Call of duty-free

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Call of duty-free

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SM Duty Free CEO Kwon Hee-seok, center, and other executives at the opening of the company’s duty-free store in Insa-dong, Jongno District, central Seoul, on Friday. SM Duty Free was one of four companies that the government approved for a duty-free license last July, along with HDC Shilla and Hanwha Galleria Timeworld. SM Duty Free is a company comprising 10 companies, including the country’s biggest tourism agency, Hana Tour, cosmetic company Tony Moly and watchmaker Romanson. SM stands for small and medium. [NEWSIS]

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