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British American Tobacco is likely to increase the consumer price of its heat-not-burn cigarettes from 4,300 won (US$4.01) to 4,500 won, on par with its competitors here, according to industry sources on Jan. 10.

The issue of tobacco producers raising the price of their HNB cigarettes arose last year, when the government announced plans to increase individual consumption taxes and other levies such as a health promotion fee. [...]