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18,562 results for “Tobacco tax losses”
San Ildefonso, Ilocos Sur institutionalizes enforcement against illicit tobacco and vapor products under Municipal Ordinance No. 06-2026.
LT Group Inc. posted a record P17.03 billion attributable net income in the first half of 2026, up 14 percent year-on-year, driven by stronger earnings from…
LT Group posts a record P17.03-billion attributable net income in the first half of 2026, up 14 percent as its banking and tobacco businesses deliver stronger…
The Philippines has lost an estimated P141 billion in revenue in just two years as illicit tobacco and illegal e-vapes dominate the market, a new EU-ASEAN and…
DOF says suspending excise taxes on petroleum products could result in P43.6 billion in revenue losses over three months, even after VAT gains, with officials…
The Department of Finance projects that suspending excise tax and VAT on petroleum products could help temper inflation caused by the Middle East oil crisis,…
Carlson has left Manila, closing a posting that coincided with the most consequential reset in US-Philippine relations in more than a decade.
A new study by Action for Economic Reforms (AER) and Johns Hopkins reveals that weak law enforcement—not high taxes—is driving the illegal cigarette trade in…
The Sandiganbayan convicted former Narvacan mayor Zuriel Zaragosa of graft over the misuse of ₱81 million in tobacco excise taxes meant for farmers. While his…
The economist lauded the Philippines’ approach to taxing novel tobacco and nicotine products like heated tobacco products and nicotine pouches but underscored…
Smokers had to look for cheaper alternatives. The situation is so bad that some retailers in Mindanao are selling a pack of illegal cigarettes at P35.