Suncheon City Offers 10% Special Discount on Suncheon Love Gift Certificates for Chuseok Holiday

Additional Securing of 520 Million KRW in National Budget, the Highest in the Region

[Suncheon=Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Suncheon City, Jeollanam-do (Mayor Noh Kwan-gyu) announced on the 25th that it will conduct a special 10% discount sale on Suncheon Love Gift Certificates starting from the 1st of next month in celebration of the upcoming Chuseok holiday.

The city plans to expand the scale of the 10% discount sale to 54 billion KRW, larger than originally planned, by securing an additional 520 million KRW in national subsidies, the highest budget in Jeollanam-do.

This special discount sale is implemented to stimulate consumption, which has been depressed due to the impact of COVID-19 and rising prices, and to revitalize the struggling local economy.

Approximately 29 billion KRW worth of paper certificates and 25 billion KRW worth of mobile certificates will be sold at a 10% discount until the budget is exhausted.

The city has continuously conducted discounted sales of gift certificates to revitalize the local economy, with sales reaching about 70 billion KRW in the first half of the year, including policy sales.

Additionally, to prevent illegal distribution of gift certificates and improve budget efficiency, the city plans to gradually expand the operation of mobile certificates.

A Suncheon city official stated, “Since Suncheon Love Gift Certificates have a virtuous cycle effect on the local economy, we hope that people will participate in using the certificates to contribute to the revitalization of the real economy.”

Meanwhile, Suncheon Love Gift Certificates are operated in two forms: paper type and mobile type (card, QR).

The paper type can be purchased at 48 locations including local Nonghyup Bank branches, Suncheon Nonghyup, Livestock Cooperative, Wonhyup, and Nak Cooperative, while the mobile type (card, QR) can be issued and recharged through the ‘Local Gift Certificate chak’ app.

Combining both paper and mobile types, individuals can purchase up to 500,000 KRW per month.

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