 57 percent tax on electronic-cigarette liquids, on par with taxes on traditional cigarettes. But tax collection, particularly from smaller companies, is difficult in Indonesia and new rules are often ignored. Juul now commands nearly 75 percent of U.S. e-cigarette market share, up from 13.6 percent in early 2017, according to a Wells Fargo analysis of Nielsen retail data.

Its products, like most electronic cigarettes, vaporize a liquid containing nicotine, One Juul pod contains as much nicotine as silver knot cufflinks a traditional pack of 20 cigarettes, according to the company’s U.S, marketing, Juul liquid in the U.S, has a nicotine concentration of 59 milligrams per milliliter, much higher than the liquids typically sold in earlier versions of e-cigarettes and nearly three times the allowable limit in the European Union, In August, Israel banned Juul devices with nicotine concentration of more than 20 mg/mL, citing “a grave risk to public health.” Juul is appealing that decision and currently offers a lower nicotine-strength electronic cigarette in Israel..

In September, the U.S. Food and Drug Administration opened an investigation into Juul and other electronic cigarette companies, citing the rising number of teens who appear to be using Juul and other vaping devices. This week it is expected to issue a ban on fruit and candy-flavoured e-cigarettes sold in convenience stores and gas stations. In its statement to Reuters, Juul said its products are intended for adult use only, and that it aims to “improve the lives of the world’s one billion adult smokers” by providing an alternative to cigarettes.

SYDNEY (Reuters) - An Australian court refused on Tuesday to approve a record A$35 million ($25 million) fine imposed on Westpac Banking Corp (WBC.AX) by the corporate regulator for using inappropriate calculations to determine if customers could afford home loans, The decision is a further blow to the Australian Securities and Investments Commission (ASIC), after a public inquiry into the financial sector found silver knot cufflinks it had failed to stop systemic wrongdoing by the major banks, ASIC’s announcement in September that Westpac had agreed to pay the fine was seen as a badly needed victory for the regulator as it attempts to rebuild its reputation as a tough cop on the beat..

But Federal Court Judge Nye Perram declined to allow the penalty on the grounds that ASIC had failed to prove the bank’s wrongdoing and had not demonstrated how it had calculated the fine. “It is unworkable to assess the reasonableness of the penalty if it is not known what is to be penalized,” Perram said in a written judgment. “The court should not be expected to approve a record penalty without being told why. I accept the need for the court to encourage settlements in this area but the desirability of doing so does not permit the court to become a rubber stamp.”.

An ASIC spokesman said the regulator was reviewing the judgment and declined to comment further, A Westpac spokesman was not immediately available for silver knot cufflinks comment, On Nov, 9, in a separate matter, another federal court judge rejected ASIC’s argument that Westpac should be fined A$58 million for inappropriately handling negotiations of a key bank rate, The judge in that case said Westpac should pay just A$3.3 million, the amount the bank had offered to pay, Westpac shares were down 5.4 percent on Tuesday morning, in a weaker overall market, after trading ex-dividend..



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