SEOUL, Nov. 7 (Korea Bizwire) — The cigarette price hike in 2015 has been effective in discouraging smoking in low income earners and youths, but not for people with high earnings, a survey said Tuesday. A public health and nutrition study by the Ministry of Health and Welfare said the smoking rate among the low-income [...]
SEOUL, Sep 12 (Korea Bizwire) – The government has finally decided to raise the cigarette price by 2,000 won from January next year. On September 11, Minister of Health & Welfare Moon Hyung-pyo announced a comprehensive plan to discourage smoking. He said in an economic ministers meeting on the same day, “Effective on January 1, 2015, [...]
SEOUL, June 20 (Korea Bizwire) – It seems that the Korea Ministry of Health and Welfare have picked out tobacco and alcohol as the culprits of Koreans’ addiction problems as it looks to impose various measures including higher pricing policies on these substances, which would fuel the heated disputes regarding the adequate price levels for [...]