South Korea

South Korea's food and drug safety agency unveils draft regulations on harmful substances in tobacco products.

South Korean Parliament's proposal to include synthetic nicotine in tobacco regulation failed to pass in Economic Committee.

South Korean Parliament's committee delays regulation on synthetic nicotine e-cigarettes due to opposition from some members, impacting sales.

Legislation proposal to regulate synthetic nicotine e-cigarettes failed in South Korean Parliament committee meeting on Feb. 10.

Philip Morris International (PMI) begins pre-orders for new HNB device "IQOS Iluma i" series in South Korea, available at 9 stores.

Philip Morris International's market share in South Korea reaches 19.9% in Q4 2024, just shy of 20% target.

KT&G adjusts cigarette and heated tobacco products, discontinuing some traditional lines and introducing new ones, aiming for market growth.

South Korea Government requires tobacco manufacturers to regularly test harmful substances and publicly disclose results starting November.