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Tobacco law passed
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Lucas



Joined: 11 Sep 2012

PostPosted: Tue Dec 02, 2014 11:06 pm    Post subject: Tobacco law passed Reply with quote

http://www.bbc.com/news/world-asia-30305795

Quote:
South Korea's parliament has approved an 80% hike in the price of cigarettes, a move aimed at curbing consumption.

A rise from 2,500 won ($2.25; £1.43) per pack to 4,500 won from 1 January was part of the 2015 budget adopted late on Tuesday.


I can see the mad stampede for the 2,500 packs now.

Why not bulk buy now?
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trueblue



Joined: 15 Jun 2014
Location: In between the lines

PostPosted: Tue Dec 02, 2014 11:18 pm    Post subject: Reply with quote

Quote:
http://www.bbc.com/news/world-asia-30305795


Quote:
South Korea's parliament has approved an 80% hike in the price of cigarettes, a move aimed at curbing consumption. Laughing Rolling Eyes

A rise from 2,500 won ($2.25; £1.43) per pack to 4,500 won from 1 January was part of the 2015 budget adopted late on Tuesday.


I can see the mad stampede for the 2,500 packs now.

Why not bulk buy now?


Now, THAT is the way to go.
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BigBuds



Joined: 15 Sep 2005
Location: Changwon

PostPosted: Wed Dec 03, 2014 12:06 am    Post subject: Reply with quote

I was told when this was first brought up that shops started putting a 2 carton limit of cigarette purchases to stop a mad rush on bulk buying.
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Zyzyfer



Joined: 29 Jan 2003
Location: who, what, where, when, why, how?

PostPosted: Wed Dec 03, 2014 1:01 am    Post subject: Reply with quote

BigBuds wrote:
I was told when this was first brought up that shops started putting a 2 carton limit of cigarette purchases to stop a mad rush on bulk buying.


Coworker told me that it's just one carton, and if you are caught buying cigs in bulk you will be fined 50 million won or something insane.
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le-paul



Joined: 07 Apr 2009
Location: dans la chambre

PostPosted: Wed Dec 03, 2014 8:53 pm    Post subject: Reply with quote

booze and tobbacco runs over the border soon i think...
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banjois



Joined: 14 Nov 2009

PostPosted: Thu Dec 04, 2014 6:54 am    Post subject: Reply with quote

It's crazy, all of the stores in my neighbourhood are SOLD OUT of about 80% of their cigarettes every morning....
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CentralCali



Joined: 17 May 2007

PostPosted: Thu Dec 04, 2014 7:18 am    Post subject: Re: Tobacco law passed Reply with quote

Lucas wrote:
http://www.bbc.com/news/world-asia-30305795

Quote:
South Korea's parliament has approved an 80% hike in the price of cigarettes, a move aimed at curbing consumption.

A rise from 2,500 won ($2.25; £1.43) per pack to 4,500 won from 1 January was part of the 2015 budget adopted late on Tuesday.


I can see the mad stampede for the 2,500 packs now.

Why not bulk buy now?


I'm not a smoker, so I don't know about the shelf life of cigarettes. If you do buy them in bulk, how long would the things last before they're not worth smoking?
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northway



Joined: 05 Jul 2010

PostPosted: Thu Dec 04, 2014 9:26 am    Post subject: Re: Tobacco law passed Reply with quote

CentralCali wrote:
Lucas wrote:
http://www.bbc.com/news/world-asia-30305795

Quote:
South Korea's parliament has approved an 80% hike in the price of cigarettes, a move aimed at curbing consumption.

A rise from 2,500 won ($2.25; £1.43) per pack to 4,500 won from 1 January was part of the 2015 budget adopted late on Tuesday.


I can see the mad stampede for the 2,500 packs now.

Why not bulk buy now?


I'm not a smoker, so I don't know about the shelf life of cigarettes. If you do buy them in bulk, how long would the things last before they're not worth smoking?


In the original wrapping and in the freezer, maybe six months?
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Feebie



Joined: 16 Nov 2013

PostPosted: Fri Dec 05, 2014 8:13 am    Post subject: Reply with quote

Many shops near me won't even sell a carton of ten packs now, limiting sales to 3-4 packets.

I wonder if they are trying to hold on to their stock bought at the current wholesale price, as that's a nice extra profit for the seller when the price hike kicks off.
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Wad



Joined: 19 Nov 2007

PostPosted: Sat Dec 06, 2014 12:55 am    Post subject: Reply with quote

Feebie wrote:
Many shops near me won't even sell a carton of ten packs now, limiting sales to 3-4 packets.

I wonder if they are trying to hold on to their stock bought at the current wholesale price, as that's a nice extra profit for the seller when the price hike kicks off.


All advertising will be banned in convenience stores. Warning photos such as rotten teeth and lungs will be mandatory on packaging. So, if I am to assume correctly, all the unsold stock they have at the end of the year will be returned or destroyed. No use in hoarding cigarettes for extra profit.

Lets see if we can get a "fat" tax passed now.
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motiontodismiss



Joined: 18 Dec 2011

PostPosted: Sat Dec 06, 2014 3:38 am    Post subject: Reply with quote

This move's aimed at collecting taxes. The Park administration couldn't care less about the people of this country.

I don't even smoke and even I'm against this tax hike. I just don't trust this corrupt and incompetent government to spend the the money on anything besides lining their pockets.
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Lucas



Joined: 11 Sep 2012

PostPosted: Sun Dec 07, 2014 3:41 pm    Post subject: Reply with quote

Quote:
This move's aimed at collecting taxes. The Park administration couldn't care less about the people of this country.

I don't even smoke and even I'm against this tax hike. I just don't trust this corrupt and incompetent government to spend the the money on anything besides lining their pockets.


Fake cig's coming over from China and NK, flooding the K market.

I'm sure Korea's blisteringly efficient officials will deal with this..... Wink
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crosbystillsstash



Joined: 12 Oct 2008

PostPosted: Wed Dec 10, 2014 12:51 am    Post subject: Reply with quote

Thank God for online e cig sales.
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jvalmer



Joined: 06 Jun 2003

PostPosted: Wed Dec 10, 2014 3:45 am    Post subject: Reply with quote

motiontodismiss wrote:
This move's aimed at collecting taxes. The Park administration couldn't care less about the people of this country.

I don't even smoke and even I'm against this tax hike. I just don't trust this corrupt and incompetent government to spend the the money on anything besides lining their pockets.

Of course it is aimed at collecting taxes, it's a common goal among all governments.

I'm a smoker and think they should have raised the prices to around 10,000-won, that's when I 'stopped' smoking in Canada.
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motiontodismiss



Joined: 18 Dec 2011

PostPosted: Wed Dec 10, 2014 4:12 am    Post subject: Reply with quote

jvalmer wrote:
motiontodismiss wrote:
This move's aimed at collecting taxes. The Park administration couldn't care less about the people of this country.

I don't even smoke and even I'm against this tax hike. I just don't trust this corrupt and incompetent government to spend the the money on anything besides lining their pockets.

Of course it is aimed at collecting taxes, it's a common goal among all governments.

I'm a smoker and think they should have raised the prices to around 10,000-won, that's when I 'stopped' smoking in Canada.


It's aimed SOLELY at collecting taxes and that's what I find disgusting about this administration.

Politicians get to be either corrupt or incompetent. Not both. This administration is both.
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