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business.inquirer.net JTI warns: Further increase in cigarette taxes? Expect more smuggling

MANILA, Philippines --- Amid the big push by the departments of Health (DOH) and of Finance (DOF) to further jack up the excise taxes slapped on "sin" products such as cigarettes and alcoholic drinks, the Philippine unit of global manufacturing giant Japan Tobacco International (JTI) has warned that higher levies would only exacerbate already worsening cigarette smuggling.

"When we talk about the…
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