KORAIL, facing mounting deficits and a looming KTX replacement project, abruptly shifted from calling for fare hikes to promising a 10% fare cut after a merger with SR, raising doubts over the feasibility of such claims amid ongoing financial strain and government skepticism.
#YonhapInfomax #KORAIL #KTX #FareReduction #RailMerger #FinancialDeficit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95271

Korail, facing mounting deficits and a looming KTX replacement project, abruptly shifted from calling for fare hikes to promising a 10% cut after a merger with SR, raising doubts over the feasibility and motives behind its claims as the government calls for further verification.
#YonhapInfomax #Korail #KTX #FareReduction #SRMerger #Debt #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95222