Fallout from Korea’s Cigarette Price Hike: Smokers Won’t Buy Pricey Tobacco

SEOUL, Jan. 3 (Korea Bizwire) – On the first day of 2015, when the tobacco price hike was implemented across the nation, overall sales for domestic brand cigarettes were remarkably slow, while tobacco from major international brands such as Dunhill or Camel proved very popular, as some foreign tobacco brands are not yet subject to [...]