The Korea Times Mar 11 25
Korail plans fare hikes for rail services :
Korea Railroad Corp. (Korail) plans to increase fares for its quasi-high-speed trains and Saemaeul-ho ...
koreatimes.co.kr/www/nation/2025/03/281_393794.html
Photo: koreatimes.co.kr · view article
Key FactsKorail Plans Fare Increases for Rail Services
Mar 11, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: koreatimes.co.kr
Summary created with AI assistance · Source: koreatimes.co.kr
- The Korean Railroad Company plans a 12 percent fare increase for quasi-high-speed and Saemaeul-ho trains to address significant losses in traditional rail operations.
- These fare adjustments are included in the company's revenue goal of 3.2 trillion won ($2.4 billion) for the year.
- Despite the proposed hikes, an operational deficit of 313.7 billion won for conventional rail services is expected, pending approval from the Ministry of Land, Infrastructure and Transport.
- Critics urge Korail to improve internal efficiencies and suggest merging with the SR operator to alleviate financial pressures.
Story Details
| Last Updated | |
| Total Articles | 1 |
Main Topics
Ministry of Land, Infrastructure and Transport (South Korea)
#ministry-of-land-infrastructure-and-transport-south-korea
cabinet-level division of the government of South Korea
Similar to This
Previous
The Korea Times May 30
Rail services disrupted by Seoul overpass collapse to fully resume on Sunday: Nationwide rail operations disrupted by the collapse of an overpass in Seoul this ...
koreatimes.co.kr/southkorea/20260530/rail-services-disrupted-by-seoul-overpass-collapse-to-fully-resume-on-sunday
The Korea Times Apr 14
SR head seeks to clear hurdles for KTX-SRT merger: Jung Wang-guk, head of SR, the state-run operator of high-speed railway SRT, said Tuesday that a merger of SR ...
koreatimes.co.kr/business/companies/20260414/sr-head-seeks-to-clear-hurdles-for-ktx-srt-merger
The Korea Times Feb 10
KTX, SRT set to begin interchange test at Suseo, Seoul stations: Korea’s fastest railway service, KTX, will begin selling tickets Wednesday to passengers using ...
koreatimes.co.kr/business/companies/20260210/ktx-srt-set-to-begin-interchange-test-at-suseo-seoul-stations
Hankyoreh Dec 26 25
Korea to trial next-gen train capable of sub-2-hour Seoul-Busan trip starting 2030
english.hani.co.kr/arti/english_edition/e_national/1236228.html
The Korea Times Dec 25 25
Rail merger plan sparks dispute between KORAIL, SR: Korea’s plan to merge its two high-speed rail operators, Korea Railroad (KORAIL) and SR Corp. ...
koreatimes.co.kr/business/companies/20251225/rail-merger-plan-sparks-dispute-between-korail-sr
The Korea Times Dec 22 25
Korea unveils next-gen high-speed train, world's 2nd-fastest: The government has completed the development of core technologies for a next-generation high-speed ...
koreatimes.co.kr/business/tech-science/20251222/korea-unveils-next-gen-high-speed-train-worlds-2nd-fastest
qazinform.com Dec 23 25
S. Korea develops core tech for world's 2nd-fastest 370 kph high-speed train: The government has completed the development of core technologies for a ...
qazinform.com/news/s-korea-develops-core-tech-for-worlds-2nd-fastest-370-kph-high-speed-train-4bcc1d
The Korea Times Dec 22 25
Gov't to activate emergency transport task force against planned rail strike: The government plans to activate an emergency transport task force this week to ...
koreatimes.co.kr/southkorea/society/20251222/govt-to-activate-emergency-transport-task-force-against-planned-rail-strike
South Korean rail workers plan to go on strike from Dec 23: SEOUL: Unionised workers of the Korea Railroad (Korail) and its subsidiaries on Friday (Dec 19) ...
thestar.com.my/aseanplus/aseanplus-news/2025/12/19/south-korean-rail-workers-plan-to-go-on-strike-from-dec-23
The Korea Times Dec 11 25
Unionized rail workers shelve plan on strike; train services run on normal timetable
koreatimes.co.kr/southkorea/20251211/unionized-rail-workers-shelve-plan-on-strike-train-services-run-on-normal-timetable
Bangladesh slum fire leaves thousands homeless: A massive fire tore through one of Dhaka’s largest slums on Tuesday evening, leaving thousands of people homeless ...
reuters.com/world/asia-pacific/bangladesh-slum-fire-leaves-thousands-homeless-2025-11-26/
The Korea Times Oct 17 25
South Korea steps up transport plans for 20,000 APEC delegates, participants: With the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in ...
koreatimes.co.kr/southkorea/society/20251017/korea-steps-up-transport-plans-for-20000-apec-delegates-participants
The Korea Times Sep 30 25
Transport minister pushes ahead with new Busan airport, railway merger plans: Minister of Land, Infrastructure and Transport Kim Yun-duk said Monday that ...
koreatimes.co.kr/business/20250929/transport-minister-pushes-ahead-with-new-busan-airport-railway-merger-plans
The Korea Times Aug 21 25
Fatal workplace accidents remain alarmingly high for foreign workers in South Korea
koreatimes.co.kr/southkorea/globalcommunity/20250821/fatal-workplace-accidents-remain-alarmingly-high-for-foreign-workers
The Korea Times Jul 19 25
KORAIL gradually resumes train services after heavy rain: Korea Railroad Corp. (KORAIL) said Saturday it has gradually resumed train services that had been ...
koreatimes.co.kr/southkorea/society/20250719/korail-gradually-resumes-train-services-after-heavy-rain
The Korea Times Jan 28 25
Some KTX train services slowed by heavy snow: railway operator : Some KTX high-speed train services are running slower than usual for passenger safety amid heavy ...
koreatimes.co.kr/www/nation/2025/01/371_391156.html
The Korea Times Sep 08 24
Korail, SR alarmed by large no-shows before Chuseok : Korail and SR, operators of South Korea’s two fastest railway services, have introduced plans to address an ...
koreatimes.co.kr/www/tech/2024/09/419_382090.html
S. Korean railway firms sign MOU with Ukraine for railway reconstruction projects | Yonhap News Agency
en.yna.co.kr/view/AEN20231122011200320
The Korea Times Mar 08 23
Korail fined $1.4 million for safety lapses: State-run Korea Railroad Corp. (Korail) and Seoul Metro have been fined 1.92 billion won ($1 ...
koreatimes.co.kr/www/tech/2023/03/419_346744.html
The Korea Times Jan 17 23
Transport ministry to speed up automated train operation to prevent accidents: The government will accelerate efforts to automate train operations ...
koreatimes.co.kr/www/tech/2023/01/419_343770.html
Next