Korea Bizwire, Author at Be Korea-savvy | Page 34 of 118
Airports Busy With Smokers Buying Tax Free Cigarettes

Airports Busy With Smokers Buying Tax Free Cigarettes

  SEOUL, Jan. 8 (Korea Bizwire) – Incheon International Airport’s tax-free cigarette booths are swarming with Korean tourists lining up to buy tax-free cigarettes these days. With a pack of cigarettes in Korea now selling for more than 4,000 won (US$ 3.6), tax-free cigarettes have become a must-buy item on travelers’ shopping lists. However, this safe [...]

Korean Pharmaceutical Company’s Kickback Controversy

Korean Pharmaceutical Company’s Kickback Controversy

SEOUL, Jan. 7 (Korea Bizwire) – Korea Otsuka Pharmaceutical Co. lost a case where it demanded that the taxation be cancelled on the kickbacks given to hundreds of doctors through fraudulent “surveys”. The court decided that the survey consultant firm hired by Korea Otsuka was promoting and publicizing products of Korea Otsuka, but disguised it as surveying. [...]