Hwasun County to Increase Local Gift Certificate Purchase Limit Next Month
"Boosting Year-End Consumption and Revitalizing the Local Commercial District"
On November 28, Hwasun County in South Jeolla Province announced that, in order to boost year-end consumption and revitalize the local commercial district, it will increase both the purchase and holding limits for local gift certificates to 2 million won per month throughout December.
Since September, the county has been selling mobile Hwasun Love Gift Certificates at a 15% discount through December. In addition, for one month in December, the purchase and holding limits for Hwasun Love Gift Certificates will each be raised to 2 million won.
However, paper gift certificates can be purchased up to a maximum of 300,000 won, and the existing 10% discount rate will continue to apply to paper gift certificates.
The mobile Hwasun Love Gift Certificates can be recharged via the 'CHAK' smartphone app and used for QR code payments at approximately 2,800 affiliated merchants within the county.
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
- Prime Minister Kim Minseok: "Samsung Electronics Strike Could Cost Up to 1 Trillion Won per Day, 100 Trillion Won Total... Tomorrow's Talks Are the Last Chance" (Comprehensive)
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
- Is It Really Like an Illness? "I Can't Wait to Go Again"—Over 1 Million Visited in Q1, Now 'Busanbyeong' Takes Hold [K-Holic]
Park Yonghee, Head of the Local Economy Division, stated, "If the budget is exhausted, the program may end early, so we encourage residents to take full advantage of it within the period." He added, "When the purchase limit was temporarily raised last month, we saw a noticeable increase in local consumption, proving its positive impact. By expanding the limit again next month, we hope this will provide practical support for residents' livelihoods and the revitalization of the local commercial district."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.