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

Research Report: E-Cigarette Device Market to Hit $34.29 Billion by 2031; Top Brands Now Hold Nearly Half the Share

Market research firm LP Information has released a global e-cigarette market report forecasting that the e-cigarette device market—including both disposable and reusable devices—will reach US$34.29 billion by 2031, with a 9.4% CAGR from 2025 to 2031.

Oct.16

Product | FLONQ Parent Company Launches New Vaping Brand ROQY: Two Hybrid-Nicotine Devices Debut in Russia

Alfabet Labs, the parent company of FLONQ, has recently launched its new vaping brand ROQY in Russia, debuting two products: ROQY L and ROQY M. Both devices use a hybrid nicotine formulation combining nicotine salts and freebase nicotine and are each available in 19 flavors. The two products are now on sale via the official ROQY website as well as multiple online and offline retailers across Russia.

Nov.19 by 2FIRSTS.ai

Over 179,000 E-Cigarettes Destroyed in Samut Prakan as Thai Government Tightens Enforcement

Thailand’s Office of the Prime Minister, led by Minister Santi Piyatat, has destroyed nearly 179,000 confiscated e-cigarettes and accessories worth 33 million baht (approx. USD 1,020,000) as part of the government’s ongoing campaign for a “Vape-Free Thai Society.”Officials said the action demonstrates Thailand’s strict enforcement of anti-vaping laws and its commitment to protecting youth and public health.

Nov.27 by 2FIRSTS.ai

BAT Japan to raise prices of glo heated-tobacco sticks by about 4%–5%

BAT Japan said it will raise retail prices by ¥20 (about $0.13) per pack for 16 glo heated-tobacco stick brands—11 Lucky Strike and five Kent—effective January 1, 2026. The company will also lift prices for 12 VELO nicotine pouch brands by ¥20–¥40 per pack from December 1, 2025.