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The former state-run company, which monopolized tobacco and ginseng, expanded its business to real estate, food and beverages, biomedical technology and pharmaceutical products since it was privatized in 2002 Its sales then climbed from 2.03 trillion won in 2002 to 3.98 trillion won in 2012, while its net profit more than doubled from 586 billion won to 1.03 trillion won over the same period
Matt Meyer has a plan to raise state revenue in the next fiscal year by hiking certain taxes and fees
The study reportedly found no difference between harm caused by smoked cigarettes and unsmoked cigarettes
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