Thursday, February 2, 2012

Seoul to raise subway, bus fares this month

For those who are in Korea especially in Seoul, subway and bus fares will be increasing this month. Don't fret when you see your T-Moneys zero balance so soon hehe. Here's a news from Yonhap.

SEOUL, Feb. 2 (Yonhap) -- The Seoul Metropolitan Government will raise public transportation fares by 150 won (US$0.13) later this month to make up for rising deficits from energy costs and transfer fee discounts, officials said Thursday.

The city government finalized its decision to raise bus and subway fares from 900 won (price for adults using transit cards) to 1,050 won starting Feb. 25, while freezing prices for students and children, according to officials.

Source: Yonhap

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