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The tobacco leaves were then brought to Manila and made into cigars and cigarettes in government-owned factories, later to be shipped out for export. Tobacco became a major commodity in the galleon trade. [8] The tobacco monopoly made the colony self-sustaining and profit-earning. [10] In 1808, the government realized a net profit of P500,000.00.
Field of tobacco in rural Philippines. First introduced in 1592, tobacco continues to dominate the social, political, and economic life in the Philippine regions where it is grown. The tobacco industry is a major force in the development of these areas, especially in Ilocos, in which it is still one of the region's leading sources of income.
Prime Media Holdings, Inc. (PMHI, commonly known as Prime Media) is a Philippine investment holding company based in Makati. Originally founded on February 6, 1963 as a development bank, the company has been changed to its current status since 2003. It is majority controlled by RYM Business Management Corporation, a business holding company ...
Philippine Collective Media Corporation (PCMC; officially known in their documents as Philippine CollectiveMedia Corporation) is a Philippine broadcast media company. [1] [2] Its headquarters are located in Barangay South Triangle, Quezon City, with offices in Makati and Tacloban.
They’re having themselves a cheesy little Christmas. A New Jersey deli is crafting 2-foot-tall ravioli Christmas trees — and they’re fry-ing off the shelf.
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Electronic cigarettes are marketed to smoking and non-smoking men, women, and children as being safer than cigarettes. [1] In the 2010s, large tobacco businesses accelerated their marketing spending on vape products, [2] [3] similar to the strategies traditional cigarette companies used in the 1950s and 1960s.
Billy Crystal is reminiscing about being a student under the legendary Martin Scorsese. Crystal, 76, recalled what it was like being taught by the legendary director while he was attending New ...