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ECONOMY

Fuel tax cuts extended until end of October

The government has decided to extend the temporary fuel tax reduction, originally set to expire at the end of August, for an additional two months to ease the public’s fuel cost burden amid lingering uncertainties in global oil prices. According to the Ministry of Economy and Finance on August 14, the measure will remain in place until October 31, maintaini..

Gov’t hikes assessed value of houses worth over 2.5 billion won by 36 percent
By AsiaToday reporter Cheong Ah-reum The Ministry of Land, Infrastructure and Transport has hiked this year’s appraised prices of standard detached ho..

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