Senator Sherwin Gatchalian announced on Friday his plans to combat the illicit trade of cigarettes and vapor products, aiming to address government revenue losses and mitigate health risks linked to smoking and vaping. According to data from the Bureau of Internal Revenue (BIR), the government incurred a revenue loss of P40 billion from 2021 to 2024 due to the illegal …
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The Market Monitor Minding the Nation's Business