Philip Morris Fortune Tobacco invests $50 million in MisOr

Giant player Philip Morris Fortune Tobacco Corp. (PMFTC) Inc. said that it will continue to invest in a tobacco plantation located in Barangay Ane-i, Claveria, Misamis Oriental. According to PMFTC President Paul Riley, they have allocated more than $50 million (P2.24 billion) in this plantation. This is the second place in the world that Philip Morris has grown tobacco twice a year.

Photo by bloomberg.com

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