A report indicating the extent of a multinational tobacco company’s profits in Asia should move the Philippine government to stop the cigarette industry from raking heaps of money at the expense of public health, according to a tobacco control advocacy group.

The Bangkok-based Southeast Asia Tobacco Control Alliance (SEATCA) recently revealed that Asia has become Philip Morris International’s (PMI) virtual “cash cow” with the region providing 34.3 percent or $10.5 billion of the firm’s $31 billion net revenue in 2013.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details