TTL raises the prices of Taiwan Beer, cigarettesStaff writer, with CNATaiwan Tobacco and Liquor Corp (TTL) yesterday said that it has increased the recommended retail price of Taiwan Beer and its own-brand cigarettes due to rising raw material costs. TTL said it had raised the recommended retail price of Taiwan Beer products — Gold Label, Classic and 18 Days Draft — by NT$5 (US$0.16) per bottle or can, effective from Tuesday last week. In addition, the recommended retail price of TTL cigarettes has been raised by between NT$5 and NT$10 per pack, the state-owned company said. Cans of Classic Taiwan Beer are pictured in Taichung in an undated photograph. The latest price hike comes two months after TTL raised the price of kegs and bottles of Taiwan Beer products by 1 to 2 percent for large wholesalers and by 3 to 7 percent for small wholesalers.
