cigarette price increase until when in singapore 2026 Budget 2026: Smokers to pay more for tobacco products as 20% tax hike kicks on Feb 12 Budget 2026: Tobacco excise duty

Budget 2026: Tobacco excise duty raised by 20% to curb smoking CNA All tobacco products in Singapore will be hit with a 20% increase in excise duty starting today. The move is aimed at reducing tobacco consumption, said Prime Minister and Finance Minister Lawrence Prime Minister Lawrence Wong announced a 20 per cent increase in tobacco excise duty, across all tobacco products, in his Budget Speech of 2026. This will take place with effect from today (Feb. 12, 2026). Singapore will implement a 20 per cent increase in excise duty across all tobacco products from Feb. 12. This will discourage the consumption of tobacco products, said Prime Minister Lawrence Wong during

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