Korean Gov’t to Raise Cigarette Price by 80% to 4,500 Won

SEOUL, Sep 12 (Korea Bizwire) – The government has finally decided to raise the cigarette price by 2,000 won from January next year. On September 11, Minister of Health & Welfare Moon Hyung-pyo announced a comprehensive plan to discourage smoking. He said in an economic ministers meeting on the same day, “Effective on January 1, 2015, [...]