Posts tagged: National Economic

Cigarette stamps proposal not a done deal – Teves

MANILA – The proposal of Swiss firm SICPA Product Security SA to provide security stamps on cigarettes is not a done deal, Finance Secretary Margarito Teves said yesterday, assuring lawmakers that there was nothing final yet. “It must be clarified that the SICPA (proposal) is merely an unsolicited proposal under the BOT (Build-Operate-Transfer) Law. It’s not a done deal yet,” Teves said. He said that even if the Bureau of Internal Re ... Jump to full article >>