Monday, September 5, 2016

Mighty Corp. on its Planned Increase of Tobacco Purchase

Local cigarette manufacturer Mighty Corp. plans to substantially increase its tobacco purchase from domestic farmers nationwide.
This move was in line with their recent expansion dating back to the implementation of  Republic Act 10351 or the Sin Tax Reform Law.
This will allow Mighty to compete with in the tobacco industry on equal footing.
According to Mighty Corp.'s executive president, the company already asked permission for the planned increase of tobacco purchase.

He also claimed that this move will reassure local farmers that their crops will be profitable in the local market.

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