Yeosu Sarang Gift Certificate, 2nd 10% Special Discount to Revive Local Economy

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Yeosu City (Mayor Kwon Oh-bong) announced that it will start the second round of 10% discount sales of Yeosu Love Gift Certificates (Yeosu Gift Certificates, Yeosu Traditional Market Gift Certificates) following March, to stimulate local consumption amid the nationwide resurgence of COVID-19.

This discount sale lowers the monthly purchase limit from the original 500,000 KRW to 300,000 KRW to prevent illegal distribution and to revitalize the circulation of previously sold gift certificates, and will end once the sales target of 5 billion KRW is reached.

This special discount is available from September 1, allowing individuals to purchase up to 300,000 KRW per month at eup, myeon, dong offices and the City Hall's Regional Economy Division. The discount benefit applies only to cash payments.

Affiliated stores accepting the gift certificates can be checked via the Yeosu City website and the ‘Yeosu Gift Certificate Affiliated Store’ app on mobile phones. They can be used at over 6,100 locations including marts, gas stations, pharmacies, and traditional markets.

To prevent the spread of local COVID-19 infections, visitors purchasing gift certificates must wear masks and actively maintain social distancing.

A city official stated, “Big data analysis results have proven that the first round of discount sales and government disaster relief funds distributed as gift certificates significantly contributed to revitalizing local consumption,” adding, “We expect that this second round of discount sales will greatly help increase sales for small business owners and revitalize the local economy.”

Meanwhile, Yeosu City is continuously recruiting affiliated stores so that purchasers can use the certificates anywhere, and applications for affiliation can be submitted at nearby eup, myeon offices and dong community centers.

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