Tag: philippines

Christmas appeal

Christmas appeal

| December 18, 2017

A pro-health lobby group in the Philippines has called on smokers not to take their habit with them when they go to Christmas parties. Drinkers were not so advised.

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Taxes to rise in Philippines

Taxes to rise in Philippines

| December 14, 2017

Tobacco taxes in the Philippines will rise by just over eight percent during the first half of next year, and by just under eight percent during the second half of the year.

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Tax debate heats up

Tax debate heats up

| December 12, 2017

An anti-tobacco advocate in the Philippines has warned committee members who support an ‘insufficient’ five pesos rise in tobacco taxes that they will have blood on their hands if the rise is adopted.

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Taxes on taxes on taxes…

Taxes on taxes on taxes…

| December 11, 2017

The more that governments denigrate tobacco consumption, the more they are able to use the industry as a tax milch cow, even to the detriment of impoverished farmers and farm laborers.

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Call for excise tax hike

Call for excise tax hike

| November 27, 2017

What is the difference between banning cigarettes and raising the excise tax on them so that their prices become unaffordable?

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Mighty rise in tax receipts

Mighty rise in tax receipts

| November 9, 2017

The Philippines’ Department of Finance says that it expects JTI Philippines to pay about P2 billion more a month in taxes than was paid by the company it took over, Mighty Corporation.

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BAT leaving Philippines

BAT leaving Philippines

| November 6, 2017

Given BAT’s small-scale operation in the Philippines, the highly consolidated nature of the market there and the lack of inorganic opportunities, the company is taking its leave.

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Tax-stamp roll-out deferred

Tax-stamp roll-out deferred

| October 12, 2017

The tweaking of the security features on new tax stamps in the Philippines is delaying their deployment.

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Double vision on taxes

Double vision on taxes

| October 11, 2017

Doubling the tax on cigarettes would undoubtedly be a body blow to smokers in the Philippines, but it might also take the wind out of government revenues.

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Mighty tax case closed

Mighty tax case closed

| October 9, 2017

Three tax evasion complaints against Mighty Corporation have been withdrawn following an agreement under which the Philippines’ government is to be paid about P40 billion.

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Mighty muddle

Mighty muddle

| September 27, 2017

The Philippines’ cigarette-tax-stamp supplier was apparently not expecting the rush of orders that ensued after the takeover of Mighty Corp by the Japan Tobacco group.

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New tobacco floor prices

New tobacco floor prices

| September 22, 2017

New minimum tobacco prices that will be in force for the next two sales seasons are too low for growers and too high for buyers. So what’s new?

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Mighty little market impact

Mighty little market impact

| September 19, 2017

It might have been a Mighty acquisition, but Japan Tobacco Inc.’s purchase of the Philippines’ only major indigenous manufacturer has had little impact on the balance of the market.

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Smokers have rights too

Smokers have rights too

| September 11, 2017

Restrictions on where people may smoke in the Philippines are not well understood by some of those charged with enforcing those restrictions.

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Deadlock over leaf prices

Deadlock over leaf prices

| September 8, 2017

It doesn’t seem to make much sense to hold down leaf prices – perhaps below the cost of production – because cigarette manufacturers are holding too much stock.

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JT’s Mighty deal completed

JT’s Mighty deal completed

| September 8, 2017

The acquisition of Mighty Corporation by Japan Tobacco Inc largely brings to an end a ‘disruptive’ period in the history of the Philippines’ cigarette market.

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Leaf production down

Leaf production down

| September 7, 2017

Dissatisfaction with the grading system in the Philippines is apparently causing some tobacco growers to reduce their plantings.

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Growers told to up quality

Growers told to up quality

| September 7, 2017

One of two stories published in the Philippines yesterday suggests that growers can earn more by improving leaf quality, while the second suggests that graders might downgrade their leaf.

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JT acquires Mighty Corp

JT acquires Mighty Corp

| August 22, 2017

With the acquisition of Mighty Corporation, the Japan Tobacco group has become the second largest tobacco company in the Philippines, the 10th largest tobacco market.

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Schools show the way

Schools show the way

| August 3, 2017

Schools in the Philippines are taking a lead role in enforcing a public-places, tobacco-smoking ban that came into effect in May.

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