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Headlines Tagged with Korea - South 1,687 headlines found

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[Asia, Korea - South] Tax hike drives tobacco makers into corner

Philip Morris Korea suffered a sales drop of nearly 18 percent in the first quarter... "We are trying hard to increase exports (of cigarettes produced in Korea) to make up for domestic losses," Kim Byung-cheol, director of Philip Morris Korea, told report
Korea Times (kr)
added Apr 19, 2015 10:47
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[Asia, Korea - South] KT&G turns eyes toward global expansion

this year will be a turning point in its growth as the company’s overseas sales are expected to surpass its domestic sales for the first time. “As the domestic market has taken its toll due to various reasons, including the falling number of smokers, (we
Korea Herald (kr)
added Mar 16, 2015 12:01
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[Korea - South] Cigarette Imports Drop 14.4 pct Amid Surge in Demand for E-Cigarettes: Report

Cigarette imports dropped on-year in 2014, but imports of electronic cigarettes leaped as South Koreans tried to kick the habit after the government raised prices, the customs office said Monday. The government raised the average price of a pack of cigar
Yonhap News Agency (kr)
added Jan 19, 2015 02:23
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[Korea - South] Duty free shops reaping windfall from cigarette price hike

there has been a major increase in sales of cigarettes at duty free shops, where prices remains the same. The South Korean government and cigarette manufacturers are currently exploring the option of raising the price of cigarettes sold at duty free shops
The Hankyoreh (kr)
added Jan 14, 2015 11:17
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[Korea - South] Smoking Banned from 21 Nat'l Parks in S.Korea in 2013

The Korea National Park Service said on Saturday that it will designate all national parks as nonsmoking areas starting January first next year. Visitors found smoking will be fined 100-thousand won.
Korea Broadcasting System (KBS World Radio) (kr)
added Dec 30, 2012 15:57
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[Korea - South] Philip Morris launches 'refreshing' cigarette

The new Marlboro Zing Fusion is the very first refreshing-flavored product in Korea from the Marlboro brand portfolio, the company said Thursday. "It delivers Marlboro's signature smooth taste and provides a distinctive refreshing taste when crushing a
Korea Times (kr)
added Apr 2, 2015 12:59
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[Asia, Korea - South] KT&G to unveil ‘This Africa’

KT&G Corp. said on Monday that it would put its new tobacco product “This Africa,” the latest in its “This” lineup, on sale, starting Wednesday. The country’s largest tobacco maker said, “This Africa” contains tobacco leaves that are roasted and dried i
Korea Herald (kr)
added Sep 9, 2013 15:14
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[Asia, Korea - South] S. Korea mulls linking cigarette prices to inflation

The finance ministry said it has recently outsourced a study on revising taxation and non-pricing regulation on tobacco prices to accept opinions about its move to curb the country's smoking rate. "If cigarette prices are raised by more than 2,000 won a
Yonhap News Agency (kr)
added May 7, 2013 07:24
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[Asia, Asia-pacific, Korea - South] South Korea: New year sees cigarette price hike

Tobacco sales have fallen sharply in South Korea after the price of cigarettes nearly doubled on New Year's Day, it's reported. Last year, the country's parliament approved an 80% increase in the price of cigarettes, from 2,500 won ($2.25; £1.47) per p
BBC Online
added Jan 5, 2015 23:07
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[Korea - South] Steep price increase could be coming for cigarettes

Additional tax revenue from cigarette sales could be used to address welfare budget shortfall
The Hankyoreh (kr)
added Mar 15, 2013 06:32
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