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PMFTC remains profitable despite challenges Despite challenges in the industry, Fortune Tobacco, which owns 49.6 percent of PMFTC, saw profit last year jump 12 percent to P12.77 billion

"We began to see a series of events, hosted parties that attracted young people, where young people were given free cigarettes, often given free alcohol and gifts

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For those planning to quit smoking, they can try chewing tobacco products without nicotine or tobacco

Price Increases Target Premium Brands ITC and Godfrey Phillips have increased prices on specific cigarette brands after a significant excise duty hike took effect on February 1, 2026