EU-ASEAN Business Council

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Friday, 3 July 2026
19 May 2026
3:06PM

Report flags rising illicit tobacco, vape trade across ASEAN

The Philippines lost an estimated P141 billion ($2.5 billion) in government revenue from illicit tobacco trade over the past two years, while recording the highest illicit e-vape revenue losses among the ASEAN-6 economies, according to a report released by the EU-ASEAN Business Council (EU-ABC) and Euromonitor International.
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