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Philippine Tobacco Institute
The Philippine Tobacco Institute, Inc. is private organization incorporated under Philippine law. It represents, expresses and effects the opinions of the tobacco industry in the Philippines. History The Philippine Tobacco Institute has been curbing the Philippine government's efforts to implement tobacco regulation. Since 2007, eleven legal cases have been filed by the tobacco industry against proposed government oversight; the courts have ruled in the industry's favor in all of these cases. In 2009, the Philippine Tobacco Institute blocked the FDA's intent to gain control over the quality control of tobacco products in the country. The Philippine Tobacco Institute has expressed its opinion on tobacco control when it submitted a position paper to the World Health Organization during the proposal for the WHO Framework Convention on Tobacco Control in 2000. The PTI has also lobbied for the Bureau of Internal Revenue to reject a tax stamp system for cigarette packs and s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held 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] |
ABS-CBN Corporation
ABS-CBN Corporation is a Filipino media company based in Quezon City, Metro Manila, Philippines. It is the largest entertainment and media conglomerate in the Philippines. It is a subsidiary of Lopez Holdings Corporation which is owned by the López family ABS-CBN was formed by the merger of Alto Broadcasting System (ABS) and Chronicle Broadcasting Network (CBN). ABS was founded in 1946 by American electronics engineer James Lindenberg as Bolinao Electronics Corporation (BEC). In 1952, BEC was renamed Alto Broadcasting System (ABS) with its corporate name, Alto Sales Corporation after Judge Antonio Quirino, brother of President Elpidio Quirino, purchased the company and later launched the first TV station in the country, DZAQ-TV on October 23, 1953. The company that would later be merged with ABS to form ABS-CBN was founded in 1956 as Chronicle Broadcasting Network, Inc. (CBN) by Eugenio Lopez Sr. and his brother Fernando Lopez, who was the sitting Vice President of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tobacco Packaging Warning Messages
Tobacco package warning messages are Warning label, warning messages that appear on the Cigarette pack, packaging of cigarettes and other tobacco products concerning their Health effects of tobacco, health effects. They have been implemented in an effort to enhance the public's awareness of the harmful effects of smoking. In general, warnings used in different countries try to emphasize the same messages. Warnings for some countries are listed below. Such warnings have been required in tobacco advertising for many years, with the earliest mandatory warning labels implemented in the United States in 1966. Implementing tobacco warning labels has been strongly opposed by the tobacco industry, most notably in Australia, following the implementation of Plain tobacco packaging, plain packaging laws. The WHO Framework Convention on Tobacco Control, adopted in 2003, requires such warning messages to promote awareness against smoking. A 2009 review summarises that there is "clear evidence ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smoking In The Philippines
Tobacco smoking in the Philippines affects a sizable minority of the population. According to the 2015 Global Adult Tobacco Survey (GATS) conducted under the auspices of the Philippines' Department of Health, Philippine Statistics Authority, the World Health Organization, and the United States Centers for Disease Control and Prevention, 23.8 percent of the adult population were "current tobacco smokers". This figures represented 16.6 million of 69 million adult Filipinos. In 2013, the Philippines had one of the highest smoking rates in Asia and some of the lowest cigarette prices. It is home to several major cigarette and cigar manufacturers, including one owned by Philip Morris International. In 2006, the World Health Organization estimated that 10 Filipinos die every hour due to cancer, stroke, lung and heart diseases brought on by cigarette smoking. The Philippines is a party to the WHO Framework Convention on Tobacco Control. This caused concern for the World Health ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lucio Tan
Lucio Chua Tan Sr. (; born July 17, 1934) is a Filipino business magnate, investor, and philanthropist. He presides over the Filipino conglomerate company LT Group, Inc., a company with extensive business interests in sports, banking, airline, liquor, tobacco, real estate, beverages, and education. As of September 2021, his net worth is estimated at US$1.9 billion. Early years Tan was born in Amoy (now Xiamen), Fujian, China. His parents moved to Cebu in the Philippines when he was a child. He was said to have gone to school on barefoot and first worked as a stevedore who tied cargo with ropes made from abaca He earned a bachelor's degree in Chemical Engineering from the Far Eastern University in Manila. ''Forbes'' states that while in college, Tan "worked as a janitor at a tobacco factory" where he "mopped floors to pay for school." Philanthropy Though the companies of Lucio Tan Group has been involved in various social responsible programs, Tan has benevolent personal ph ... [...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] |
Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ... [...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] |
GMA News And Public Affairs
GMA Integrated News and Public Affairs (formerly known as ''RBS News Department'', ''GMA Radio-Television News'' and ''GMA Rainbow Satellite News''; and commonly GMA (Integrated) News) is the news division of the GMA Network (company), GMA Network Inc. The division produces news, public affairs, infotainment, and lately, sports and entertainment programs for free-to-air TV channels (GMA Network and GTV (Philippine TV network), GTV), national radio station (DZBB-AM, Super Radyo DZBB 594) owned and affiliated regional television and radio stations in the Philippines, and international TV channels (GMA Pinoy TV, GMA Life TV and GMA News TV International). History Public affairs division GMA's Public Affairs division was established in 1987 when Tina Monzon-Palma, then head of GMA News, recognized that a 30-minute newscast was not adequate and sufficient to inform the general Filipino public on what is happening to the recently established Corazon Aquino, Aquino government af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Japan Tobacco
Hepburn: ''Nippon Senbai Kōsha'' , type = 1985-: Public (''kabushiki gaisha'') 1949-1985: Statutory corporation , traded_as = , industry = FoodTobacco , foundation = 1898 (as Imperial Japanese Tobacco Company)1 June 1949 (as Japan Tobacco and Salt Public Corporation)1 April 1985 (privatized) , founder = Government of Japan , location_city = 2-1, Toranomon, Minato, Tokyo, Japan , key_people = Mitsuomi Koizumi(President and CEO)Hiroshi Kimura(Chairman) , products = See below , revenue = (2012) , operating_income = (2012) , net_income = (2012) , assets = (2012) , equity = (2012) , num_employees = 48,529 (2011) , parent = Government of Japan (33.35% by law) , subsid = Japan Tobacco InternationalPT Karya Dibya Mahardhika (Indonesia)Mighty Corporation (Philippines)Donskoy Tabak Companies (Russian)Gallaher Group , homepage www.JT.com , abbreviated JT, is a cigarette manufacturing company. It is part of the Nikkei 225 and TOPIX Large70 indices. In 2009 the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philip Morris International
Philip Morris International Inc. (PMI) is an American Multinational corporation, multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro. Philip Morris International is often referred to as one of the companies comprising Big Tobacco. Until a Corporate spin-off, spin-off in March 2008, Philip Morris International was an operating company of Altria. Altria explained the spin-off, arguing PMI would have more "freedom," i.e. leeway outside the responsibilities and standards of American corporate ownership in terms of potential litigation and legislative restrictions to "pursue sales growth in emerging markets", while Altria focuses on the American domestic market. The shareholders in Altria at the time were given shares in PMI, which was listed on the London Stock Exchange and other markets. The company's legal seat is in New York City, but it does not operate in the United States of America ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
