BEAMSTART Logo

HomeNews

‘Taxes fail to curb illicit tobacco rate’

Business Mirror LogoBusiness Mirror12h ago

‘Taxes fail to curb illicit tobacco rate’ - Business Mirror

Quick Summary:

THE group of cigarette-makers and distributors pointed out that the government’s move to increase taxes on tobacco has failed to curb the incidence of illicit tobacco, which they said may soon spiral beyond control.

Central Luzon also remains a key hotspot for illicit tobacco, led by Bataan reporting 63 percent illicit tobacco incidence, while Pampanga and Tarlac registered 20.2 percent and 17.5 percent, respectively.

Under Republic Act (RA) 11346, 50 percent of tobacco excise taxes should be allocated to health initiatives, including those of the Department of Health (DOH) and the Philippine Health Insurance Corporation (PhilHealth).


More Pictures

‘Taxes fail to curb illicit tobacco rate’ - Business Mirror (Picture 1)

or

Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 16:07:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 884 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 28682150

View Article Analysis

About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 65 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "‘Taxes fail to curb illicit tobacco rate’" has 884 words across 28 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Which news outlet covered this story?

The story "‘Taxes fail to curb illicit tobacco rate’" was covered 12 hours ago by Business Mirror, a news publisher based in Philippines.

How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news.

The outlet is headquartered in Philippines and publishes an average of 65 news stories per day.

It's most recent story was published 12 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #28682150
  • URL: https://tessjds.beamstart.com/news/taxes-fail-to-curb-illicit-17471531763615

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.