SEOUL, Dec. 15 (Korea Bizwire) — The South Korean unit of Philip Morris International Inc. said Friday it will jack up the price of its heat-and-burn electronic cigarette by nearly 4.7 percent next week. The per-pack price of HEETS, the tobacco units used with its electronic tobacco heating device IQOS, will go up to 4,500 [...]
SEOUL, Nov. 24 (Korea Bizwire) – South Korea is seeking to impose higher taxes on smokeless tobacco e-cigarette products and adopt graphic health warning labels on packages, the welfare ministry said Friday. The Ministry of Health and Welfare said it had recently proposed a revision to the existing public health promotion law in order to [...]
SEOUL, Nov. 17 (Korea Bizwire) — Lee Tae-kyung, a 37-year-old office worker who has been smoking for 15 years, recently switched to an e-cigarette that heats tobacco without burning. “This is said to be less harmful than traditional cigarettes,” Lee said, as he took a puff on his pen-shaped contraption at a designated smoking zone [...]
SEOUL, Oct. 10 (Korea Bizwire) — Imports of electronic cigarettes more than doubled after the government raised taxes on conventional tobacco in 2015 to discourage smoking, government data showed Tuesday. Industry sources attribute the sharp rise to smokers switching to e-cigarettes which are exempted from higher taxes. The government increased taxes on cigarettes by 2,000 [...]
SEOUL, Jun. 9 (Korea Bizwire) — KT&G Corp. said Thursday it will soon release heat-not-burn (HNB) cigarettes amid the growing popularity of the smoke-free tobacco despite concerns of the emissions of toxic substances similar to those of conventional cigarettes. The largest tobacco manufacturer in South Korea will begin marketing the new product in September, a [...]
SEOUL, May 18 (Korea Bizwire) – On Wednesday, Philip Morris announced that it would begin selling its new e-cigarette iQOS in June, which is allegedly relatively harmless compared to typical cigarettes because it “heats” the tobacco leaves inserted into the device instead of “burning” them. The announcement immediately posed a new concern for South Korea’s [...]
SEOUL, May 17 (Korea Bizwire) – Philip Morris International Inc. said Wednesday its new e-cigarette device that contains tobacco leaves will go on sale in South Korea starting early next month. The local unit of the global tobacco company, Philip Morris Korea, said IQOS, the brand of its new tobacco product, will be available in Seoul [...]
SAN DIEGO, Mar. 17 (Korea Bizwire) — The Bright Cell, a leading e-cigarette and vaping company in South Korea, has partnered with Next Generation Labs to captivate the growing female vape market in Korea with the October 2016 launch of its Scala e-liquid brand. Developed with Next Generation Labs’ TFN Nicotine® – a test-verified non-tobacco [...]
SEJONG, Jan. 19 (Korea Bizwire) — Cigarette imports dropped on-year in 2014, but imports of electronic cigarettes leaped as South Koreans tried to kick the habit after the government raised prices, the customs office said Monday. The government raised the average price of a pack of cigarettes by 2,000 won (US$1.84) on Jan. 1, pushing [...]
SEOUL, Jan. 7 (Korea Bizwire) – Against the backdrop of the hiked cigarette prices, and as the consumption of electronic cigarettes increases, the South Korean government has unsheathed its sword against the battery-powered vaporizers. The Ministry of Health and Welfare held an explanation session on the harmfulness of the e-cigarettes on Jan. 6, and announced that [...]