SEOUL, July 17 (Korea Bizwire) – American health experts argue that the prices of tobacco in Korea are still cheap compared to Koreans’ income levels. Jonathan Samet, director of the Global Health Research Institute at the University of Southern California, said, “I know that the Korean government raised tobacco prices by 2,000 won this year. [...]
SEJONG, Dec. 30 (Korea Bizwire) – The government said Tuesday that it will clamp down on hoarding by tobacco product manufacturers and consumers as South Korea moves to increase tobacco taxes in 2015. According to the finance ministry, police and officials from the tax and customs offices plan to check the inventory and sales records [...]
SEOUL, Dec 29 (Korea Bizwire) – Why a sudden increase of blows at South Korea’s many convenience stores in the run up to the government’s sweeping measure to hike tobacco prices starting January 1st of next year? Hint: Convenience stores are the most favorite destination for smokers to buy a cigarette in South Korea. With [...]
SEOUL, Korea, Sep 17 (Korea Bizwire) – More than a half of Koreans are in favor of a proposal to raise the cigarette price by 2,000 won. According to Gallup Korea data on September 16 based on a survey on 1,211 adults asking about their attitude toward smoking and smokers, 52 percent of respondents said [...]