S. Korea Mulls Raising Ceiling on Purchases at Duty-free Stores

SEJONG, Jun. 4 (Korea Bizwire) — South Korea said Tuesday that it is considering raising the ceiling on purchases at duty-free shops by locals in line with a rise in people’s incomes. Currently, South Koreans can buy goods worth up to US$3,600 at duty-free stores in South Korea, including arrival duty-free shops that opened earlier [...]