Glo Archives | Be Korea-savvy
Local Gov’ts Feeling the Pinch as Smokers Switch to E-Cigarettes

Local Gov’ts Feeling the Pinch as Smokers Switch to E-Cigarettes

CHEONGJU, Jan. 5 (Korea Bizwire) — What on the surface appears to be good news actually has municipal governments worried. Last year, tobacco consumption tax revenues declined considerably, which may be interpreted by some as a sign of a healthier public who, deterred by a government-ordered price hike of around 80 percent, are willing to [...]

Preorders for Latest HNB E-Cig “Lil” Hit 10,000 in 2 Days

Preorders for Latest HNB E-Cig “Lil” Hit 10,000 in 2 Days

SEOUL, Nov. 15 (Korea Bizwire) – KT&G has exhausted its 10,000-unit supply of its HNB e-cigarette “Lil” within two days, according to the South Korean tobacco firm. Sold at GS25 convenience stores throughout the Seoul area, the pre-orders began on November 13 and ended around 5 p.m. the following day. Buyers can pick up their [...]

Gov’t Endorses Tax Hike for HNB E-Cigarettes

Gov’t Endorses Tax Hike for HNB E-Cigarettes

SEOUL, Nov. 9 (Korea Bizwire) — South Korea’s parliament passed a bill Thursday to raise the tax on heat-not-burn (HNB) e-cigarette products amid a lingering dispute over whether they should be treated differently from conventional cigarettes. The revision bill calls for increasing the individual consumption tax rate for HNB tobacco products — such as Phillip [...]

BAT to Launch Heat-Not-Burn Tobacco in South Korea Next Week

BAT to Launch Heat-Not-Burn Tobacco in South Korea Next Week

SEOUL, Aug. 10 (Korea Bizwire) – British American Tobacco (BAT) will begin sales of its new tobacco heating device in South Korea next week, its local unit said Thursday, joining the race to better grab the expanding market. The new gadget glo is shaped like any other battery-powered cigarette devices, except tobacco sticks called Neostiks, [...]