duty free korea2 Jeju doubles travel retail purchasing allowance for Korean shoppers SOUTH KOREA. The South Korean government is to double the purchasing allowance for Korean nationals visiting Jeju Island from next year. The existing US$400 duty free allowance will be supplemented by a further US$400 allowance, which is taxable. The allowance will remain applicable on up to six visits a year. A senior duty free executive in Jeju confirmed a story in the Korean Times and told Th.. 2013. 11. 23. Chinese tourists fueling boom at Korea`s duty-free stores Lotte Duty Free Shop has seen sales double in three years since posting annual sales of under 500 billion won (434 million U.S. dollars) in 2008. Its sales jumped by 17.4 percent year-on-year to 2.7 trillion won (2.34 billion dollars) last year. The significant gains in Lotte`s sales mainly stem from the surge in the number of Chinese tourists, who are flocking to Korean duty-free stores en mass.. 2012. 1. 17. 이전 1 다음