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Smoking: Research shows its lasting effect after quitting
Researchers are still discovering how smoking continues to harm people’s health even years after they quit, with a new study on Wednesday revealing tobacco’s lasting effect on the immune system. Despite the tobacco industry long fighting to conceal the dangers of smoking, tobacco is now known to kill more than eight million people globally a.....»»
Philippines to intensify measures vs tobacco use
The Philippines has vowed to intensify its measures against tobacco use, in line with an international treaty that seeks to address what it called the “tobacco epidemic.” .....»»
Excise tax on single-use plastics to yield P34 billion
The move to slap excise taxes on single-use plastics is seen generating P34 billion for the government and curbing the increasing mismanagement that contributes to overall pollution......»»
BIR eyes P325 billion from excise taxes
The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»
Excise tax collection declines to P292 billion
Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»
PMI eyes use of Philippines tobacco in smoke-free products
Philip Morris International plans to use locally produced tobacco leaves in its smoke-free products following the inauguration of the P8.8-billion expansion of its local affiliate’s factory......»»
10 Indonesians with P398M tobacco products aboard vessel nabbed in Tawi-Tawi
ZAMBOANGA CITY (MindaNews / 22 February)—Ten Indonesian nationals with P398 million worth of undocumented tobacco products were apprehended on February 1 in the sea off Tawi-Tawi, belated reports from the Naval Forces Western Command (NFWM) said. Lt. Chester Ross Cabaltera, public affairs officer, said in a press release and subsequent phone interview that the National […].....»»
Philippines urged to prioritize health over trade at global tobacco control talks
Delegates from around the world gather in Panama this week for the 10th Conference of the Parties (COP10) to the World Health Organization Framework Convention on Tobacco Control......»»
Digital TIN IDs issued reaches 100,000
he Bureau of Internal Revenue has issued 100,000 tax identification number IDs in digital form as more Filipinos opt out from lining up at district offices......»»
LTO hikes penalties for erring car dealers, importers
LTO hikes penalties for erring car dealers, importers.....»»
Nestle, Danone see price hikes slowing after years of sharp increases
LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee. But Danone, which owns brands including Evian and Badoit waters and Activia.....»»
Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»
Recto bats for tax, tariff relief for hybrids
Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»
DOF limits tax-exempt status for pickup trucks
The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»
PMFTC elects new president
Cigarette manufacturer PMFTC Inc., the local affiliate of US-headquartered tobacco giant Philip Morris International (PMI), will have a new president beginning May 1, the LT Group Inc. (LTG) announced yesterday......»»
Tobacco output seen surpassing 42 million kg this year
The country’s tobacco production this year could expand to a three-year high of over 42 million kilograms on the back of higher demand and better prices, the National Tobacco Administration (NTA) said......»»
LT Group income slightly up in 2023
Earnings of tycoon Lucio Tan’s LT Group Inc. saw a slight improvement last year as higher contributions from its banking, liquor and property units offset the slowdown in the tobacco business......»»
JTI named top employer in Philippines for 3rd straight year
Japan Tobacco International has been named as a top employer in the Philippines for the third year in a row......»»
For 5th time, Philippines gets ‘Dirty Ashtray’ award
For the fifth time, the Philippines has received the “Dirty Ashtray” award for “blocking” global tobacco control efforts......»»
Restricting minors’ access to vape pushed
MANILA, Philippines — Health Secretary Teodoro “Ted” Herbosa on Tuesday called for stricter enforcement of regulations to prevent minors from accessing tobacco products, especially vape. Herbosa cited that while minors are not legally allowed to purchase such products, many of them can still be seen using them. “Technically, by law, 18 years old and above.....»»