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Fares for intercity and express buses to go up next month

 
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dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Sat Feb 16, 2013 4:11 pm    Post subject: Fares for intercity and express buses to go up next month Reply with quote

Here we go with paying more for transportation. When will the rates for taxis also go up?



http://nwww.koreaherald.com/view.php?ud=20130215000630

Quote:
The fees for intercity and express buses are poised to go up next month for the first time in two years and seven months.

The Ministry of Land, Transport and Maritime Affairs said Friday that the fees for intercity buses and express buses would respectively rise by 7.7 percent and 4.3 percent on average, starting from March 2.

“We have frozen the corresponding rates over the past two years and six months, out of consideration for the economic stagnation and the resulting burden on the people,” said a ministry official.

“The hike, however, was inevitable due to the steep rise in transport costs, which was triggered by the soaring oil prices and labor costs.”

The fees for a standard express bus from Seoul to Busan will be increased 600 won to 22,600 won ($21), while the price of tickets for the premium bus will be raised by 900 won to 33,700 won.

With intercity buses, the fares for the Seoul-Yeosu route will be raised from 24,400 won to 27,500 won and from 6,300 won to 6,700 won for the East Seoul-Chuncheon route.

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coralreefer_1



Joined: 19 Jan 2009

PostPosted: Sat Feb 16, 2013 8:38 pm    Post subject: Reply with quote

Not sure about other cities, but taxi rates here in Daegu went up Jan.1st, from 2,200 to 2,800 for basic fare.
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Dodge7



Joined: 21 Oct 2011

PostPosted: Sat Feb 16, 2013 9:09 pm    Post subject: Reply with quote

coralreefer_1 wrote:
Not sure about other cities, but taxi rates here in Daegu went up Jan.1st, from 2,200 to 2,800 for basic fare.

that's a pretty big jump.
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atwood



Joined: 26 Dec 2009

PostPosted: Sat Feb 16, 2013 9:52 pm    Post subject: Re: Fares for intercity and express buses to go up next mont Reply with quote

dairyairy wrote:
Here we go with paying more for transportation. When will the rates for taxis also go up?



http://nwww.koreaherald.com/view.php?ud=20130215000630

Quote:
The fees for intercity and express buses are poised to go up next month for the first time in two years and seven months.

The Ministry of Land, Transport and Maritime Affairs said Friday that the fees for intercity buses and express buses would respectively rise by 7.7 percent and 4.3 percent on average, starting from March 2.

“We have frozen the corresponding rates over the past two years and six months, out of consideration for the economic stagnation and the resulting burden on the people,” said a ministry official.

“The hike, however, was inevitable due to the steep rise in transport costs, which was triggered by the soaring oil prices and labor costs.”

The fees for a standard express bus from Seoul to Busan will be increased 600 won to 22,600 won ($21), while the price of tickets for the premium bus will be raised by 900 won to 33,700 won.

With intercity buses, the fares for the Seoul-Yeosu route will be raised from 24,400 won to 27,500 won and from 6,300 won to 6,700 won for the East Seoul-Chuncheon route.


Oil prices haven't exactly been soaring. Be that as it may, it gets tougher and tougher on the average Kim.
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dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Mon Feb 18, 2013 5:16 pm    Post subject: Reply with quote

Bad news.

http://www.koreatimes.co.kr/www/news/biz/2013/02/123_130710.html


Quote:




The Ministry of Land, Transport and Maritime Affairs said Monday that the basic taxi fare nationwide is to increase to 2,800 won this year and 4,100 won in five years time.

The plan comes amid the industry’s call to include taxis as public transport so that they can receive state subsidies. The demand has so far been opposed by the government, citing budgetary constraints.

Current fares differ from municipality to municipality, ranging between 2,200 won and 2,800 won and that of Seoul, 2,400 won.

The current fares are expected to reach 4,100 won by 2018, about the level of the average of 10 OECD nations; then by 2023 to 5,100 won, equivalent to the average in the United States, Britain, France, Germany and Japan.

The ministry plans to finalize the scheme in April after consulting with experts and the public.
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atwood



Joined: 26 Dec 2009

PostPosted: Mon Feb 18, 2013 5:44 pm    Post subject: Reply with quote

dairyairy wrote:
Bad news.

http://www.koreatimes.co.kr/www/news/biz/2013/02/123_130710.html


Quote:




The Ministry of Land, Transport and Maritime Affairs said Monday that the basic taxi fare nationwide is to increase to 2,800 won this year and 4,100 won in five years time.

The plan comes amid the industry’s call to include taxis as public transport so that they can receive state subsidies. The demand has so far been opposed by the government, citing budgetary constraints.

Current fares differ from municipality to municipality, ranging between 2,200 won and 2,800 won and that of Seoul, 2,400 won.

The current fares are expected to reach 4,100 won by 2018, about the level of the average of 10 OECD nations; then by 2023 to 5,100 won, equivalent to the average in the United States, Britain, France, Germany and Japan.

The ministry plans to finalize the scheme in April after consulting with experts and the public.

Good news for car manufacturers. It's getting tougher and tougher to live in Korea without a car.

Also good news for the bus and subway companies. Not so great for ridsrs.
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Lucas



Joined: 11 Sep 2012

PostPosted: Mon Feb 18, 2013 6:05 pm    Post subject: Reply with quote

Taxi's and public transport is still super cheap (and efficient) here compared to the UK!
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dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Mon Feb 18, 2013 8:00 pm    Post subject: Reply with quote

Lucas wrote:
Taxi's and public transport is still super cheap (and efficient) here compared to the UK!


You may not feel the increases because they're taken out in such small bites but the overall impact is still there.

The one part that is objectionable is that raising fares is part of an overall effort by the Korean government to upgrade taxi services. But the taxi companies will only go along with increased fares. All other attempts to limit cabs, toughen up licensing procedures, train drivers, discipline bad drivers, and upgrade services overall are being strongly resisted by the taxi companies. They want the frosting without the cake and the government should hold their feet to the fire.
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