Monopolies in the Philippines (1965–1986) granted PD 1468, which declared the money as private and prevented any government audit. Cojuangco bought San Miguel Corporation (SMC) with the funds from the Coco levy. SMC is one of the oldest and largest beer, food, packaging and livestock conglomerate in the Philippines. President Marcos gave favors to SMC once Cojuangco became its head. Taxes were raised for liquor and cigarettes in January 1986, but excise taxes on beer went down. Beer is one of the main products of SMC, which helped the corporation save as much as $40 million that year. When Marcos was President, he often wrote
How Can You Expect to Be Taken Seriously? How Can You Expect to Be Taken Seriously? "How Can You Expect to Be Taken Seriously?" is the third single from Pet Shop Boys' album "Behaviour". It was released in the UK as a double A-side with "Where the Streets Have No Name (I Can't Take My Eyes off You)" by Parlophone Records on 11 March 1991. It was subsequently released as a single in its own right in the United States and France. The single later peaked at a low number 93 on the US "Billboard" Hot 100. As "Being Boring" and "It's Alright" were not released in the