• S.Korea to announce major US investment project within weeks, US official says S.Korea to announce major US investment project within weeks, US official says SEOUL, April 04 (AJP) - South Korea is finalizing a major investment plan for the United States, a senior Trump administration official said, as Washington rolls out a new wave of tariffs on metals and pharmaceuticals. During a telephone briefing on Thursday, the senior U.S. official stated that Seoul is expected to unveil a significant investment project in the U.S. within the coming weeks. The official
  • S. Korea to offer incentives for off-peak public transport use amid energy crunch S. Korea to offer incentives for off-peak public transport use amid energy crunch SEOUL, April 04 (AJP) - South Korea’s presidential office said on Friday it will provide incentives for citizens who use public transportation during off-peak hours, part of a strategy to manage a surge in demand and energy supply uncertainties triggered by the conflict in the Middle East. The measure aims to encourage a voluntary shift in commuting patterns as rising oil prices drive more people toward pu
  • S. Korea pump prices extend gains on prolonged Middle East conflict S. Korea pump prices extend gains on prolonged Middle East conflict SEOUL, April 04 (AJP) - Retail gasoline and diesel prices in South Korea continued their upward trajectory on Saturday, driven by concerns over a prolonged conflict in the Middle East. The national average price of gasoline stood at 1,938.6 won ($1.28) per liter as of 9 a.m., up 6.8 won from the previous day, according to Opinet, the Korea National Oil Corp.'s price information portal. The average pr
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