Many South Korean households began to feel the impact of rising energy costs in recent weeks after turning up the heat amid a cold spell.
SEOUL, South Korea – South Korea plans to double energy vouchers and a discount of gas prices for underprivileged families to cope with spiraling heating bills amid a prolonged cold wave, officials said on Thursday, January 26.global surge in natural gas and heating fuel pricesMany South Korean households began to feel the impact in recent weeks after turning up the heat amid a cold spell, with monthly gas bills up 34% last month from a year ago, according to Statistics Korea.
The measures would benefit almost 1.2 million families receiving energy vouchers and around 1.6 million homes eligible for the gas discount this winter, in a country of 21.6 million households, Choi said. Many South Koreans expressed concerns over additional hikes in energy bills as freezing winter weather continued.
Bang Myung-soon, 76, who has been running a small hardware store in Seoul, said she was “shocked” by the hike in heating bills and government subsidies would not be enough.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korean economy shrank in Q4 for first time in 2-1/2 yearsSouth Korea’s economy contracted in the final quarter of 2022 for the first time in 2-1/2 years, as a post-pandemic spending spree faded and global trade tumbled, central bank estimates showed on Thursday. | Reuters
Read more »
South Korean reality dating show goes viral after one female contestant confesses to anotherThe dating show “Love Alarm Clap! Clap! Clap!” recently reached viral status after the events of the 11th episode, where one female contestant named Jasmine, confidently confessed her feelings to another female contestant named White Rose. READ:
Read more »
South Korean dating show trends after female contestant confesses her love to another girlWhat an inspiring and heart-fluttering moment 💕 | via philstarlife
Read more »
Eight missing after ship sinks between Japan, South KoreaTOKYO: Japan and South Korea's coast guards were searching Wednesday for eight crew from a cargo ship that sank between the two countries, after 14 others were rescued. Read more:
Read more »
Korean actor Lee Je-hoon to hold fan meeting in ManilaKorean star Lee Je-hoon, who starred in the dramas “Taxi Driver” and “Move to Heaven,” will be visiting Manila in March. READ:
Read more »