Illicit cigarette trade still rampant in the Philippines, makes up a fifth of total sales (Philippine Star)

HONG KONG Illicit cigarette consumption in the Philippines remains sizable with 19 billion cigarettes consumed in 2014, accounting for nearly a fifth of total consumption, according to a recent study by UK-based research group Oxford Economics. In a briefing yesterday, Oliver Salmon, senior economist at Oxford Economics, said while total tobacco consumption fell three percent for…