Gyeongnam's 96 Traditional Markets Hold 'Onnuri Gift Certificate Payback' and Other Events Until the 21st

Onnuri Gift Certificate Payback Event Poster. (Photo by Gyeongnam Province)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Gyeongnam Province announced on the 6th that from the 1st to the 7th, it is holding consumption promotion events at 96 traditional markets in the province to recover damages caused by the novel coronavirus infection (COVID-19).

The province decided to invest a total of 300 million KRW of provincial funds to support payback gift certificates for 62 traditional markets.

When all the payback gift certificates are used up, sales of at least 3 billion KRW are expected to occur, and the 300 million KRW worth of payback gift certificates returned to customers will trigger secondary consumption, reaching the peak of consumption promotion in traditional markets.

Details of the 'Traditional Market Simultaneous Sale Festa' and the 'Onnuri Gift Certificate Payback Event' can also be found on the Gyeongsangnam-do website.

Kim Ki-young, Director of the Job Economy Bureau of Gyeongnam Province, said, "The decline rate of traditional market sales, which had risen to 65.8% in March due to COVID-19, has steadily decreased since May thanks to disaster relief funds but has stalled in June. We expect that the ongoing consumption promotion events will bring an increase in traditional market sales and revitalize the markets."

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