cigarettes Archives | Be Korea-savvy
Teenagers Have Easier Access to Liquor and Cigarettes in Pandemic Era: Data

Teenagers Have Easier Access to Liquor and Cigarettes in Pandemic Era: Data

SEOUL, April 29 (Korea Bizwire) — Teenagers bought more liquor and cigarettes from convenience stores last year, data showed Thursday. The Korea Disease Control and Prevention Agency (KDCA) collected statistical data from 60,000 middle and high school students, in which their level of access to cigarettes grew from 67 percent to 74.8 percent and liquor [...]

22nd Century Group Announces South Korea as First VLN® International Market

22nd Century Group Announces South Korea as First VLN® International Market

BUFFALO, N.Y., Feb. 28 (Korea Bizwire) — 22nd Century Group, Inc. (Nasdaq: XXII), a leading agricultural biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and improving health and wellness through modern plant science, today announced the $1.6 billion1 South Korean tobacco market will be the first international market to commence sales of its VLN® reduced nicotine [...]

FDA Authorizes Marketing of 22nd Century Group’s VLN® as a Modified Risk Tobacco Product

FDA Authorizes Marketing of 22nd Century Group’s VLN® as a Modified Risk Tobacco Product

BUFFALO, N.Y., Dec. 23 (Korea Bizwire) — 22nd Century Group, Inc. (Nasdaq: XXII), a leading agricultural biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and improving health and wellness through modern plant science, announced today that the U.S. Food and Drug Administration (FDA) has authorized the marketing of the Company’s VLN® King and VLN® Menthol King reduced [...]

Tobacco Firms Downsize Sales Forces as Convenience Stores Emerge as Main Sales Channel

Tobacco Firms Downsize Sales Forces as Convenience Stores Emerge as Main Sales Channel

SEOUL, Feb. 23 (Korea Bizwire) — With social distancing becoming a new norm due to the prolonged COVID-19 pandemic, convenience stores are emerging as new centers of everyday life, leaving an impact on the retail landscape. Against this backdrop, some tobacco companies are cutting their sales staff. Philip Morris Korea Inc. recently downsized the sales [...]

Spending on Alcohol, Tobacco Hits Record High in Q3 amid Pandemic

Spending on Alcohol, Tobacco Hits Record High in Q3 amid Pandemic

SEOUL, Jan. 5 (Korea Bizwire) — South Koreans’ spending on liquor and cigarettes reached an all-time high in the third quarter of 2020 amid the coronavirus outbreak, central bank data showed Tuesday. Local households spent 4.3 trillion won (US$3.96 billion) on alcohol and cigarettes in the July-September period, up 6.2 percent from a year earlier, [...]

Cigarette Sales Rise 5.6 pct in Jan.-Sept. Period

Cigarette Sales Rise 5.6 pct in Jan.-Sept. Period

SEJONG, Oct. 30 (Korea Bizwire) — Sales of cigarettes in South Korea rose 5.6 percent on-year in the first nine months of this year, data showed Friday, thanks to robust sales of traditional cigarettes. South Korean smokers purchased 2.75 billion 20-cigarette packs in the January-September period, compared with 2.6 billion packs in the same period [...]

Japanese Tobacco Maker Unaffected by Boycott Movement

Japanese Tobacco Maker Unaffected by Boycott Movement

SEOUL, July 30 (Korea Bizwire) — Despite the boycott movement against Japanese products marking its first year after being sparked by Japan’s export restrictions against South Korea, consumption of Japanese cigarettes has remained more or less unaffected. The Korea Customs Service reported that South Korea imported 4,220.6 tons of cigarettes from the Philippines between July [...]