+ Follow PHILIP MORRIS FORTUNE TOBACCO CORP Tag
PHILIP MORRIS FORTUNE TOBACCO CORP
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(
[ArticleID] => 2128428
[Title] => 7-month tobacco excise tax collections up 31% — DOF
[Summary] => The government recorded higher excise tax collection from cigarettes in the first seven months of the year, with two Big Tobacco firms paying hefty levies.
[DatePublished] => 2021-09-20 16:03:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1806886
[AuthorName] => Ramon Royandoyan
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2021/09/20/gen13-smoking-cigarette2018-12-0221-41-48_2021-09-20_15-00-51211_thumbnail.jpg
)
[1] => Array
(
[ArticleID] => 1527253
[Title] => PMFTC, government to curb illicit cigarette trade
[Summary] => Philip Morris Fortune Tobacco Corp. (PMFTC) has vowed to work closely with government and other market players to curb illicit trade in the cigarette industry.
[DatePublished] => 2015-11-29 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 1511097
[Title] => Oxford Economics study inaccurate, says BIR chief
[Summary] => BIR commissioner Kim J. Henares disputes a report that the government lost more than P22 billion in revenues due to rampant consumption of untaxed cigarettes, arguing the report is biased and inaccurate.
[DatePublished] => 2015-10-15 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 1486549
[Title] => LT Group wants sources of illicit cigarette trade known
[Summary] => The illicit trade of cigarettes, estimated to cost the government P10 billion in foregone revenues annually, will remain a headache to the Philippines unless sources of the illegal activity are pinned down, LT Group Inc. president Michael Tan said.
[DatePublished] => 2015-08-10 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 1435816
[Title] => LT Group net income plunges to P4.2 B
[Summary] => Net earnings of taipan Lucio Tan’s holding firm LT Group Inc. plunged more than half to P4.2 billion last year from P8.7 billion in 2013 due to the continuing difficult operating environment of its tobacco business.
[DatePublished] => 2015-03-21 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 1412603
[Title] => Philip Morris cuts 30% of its Marikina workforce
[Summary] => Struggling with slow sales, cigarette giant Philip Morris Fortune Tobacco Corp. (PMFTC) slashed more than 30 percent of its workforce in its manufacturing plant in Marikina as part of a restructuring plan to improve its overall operating efficiency and cost structure.
[DatePublished] => 2015-01-14 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 1406471
[Title] => BIR to cigarette firms: Pay excise tax differential before yearend
[Summary] => The Bureau of Internal Revenue has directed all cigarette manufacturers which have already purchased tax stamps to pay the differential between the existing and new tax rates on both locally-produced low-priced and high-priced brands on or before the end of the year.
[DatePublished] => 2014-12-26 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20141226/kim-henares-3.jpg
)
[7] => Array
(
[ArticleID] => 1394022
[Title] => Philip Morris still upbeat on Phl earnings potential
[Summary] => Global giant Philip Morris International Inc. (PMI) remains upbeat on the potential long-term growth of its earnings in the Philippines despite dwindling operating margins resulting from down trading or the switching by smokers to low-priced brands.
[DatePublished] => 2014-11-21 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 1393620
[Title] => PMFTC continues offensive strategy vs rival Mighty
[Summary] => Philip Morris Fortune Tobacco Corp. (PMFTC) refused to back down from its assertion that main rival Mighty Corp. allegedly committed “systemic and endemic” fraudulent business practices and should therefore be made to pay its fair share of taxes.
[DatePublished] => 2014-11-20 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 1384018
[Title] => Gov’t urged to take more action vs cigarette firm
[Summary] => Philip Morris Fortune Tobacco Corp. (PMFTC) wants the government to take further serious action against Mighty Corp. after the Senate Tax Study and Research Office (STSRO) came out with a report which uncovered “evidence of systematic and endemic fraud” committed by the Bulacan-based cigarette firm.
[DatePublished] => 2014-10-25 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
October 15, 2015 - 10:00am
August 10, 2015 - 10:00am
