By Daxim L. Lucas
The enactment of the Sin Tax Reform Law pushed up the prices of cigarettes made by Philip Morris Fortune Tobacco Corp. (PMFTC)—the country’s largest tobacco firm—beyond the reach of those from the lower economic strata.
By Ronnel W. Domingo
Cigarette maker Philip Morris Fortune Tobacco Corp. (PMFTC) on Friday appealed to its distributors and retailers to sell its products at pre-sin tax recommended retail prices, saying it has not yet raised the prices of its cigarette products.
By Tina Dumlao
Philip Morris Fortune Tobacco Corp. has suspended Robert Blair Carabuena, who was videoed slapping a traffic enforcer of Metro Manila Development Authority during an altercation on August 11.
By Riza T. Olchondra
British American Tobacco will hold back its investments worth $200 million until the amended version of the excise tax reform law gets passed, company officials said in a briefing Thursday.