Dongdaemun-gu, 23 New Affordable Price Businesses Designated

Newly Designated ‘Good Price Businesses’ Satisfying Consumers Amid Rising Prices

Dongdaemun-gu Expands to a Total of 40 Good Price Businesses with 23 Newly Designated Locations

Incentives Provided Including Annual Hope Goods Worth 580,000 KRW and Certification Plaques per Business

Dongdaemun-gu (Mayor Lee Pil-hyung) announced on the 6th that it has newly selected 23 businesses as Good Price Businesses, contributing to local price stabilization through affordable prices and excellent service.

Good Price Businesses are establishments that provide friendly service to consumers at low prices despite ongoing price increases. They are designated if the prices of major items per business are below the local average and meet standards such as hygiene and service.

To designate Good Price Businesses in the first half of this year, the district accepted applications from local dining, beauty, and laundry businesses from April 17 to June 23.

After on-site inspections evaluating price, hygiene, and user satisfaction, 23 businesses were newly designated, and 17 out of the existing 18 businesses were re-designated.

The designated businesses receive various support, including customized hope goods worth 580,000 KRW annually and certification plaques for Good Price Businesses. Consumers can check business names, major items, and prices on the Ministry of the Interior and Safety’s Good Price Business website.

Lee Pil-hyung, Mayor of Dongdaemun-gu, stated, “I am grateful to the business owners who maintain affordable prices and participate in price stabilization amid prolonged high inflation,” and added, “We will actively work to revitalize Good Price Businesses so that the local economy can stabilize.”

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