Tuesday, 19 May 2026
2 hours ago
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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