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Mighty Corporation
Mighty Corporation (Chinese: 皇冠煙廠) is a Filipino corporation and was the second largest cigarette manufacturer in the Philippines from 2010 to 2017. On September 8, 2017, Japan Tobacco acquired Mighty Corporation's cigarette business in the amount of P46.8 billion ($936 million), paving the way for the full payment of P30 billion to the Philippine government as part of the agreement for Mighty Corporation to settle its unpaid tax liabilities. History In 1945, the company was established as La Campana Fabrica de Tabacos, Inc. by Wong Chu King with a small cigarette factory in Manila producing a type of native cigarette known as "''matamis''" (sweet blend). In 1948, a second factory was built in Barangay Olympia, Makati. In 1963, a facility for tobacco threshing and redrying was constructed in Malolos, Bulacan where the company's processing plant was later established. In 1985, the company changed its name to Mighty Corporation and acquired the trademarks of rival Alhambra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British American Tobacco
British American Tobacco plc (BAT) is a British multinational company that manufactures and sells cigarettes, tobacco and other nicotine products. The company, established in 1902, is headquartered in London, England. As of 2019, it is the largest tobacco company in the world based on net sales. BAT has operations in around 180 countries, and its cigarette brands include Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans. Its brands also include Vype and Vuse and Glo. BAT has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has a secondary listing on the Johannesburg Stock Exchange. BAT plc ordinary shares are also listed on the New York Stock Exchange in the form of American Depositary Shares. History 1902 to 2000 The company was formed in 1902, when the United Kingdom's Imperial Tobacco Company and the United States' American Tobacco Company agreed to form a joint venture, the "British-American Tobacco Company Ltd." The paren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tobacco Companies Of The Philippines
Tobacco is the common name of several plants in the genus ''Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the chief commercial crop is ''N. tabacum''. The more potent variant ''N. rustica'' is also used in some countries. Dried tobacco leaves are mainly used for smoking in cigarettes and cigars, as well as pipes and shishas. They can also be consumed as snuff, chewing tobacco, dipping tobacco, and snus. Tobacco contains the highly addictive stimulant alkaloid nicotine as well as harmala alkaloids. Tobacco use is a cause or risk factor for many deadly diseases, especially those affecting the heart, liver, and lungs, as well as many cancers. In 2008, the World Health Organization named tobacco use as the world's single greatest preventable cause of death. Etymology The English word ''tobacco'' originates from the Spanish word "tabaco". The precis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 1945
Manufacturing is the creation or Production (economics), production of goods with the help of equipment, Work (human activity), labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of Human behavior, human activity, from handicraft to High tech manufacturing, high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector of the economy, primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, Major appliance, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineerin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Manila
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Philippine Star
''The Philippine Star'' (self-styled ''The Philippine STAR'') is an English-language newspaper in the Philippines and the flagship brand of the Philstar Media Group. First published on July 28, 1986, by veteran journalists Betty Go-Belmonte, Max Soliven and Art Borjal, it is one of several Philippine newspapers founded after the 1986 People Power Revolution. The newspaper is owned and published by Philstar Daily Inc., which also publishes the monthly magazine ''People Asia'' and the Sunday magazines ''Starweek'' and ''Let's Eat''. As part of the Philstar Media Group, its sister publications include business newspaper '' BusinessWorld''; Cebu-based, English-language broadsheet '' The Freeman''; Filipino-language tabloids '' Pilipino Star Ngayon'' and ''Pang-Masa''; Cebuano-language tabloid ''Banat'', online news portals Interaksyon (formerly with News5), LatestChika.com, Philstar Life and Wheels.ph, and TV/digital production unit Philstar TV. In March 2014, the newspaper was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pampanga
Pampanga, officially the Province of Pampanga ( pam, Lalawigan ning Pampanga; tl, Lalawigan ng Pampanga ), is a province in the Central Luzon region of the Philippines. Lying on the northern shore of Manila Bay, Pampanga is bordered by Tarlac to the north, Nueva Ecija to the northeast, Bulacan to the east, the Manila Bay to the central-south, Bataan to the southwest and Zambales to the west. Its capital is the City of San Fernando. Angeles City is the largest LGU but while geographically within Pampanga, it is classified as a first-class, highly urbanized city and has been governed independently of the province since it received its charter in 1964. The name ''La Pampanga'' was given by the Spaniards, who encountered natives living along the banks (''pampáng'') of the Pampanga River. Its creation in 1571 makes it the first Spanish province on Luzon Island (Cebu in Visayas is older as it was founded by the Spaniards in 1565). The town of Villa de Bacolor in the province bri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Simon, Pampanga
San Simon, officially the Municipality of San Simon ( pam, Balen ning San Simon; tl, Bayan ng San Simon), is a 3rd class municipality in the province of Pampanga, Philippines. According to the 2020 census, it has a population of 59,182 people. San Simon is accessible via the North Luzon Expressway via the San Simon current exit. History In 1770, Don Mariano del Pilar de los Reyes founded a farming village named Barrio Del Pilar''', which later became the town of San Simon. The village was located between the towns of San Luis in the north and Apalit in the south. As the population of the village kept on growing, the village leaders of that time petitioned to consolidate the village and portions of the towns of San Luis and Apalit, to form an independent ''pueblo'' (town). On November 15, 1771, Don Simón de Anda y Salazar, the governor general of the Philippines at that time, approved the official creation of the town. The town was named after the Spanish governor general wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bureau Of Internal Revenue (Philippines)
The Bureau of Internal Revenue'' ''( fil, Kawanihan ng Rentas Internas, or BIR) is a revenue service for the Philippine government, which is responsible for collecting more than half of the total revenues of the government. It is an agency of the Department of Finance and it is led by a Commissioner. Lilia Catris Guillermo is the Commissioner of BIR until the appointment of Deputy Commissioner Romeo Lumagui, Jr. last November 15, 2022 as the new BIR Commissioner. Functions The powers and duties of the Bureau of Internal Revenue are: * Reduction and collection of all internal revenue taxes, fees and charges; and * enforcement of all forfeitures, penalties, and fines connected therewith, including the execution of judgments in all cases decided in its favor by the Court of Tax Appeals and the ordinary courts; * It shall also give effect to the administer supervisory and police powers conferred to it by the National Internal Revenue Code and special laws. History Following th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PMFTC
PMFTC, Inc. is the Philippine affiliate of Philip Morris International (PMI). Owned 50-50 by PMI and local conglomerate LT Group, PMFTC is the leading cigarette manufacturer in the Philippines, controlling over 90% of the local market, commercialising the brands Hope Luxury, Marlboro, and More, among others. The company is a joint-venture between the Philippine unit of PMI and local firm Fortune Tobacco Corporation (FTC), which joined forces in 2010 to form a new company that, after the agreement, would control the 90% of the market. History In 1955, Philip Morris International entered into a licensing agreement with La Suerte Cigar and Cigarette Factory to manufacture and sell Marlboro cigarettes in the Philippines. Fortune Tobacco Corporation (FTC) was established in 1966 founded by Benito Tan Kee Hiong, Atty. Florencio N. Santos, Lucio Tan and Mariano Tanenglian. In 1995, Philip Morris Philippines, Inc. (PMPI) was established to handle all sales and marketing aspects related ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manila
Manila ( , ; fil, Maynila, ), officially the City of Manila ( fil, Lungsod ng Maynila, ), is the capital of the Philippines, and its second-most populous city. It is highly urbanized and, as of 2019, was the world's most densely populated city proper. Manila is considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC). It was the first chartered city in the country, designated as such by the Philippine Commission Act 183 of July 31, 1901. It became autonomous with the passage of Republic Act No. 409, "The Revised Charter of the City of Manila", on June 18, 1949. Manila is considered to be part of the world's original set of global cities because its commercial networks were the first to extend across the Pacific Ocean and connect Asia with the Spanish Americas through the galleon trade; when this was accomplished, it marked the first time in world history that an uninterrupted chain of trade routes circling ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulacan
Bulacan, officially the Province of Bulacan ( tl, Lalawigan ng Bulacan), is a province in the Philippines located in the Central Luzon region. Its capital is the city of Malolos. Bulacan was established on August 15, 1578, and part of the Metro Luzon Urban Beltway Super Region. It has 569 barangays in 20 municipalities and four component cities (Baliuag, Malolos the provincial capital, Meycauayan, and San Jose del Monte). Bulacan is located immediately north of Metro Manila. Bordering Bulacan are the provinces of Pampanga to the west, Nueva Ecija to the north, Aurora and Quezon to the east, and Metro Manila and Rizal to the south. Bulacan also lies on the north-eastern shore of Manila Bay. In the 2020 census, Bulacan had a population of 3,708,890 people, the most populous in Central Luzon and the third most populous in the Philippines, after Cebu and Cavite. Bulacan's most populated city is San Jose del Monte, the most populated municipality is Santa Maria while the least po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
