SEOUL, Sept. 24 (Korea Bizwire) — The government plans to readjust a variety of taxes attached to electronic cigarettes, such as the cigarette consumption tax and special consumption tax, to even out the balance between taxes imposed on e-cigarettes and non-electronic cigarettes. The Ministry of Economy and Finance announced the plans on Monday, following complaints [...]
SEOUL, Sept. 17 (Korea Bizwire) — Cigarette manufacturers will no longer be allowed to conduct various marketing activities for electronic devices used for smoking electronic cigarettes. The Ministry of Health and Welfare announced on Monday that new legislation will soon be implemented to ban such activities. The new legislation classifies electronic cigarettes as tobacco products [...]
SEJONG, Sept. 15 (Korea Bizwire) — South Korea’s tobacco imports rose to the highest level ever last year on the back of the popularity of e-cigarettes, government data showed Sunday. South Korea imported US$589.3 million worth of tobacco products in 2018, a record-high amount and the largest on-year growth since 1995, according to Statistics Korea. [...]
SEOUL, Aug. 1 (Korea Bizwire) — The popularity of traditional cigarettes is waning, as e-cigarettes have seen a significant boost in sales this year. The Ministry of Economy and Finance reported that cigarette sales reached 1.67 billion packs between January and June this year, which was a 0.6 percent decrease from last year. Among them, [...]
SEOUL, May 27 (Korea Bizwire) — South Korea will be conducting a component analysis of products from Juul, America’s most popular electronic cigarettes, to provide citizens with information about harmful substances included in the new cigarettes soon to be introduced to the country. “Juul is now available in the local market, and we are going [...]
SEOUL, Dec. 10 (Korea Bizwire) — Makers of e-cigarettes are employing an active marketing strategy, reaching out directly to consumers, industry officials said Monday. KT&G, Philip Morris Korea and British American Tobacco (BAT) Korea have all set up departments to exclusively promote sales of their e-cigarettes and are increasing the number of their street stores. [...]
Jun. 30 (Korea Bizwire) – Aside from controversial harmful effects, one of the positive side effects of e-cigarettes – a popular substitute for conventional cigarettes among smokers – was highlighted in a government report yesterday. According to the National Fire Agency, the government body responsible for fire prevention measures, fires caused by careless smoking have [...]
SEOUL, Jun. 7 (Korea Bizwire) — South Korea’s health authorities said Thursday that five “cancer-causing” substances were found in heat-not-burn electronic cigarettes sold in the local market, with the level of tar detected exceeding that of conventional cigarettes. The International Agency for Research on Cancer under the World Health Organization classifies certain substances belonging to [...]
SEOUL, May 16 (Korea Bizwire) — South Korean has seen sales of heat-not-burn (HNB) electronic cigarettes grow at a fast click since their debut here last year, amid soaring popularity among local smokers, data showed Wednesday. According to the data from the government and industry sources, 163 million packs of HNB tobacco products were sold [...]
SEOUL, Nov. 20 (Korea Bizwire) — South Korea saw shipments of electronic cigarettes soar this year on their growing popularity among smokers amid a tumble in sales of conventional tobacco, government data showed Sunday. According to the data from the finance ministry, shipments of electronic cigarettes, including Phillip Morris’ IQOS and British American Tobacco’s Glo, [...]