BUFFALO, N.Y., Dec. 23 (Korea Bizwire) — 22nd Century Group, Inc. (Nasdaq: XXII), a leading agricultural biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and improving health and wellness through modern plant science, announced today that the U.S. Food and Drug Administration (FDA) has authorized the marketing of the Company’s VLN® King and VLN® Menthol King reduced [...]
SEOUL, Dec. 14 (Korea Bizwire) — Foreign tobacco companies have launched eco-friendly programs to promote environmental, social and governance (ESG) management. Philip Morris Korea is replacing packaging materials such as tape and bubble wrap that are used for the delivery of its IQOS tobacco heating device with eco-friendly paper materials on a gradual basis. It [...]
SEOUL, July 30 (Korea Bizwire) — Sales of cigarettes in South Korea went up 0.7 percent on-year in the first half of this year as smokers’ purchases via duty-free channels were thwarted amid the pandemic, the finance ministry said Friday. South Korean smokers purchased 1.74 billion 20-cigarette packs in the January-June period, compared with 1.73 [...]
SEOUL, Jan. 29 (Korea Bizwire) — Sales of cigarettes in South Korea rose 4.1 percent on-year last year as smokers’ purchases via duty-free channels were thwarted amid the pandemic, the finance ministry said Friday. South Korean smokers purchased 3.59 billion 20-cigarette packs last year, compared with 3.45 billion packs the previous year, according to the [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Koreans’ spending on liquor and cigarettes reached an all-time high in the third quarter of 2020 amid the coronavirus outbreak, central bank data showed Tuesday. Local households spent 4.3 trillion won (US$3.96 billion) on alcohol and cigarettes in the July-September period, up 6.2 percent from a year earlier, [...]
SEJONG, Nov. 25 (Korea Bizwire) — South Korea’s household spending on alcohol and cigarettes reached a new record high in the third quarter as the coronavirus outbreak forced more people to stay home, government data showed Wednesday. Local households spent an average of 42,980 won (US$38.7) on liquors and cigarettes during the July-September period, up [...]
SEJONG, April 29 (Korea Bizwire) — Sales of cigarettes in South Korea rose 4.1 percent on-year in the first quarter of this year, data showed Wednesday, due to robust sales of traditional cigarettes. South Korean smokers purchased 810 million 20-cigarette packs in the January-March period, compared with 780 million packs in the same period last [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korea on Thursday said it will maintain its strong warning against flavored e-cigarettes over health risks after the country’s health authorities found minute traces of substances suspected of causing severe lung injuries in e-cigarette liquids sold here. All 153 vaping liquid products revealed the presence of additives and [...]
SEOUL, May 21 (Korea Bizwire) – South Korea unveiled its “tobacco endgame” plan that calls for adopting uniform, plain packaging for all cigarettes and more graphic warning labels to push people to quit smoking, the government said Tuesday. The comprehensive endeavor, reached by the public health policy review committee, aims to lower the smoking rate [...]
SEOUL, Sept. 27 (Korea Bizwire) — Users of e-cigarettes are likely to consume conventional tobacco products, a study showed Thursday, suggesting limited health benefits for smokers. According to the survey conducted by the anti-smoking support center under the Korea Health Promotion Institute, all users of IQOS, a heat-not-burn device from Philip Morris International Inc., tended [...]