Korea’s public transportation fares, water rates and power tariffs are poised to rise further in the second half of the year on the back of high oil and gas prices. According to the Ministry of Finance and Economy, bus and subway fares have risen 14% and 25% respectively in Seoul since the start of July….
KOREA: High oil prices leading to high public transportation fares, utility rates
Posted on July 14, 2004 by EnergyAsia