Philip Morris Korea Inc. has been certified as the ‘Top Employer Asia Pacific 2021’ for its ‘people-centric’ HR philosophy and management amid the COVID-19 pandemic, the company said Tuesday. The South Korean unit of the global cigarette and tobacco manufacturing firm also bagged the ‘Top Employer South Korea 2021’ prize from Top Employers Institute, while winning the honor for the Asia Pacific ...

British American Tobacco (BAT) Korea said Thursday it will increase the ratio of non-combustible cigarette products to 50 percent by 2030 to boost sales amid regulations and health concerns over smok...for about 60 percent of the local tobacco market that does not include e-cigarettes, followed by Philip Morris International, Inc. with a stake of 23 percent and BAT with a 14 percent stake. BAT plan...

South Korea's food and drug watchdog said Monday it has filed a response to Philip Morris Korea Inc.'s lawsuit over the disclosure of information on its research on harmful substances found in alternative tobacco products. The Ministry of Food and Drug Safety said it has selected a local law firm to prepare for a legal battle with Philip Morris after filing a statement to the Seoul Administrativ...

Philip Morris Korea Inc. said Thursday that it will begin selling its tobacco sticks, called Heets, produced at its factory in South Korea later this month. To this point, Philip Morris Korea imported Heets for sale in South Korea. Heets (Yonhap) Philip Morris Korea has expanded its production facility in Yangsan, the first facility in Asia to manufacture heated tobacco units for its tobacco h...

Philip Morris Korea Inc. said it filed a suit against the Seoul government on Monday, demanding the disclosure of detailed information on its recent announcement over research on harmful substances f...n came amid the growing popularity of alternative tobacco products in South Korea. Philip Morris Korea has sold 1.9 million units of IQOS as of May since its launch a year earlier, and 1 million Sout...

The South Korean unit of Philip Morris International Inc. said Friday it will jack up the price of its heat-and-burn electronic cigarette by nearly 4.7 percent next week. The per-pack price of HEETS... imposed on heat-and-burn products and an expected increase in other levies, the company said. (Philip Morris) Philip Morris Korea said it will expand its plant in Yangsan, just north of the southea...

KT&G Corp. South Korea‘s leading cigarette maker, on Monday officially began selling its new tobacco-heating device, amid growing popularity of heat-not-burn (HNB) products in the country. The new ...e devices starting Monday. (Yonhap) The HNB tobacco market has been rapidly expanding in South Korea with the launch of British American Tobacco’s glo in August and Philip Morris International Inc....

... lawmakers are poised to grill CEOs of four tobacco companies operating in the country over their suspected tax evasion during a parliamentary audit this week, industry sources said Tuesday. South Korea's sole tobacco maker KT&G, Philip Morris Korea, British American Tobacco Korea and Japan Tobacco Inc. are suspected of dodging taxes on huge profits from a tobacco price hike last year. According to the sources, the National Asse...

Philip Morris Korea has rolled out Marlboro Zing Fusion, the latest brand from its flagship Marlboro lineup, in Korea on Wednesday. “In addition to Marlboro’s signature smooth taste, the capsule-ins...nd 0.4 mg of nicotine, and is available from April 1 with a retail price of 4,500 won per pack. Philip Morris Korea Inc. was founded in April 1989, as an affiliate of Philip Morris International. By...

.... It also said sales of foreign products accounted for 51.4 percent of its total cigarette sales last year, down 4.2 percentage points from the previous year. In addition, British American Tobacco Korea Co. (BAT Korea) posted a 17 percent drop in its 2012 sales in South Korea, and Philip Morris Korea Inc. (PM Korea) saw its Korean sales slide 11.2 percent last year. Market insiders attributed the sales drop to...

Philip Morris Korea Inc. on Monday opened its refurbished cigarette manufacturing factory in Yangsan, South Gyeongsang Province, the Korean unit of the international tobacco manufacturer said. The plant, which is equipped with raw material processing and packaging facilities, can produce 40 billion cigarettes per year, almost double that of the previous factory built in 2002. Philips Morris was...

Company targets sector that grows fast British American Tobacco Korea is striving to shore up its presence in the Korean market with premium cigarette products. The Korean unit of the global manufa...Dunhill Reloc But the segment of multinational premium cigarettes ― including Dunhill, Kent and Philip Morris International Inc.’s Marlboro and Parliament ― has gradually expanded over the past sever...

Philip Morris International Inc., the multinational tobacco group, said Wednesday it has appointed Chong Il-woo as managing director for the Korean unit. Chong, 49, will oversee management and orche... year,” Chong said in a statement. “Based on experiences I’ve gained in many countries including Korea, I will focus on providing high-quality products and service for customers in the Korean market,...