'Good Price Store' 10,000 Won Card Payment 2,000 Won Discount Benefit... Daegu City Designates 338 Locations

Daegu City is strengthening support for ‘Good Price Businesses,’ exemplary price stabilization establishments, to alleviate the economic burden on ordinary citizens struggling with high inflation and to manage local prices stably.

‘Good Price Businesses’ are exemplary price stabilization establishments that have been providing consumers with quality services at affordable prices since 2011. Currently, 338 such businesses are designated and operating in Daegu.

Sangyeok Government Complex, Daegu City.

To ease the burden on ordinary citizens caused by rising prices, Daegu City plans to discover new ‘Good Price Businesses’ and actively promote them to increase the number of affiliated stores. The city will expand in-kind support such as garbage bags, detergents, and rice, which have been provided previously, and continue to offer a monthly water bill discount of 30,000 KRW.

Additionally, consumers will receive a 2,000 KRW discount per transaction when paying by card for purchases over 10,000 KRW at Good Price Businesses, in cooperation with nine domestic credit card companies (Shinhan, Lotte, BC, Samsung, Woori, Hana, Hyundai, KB Kookmin, NH Nonghyup).

Along with Daegu City’s support for Good Price Businesses, the Daegu Credit Guarantee Foundation continues to provide financial support to affiliated stores by reducing the guarantee fee by 0.2%p for Good Price Businesses.

To be designated as a Good Price Business, applicants must visit the district or county office of their address to apply directly or be recommended by the head of the town, township, or neighborhood office, or consumer organizations. Designation is made after on-site inspections and evaluations based on established criteria.

An Jung-gon, Director of the Economic Bureau of Daegu City, said, “We will expand support for Good Price Businesses and actively promote the discovery of new businesses to contribute to stabilizing local prices and revitalizing the ordinary people’s economy.”

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