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Lotte Duty Free
Lotte Duty Free (LDF; ), a duty-free division of Hotel Lotte, is a travel retailer headquartered in Seoul, South Korea. LDF is one of the largest travel retailers in the world alongside Dufry and DFS Group. Locations Lotte Duty Free operates more than 20 duty-free shops in seven territories, including Australia, Guam, Japan, South Korea, New Zealand, Singapore and Vietnam. South Korea * Main Downtown, Seoul * World Tower Downtown, Seoul * Busan Downtown, Busan * Jeju Downtown, Jeju * Gimpo Airport, Seoul * Gimhae Airport, Gimhae * Jeju Airport, Jeju Australia * Brisbane Airport * Darwin Airport * Melbourne Downtown * Melbourne Airport * Sydney Downtown Japan * Ginza Downtown, Tokyo * Kansai Airport, Osaka New Zealand * Wellington Airport Singapore * Changi Airport United States * Guam Airport Vietnam * Da Nang Downtown * Da Nang Airport * Nha Trang Airport * Hanoi Airport See also * List of duty-free shops This is a list of duty-free shops. A duty-free shop is a ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct Commercial law, legal entities for the purposes of taxation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. The ''Houston Chronicle'' highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate enti ...
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Gimhae Airport
Gimhae International Airport is located on the western end of Busan, South Korea. Opened in 1976, the airport is named after the nearby city of Gimhae. A new international terminal opened on October 31, 2007. Gimhae International Airport is the main hub for Air Busan, and a focus city for Jeju Air, Jin Air and Korean Air. Runway 18L/36R is used for military purposes only for Gimhae Air Base, but due to increasing traffic, there are plans to open the runway for airliners. In 2018, 17,064,613 passengers used the airport. As the airport is now beyond its design capacity and surrounded by mountains, buildings and other objectives, a new airport is currently being built on Gadeokdo to meet growing demand. Because the airport is shared with military facilities, photography and video of the apron, runway, and military stations are prohibited according to the airport website. History In August 1976, Gimhae Airport opened, and commercial air traffic shifted there from the old airp ...
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Companies Based In Seoul
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporati ...
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Duty-free Shops
A duty-free shop or store is a retail outlet whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods will be sold to travelers who will take them out of the country, who will then pay duties and taxes in their destination country (depending on its personal exemption limits and tariff regime). Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component. Tax Free World Association (TFWA) announced that in 2011 the Asia-Pacific region made 35% of global duty-free and travel retail sales, more than either Europe or the Americas, which accounted for 34% and 23% respectively. Fragrances and cosmetics, the largest category of goods, were 31% of all sales, while wines and spirits were 17%. Some countries impose duties on all goods brought into the country, even if the goods were bought duty-free in another countr ...
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List Of Duty-free Shops
This is a list of duty-free shops. A duty-free shop is a retail outlet that is exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country. Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component. Duty-free shops * Haikou International Duty-Free City Shopping Complex, is the world's biggest stand-alone duty-free store in terms of physical size. Located in Haikou, Hainan, China, the buildings have a total area of 280,000 square meters. * Aelia Duty Free – a brand of Lagardère Travel Retail. * Comturist – a chain of duty-free stores. It was formerly a chain of hard currency luxury shops that existed in Communist Romania, managed by the Ministry of Tourism. After the 1989 Romanian revolution, these stores became obsolete and were sold off in 1991 to pr ...
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Hanoi Airport
Nội Bài International Airport in Hanoi, the capital of Vietnam, is the country’s second largest and busiest international airport for passenger traffic, after Tan Son Nhat International Airport in Ho Chi Minh City. It is currently the main airport serving Hanoi, replacing the role of Gia Lam Airport. The airport consists of two passenger terminals and a cargo terminal. Terminal 1 serves domestic flights, and Terminal 2 (inaugurated on 4 January 2015) serves all international flights to and from Hanoi. The airport is currently the main hub of the flag carrier Vietnam Airlines, travel carrier Vietravel Airlines, and an operating base of budget carriers Bamboo Airways and VietJet Air. The airport is located in Phú Minh commune in Sóc Sơn district, about northeast of downtown Hanoi, via the new Nhật Tân Bridge (also inaugurated on 4 January 2015). It can also be reached by National Road 3, which connects it with the eastern suburbs of Hanoi. The airport is also close t ...
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Cam Ranh International Airport
Cam Ranh International Airport is located on Cam Ranh Bay in Cam Ranh, a provincial city in Khánh Hòa province in Vietnam. It serves the city of Nha Trang, the capital of Khánh Hòa province, which is from the airport. This airport handled 9,747,172 passengers in 2019, making it the fourth busiest airport in Vietnam, after Ho Chi Minh City, Hanoi and Da Nang, and one of the fastest growing airports in the country. Cam Ranh is the only airport in Vietnam that handles more international passengers than domestic passengers, with international passengers accounting for 70% in 2018. Cam Ranh Terminal 1 is used for domestic flights and Cam Ranh Terminal 2 (managed by Cam Ranh International Terminal (CRTC) JSC) is used for international flights. Facilities Runway The airport resides at an elevation of above mean sea level. The first runway, designated 02L/20R, whasith a concrete surface measuring . from DAFIF (effective October 2006) The second runway, designated 0 ...
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Da Nang Airport
Da Nang International Airport is an international airport serving the area of Central Vietnam and the region's largest city Da Nang. It is the third international airport in the country, after Noi Bai International Airport (Hanoi) and Tan Son Nhat International Airport (Ho Chi Minh City). In addition to its civil aviation, the runway is shared with the Vietnam People's Air Force, Vietnamese People's Air Force (''VPAF'', the ''Không Quân Nhân Dân Việt Nam''), although military activities are now extremely limited. The airport served 5 million passengers in 2014, reaching that passenger count around six years sooner than expected. An expansion of the new terminal is currently considered to increase its capacity to 10 million passengers per annum by 2020. This airport handled 6,722,587 passengers in 2015, an increase of 34.7% compared with that of 2014. This airport handled 11 million passengers in 2017, an increase of 24.1% compared to that of 2016. The airport has two sep ...
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