^
+ Follow FORTUNE TOBACCO CORP Tag
FORTUNE TOBACCO CORP
Array
(
    [results] => Array
        (
            [0] => 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] => ) [1] => Array ( [ArticleID] => 1398357 [Title] => PMFTC to invest P2.2 B in Mindanao [Summary] =>

Philip Morris Fortune Tobacco Corp. (PMFTC), the country’s largest cigarette maker, remains in investment mode with plans to infuse about $50 million (around P2.2 billion) in fresh capital to expand its Virginia tobacco leaf production in Mindanao.

[DatePublished] => 2014-12-03 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1385568 [Title] => Senate tax study kinatigan ng BOC officials at NTA [Summary] =>

Kinatigan ng dalawang opisyal ng gobyerno ang natuklasan ng Senate Tax Study and Research Office (STSRO) na nagkaroon ng pag-abuso at nagtangkang umiwas sa pagbayad ng excise tax sa sigarilyo ang isang local cigarette manufacturer.

[DatePublished] => 2014-10-29 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097275 [AuthorName] => Malou Escudero [SectionName] => Bansa [SectionUrl] => bansa [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140620/BOC-logo-4.jpg ) [3] => Array ( [ArticleID] => 1342886 [Title] => Philip Morris still bullish despite illicit tobacco trade [Summary] =>

Global cigarette giant Philip Morris International (PMI) remains optimistic about its prospects in the Philippines even as it continues to face problems in fighting illicit tobacco trade.

[DatePublished] => 2014-07-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 1268505 [Title] => BIR won’t reclassify premium cigarets to low-tier brands [Summary] =>

The Bureau of Internal Revenue has thumbed down a proposal to reclassify premium brands to low tier cigarettes.

[DatePublished] => 2013-12-16 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 959409 [Title] => BAT joins call for stricter monitoring of illicit cigarettes [Summary] =>

British American Tobacco (BAT), the maker of Lucky Strike cigarettes, has joined calls for stricter monitoring of illicit trade of cigarettes, which has grown to epic proportions and is seen to cost the Philippine government some P8 billion in potential revenues.

[DatePublished] => 2013-06-29 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 931838 [Title] => LT Group raises P38B in biggest follow-on share sale [Summary] =>

The investment holding firm of the country’s second-richest man Lucio Tan has secured roughly P38 billion in the largest follow-on share sale of a Philippine company.

[DatePublished] => 2013-04-18 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 928822 [Title] => LT Group P30-B share sale enjoying brisk demand from foreign investors [Summary] =>

The roughly P30-billion overseas share sale of tycoon Lucio Tan’s flagship holding firm is enjoying robust demand from foreign investors.

[DatePublished] => 2013-04-10 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 928422 [Title] => LT Group launches follow-on offering [Summary] =>

LT Group Inc., the flagship holding firm of tobacco, beer and airline magnate Lucio Tan, launched yesterday its overseas follow-on offering.

[DatePublished] => 2013-04-09 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 922138 [Title] => UN concerned over tobacco fair in Philippines [Summary] =>

The World Health Organization has expressed concern that the Philippines is encouraging smoking by hosting one of the world's largest tobacco trade shows.

[DatePublished] => 2013-03-20 19:54:54 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) ) )
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