subway fare Archives | Be Korea-savvy

Seoul Considering 150 Won Hike of Subway Fare in Second Half

SEOUL, May 17 (Korea Bizwire) — The Seoul city government is considering raising the city’s subway fare by 150 won (US$0.11) this year in a step back from the initially planned 300 won hike in consideration of growing financial burdens on the public, sources said Wednesday. The city had been pushing to increase the base [...]

Seoul Subway Fares Likely to Rise Next Year Due to Budget Problem

SEOUL, Dec. 25 (Korea Bizwire) — Subway fares in Seoul and some nearby cities are expected to rise next year after a yearslong freeze, as operators have failed to secure sufficient funds to compensate for a growing deficit. On Saturday, the National Assembly passed a 638.7 trillion-won (US$497 billion) government budget for 2023 but did [...]