Phimo International to Invest $159.7 Million in Philippines for Tobacco Production.

Oct.12.2022

Phimo International to invest $159.7 million to establish a production plant for heating tobacco devices in the Philippines.

According to reports, Femto International will invest $159.7 million in the Philippines to establish a production site for manufacturing heating cigarette devices and heating tobacco sticks.

Phimo International is set to produce heated tobacco sticks in the Philippines for the first time. It is estimated that over 20% of adults in the Philippines smoke. Phimo International stated that this investment will use tobacco leaves grown in the Philippines and create 220 employment opportunities.

#Philippines #Product #Products of Tobacco

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Singapore Charges 14 Over Vape Syndicate Under Organised Crime Act

Singapore Charges 14 Over Vape Syndicate Under Organised Crime Act

South Korea to ban vape vending machines near schools from February 15, 2026

South Korea to ban vape vending machines near schools from February 15, 2026

Belarus Increases e-cigarette tax by 20% and Reinstates Tax on heated tobacco

Belarus Increases e-cigarette tax by 20% and Reinstates Tax on heated tobacco

Russian Lawmaker Sounds Alarm as Teenage Vaping Surges—Female Use Overtakes Male

Russian Lawmaker Sounds Alarm as Teenage Vaping Surges—Female Use Overtakes Male

NSW Landlords Could Face Jail or $165,000 Fine for Allowing Illegal Vape and Tobacco Sales

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Israel Proposes E-Cigarette Tax Reform Expected to Raise 154 million USD Shekels Annually

Israel Proposes E-Cigarette Tax Reform Expected to Raise 154 million USD Shekels Annually

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