Mighty Corp, a Bulacan based tobacco manufacturer in the country has been vocal to their initiative to help tobacco farmers. The National Tobacco Administration chief Edgardo Zaragoza welcomed the assistance provided to tobacco farmers to the company. “The more players dealing directly with the farmers, the better and merrier. This is a big boost to the tobacco industry,” Zaragoza said.
He said that Mighty's CSR programs will increase the assistance provided to farmers and their families and “we hope this would encourage other cigarette industry players to do the same.”
Meanwhile, Mighty Corp decided to buy 10 million kilograms of tobacco leaves, one fifth of the industry’s total production. It has also provided 100 scholarships to high school graduate children of tobacco farmers.
Zaragoza said the NTA was working on the implementing rules for the excise taxes on cigarettes “to ensure that the taxes will directly benefit tobacco farmers.”
“In 2003, excise tax collection from tobacco increasaed by almost P35 billion. From P32 billion in 2012, it became P67 billion in 2013,” Zaragoza said.
Lunes, Hunyo 16, 2014
Lunes, Hunyo 9, 2014
Church officials backs Mighty Corp’s CSR projects
Mighty Corp, a wholly Filipino owned company
which is dedicated their works in helping out the needy.
With the Church officials who are elated over
the charitable works of Mighty Corp, Archbishop Emeritus Diosdado Talamayan of the
Archdiocese of Cagayan said the Wongchuking family was helping build churches
and promoting devotion to Our Lady of Piat.
“For the past many years, I have known
personally Mrs. Nelia Wongchuking, chair of the board of trustees of Wong Chu
King Foundation Inc.,” said Talamayan.
“She,
together with the entire family, are great devotees of Our Lady of Piat,” the
bishop said. He added that the family built a chapel for Our Lady of Piat in
Malolos, which was a gesture of their devotion.
Mighty Corp purchased tobacco leaf for farmers
For the past few months, Mighty Corp, a wholly Filipino owned tobacco manufacturer pledges help to the farmers in the Ilocos Region and Cagayan Valley
According to Oscar P. Barrientos, executive vice president of Mighty Corp said that the company’s share of the domestic market has dramatically risen from five percent last year to 20 percent this year.
“We have earned our fair share of the market by making quality but affordable cigarettes that were smartly packaged, creatively and ingenuously sold to the mass market. That is the secret of our success in breaking the cigarette monopoly in this country and were mighty proud of our modest success coming from a home-grown and Filipino-owned cigarette company”, said Barrientos.
“With a bigger share of MightyCorporation in the market today, we are giving the tobacco farmers a fair shake of our success by offering competitive prices to their crops,” he added.
Barrientos stressed out that Mighty Corp consistently championed the cause of the Filipino tobacco farmers by buying a larger share of the low-grade tobacco leaves at a good prices. He also explained that the tobacco company bought even the low-priced tobacco leaves.
The domestic market for cigarettes became a virtual monopoly with over 90 percent of the market share when international tobacco giant Philip Morris acquired majority ownership of its lone competitor, Fortune Tobacco in 2010.
According to Oscar P. Barrientos, executive vice president of Mighty Corp said that the company’s share of the domestic market has dramatically risen from five percent last year to 20 percent this year.
“We have earned our fair share of the market by making quality but affordable cigarettes that were smartly packaged, creatively and ingenuously sold to the mass market. That is the secret of our success in breaking the cigarette monopoly in this country and were mighty proud of our modest success coming from a home-grown and Filipino-owned cigarette company”, said Barrientos.
“With a bigger share of MightyCorporation in the market today, we are giving the tobacco farmers a fair shake of our success by offering competitive prices to their crops,” he added.
Barrientos stressed out that Mighty Corp consistently championed the cause of the Filipino tobacco farmers by buying a larger share of the low-grade tobacco leaves at a good prices. He also explained that the tobacco company bought even the low-priced tobacco leaves.
The domestic market for cigarettes became a virtual monopoly with over 90 percent of the market share when international tobacco giant Philip Morris acquired majority ownership of its lone competitor, Fortune Tobacco in 2010.
Huwebes, Hunyo 5, 2014
Tobacco manufacturer Mighty Corp giving hope to farmers
Filipino-owned company, Mighty Corp has been pushing to help the tobacco industry through their projects. One of which is helping three million tobacco farmers and their dependents increase their yield in the Ilocos and Cagayan Valley regions.
According to Mighty’s executive vice president Oscar Barrientos said that the company’s share of the domestic market dramatically increased from a minimal 5 percent in 2012 to 20 percent in 2013. This increased help to millions of tobacco farmers whose lives were dependent on the tobacco industry.
“We have earned our fair share of the market by making quality but affordable cigarettes that were smartly packaged, creatively and ingenuously sold to the mass market. That is the secret of our success in breaking the cigarette monopoly in this country and we’re mighty proud of our modest success coming from a homegrown and Filipino-owned cigarette company,” said Barrientos
“With a bigger share of Mighty Corp. in the market today, we are giving the tobacco farmers a fair share of our success by offering competitive prices to their crops,” he added.
“Last year alone, we have bought even the low-priced tobacco leaves. Had Mighty Corp. not done that, it would have created a great economic dislocation for tobacco farmers,” said Barrientos.
“We will be happy to offer better prices to tobacco farmers and are willing to tie-up with the Department of Agriculture and the National Tobacco Administration to cement our partnership with the farmers,” he said.
Aside from the farmers who were benefiting from Mighty’s growth, it also pushed their way to pay the right amount of taxes annually.
“Our contribution is in the form of taxes, because it helps the development of the country, with taxes. We were paying P300 million before, now we are paying more than P8 billion in excise taxes and that helps the economy. We also employed more factory workers. Now, we have more than 2,000,” he said.
Barrientos said with bigger contribution, Mighty was also expanding its corporate social responsibility projects to help tobacco cooperatives increase their production.
“As far as CSR is concerned, we will have irrigation pumps in their area and provide mini tractors. This will come in the form of grant. We will have scholarship grants,” he said.
“We have other plans. Aside from scholarship, by next year, we plan to give awards for outstanding farmers, in cooperation with the National Tobacco Administration,” he added.
Mighty Corp. had a long-term plan to improve its market share and help hundreds of thousands of tobacco leaf growers’ workers.
According to Mighty’s executive vice president Oscar Barrientos said that the company’s share of the domestic market dramatically increased from a minimal 5 percent in 2012 to 20 percent in 2013. This increased help to millions of tobacco farmers whose lives were dependent on the tobacco industry.
“We have earned our fair share of the market by making quality but affordable cigarettes that were smartly packaged, creatively and ingenuously sold to the mass market. That is the secret of our success in breaking the cigarette monopoly in this country and we’re mighty proud of our modest success coming from a homegrown and Filipino-owned cigarette company,” said Barrientos
“With a bigger share of Mighty Corp. in the market today, we are giving the tobacco farmers a fair share of our success by offering competitive prices to their crops,” he added.
“Last year alone, we have bought even the low-priced tobacco leaves. Had Mighty Corp. not done that, it would have created a great economic dislocation for tobacco farmers,” said Barrientos.
“We will be happy to offer better prices to tobacco farmers and are willing to tie-up with the Department of Agriculture and the National Tobacco Administration to cement our partnership with the farmers,” he said.
Aside from the farmers who were benefiting from Mighty’s growth, it also pushed their way to pay the right amount of taxes annually.
“Our contribution is in the form of taxes, because it helps the development of the country, with taxes. We were paying P300 million before, now we are paying more than P8 billion in excise taxes and that helps the economy. We also employed more factory workers. Now, we have more than 2,000,” he said.
Barrientos said with bigger contribution, Mighty was also expanding its corporate social responsibility projects to help tobacco cooperatives increase their production.
“As far as CSR is concerned, we will have irrigation pumps in their area and provide mini tractors. This will come in the form of grant. We will have scholarship grants,” he said.
“We have other plans. Aside from scholarship, by next year, we plan to give awards for outstanding farmers, in cooperation with the National Tobacco Administration,” he added.
Mighty Corp. had a long-term plan to improve its market share and help hundreds of thousands of tobacco leaf growers’ workers.
Mighty Corp agreed to pursue joint projects to farmers
Four months ago, group of tobacco farmers and Mighty Corp sealed an agreement to pursue joint projects designed to uplift the lives of farming families in Northern Luzon.
During the signing of agreement, it was attended by Mighty executives led by retired general Edilberto P. Adan and retired judge Oscar P. Barrientos, president and executive vice president, and Mario Cabasal, head of the National Federation of Tobacco Farmers and Cooperatives, Inc. The said theme for the project called “Sama-sama Tayong Pilipino sa Pagyabong ng Industriya ng Tabako.”
Meanwhile, they held a consultative meeting between 200 tobacco farmer leaders in Pangasinan, La Union, Abra and the Ilocos provinces and Mighty Corporation.
Through the company’s CSR arm, Wong Chu King Foundation Inc. handed 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 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.
Cabasal expressed elation over the Mighty Corp’s commitments to initially buy at least 10 million kilograms of tobacco leaves.
Mighty Corp reaching out for fish pond operators
Bulacan-based tobacco manufacturer, Mighty Corp had pledge to donate tobacco dust for the tobacco farmers from the northern part of the country.
The fish pond conditioner protects local ponds from predators that will help millions of Filipino fish pond owners, operators and tobacco farmers nationwide.
“We are going to help the National Tobacco Administration promote the use of tobacco dust by donating to our thousands of fish pond owners and operators all over the country,” Mighty Corp. executive vice president Oscar Barrientos said.
“In doing so, we are helping both tobacco farmers and fish pond owners and operators increase their yield,” he added.
The NTA was promoting tobacco dust to control the population of snails and other fish pond predators, as this was “an effective and economic option to replace highly toxic and cyanide-based chemicals used in the preparation or sterilization of fishponds.”
The company targeting to level up the income of the tobacco-growing industry by buying 10 million tobacco leaves from local farmers all over the country as they allotted P700,000 for the purchase of green leaves.
The dust promotes the growth of lablab, an algae and natural fish food, and serves as pond floor conditioner. Pond owners and operators use it to prepare or sterilize fish ponds before stocking fingerlings there.
Fish stocking is the practice of raising fish in a hatchery and releasing them into a river, lake, or the ocean to supplement existing population, or to create a population where none exists.
Mighty Corp’s continuing efforts to help local tobacco farmers earn more with a projected increase in the production of tobacco leaves and tobacco dust while helping pond owners and operators and the environment as well.
The fish pond conditioner protects local ponds from predators that will help millions of Filipino fish pond owners, operators and tobacco farmers nationwide.
“We are going to help the National Tobacco Administration promote the use of tobacco dust by donating to our thousands of fish pond owners and operators all over the country,” Mighty Corp. executive vice president Oscar Barrientos said.
“In doing so, we are helping both tobacco farmers and fish pond owners and operators increase their yield,” he added.
The NTA was promoting tobacco dust to control the population of snails and other fish pond predators, as this was “an effective and economic option to replace highly toxic and cyanide-based chemicals used in the preparation or sterilization of fishponds.”
The company targeting to level up the income of the tobacco-growing industry by buying 10 million tobacco leaves from local farmers all over the country as they allotted P700,000 for the purchase of green leaves.
The dust promotes the growth of lablab, an algae and natural fish food, and serves as pond floor conditioner. Pond owners and operators use it to prepare or sterilize fish ponds before stocking fingerlings there.
Fish stocking is the practice of raising fish in a hatchery and releasing them into a river, lake, or the ocean to supplement existing population, or to create a population where none exists.
Mighty Corp’s continuing efforts to help local tobacco farmers earn more with a projected increase in the production of tobacco leaves and tobacco dust while helping pond owners and operators and the environment as well.
Lunes, Hunyo 2, 2014
Mighty Corp’s rival stopped the new cigarette variant by BIR
Last May 3, the rival company of Filipino-owned cigarette manufacturer Mighty Corp cancelled the error printing of their new cigar variant.
The said flavoured-cigar, Marlboro Flavor Code that the permit that was issued by BIR was been revoked without securing a prior permit. “Please be informed that upon verification and comparison of the approved label of the subject brand name against the commercial label being manufactured and distributed in the market, it was found out that the actual color scheme was not in conformity with the approved color scheme for the particular brand,” LTS Chief Alfredo Misajon said.
He added that “the color of the approved sample label bears shade of dark gray while the color of the actual commercial label found in the market is black.”
Misajon’s letter added PMFTC blatantly violated the condition of the permit (ELTRD-(T)-011-05-13-87598) it issued to the firm with an explicit prohibition that:
“No changes/alteration of the color scheme on the approved commercial label shall be made without prior approval from the Commissioner of Internal Revenue.”
The reason why the permit was revoked because it failed to meet the specifications as stated in its application like the color and other details to be put in the pack, or carton cover.
The sources said that the Lucio Tan’s owned company has already signified its intention to appeal the adverse decision, adding that the error was due to the kind of paper used which could not meet the color specified in its permit application.
“If an applicant applies for a bright red or blue color he must come out with the right coloration, not a shade of red or blue,” she said. And the infringement of patent and unfair competition can be avoided as provided for under Revenue Regulations Nos. 3-2006 and 17-2012.
A manufacturer should not also ride on the popularity of a brand that was previously registered, the same official said.
Mighty Corp’s competitor has been trying to employ various schemes to regain its market dominance, including the attempt last January, to sell in Mindanao and elsewhere at P245.00 per ream or P1.23 per stick of the same label with a black shade of color which the BIR subsequently banned, claiming that they cannot sell low-priced Marlboro because it is classified as premium brand.
They sent a letter-request to the BIR on Nov. 25, 2013, the company claimed there was a need to introduce new cigarette brands to reverse the current decline in its sales due to stiff competition.
“What is more worrying, we expect the down-trading to continue, with the Marlboro volume further decreasing to 7.9 billion sticks in 2014,” PMFTC President Paul Riley said.
Meanwhile, Mighty Corp has been dedicated to the Filipino people on their CSR projects and boosting the livelihood of the tobacco farmers in the country.
The said flavoured-cigar, Marlboro Flavor Code that the permit that was issued by BIR was been revoked without securing a prior permit. “Please be informed that upon verification and comparison of the approved label of the subject brand name against the commercial label being manufactured and distributed in the market, it was found out that the actual color scheme was not in conformity with the approved color scheme for the particular brand,” LTS Chief Alfredo Misajon said.
He added that “the color of the approved sample label bears shade of dark gray while the color of the actual commercial label found in the market is black.”
Misajon’s letter added PMFTC blatantly violated the condition of the permit (ELTRD-(T)-011-05-13-87598) it issued to the firm with an explicit prohibition that:
“No changes/alteration of the color scheme on the approved commercial label shall be made without prior approval from the Commissioner of Internal Revenue.”
The reason why the permit was revoked because it failed to meet the specifications as stated in its application like the color and other details to be put in the pack, or carton cover.
The sources said that the Lucio Tan’s owned company has already signified its intention to appeal the adverse decision, adding that the error was due to the kind of paper used which could not meet the color specified in its permit application.
“If an applicant applies for a bright red or blue color he must come out with the right coloration, not a shade of red or blue,” she said. And the infringement of patent and unfair competition can be avoided as provided for under Revenue Regulations Nos. 3-2006 and 17-2012.
A manufacturer should not also ride on the popularity of a brand that was previously registered, the same official said.
Mighty Corp’s competitor has been trying to employ various schemes to regain its market dominance, including the attempt last January, to sell in Mindanao and elsewhere at P245.00 per ream or P1.23 per stick of the same label with a black shade of color which the BIR subsequently banned, claiming that they cannot sell low-priced Marlboro because it is classified as premium brand.
They sent a letter-request to the BIR on Nov. 25, 2013, the company claimed there was a need to introduce new cigarette brands to reverse the current decline in its sales due to stiff competition.
“What is more worrying, we expect the down-trading to continue, with the Marlboro volume further decreasing to 7.9 billion sticks in 2014,” PMFTC President Paul Riley said.
Meanwhile, Mighty Corp has been dedicated to the Filipino people on their CSR projects and boosting the livelihood of the tobacco farmers in the country.
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