S. Korea to Extend Fuel Tax Cuts by 3 Months amid Soaring Energy Prices

SEOUL, March 4 (Korea Bizwire) — South Korea will extend fuel tax cuts by three months as the country is striving to ease the burden on consumers and a build-up of inflationary pressure, the country’s top economic policymaker said Friday. On Nov. 12, the government lowered fuel taxes by a record 20 percent in a [...]