Govt. weighs 'appropriate timing' to raise utility prices: industry minister
Industry Minister Ahn Duk-geun has said the government is weighing the "appropriate timing" to raise utility prices, including gas and electricity, amid the volatility in the global market. "As the situations in the Middle East remain unstable, we are monitoring the situation while finding the appropriate timing to raise electricity and gas prices," Ahn said during a meeting with reporters on Tuesday. "We must normalize electricity and gas prices, and the issue is urgent
May 8, 2024