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.
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