Taiwan’s TTL signs MoU with Korea’s KT&G on sales and research

Taiwan Tobacco & Liquor Corporation has been developing new food and biotechnology products for multiple markets

Taiwan News
Date: 2019/10/03
By: George Liao, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Taiwan Tobacco & Liquor Corporation (TTL) Chairman Ting Yen-che (丁彥哲) signed a MoU with KT&G Corporation CEO Baek Bok-in on sales and research at the Grand Hotel in Taipei on Sept. 30, according to an Economic Daily News (EDN) report on Thursday (Oct. 3).

Ting said that TTL and KT&G both have experience of transforming from a monopoly to a company and that in addition to tobacco products, each company has developed distinct product lines. He added the signing of the MoU is the first step towards cooperation on sales and research between the two companies.    [FULL  STORY]