Philip Morris, number two in the Japanese market with a 25 per cent market share, argues that a sharp rise in taxes could hurt tax revenues and lead to other adverse consequences.

在日本市场上拥有25%市场份额的第二大烟草公司菲莫争论说，税收的大幅增加会损害税收收入，导致其他负面结果。

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Overall, we expect Asia to remain the key growth driving region for Philip Morris, as volume and pricing gains in Indonesia are expected to more than offset sharp volume decline in the Philippines.

FORBES: A Closer Look At Philip Morris' Asia Opportunity