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- 2020.06.02 Shinsegae Duty Free Drops Jeju Project
- 2020.02.11 Can 2020 Jeju Fire Festival Get Green Light?
- 2020.02.04 Jeju Fire Festival Postponed
Shinsegae Duty Free reportedly has decided to cancel the plan to enter the downtown duty free market in Jeju Island.
According to Jejusori, the duty free giant in Korea on Monday told the newspaper that they will not proceed launching a new downtown duty free shop, saying "We are not sure if we can obtain a new duty free license because of COVID19. We will pay 2 billion as the penalty to terminate the contract to purchase the land, and stop the project." And it added "Shinsegae is still interested in entering Jeju duty free market, but made up our mind to take a next chance."
If it weren't for the coronavirus pandemic and the original plan went on successful, Shinsegae duty free shop Jeju would be around double the size of existing downtown duty free stores operated by Lotte Duty Free and The Shilla Duty Free in Jeju.
The Moodi Davitt Report article explains the project as this.
Shinsegae plans to knock down an existing ten-storey hotel and build a 38,000sq m facility, with 15,400sq m of floor space, spread across seven floors above ground and seven below. As well as retail floor space, the store will have 303 parking spaces and room for other amenities.
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Admist the terror of the new Coronavirus(nCoV), can Jeju fire festival be held this year?
The answer will be given in this week, Jeju Econmy, local internet newspaer on Monday reported.
Many events have been cancelled after Korea had many confirmed patients of the virus. Jeju Special Self-governing Provincial Office(Jeju) is considering postponing the festival as specialists estimated it may take a few months untill all settles down.
But, Jeju City, which is the organizer, is more into holding to the plan that it is held March 12~15. They have been spotted working procedures for making it happen like drafting security plan out, joint meeting, the final briefing, etc.
A city officer replied "It isn't confired, yet, we are doing what we can do thinking that it will he held. The final call will be made this week." to the medium.
However, many expect it will get green light as Jeju keeps its 'coronavirus-free' status with neither confirmed nor quarantiend patient untill January 9th, the newspaper emphasized.
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Jeju Fire Festival, which was scheduled for March 12~15, has been postponed in order to help prevent the spread of the new coronavirus, Jeju Tourism Organization(JTO) on Tuesday announced.
It added the event may be canceled depending on the situation.
visitjeju.enThis year’s Jeju Fire Festival, which was scheduled for March 12-15, has been temporarily postponed in order to help prevent the spread of the new coronavirus. Currently no new scheduling information is available and depending on the situation, this year’s celebration may be canceled. |
Jeju has already seen a lot of calling offs, including the regular concert of Jeju Philharmonic Orchestra(Feb. 7), 2020 Winter Reading Camp of the Library of Miracle(Feb. 7~8), and the 36th Anniversary Ceremony of Woodang Library(Feb. 15~16).
Temporarily put off are sport events like the 11th Tamna Cup National Primary School Baseball Championships(Feb. 1~8), 2020 Jeju Peace National Taekwondo Championships and the 4th Taekwondo Poomsae Championships(Feb. 13~23), the 26th Governor's Flag Sports for All Promotion Provincial Tennis Championshops(Feb. 29), the 15th National Outstanding High School Winter League Baseball Championships(mid Feb.), the 26th National Middle School Baseball Championships(mid Feb.), the 47th Governor's Flag Badminton Championships(Mar. 7~8), etc. 2020 Chilsipri Spring National Youth Football League Championships(Feb. 10~16) was called off.
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