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Philip Morris: No price hike yet

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A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

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.

Posted: January 5th, 2013 in Latest Business Stories | Read More »

Philip Morris suspends exec who beat traffic enforcer

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Screengrab from Youtube.com

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.

Posted: August 16th, 2012 in Latest Business Stories | Read More »

$200-M investment shelved for now–BAT

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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.

Posted: July 12th, 2012 in Headlines | Read More »

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