Tag: South Korea

New end game in sight

New end game in sight

| July 18, 2017

Talk of the tobacco-smoking end-game has been around for some time, but lately it has taken on a different form: one that offers smokers alternative products rather than nothing.

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KT&G to launch HNB device

KT&G to launch HNB device

| July 11, 2017

Competition within South Korea’s emerging heat-not-burn market is likely to heat up considerably this year.

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IQOS under scrutiny

IQOS under scrutiny

| July 10, 2017

A lack of understanding about the differences between conventional cigarettes, heated-tobacco products and electronic cigarettes could lead to bad policy decisions in South Korea.

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Heated-tobacco tax threat

Heated-tobacco tax threat

| June 28, 2017

A move to equalize the tax on cigarettes and heated-tobacco products is likely to send a message to Korean smokers that these two products pose the same level of risk.

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Support sought for clinics

Support sought for clinics

| June 27, 2017

The South Korean government, flush with a huge windfall of cigarette tax revenue, is being asked to use some of that money to support quit-smoking clinics.

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Taxing smokers

Taxing smokers

| June 21, 2017

Governments around the world like nothing more than taxing smokers, even though smokers often make up the most financially disadvantaged groups.

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Glo ready to go in Korea

Glo ready to go in Korea

| June 20, 2017

In South Korea, an August launch has been set for British American Tobacco’s glo tobacco-heating device.

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BAT ready to ‘glo’ in Korea

BAT ready to ‘glo’ in Korea

| June 5, 2017

BAT Korea’s Sacheon factory is being readied to become the export hub for British American Tobacco in Asia and to support the sales growth of heated tobacco products.

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June 5 launch for iQOS

June 5 launch for iQOS

| May 17, 2017

As expected, Philip Morris Korea is to launch iQOS in South Korea. It is due to go on sale in Seoul on June 5 before being rolled out to the rest of the country later this year.

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Korea awaits iQOS launch

Korea awaits iQOS launch

| May 15, 2017

IQOS is to be launched in South Korea later this week according to ‘industry sources’ presumably speculating on the subject of a PMI Korea press conference set for Wednesday.

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Considering fairer taxes

Considering fairer taxes

| May 11, 2017

Whether what is being considered is workable or not; at least South Korea’s new regime is trying to address the regressive nature of cigarette taxes.

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Tax increases ruled out

Tax increases ruled out

| April 28, 2017

A candidate in South Korea’s forthcoming presidential elections has vowed to return cigarette prices to the levels of 2014 – before a huge tax increase on January 1, 2015.

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Smoking linked to earnings

Smoking linked to earnings

| April 19, 2017

As in many other parts of the world, in South Korea it is those on lower incomes who tend to make up most of the country’s smokers.

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Smoking shifts

Smoking shifts

| April 12, 2017

If you are a South Korean female shift worker in your 50s, you are 5.55 times more likely to smoke than if you are a female daytime worker.

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Flying into trouble

Flying into trouble

| February 15, 2017

Tobacco smoking is involved in three-quarters of the illegal acts committed aboard aircraft that result in an arrest by airport police in South Korea.

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Prosecutors raid KT&G over alleged corruption

Prosecutors raid KT&G over alleged corruption

| October 5, 2015

Prosecutors announced on Oct. 2 that they have raided the headquarters of KT&G, South Korea’s leading tobacco maker, due to allegations that the company created slush funds in the process of taking over other companies, according to The Korea Herald. The office of Min Young-jin, the former head of KT&G Corp., as well as that […]

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Anti-smoking research institute to open in South Korea

Anti-smoking research institute to open in South Korea

| September 22, 2015

The South Korean government will open an anti-smoking research institute next month, where the ingredients found in tobacco will be studied and the harmful effects of smoking will be assessed. Data gathered at the institute will likely to be used in the government’s ongoing lawsuit against tobacco companies over compensation for health care costs linked […]

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South Korea’s tobacco tax revenue expected to soar next year

South Korea’s tobacco tax revenue expected to soar next year

| September 15, 2015

Tax revenue from cigarette sales in Korea is expected to reach more than 12.68 trillion won ($10.72 billion) next year, nearly double the increase from 2014, according to a report shown Monday by the independent Korea Federation of Taxpayers. The Korea Federation of Taxpayers said in its report that the increase is attributable mainly to […]

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Price hikes result in KT&G profit surge

Price hikes result in KT&G profit surge

| April 24, 2015

KT&G’s first-quarter operating profits and revenue have increased significantly compared to the same period last year, due to price hikes and improvements in its affiliates’ performances, according to a story in the Korea JoongAng Daily. South Korea’s No. 1 cigarette and ginseng company’s operating profit increased by nearly 65 percent year-on-year to krw428.5 billion ($395 […]

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South Korea considers stricter e-cigarette regulations

South Korea considers stricter e-cigarette regulations

| April 23, 2015

The government of South Korea plans to push for tougher legal restrictions on the sale of e-cigarettes, the finance ministry announced April 22. Finance Minister Choi Kyung-hwan, who also serves as deputy prime minister, told lawmakers in the National Assembly that he would soon “come up with a comprehensive proposal” on e-cigarettes that would ban […]

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