Most Popular
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[AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Yoon seeks rebound, taps 5-term lawmaker as chief of staff
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Medical standoff deepens as doctors reject new med school plan, talks
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Korean, Romanian leaders discuss defense tech, nuclear energy
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[Graphic News] 77% of young Koreans still financially dependent
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[Herald Interview] Why Toss invited hackers to penetrate its system
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S. Korean envoys convene to navigate strategy amid Middle East tensions
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North Korea fires several short-range ballistic missiles into sea: JCS
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Samsung, SK hynix investors dump shares on Nvidia crash
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[Graphic News] Duty-free shops suffer sharp drop in sales
By Nam Kyung-donPublished : May 4, 2020 - 10:01
South Korean duty-free stores saw their sales drop sharply in March due to the spread of the new coronavirus, industry data showed.
Combined sales of local duty-free shops shrank 1.3 percent on-month to 1.8 trillion won ($1.5 billion) last month, according to the data from the Korea Duty Free Shops Association. The number is down 46.2 percent from January, the data showed.
The number of visitors at duty-free outlets came to 587,879 last month, also down from 1.75 million in February, with foreign nationals accounting for 45 percent of the total. (Yonhap)
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