Cigarette business isn’t an easy industry to break into and small firms like Mighty Corp. tend to get swallowed up by the bigger multinational companies. However, the company launched by Wongchuking seven (7) decades ago, remains on its course and has achieved its goals despite the strong competition in both local and international market. The mighty strategies implemented by its founder and executives erected a kind of brand which delighted its loyal customers and attracted more patrons of the Filipino-valued product.
It's been a year now since the new sin tax code got implemented. The government instantly banked billions of pesos through the taxes it received from the cigarette makers and distributors in the Philippines. The Bureau of Internal Revenue (BIR) hits it tax target from this industry but they want more. BIR officials and other government officials aim to squeeze more money to the extent of making hasty investigations and unsubstantiated charges against Mighty Corp.