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Headlines Tagged with Philippines 2,642 headlines found

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[Asia-pacific, Philippines] Tobacco biz boosts LT Group profit to P6.83B

Tycoon Lucio Tan-led LT Group Inc. (LTG) posted a 9-percent year-on-year growth in net profit to P6.83 billion in the nine months to September period, driven mostly by higher earnings from its tobacco business. The tobacco business under PMFTC Inc. acco
Philippine Daily Inquirer (ph)
added Nov 12, 2017 01:50
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[Asia, Asia-pacific, Philippines] Social Watch PH seeks unitary hike of tobacco sin tax at maximum level

Social Watch Philippines urged the Philippine Senate on Wednesday to approve legislation for a unitary increase of tobacco sin tax at the maximum level. This, said SWP, should be a deliberate action to curb smoking especially among the youth, decrease hea
InterAksyon.com (TV 5) (ph)
added Nov 11, 2017 21:01
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[Asia-pacific, Philippines] British American Tobacco quits PH business

will close its Philippine operations by the end of December this year amid “difficult environment”... Manila Bulletin Business sources confirmed that BAT Philippines started winding down operations after Japan Tobacco International (JTI) acquired Mighty f
Manila Bulletin (ph)
added Nov 7, 2017 05:36
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[Asia, Asia-pacific, Philippines] Japan Tobacco keen on expanding presence, eyes PH as ASEAN hub – Dominguez

which recently bought homegrown Mighty Corp. and allowed the latter to pay a P30-billion tax liability to the Philippine government, is keen on expanding its business in the country, according to Finance Secretary Carlos Dominguez III.
InterAksyon.com (TV 5) (ph)
added Nov 1, 2017 02:37
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[Asia-pacific, Philippines] Strengthening Marawi’s health system Duque’s priority

“We are looking forward to working harmoniously with him, especially in our current move to include higher tobacco tax in TRAIN (Tobacco Reform for Acceleration and Inclusion),” Limpin added.
Philippine Star (ph)
added Oct 29, 2017 15:51
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[Asia-pacific, Philippines] DOF expects higher sin tax collection in 2018

The Department of Finance (DOF) expects revenues from the so-called “sin” products would sustain their growth pace next year as the government intensifies its programs against illicit cigarette trade.
Manila Bulletin (ph)
added Oct 14, 2017 16:09
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[Asia-pacific, Philippines] Tobacco-producing LGUs to get P29.5 billion in excise tax shares

The Department of Budget and Management has ordered the release of a total of P29.5 billion to tobacco-producing provinces, cities and towns as part of their share from excise taxes collected in 2011, 2014 and 2015. Local Budget Memorandum No. 76 signed
Philippine Daily Inquirer (ph)
added Oct 10, 2017 20:54
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[Asia-pacific, Philippines] Pacquiao seeks to double tobacco tax rate

The boxer-turned-senator was awarded the first anti-smoking champion belt by the Bawas Bisyo Youth for Sin Tax Movement for filing the measure
Philippine Star (ph)
added Oct 10, 2017 20:52
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Philippines tobacco giant pays $586 mn to settle tax case

President Rodrigo Duterte ordered the finance department to accept a settlement, under which Mighty, which has 23 percent of the local cigarette market, would drop out of the tobacco business +1 President Rodrigo Duterte ordered the finance department to
AFP - Agence France Presse (fr)
added Oct 9, 2017 15:17
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[Asia-pacific, Philippines] LGUs warned on potential vulnerability to tobacco industry

Local government units (LGUs) were warned by a public health policy think tank on their potential vulnerability to tobacco industry interference.... HealthJustice Philippines, in its study titled “Countering Tobacco Industry Interference at the Local Lev
Manila Bulletin (ph)
added Oct 8, 2017 10:29
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