Philip Morris International yesterday unveiled a joint venture in the Philippines that will see it team up with Fortune Tobacco, a local cigarette maker owned by tycoon Lucio Tan, to create a company that will control 90 per cent of the domestic cigarette market.
菲利普莫里斯国际公司(Philip Morris International)昨天宣布在菲律宾达成一项合资协议，将与当地大亨陈永栽(Lucio Tan)旗下的本土烟草制造商福川烟厂(Fortune Tobacco)合作，创建一家将控制菲律宾卷烟市场90%份额的新公司。
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