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Cigarette Sales in S. Korea Stay Flat in 2021 On-year amid Pandemic

Cigarette Sales in S. Korea Stay Flat in 2021 On-year amid Pandemic

SEOUL, Jan. 28 (Korea Bizwire) — Sales of cigarettes in South Korea almost remained unchanged last year from a year earlier, but demand for electronic cigarettes rose amid the protracted pandemic, the finance ministry said Friday. South Korean smokers purchased 3.59 billion 20-cigarette packs in 2021, similar to the number logged the previous year, according [...]

Foreign Tobacco Firms Embrace Eco-friendly Programs to Promote ESG Management

Foreign Tobacco Firms Embrace Eco-friendly Programs to Promote ESG Management

SEOUL, Dec. 14 (Korea Bizwire) — Foreign tobacco companies have launched eco-friendly programs to promote environmental, social and governance (ESG) management. Philip Morris Korea is replacing packaging materials such as tape and bubble wrap that are used for the delivery of its IQOS tobacco heating device with eco-friendly paper materials on a gradual basis. It [...]

Gov’t to Disclose More Info on Harmful Effects of Smoking

Gov’t to Disclose More Info on Harmful Effects of Smoking

SEOUL, Nov. 22 (Korea Bizwire) — The government has decided to raise general awareness of the health risks of smoking once again by setting up an exclusive research institute specializing in the impact of tobacco on public health. The Korea Disease Control and Prevention Agency (KDCA) opened last Wednesday the ‘National Harmful Effects of Cigarette [...]

BAT Korea to Up Ratio of Non-combustible Cigarettes to 50 pct

BAT Korea to Up Ratio of Non-combustible Cigarettes to 50 pct

SEOUL, Nov. 5 (Korea Bizwire) — British American Tobacco (BAT) Korea said Thursday it will increase the ratio of non-combustible cigarette products to 50 percent by 2030 to boost sales amid regulations and health concerns over smoking. The British tobacco company has sold the heat-not-burn glo tobacco heating product (THP) series in the Korean market [...]

Gov’t Bans E-cigarette Sales Promotions

Gov’t Bans E-cigarette Sales Promotions

SEOUL, July 1 (Korea Bizwire) — Tobacco producers will now be banned from promoting cigarette consumption by offering new products for free trial. A bill containing relevant provisions to amend the National Health Promotion Act was passed by the state council on Tuesday. Current laws prohibit all acts of promoting cigarette sales by tobacco producers, [...]

Cigarette Sales Down 0.7 pct in 2019 on Higher Prices

Cigarette Sales Down 0.7 pct in 2019 on Higher Prices

SEJONG, Jan. 22 (Korea Bizwire) — Sales of cigarettes in South Korea fell 0.7 percent in 2019 from a year earlier due to the government-led anti-smoking campaign and higher prices, data showed Wednesday. Smokers purchased 3.45 billion 20-cigarette packs last year, compared with the previous year’s 3.47 billion packs, according to data compiled by the [...]