tobacco Archives | Be Korea-savvy
S. Korea Advised to Limit Smoking at Public Places, Cigarette Ads: WTO

S. Korea Advised to Limit Smoking at Public Places, Cigarette Ads: WTO

SEOUL, Sept. 11 (Korea Bizwire) — The World Health Organization (WTO) has recommended South Korea to adopt more stringent regulations to ban cigarette smoking in public places and restrict tobacco advertising and promotions. The WTO has been issuing the outcome of the MPOWER project assessing the implementation of monitoring, protecting, offering help, warning, enforcing bans [...]

Warning Labels to Be Added to Cigarettes Sold at Duty Free Shops

Warning Labels to Be Added to Cigarettes Sold at Duty Free Shops

SEOUL, South Korea, March 23 (Korea Bizwire) – Graphic warning labels printed on tobacco packages will now be seen on packages of cigarettes sold at duty free shops. The Ministry of Strategy and Finance (MOSF) announced Wednesday that cigarette products exported from foreign countries for sale at duty free stores will also be subject to the [...]

KT&G Enjoys High Profitability Due to Strong Demand Abroad: Data

KT&G Enjoys High Profitability Due to Strong Demand Abroad: Data

SEOUL, March 14 (Korea Bizwire) – KT&G Corp., South Korea’s largest tobacco product manufacturer, said Tuesday it posted solid profitability last year due to growing demand abroad despite falling domestic consumption. The company said its sales rose to 2.96 trillion won (US$2.57 billion) in 2016, up from 2.82 trillion won in the previous year. The [...]

Sales Down Following Introduction of Graphic Cigarette Warnings

Sales Down Following Introduction of Graphic Cigarette Warnings

SEJONG, March 13 (Korea Bizwire) – Sales of cigarettes in South Korea fell for three straight months in February following the government push to imprint health warning graphics on the outside of packages, government data showed Monday. Some 240 million 20-packs of cigarettes were sold last month, down 14 percent from a year earlier, according [...]

Tobacco Tax Hike Boon for Imported Cigarettes

Tobacco Tax Hike Boon for Imported Cigarettes

SEOUL, Jan. 31 (Korea Bizwire) – It has been two years since the Korean government raised its tobacco tax by 80 percent.  Whether it helped to promote public health and bring down the smoking rate is still open to debate, but it was undoubtedly a lucrative decision for both the government and cigarette companies, especially [...]

A Stressful Year? Cigarette Sales Rise in 2016, Boosting Government Coffers

A Stressful Year? Cigarette Sales Rise in 2016, Boosting Government Coffers

SEOUL, Jan. 13 (Korea Bizwire) – It’s already two weeks into the new year, which means that more than a few smokers will have failed, once again, with their resolution to butt out.  Cessation clinics in Korea tend to boom in early January, with smokers excited about the new, healthy lives that they’re about to [...]