Pohang City's 'Ppangppang Sale' Fanfare... 10% Discount on 50 Billion Won Worth of Pohang Love Gift Certificates

Event 'Dacha' Across Pohang for 9 Days Until the 29th

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] Pohang City's 'PungPung Sale Week,' aimed at revitalizing the local economy and spreading a consumption promotion atmosphere, began on the 20th with a declaration ceremony at a special stage opposite Gaepung Pharmacy in Jukdo Market and will continue for eight days until the 28th.

The declaration ceremony was powerfully kicked off with a ceremony where about 500 people, including Pohang Mayor Lee Kang-deok, Pohang City Council Chairman Seo Jae-won, Pohang Buk-gu National Assembly member Kim Jeong-jae, Pohang Nam-gu and Ulleung National Assembly member Kim Byung-wook, Gyeongsangbuk-do Council Chairman Jang Kyung-sik, and small business owners, shouted together "Cheer up local economy, cheer up small business owners."

Along with the declaration ceremony, a special 10% discount event on Pohang Love Gift Certificates was held on the day until the 1 billion KRW limit was exhausted. After the 22nd, Pohang Love Gift Certificates will continue to be discounted and sold at commercial financial institutions until the prepared 50 billion KRW limit is exhausted.

Mayor Lee Gang-deok purchasing goods with Pohang Love Gift Certificates.

Pohang City showed efforts to adhere to the 'social distancing in daily life' guidelines by partially scaling down the declaration ceremony event and installing quarantine air tents at major entrances due to the spread of COVID-19 mainly in the metropolitan area recently.

The 'PungPung Sale Week,' held throughout Pohang City, is organized with various events to promote consumption, including an in-house consumption king contest, traditional market shopping events, and nearby restaurant luncheon events, with participation from local companies, civic groups, universities, and self-governing organizations.

Pohang Mayor Lee Kang-deok said, "Through this 'PungPung Sale Week,' I hope it will be an opportunity to revitalize the depressed local economy, spread the consumption atmosphere among citizens, and allow small business owners to make a fresh start," adding, "We will continue to make every effort to ensure the local economy recovers quickly."

This content was produced with the assistance of AI translation services.