Event Brief
Philippines seeks higher taxes on vapes, alcohol, soft drinks
Filed: Aug 04, 2026 at 4:08 AM ET
Summary: The Philippines plans higher taxes on vapes, alcohol and soft drinks to offset revenue losses from pro-consumer measures.
WHO: Philippines government
WHAT: Proposed higher taxes on products including e-cigarettes, alcohol and soft drinks
WHEN: Aug 04, 2026 at 1:28 AM ET
WHERE: Philippines
WHY: To more than offset revenue losses from President Ferdinand Marcos Jr.'s pro-consumer measures.
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