Foreign Tobacco Companies Reap the Benefits of Higher Cigarette Prices

SEOUL, Jan.29 (Korea Bizwire) – According to a report from the Joongang Ilbo, a Korean daily journal, the main beneficiaries of higher cigarette prices have turned out to be foreign tobacco companies. Despite a rise in prices at the beginning of 2015, cigarette imports have actually increased. Smokers returned to their addiction soon after the [...]