Wongchuking Foundation donates to Yolanda survivors

Wongchuking Foundation donates to Yolanda survivors
Wongchuking Foundation donates to Yolanda survivors

Mighty Corp‘s corporate social responsibility arm Wong Chu King, has donated more than 4 million Pesos to hundreds of super typhoon Yolanda victims in Leyte, Cebu, Iloilo and Capiz.

According to WCKF coordinator Camille Arsenal, the foundation’s board of directors led by its chairman, Nelia Wong Chu King approved the release of the funds to the victims which includes 78 employees of Filipino cigarette producer Mighty Corporation and their dependents whose homes were either totally or partially destroyed by the typhoon.

WCKF did not think twice after learning of the extent of the disaster.  The victims were given enough funds to enable them to pick up the pieces and recover from the disaster,” she added.

Mighty Corporation’s  Wong Chu King Foundation also rebuilt churches all over the country.

With the aim of helping Filipino families with their livelihood and their dream for a better future, Mighty Corp, despite being dragged in several controversies is still pushing through with their initiatives with a more positive outlook this year.

Mrs. Wong Chu King said that they treat their employees like family.

The foundation that they started in 1990 is primarily aimed at providing assistance to the poor and underprivileged.  To promote education through scholarship programs and raise funds for charitable, cultural and educational purposes.

 

Mighty Corporation supports the programs of Wong Chu King Foundation

 

Tax drives against Mighty Corp and other companies

Tax drives against Mighty Corp and other companies In the recent Tax Watch advertisement, the Department of Finance featured top importers of five types of raw and manufactured tobacco products last year in terms of total dutiable value of imports, published alongside volume of shipments, duties paid, and average price per kilogram of these imports. In the particular ads, they included Mighty Corp. Continue reading Tax drives against Mighty Corp and other companies

Excise tax and Mighty Corp

Excise tax and Mighty CorpIn the imposed “sin tax” law, or RA 10351 on cigarettes and liquor, the reaction to reports that Bulacan-based Mighty Corp., owned by the Wongchuking family, got away last year with a P5-billion tax evasion allegation.

Finance Secretary Cesar Purisima ordered an investigation of Mighty C0rp for manifest smuggling and massive tax evasion in which addressing his memo to the Bureau of Customs (BOC) and the Bureau of Internal Revenue (BIR).

The BOC answered with its own full-page paid ad saying that prima facie evidence of smuggling against Mighty Corporation, indicating that the company abused its privileges in its BOC-accredited bonded warehouse at its factory site in Bulacan. Prior to that, Mighty Corporation published in an ad, denied the smuggling and tax evasion, and it already remitted to the government some P8 billion in excise tax in 2013. Continue reading Excise tax and Mighty Corp

Traders monitoring trading practices of Mighty Corp

Traders monitoring trading practices of Mighty CorpMembers of Federation of Philippine Industries (FPI) called for a “24/7 close monitoring” of the trading practices of low-cost cigarette manufacturer Mighty Corp. by the Bureau of Customs (BOC) and the Department of Finance (DOF).

According to Jesus Lim Arranza, he said that would be best not only for the BOC and the DOF but also for Mighty Corp., which operates a cigarette factory in Barangay (village) Tikay, Malolos, Bulacan.

“For the government, the move would prevent further revenue leakages while its investigation of Mighty Corporation’s business practices is ongoing, and for the cigarette firm, a chance to prove its innocence in the serious allegations it is facing,” Arranza said.

He lauded the customs bureau for suspending Mighty Corp’s license to operate a bonded warehouse. Continue reading Traders monitoring trading practices of Mighty Corp

Mighty Corp answered allegations by its rivals

Mighty Corp answered allegations by its rivalsMighty Corp, the Filipino owned manufacturer of cigarette products addressed allegations made by its rival company. Retired judge, Oscar P. Barrientos answered questions about the said company. With the predicament of the competitors, Mighty Corporation considered themselves as one of the leaders in the said industry. Continue reading Mighty Corp answered allegations by its rivals

BIR Commissioner Kim Henares defended Mighty Corp

BIR Commissioner Kim Henares defended Mighty CorpIn the recent development over the case of Mighty Corp, some of the critics called BIR Commissioner Kim Henares, who is also a CPA-lawyer is unofficial counsel of Mighty Corp. According to her, the rival company PMFTC maybe held liable for libel or slander. Mighty Corporation does have legal counsel, and why does the competitors didn’t stop of spreading lies? Continue reading BIR Commissioner Kim Henares defended Mighty Corp

On AC Nielsen’s inaccurate report and Mighty Corp

On AC Nielsen's inaccurate report and Mighty CorpThe Filipino-owned manufacturer of cigarette, Mighty Corp was under fire over the allegations of committing technical smuggling and tax evasion. With the report done by leading researching firm, AC Nielsen few months ago, it concluded that Mighty Corp did the unlawful act to the government. Continue reading On AC Nielsen’s inaccurate report and Mighty Corp

On Mighty Corp low-priced products

On Mighty Corp low-priced productsBulacan-based cigarette manufacturer Mighty Corp complied with the new Sin Tax law in which implemented last January this year. The controversies over the allegation of illegal activities that the rival companies, they are spreading malicious lies online and in broadsheet. Mighty Corp stands firm with their utmost service to the Filipino people. Last November 2013, the Wongchuking-owned company increased the price of their products. Continue reading On Mighty Corp low-priced products

Mighty Corp’s Wong Chu King Foundation restored historical churches

Mighty Corp's Wong Chu King Foundation restored historical churchesWith the helping hand of the founder of Mighty Corp, Wong Chu King Foundation, they supported the seismic retrofitting of historical churches in the country. Some of the sacred churches were damaged during the killer earthquake in Bohol and Cebu last year. If you may recall that there are at least more than 10 United Nation Heritage Sites were pulverized by the killer quake. And some of them were were built during the 1800’s.

Our Catholic Church in our country are very supportive over the Wong Chu King Foundation, they already aided some of the great churches in the country. Some of their projects that they’ve done are renovation of the roofs and ceilings of Diocesan Shrine of Immaculate Conception Church in Naic, Cavite and the reconstruction of the Basilica Minore of Our Lady of Piat Church in Tuguegarao City, Cagayan. It was made possible by Mighty Corp’s founder and Chairman of the Board of Trustees, Mrs. Nelia Wongchuking.

According to Most Rev. Ricardo Baccay, Auxiliary Bishop of Tuguegarao City, he said that  the foundation’s move to help build the churches and“a step in the right direction.” “My diocese, like all dioceses, have serious concerns. If WCK is out to help, retrofitting historic churches is one of the best forms of help it can give,” Baccay added.

Meanwhile, WCKF General Manager James Vincent Navarette said that “Churches are also symbols of strength and hope for Filipinos. To see a church survive earthquakes and other calamities can easily uplift the spirits of our people,” “The devastation brought about by the recent Visayas earthquake has firmed up our advocacy to build more churches and strengthen the Filipino faith,” he added

“However, we also understand that this is not enough. We have to make sure that the design and structure of these buildings, particularly the old and existing ones, are safe and resistant to calamities such as earthquakes.”Navarette said. The WCKF foundation has been renovating churches since 2009. In 2013, they donated P300,000 for textbooks and other library materials of Lyceum de Amulung in Cagayan North, Tuguegarao City.

The said procedure, seismic retrofitting means the process of remodeling structures to make them more resistant to damage brought about by earthquakes and other seismic activities. It aims to design, build, and maintain structures to comply with building codes and withstand seismic effects while sustaining an acceptable level of damage.

 

Mighty Corporation supports the programs of Wong Chu King Foundation