Showing posts with label Mighty Corporation. Show all posts
Showing posts with label Mighty Corporation. Show all posts

Monday, August 4, 2014

On the malicious allegations against Mighty Corp

Several months ago, Filipino-owned tobacco manufacturer, Mighty Corp has been accused of tax-dodging by PMFTC.  

According to the competitor allegation, Mighty declared only half of its tobacco production due to tax purposes. Same issue that they always brought up whenever they were the subject in the several news articles online and broadsheet.

With the accusation over technical smuggling, the report made by the Task Force from the Department of Finance said that there are substantial unaccounted raw materials and huge revenue leakage from the Bulacan-based manufacturer. 

Meanwhile, in a statement made by the spokesperson and executive vice president of Mighty, Oscar P. Barrientos said that the continuous effort in a way doing smear, malicious campaign by the competitors

“Mighty Corp. continues to be vilified for having stood up to the industry giant. Since last year, the smear campaign has been nothing more than a rehash of the same lies and allegations,” Barrientos added. It’s really alarming when the rivals keep on rehashing old issues against the company.

With the giant monopoly like PMFTC, Mighty Corp proves that even they are a small local company, they’re become stronger than ever. Probably PMFTC want to pin down the company over the passage of Republic Act 10351 or the Sin Tax Reform Law in 2013.



Friday, August 1, 2014

Mighty Corp, Wong Chu King Foundation selected students for scholarship grants

Mighty Corp, Bulacan based tobacco manufacturer, known for their quality cigarettes. They helps a lot of Filipino people thru their charitable works. via Wong Chu King Foundation.

“Education is known to be a powerful equalizer. It gives children from low-income families a fighting chance to uplift themselves and their families from poverty and lead productive and meaningful lives.”, said Edilberto Adan, Mighty president.
Adan announced the foundation’s recent initiative for educational assistance. They gave out at least 100 college scholarship grants to deserving students, which was distributed to the children of tobacco farmers in Northern Luzon.
He added that the said scholarship program is part of the P10-million joint CSR project of Mighty Corporation and the National Federation of Tobacco Farmers and Cooperatives Inc.. It aims to benefit 65,000 farmers in Pangasinan, La Union, Abra, Cagayan, Isabela, Ilocos Norte and Ilocos Sur.
“This is our way of thanking the farmers for helping to make our company what it is today,” said Adan
“We are happy that Mighty Corporation, through its Wong Chu King Foundation, has stood firm on its commitment to help 65,000 tobacco farmers in the Philippines,” said Mario Cabasal, NAFTAC national president, at the signing, attended by top executives of Mighty and 200 farmer leaders. Currently, they have six high school and 14 college students on scholarship in various schools nationwide.
Meanwhile, Retired judge Oscar Barrientos, the company's executive vice president and spokesman, said the foundation offered scholarships to the dependents of active employees but later expanded the program to include dependents of retired employees of the tobacco company and poor but deserving students with excellent academic record.
“Through this program, we hope to help the farmers and their children become competitive in the global market and earn sustainable incomes,” Barrientos said.

Sunday, July 27, 2014

Mighty Corp and their business strategy

In the controversies that the Bulacan-based tobacco manufacturer Mighty Corp strucked the company for the past several months, they explained about their business strategy. According to Vice President and spokesman Oscar Barrientos said that they keep their products low-priced, while their competition has very high costs. Mighty has been dedicated to their principles of serving Filipinos by its quality and affordable products in the country. But the rival companies keep on mudslinging Mighty with malicious lies over the issues on tax evasion and alleged technical smuggling.

With the low profits that Mighty is earning, while the other brands targeting a very high profit that makes the Bulacan-based company emerged in the market. As the company doesn’t have foreign brands and equity, and also they don’t remit royalty to any foreign headquarters. They didn’t retain a professional consultant which paying a high salary in the company. PMFTC does have this for the sake of making it more than 90% of the cigarette market are from them.

The diverse experience of Mighty Corp in the tobacco industry since the 1940s as they produced truly Filipino products. In my observation, there are smokers that around in their 30s to 40s of age bought the company's products per stick. With the heavy competition in this kind of industry, Barrientos added that they solidify its base, and enhance its core competencies. Smokers nowadays have three choices: quit smoking, smoke less frequently or look for low-priced alternatives.

Meanwhile, the retired judge said that fraud is a serious offense. And it must be proven by complete evidence, and conducted by a trusted authority. The allegation against the company is indeed unfair. Thus, the competitors doing damaging claims that the company did it illegally. They must prove to the authorities that they have substantial evidences against Mighty.

“We’re not selling at a loss; we’re gaining. Why should we continue our business at a loss? Assuming we’re losing, why should the competition be worried? Actually, we’re making reasonable profit. Our concept of gain is not only measured in peso signs; having been patronized by our loyal customers in the low-priced market, we feel duty-bound to keep our price low owing to our company’s nationalistic anchor,” Barrientos explained.

The margin profit of Wongchuking-owned company are totally different from the others in the said industry. The thing is that the competitor didn't explain publicly their side on how they merged.

Sunday, July 20, 2014

BIR speaks up on Mighty Corp's controversies


Mighty Corp, a Bulacan-based tobacco manufacturers which was accused of alleged tax evasion, illegal smuggling and trade misconduct. For the past few months, there's a survey conducted by foreign research firm, AC Nielsen. They described the company as killing the local brands in the market. 

Kudos to BIR, they are neutral over Mighty’s controversies, they are not taking side over the competition to its rival. The rival company, PMFTC accused Wongchuking-owned company of tax evasion, technical smuggling and other malpractice by a foreign research firm, AC Nielsen. Did they have substantial evidence against Mighty? If you may recall, they are spreading malicious lies over traditional media. 

According to a BIR tax fraud official that they have not received any derogatory confidential information against the company other than what we read in newspapers on the results of the survey conducted by AC Nielsen. The said survey was allegedly commissioned by PMFTC, and baseless facts, killing all local brands.

They claimed that Mighty's promoting mid-market brands since profit margins in the low-cost category are low. It means the local brands will be faced out to favor expensive brands. According to the officials said that the information is not true and they are spreading unjustified information to the public. And selling its products at a loss to gain more patronage, they are degrading the quality products of Mighty.

“MC is not selling at a loss and is gaining profit as evidenced by the more than P5.4 billion income and business tax payments to the BIR during the first nine months of the year, which payment is expected to rise to P8 billion by the end of the year,” said Oscar Barrientos, a retired judge and executive vice president of Mighty.

Tuesday, July 8, 2014

Mighty Corp: BIR neutral over the tobacco wars


Mighty Corp, Bulacan-based tobacco manufacturer has been in the middle of controversial issues for the past several months already.

Government agency, Bureau of Internal Revenue is not taking side over the trade war between the company and giant cigarette manufacturer Philip Morris Fortune Tobacco Corporation. 

According to a BIR tax fraud official said “we have not received any derogatory confidential information against Mighty other than what we read in newspapers on the results of the survey conducted by AC Nielsen.” The alleged survey was commissioned by the rival company which was “unfair and malicious to discredit and to kill all local brands.

Mighty said it was untrue that it was selling its products at a loss to gain more patronage and eat up the low income clientele of its competitor which controlled at least 94 percent of the cigarette market.

“Mighty Corp is not selling at a loss and is gaining profit as evidenced by the more than P5.4 billion income and business tax payments to the BIR during the first nine months of the year, which payment is expected to rise to P8 billion by the end of the year,” said Oscar Barientos, a retired judge and executive vice president of the company.



Monday, June 23, 2014

Mighty Corp paid excise tax up for 8 billion in 2013

Wholly Filipino tobacco company, Mighty Corp at least P8 billion for 2013 to Bureau of Internal Revenue.
  
This is according to Oscar Barrientos, executive vice president of Mighty. He said, "the tax we paid for the year 2013 just past reflects the jump in our market share and our fair share in the increased taxes on “sin” products."

He also said that despite charges in the news media and by some members of Congress against the company, no case has been filed in court.

Mighty paid P300 million in 2012, when its share of the local market of cigarette was a measly three percent. The said share went up since the government put into effect Republic Act 10352, or new sin tax law.


Mighty Corp. is been known as a minor player, pitched in more than P8 billion of the excise tax. And they also devoted to several Corporate Social Responsibility projects in the country which includes scholarship grants, and rebuilding churches.

Sunday, June 8, 2014

Mighty Corp paid 8 billion for the excise tax

Bulacan-based tobacco company, Mighty Corp increase their market share by paying at least 8 billion excise tax for the year 2013 to the Bureau of Internal Revenue. In 2012, they paid at least 300 million and signaled the rise of this low-priced cigarette firm. 

According to Oscar Barrientos, executive vice president of Mighty said that the excise tax that the company paid for the year 2013 just past reflects the jump in our market share and our fair share in the increased taxes on “sin” products. He added that the facts should put to rest false accusations to them has not been paying its correct taxes.
Barrientos pointed out, the BIR and the Bureau of Customs have cleared his company of any tax deficiency until February 2014.

Meanwhile, records from the BIR had shown that excise taxes from both cigarettes and alcohol products increased by 81.5 percent despite a decline in the number of sticks sold. Mighty Corp. was a minor player in the tobacco industry has been reaching out to a lot of people who are in need of help.



Tuesday, May 27, 2014

Mighty Corp, Wong Chu King Foundation initiated Parañaque medical outreach

Mighty Corp's CSR arm, Wong Chu King Foundation had donated medicines needed by the Foundation of Our Lady of Peace Mission Inc. Hospital. In this initiative made by the foundation, it will help boost its medical mission for thousands of poor families living in Paranaque City.

The said foundation which aims to perpetuate the memory of Emmanuel Wong Chu King, philanthropist and patriarch of the Wongchuking family. He reached out to the poor and underprivileged sectors with their nutrition, medical, education and livelihood needs.

Meanwhile, the FOLPMI Hospital was administered by the Sisters of Saint Paul of Chartres has been extended health care to indigents including ward accommodation since 1984.

“While we continue to give free healthcare and surgical needs to poor families, our hospital also offers very low rates for various medical services for those who can afford to pay,” said Sr. Eva Fidela Maamo, FOLPMI president.

FOLPMI Hospital maintains an emergency room, an out-patient department and in-patient services, an operating room, laboratory and radiology services, along with   charity programs for the poor.

“Our founder Mr. WongChuKing always had a soft spot for the poor, especially children,” said James Navarette, general manager of the foundation.

They also funded the Hapag-Asa Integrated Nutrition Program of Assisi Development Foundation Inc. and provides the nutritional needs of more than eight million children nationwide.

Other partnerships that Wong Chu King Foundation and Mighty Corp has done for the past months such as the agreement with the University of the Philippines Law Class of 1978 and the Payatas Orione Foundation Inc. for a nutrition program for malnourished children at the Quezon City dump.

According to Maamo, the hospital has recently expanded services for indigent patients. They expanded its services to assist the poor communities and squatter areas in Metro Manila and Cavite City along with the 110 indigenous peoples’ communities of the country.

“Aside from general medical and surgical services, we can now provide ENT care, neurology, orthopedics, pediatric care, pulmonary care, dentistry, cleft and craniofacial care and family medicine, among others,” she said.


Wednesday, May 21, 2014

Mighty Corp continues to help people by CSR projects

Bulacan-based tobacco manufacturer, Mighty Corp, and Wong Chu King Foundation has been actively helping out a lot of people via the company's corporate social responsibility projects. 

According to Bishop Rodolfo Beltran of San Fernando City, La Union said that he praised on what Mighty and the foundation for helping the church to spread the faith in the Philippines and for prioritizing apostolic works and education in its programs and projects.

He added that the foundation donated to church projects funding the education of poor but deserving students in Lagawe, Bontoc. 

“The parents of these students are low-income farmers producing only for local consumption,” the bishop said. “So you can imagine the positive impact this kind of support has for them.” He lauded the outreach project that the foundation and Mighty launched for 65,000 organized tobacco farmers of Northern Luzon last February.

Under the agreement, Mighty Corp donated to the farmers 16 hand tractors worth P2.5 million and 90 irrigation pumps worth P1.1 million.

“I’m quite happy about all these projects. It’s a big lift for our farmers, not only in La Union but also the whole of Northern Luzon,” Beltran said. “This is something very beautiful as the hand tractors and water 
pumps encourage our farmers to use modern methods of agriculture.”

The foundation was also commended for the renovation of the Basilica Minore of the Our Lady of Piat Church in Piat, Cagayan in 2012, and the renovation of the Diocesan Shrine of Immaculate Conception in Naic, Cavite last year.

Meanwhile, Auxiliary Ricardo Baccay of Tuguegarao City said about the foundation's work as “a step in the right direction. My diocese, like all dioceses, have serious concerns. If WCKF is out to help schools, putting up libraries is the best form of help it can give.”

“For many years, I have personally known Mrs. Nelia Wong Chu King, WCKF chairman of the board of trustees,” said Archbishop Emeritus Diosdado Talamayan of the Archdiocese of Tuguegarao City. “She and her family are great devotees of Our Lady of Piat, and they have erected a chapel in Malolos City, Bulacan, dedicated to Our Lady of Piat, which was blessed by many bishops led by Cardinal Gaudencio Rosales in 2012.”

Archbishop Rolando Tirona of the Archdiocese of Caceres in Naga City, Camarines Sur, described the Wong Chu Kings as an upright family and said it was “highly uncharacteristic for them to be involved in the illicit trade practices of technical smuggling and tax evasion.”


Monday, May 12, 2014

Mighty Corp changes the lives of tobacco farmers in Northern Luzon

The joint project between Bulacan-based tobacco manufacturer, Mighty Corp and an NGO partnered to uplift the lives of farming families in Northern Luzon.

The said partnership was sealed both Mighty and National Federation of Tobacco Farmers and Cooperatives, Inc. officials. The memorandum of agreement was held last February 8 as officials from Mighty retired general Edilberto P. Adan, retired judge Oscar P. Barrientos, and Mario Cabasal, head of NAFTC.

Meanwhile, Wong Chu King Foundation Inc., Mighty's charitable arm handed over at least 16 units of hand tractors worth P2.5 million and 90 units of water pumps worth P1.1 million to chapter delegations from seven provinces in Northern Luzon. 

 “We are happy that  Mighty Corporation has stood firm on its commitments to help the 65,000 strong tobacco farmers in the Philippines with their pronouncements this year to purchase 10-million kilograms of tobacco leaves and the P10-million outreach projects for tobacco farmers,” said Cabasal after the agreement was signed by the new partners.


“This is definitely a big help to us, tobacco farmers,” added Cabasal.

Monday, May 5, 2014

Mighty Corp boost the morale of tobacco farmers by gain production


Filipino-owned cigarette manufacturer, Mighty Corp sealed an agreement between local tobacco farmers, and National Federation of Tobacco Farmers and Cooperatives, Inc. last February. The said project which aim to uplift the lives of farming families under the theme, “Sama-sama Tayong Pilipino sa Pagyabong ng Industriya ng Tabako.”

The deal was signed by Mighty Corporation President Edilberto P. Adan and Executive Vice President Oscar P. Barrientos with Mario Cabasal, head of the National Federation of Tobacco Farmers and Cooperatives, Inc.. Then, a consultative meeting was held between Mighty executives and 200 tobacco farmer-leaders from Northern Luzon.

They announced a pledge for a P10-million fund for three-pronged programs that will help tobacco farmers produce quality tobacco for the company.

Meanwhile, the said program includes irrigation pumps and tractors for the farmers, sending college students via their scholarship grants and the institutional support for the annual search for outstanding tobacco farmers and cooperatives.

“We are happy that Mighty Corporation has stood firm on its commitments to help the 65,000 strong tobacco farmers in the Philippines with their pronouncements this year to purchase 10-million kilograms of tobacco leaves and the P10-million outreach projects for tobacco farmers,” Cabasal said.

“This is a big help to tobacco farmers,” Cabasal added. He elated over Mighty's initiative to buy at least 10 million kilograms of tobacco leaves.

Mighty Corp’s charitable arm, Wong Chu King Foundation, Inc. turned over 16 units of hand tractors worth P2.5 million and 90 units of water pumps worth P1.1 million that was distributed to the seven tobacco-producing provinces in Northern Luzon.

Monday, April 21, 2014

Mighty Corp targets increase of tobacco purchase this year


Mighty Corp, a Bulacan-based tobacco manufacturer aims to purchase 10 million kilograms of tobacco products worth millions of pesos from farmers in Northern Luzon

This is according to executive vice president of Mighty, Oscar Barrientos. In the letter of intent that was sent to National Tobacco Administration administrator Edgardo Zaragoza that Wongchuking-owned company will buy tobacco from farmers 100 percent more than the five million kilograms his firm bought in 2013.

“This is to assure our tobacco farmers of our willingness to help in response to the published report of the market leader in the tobacco industry to lessen production this year,” Barrientos added.


Mighty’s market shares surged to 20 percent of the low-priced cigarette brands in which resulted in paying P8.2 billion in excise taxes.

Monday, April 7, 2014

Wong Chu King Foundation offers scholarship grants

The charitable arm of Mighty Corp, Wong Chu King Foundation reaching out to the poor yet deserving students to receive scholarship grants in the northern part of Luzon.

“Education is known to be a powerful equalizer. It gives children from low-income families a fighting chance to uplift themselves and their families from poverty and lead productive and meaningful lives.” said Mighty Corp president Edilberto Adan.

Adan also said the educational assistance that the foundation gives out 100 scholarship grants to deserving students which are children of tobacco farmers in Northern Luzon.

“Formal schooling is often too expensive and priced well beyond the reach of the poor, including tobacco farmers,” he said.

The said program is one of three components of a P10-million joint CSR project of Mighty Corp. and the National Federation of Tobacco Farmers and Cooperatives Inc.. It aimed to benefit 65,000 farmers in the northern part of Luzon.

“This is our way of thanking the farmers for helping to make our company what it is today,” said Adan.

“We are happy that Mighty Corporation, through its Wong Chu King Foundation, has stood firm on its commitment to help 65,000 tobacco farmers in the Philippines,” said Mario Cabasal, NAFTAC national president.

Meanwhile, according to Mighty Corp’s executive vice president and spokesperson Oscar Barrientos said the foundation initially offered scholarships to the dependents of active Mighty employees. Later on, it was expanded for dependents of retired Mighty employees and unfortunate but deserving students with excellent academic records.

“Through this program, we hope to help the farmers and their children become competitive in the global market and earn sustainable incomes,” Barrientos said.

The scholarship program is in support of the National Tobacco Administration’s scholarship program for poor but deserving graduating high school students and dependents of tobacco farmers.

The foundation has six high school and 14 college students unde their scholarship program.







Monday, March 31, 2014

Mighty Corp, Wong Chu King Foundation cited for their charitable works

Mighty Corp, a Filipino owned tobacco manufacturer known for the quality cigarettes in the country has been cited over their charitable works. 

With the help of their foundation, Wong Chu King Foundation which prioritized Catholic education in its programs and projects.

According to Bishop Rodolfo Beltran of San Fernando City said Mighty Corp and its humanitarian armdonated to church projects and funded the education of poor students in Lagawe, Bontoc. 
“The parents of these students are low-income farmers producing only for local consumption. You can imagine the positive impact this kind of support has for them,” Beltran said.
The foundation also renovated the churches in the Visayas region, the Basilica Minore of Our Lady of Piat Church in Piat, Cagayan in 2012 and the Diocesan Shrine of Immaculate Conception in Naic, Cavite last year.
Auxiliary Bishop Ricardo Baccay of Tuguegarao City said that Wong Chu King and Mighty's good deeds as a step in the direction ... if Wong Chu King is out to help schools, putting up libraries is the best form of help it can give.
Meanwhile, Archbishop emeritus Diosdado Talamayan of Archdiocese of Tuguegarao City said: “I have personally known Mrs. Nelia Wong Chu King, chariman of the board of trustees of the foundation. She and her family are great devotees of Our Lady of Piat. They have erected a chapel in Malolos City, Bulacan, dedicated to Our Lady of Piat, which was blessed by many Bishops led by Cardinal Gaudencio Rosales in 2012.”


Monday, March 24, 2014

Mighty Corp planning to buy 10 million kilograms of tobacco products

Mighty Corp. a Filipino owned tobacco manufacturer which selling quality, low priced cigarettes is buying 10 million kilograms of tobacco products from farmers in Northern Luzon. The worth of the said products worth millions of pesos.
According to the  letter of intent by Mighty executive vice president Oscar Barrientos to National Tobacco Administration administrator Edgardo Zaragoza said they want to buy tobacco from farmers 100 percent more than the five million kilograms that Mighty Corp bought in 2013.
“This is to assure our tobacco farmers of our willingness to help in response to the published report of the market leader in the tobacco industry to lessen production this year,” Barrientos said.
This will end the speculations made by the critics and spreading lies about Mighty Corp has been importing raw materials from foreign countries at low prices and not buying tobacco from local farmers.

Meanwhile, Mighty Corp’s market shares increased as the government implemented the Sin Tax Law.That's why smokers nowadays are switching to low-priced cigarettes. 

Tuesday, March 18, 2014

Mighty Corp signed an agreement for an outreach program in the Ilocos region


Bulacan-based manufacturer of quality cigarettes, Mighty Corp recently signed an agreement for outreach projects. It will benefits the tobacco farmers in the Ilocos and Cagayan Valley provinces.

According to Mighty president retired General Edilberto Adan and vice president retired Judge Oscar Barrientos, he said that they signed an agreement with the National Federation of Tobacco Growers’ Association and Cooperatives represented by its national president Mario Cabasal. 

The said joint projects which aim to uplift tobacco farmers under the former’s corporate social responsibility program. Mighty Corp has already delivered 90 diesel-fed water pumps and 16 units of power tillers to various farm groups in the provinces of Abra, Ilocos Norte, Ilocos Sur, La Union, Pangasinan, Isabela and Cagayan.


Meanwhile, Mighty does have plans to support the NTA’s yearly search for the best tobacco farmers in the country. NTA Administrator Edgar D. Zaragoza said Mighty’s CSR will boost the tobacco industry.
“The more players dealing directly with the farmers, the better and merrier,” Zaragoza said on the initiative of Mighty Corp.


“This should encourage other industry players to do the same to help the tobacco farmers and their families," he added.

Monday, March 10, 2014

Mighty Corp: Doing good deeds thru their Corporate Social Responsibility program

Filipino-owned tobacco manufacturer, Mighty Corp also focus on their Corporate Social Responsibility program thru Wong Chu King Foundation.  

According to San Fernando City Bishop Rodolfo Beltran, he commended on what the foundation and Mighty helped the community by spreading the faith in the Philippines. Also they prioritized apostolic works and education in its projects.

He added that they donated to church projects and funded scholarships to deserving students in Lagawe, Bontoc. The charitable arm of Mighty picked four seminarians and students of vocational courses.

“The parents of these students are low-income farmers producing only for local consumption,” the bishop said. “So you can imagine the positive impact this kind of support has for them.”, he added.

The bishop also praised Mighty Corp for their outreach project in which benefits 65,000 organized tobacco farmers of Northern Luzon. Last January, the signing of agreement on the project between Mighty and 200 farmer leaders of the National Federation of Tobacco Farmers and Cooperatives Inc was held in the North. The members of the cooperatives are from Pangasinan, La Union, Abra, Cagayan, Isabela, Ilocos Norte and Ilocos Sur.
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In the memorandum agreement, it stated that Mighty will donate 16 hand tractors worth P2.5 million and 90 irrigation pumps worth P1.1 million to the farmers.

“I’m quite happy about all these projects. It’s a big lift for our farmers, not only in La Union but also the whole of Northern Luzon,” Beltran said. “This is something very beautiful as the hand tractors and water pumps encourage our farmers to use modern methods of agriculture.”

Aside from these donations, the foundation also renovated churches in the country. Some of the beneficiaries are Basilica Minore of the Our Lady of Piat Church in Piat, Cagayan, and Diocesan Shrine of Immaculate Conception in Naic, Cavite.

Meanwhile, Auxiliary Ricardo Baccay of Tuguegarao City lauded Mrs. Nelia Wong Chu King's institution as a step in the right direction. He said that his diocese, like all dioceses, have serious concerns. If WCKF is out to help schools, putting up libraries is the best form of help it can give.

“For many years, I have personally known the chairman, WCKF chairman of the board of trustees,” said Archbishop Emeritus Diosdado Talamayan of the Archdiocese of Tuguegarao City. “She and her family are great devotees of Our Lady of Piat, and they have erected a chapel in Malolos City, Bulacan, dedicated to Our Lady of Piat, which was blessed by many bishops led by Cardinal Gaudencio Rosales in 2012.”

Archdiocese of Caceres' Archbishop Rolando Tirona describes the owner of Mighty Corp as an upright family and said it was “highly uncharacteristic for them to be involved in the illicit trade practices of technical smuggling and tax evasion.”

Friday, March 7, 2014

Substantial evidence against Mighty Corp

The Bulacan-based manufacturer, Mighty Corp has been known for their quality cigarettes in the country for the past seven decades. Since October last year, they were accused by PMFTC by doing technical smuggling and underpaid taxes. Widespread smear campaigns online and broadsheet that makes the company "trial by publicity". There are some speculations made by Lucio Tan-owned company which has no probable proof. 

Philip Morris does not pay a royalty for the brands that it produces here in our country. Mighty Corp paid more than P8 billion in excise tax as of last year. When a study done by the research firm, AC Nielsen saying that the company’s selling at a loss of P4 per pack. Where's the substantial evidences that Mighty Corporation did it?

According to Finance Secretary Cesar Purisima said that information obtained from sources and his department’s analysis, the company is covering the loss from sales of cigarettes Mighty does not declare to the BIR.  He immediately order four officials to submit their report on or before Aug. 30, 2013. Where are the reports that the said officials did their own investigation against Mighty?

AC Nielsen claimed Mighty did not pay the excise tax.  According to BIR Commissioner Kim Jacinto Henares said that it is not her business to find out why Mighty is selling at a loss under an excessive tax rate. They don’t have proofs that Mighty Corp did technical smuggling of tobacco in the country.

Though Mighty Corporation was the center of several controversies surrounding the tobacco industry, two government agencies, BIR and BOC must also check if other tobacco companies are liable to operate their business in the Philippines. And for AC Nielsen, they must do their intensive research rather to publish malicious lies against Mighty Corp.


Here's the thing: Will Philip Morris and Fortune Tobacco Corp. finally reveal the merger and accepts fair competition? The Wongchuking-owned business is looking forward on their extensive growth in the country. Truth must prevail.