DBM Approves $1.51M Funding for National Tobacco Authority

Regulations by 2FIRSTS.ai

May.17.2024

DBM Approves $1.51M Funding for National Tobacco Authority

Philippines budget department approves 87.632 million pesos for National Tobacco Authority to boost support for tobacco industry.

According to the Philippine News Agency (PNA), on May 16, the Department of Budget and Management (DBM) of the Philippines has approved a budget of 87.632 million pesos (1.51 million US dollars) to be allocated to the National Tobacco Administration (NTA) to support the government's efforts to enhance the tobacco industry.

According to a statement released by the DBM on Thursday, Budget Secretary Amenah Pangandaman approved the Notice of Cash Allocation (NCA) for the second quarter demands of NTA on May 9th.

Pangandaman stated, "We understand that agriculture is a crucial part of our economy. Therefore, our government ensures that every sector of our agriculture industry receives support and necessary resources for growth.

According to the DBM, the NTA received a total of 550 million pesos (9.53 million USD) in 2024, with these funds being disbursed through a special allocation order. Of this amount, 175 million pesos (3.03 million USD) have already been released in the form of cash allocation notices to meet the needs of the first half of the year.

Previously, Philippine President Ferdinand R. Marcos Jr. called on the customs bureau and other relevant agencies to enhance efforts to combat tobacco smuggling, stating that this behavior has already harmed the local industry.

References:

[1] DBM OKs release of P87M to uplift tobacco industry

Also Read:

[1] BIR Continues Crackdown on Illegal E-Cigarette and Cigarette Trade

[2] Philippine President Marcos Orders Crackdown on Tobacco and E-cigarette Smuggling

[3] Philippine President Calls for Strengthened Efforts Against Tobacco Smuggling

[4] BIR to Begin Confiscation of Unmarked E-cigarette Products from 2024

[5] Philippines Intensifies Crackdown on Unregistered E-cigarette Sales with Tracking System

[6] Philippines to Implement Graphic Health Warnings on E-cigarettes, Violators Face up to 6 Years in Prison

[7] DTI Reports Millions Worth of Seized Illegal E-cigarette Products

#Traditional tobacco #Legislation #Asia #Philippines #Regulation

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Bangladesh Tobacco Control Group Urges Reversal of Philip Morris Nicotine Pouch Factory Approval

Advocates say the economic authority’s decision contradicts national health goals and violates a Supreme Court directive banning new tobacco ventures.

Oct.27 by 2FIRSTS.ai

Australia NSW Police Crack Down on Illicit Tobacco Syndicate Under Strike Force Franklin

NSW Police, together with NSW Health and the Australian Border Force, seized more than 18,000 vapes, 1.9 million cigarettes, 74kg of loose-leaf tobacco and five unregistered firearms during a week of action under Strike Force Franklin. Four people were charged following coordinated raids on the Far North Coast. Police said the operation targeted organised crime networks profiting from illicit tobacco sales, with an estimated street value exceeding $2.35 million(1.54 million US dollars)..

Nov.03 by 2FIRSTS.ai

PMI Compares Smoke-Free Policies in Three Countries: Japan and New Zealand Lead Tobacco Control, While Thailand’s Ban Stalls Harm Reduction

PMI Malaysia says Japan and New Zealand’s regulated smoke-free alternatives have hastened smoking declines, whereas Thailand’s post-2014 ban drives smokers to cigarettes or the black market—evidence, PMI argues, that pairing regulated alternatives with traditional controls could improve public health faster.

Oct.15 by 2FIRSTS.ai

2Firsts Exclusive | AVM President Allison Boughner: The U.S. Vape Market Reshapes Under a Regulatory Storm

Amid intensified regulation and sweeping market shifts, the U.S. vaping industry is undergoing a profound transformation. In an exclusive interview with 2Firsts, AVM President Allison Boughner discusses how enforcement is reshaping brands, distribution, products, compliance, and U.S.-based manufacturing.