Naju Sarang Gift Certificates, '10% Discount Sale' Extended Until May View original image


[Naju=Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Naju City, Jeollanam-do (Mayor Kang In-gyu) announced on the 22nd that the sales period for the local currency ‘Naju Sarang Gift Certificate 10% Discount’ will be extended until May.


The city originally planned to apply the 10% discount only until this month, but thanks to various subsidies paid with this year’s gift certificates, the previously frozen commercial district is gaining vitality, leading to the decision to extend the discount rate for two more months accordingly.


The gift certificates can be purchased within a monthly limit of 700,000 KRW per person at 54 designated financial institutions including NH Nonghyup Bank Naju Branch, local Nonghyup banks, credit unions, Saemaeul Geumgo, and Gwangju Bank.


They can be used at 3,071 designated affiliated stores such as local restaurants, marts, gas stations, pharmacies, and hospitals. Store registration can be applied for at the administrative welfare centers in the respective eup, myeon, or dong of the address.


The Naju Sarang Card can be charged and used at a 10% discounted amount until May through the dedicated app ‘CHAK’ without any membership fee. For the elderly who have difficulty using smartphones, card issuance and charging services are provided at 38 local Nonghyup branches and 17 post offices within the city.


The Naju Sarang Gift Certificate recorded sales of 15.2 billion KRW during January and February, which included the Lunar New Year holiday period.


Additionally, this month, about 20 billion KRW worth of gift certificates have circulated in the market due to the city’s own disaster relief funds to overcome COVID-19 and early payment of public service allowances for farmers and fishermen, significantly contributing to increased sales in local commercial districts by preventing capital outflow.


The city plans to focus efforts on securing national funds to further extend the 10% discount sales period.



Mayor Kang In-gyu said, “Along with the disaster relief funds provided to all citizens, the public service allowances for farmers and fishermen, and maintaining the 10% discount on gift certificate sales have revitalized traditional markets and local commercial districts. We hope many citizens actively participate in this good consumption of sharing and solidarity to overcome COVID-19.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing