DUBAI, United Arab Emirates —Philip Morris International (PMI) is exploring potential investments in the Philippines that would make the country a critical component in the tobacco giant’s vision for a smoke-free future, leveraging its strong regulatory framework and attractive business...
The Philippines is steadily advancing toward the global goal of shifting from cigarettes to smoke-free alternatives, with nearly 150,000 users having already made the switch. Based on data provided by PMFTC Inc., the local affiliate of Philip Morris International (PMI), the number of adult users...
As regulations tighten and public spaces become increasingly smoke-free, the tobacco industry is pivoting its strategy, investing heavily in "next-generation" nicotine products. From heated tobacco to oral pouches, the goal is to satisfy adult consumer demand for nicotine while adapting to...