S. Korean Bond Yields on Jun. 25, 2024


Today (%) Previous Session(%) Change (BP)

1-year TB 3.346 3.343 +0.3

2-year TB 3.260 3.258 +0.2

3-year TB 3.201 3.194 +0.7

10-year TB 3.271 3.264 +0.7

2-year MSB 3.259 3.258 +0.1

3-year CB (AA-) 3.662 3.656 +0.6

91-day CD 3.600 3.600 0.0

Source: Yonhap News Agency

VP Sara distributes P300K grant to CDO’s LGBTQ+ entrepreneurs

CAGAYAN DE ORO: Vice President Sara Duterte led on Tuesday the distribution of PHP300,000 worth of grants to members of the lesbian, gay, bisexual, transgender and queer plus (LGBTQ+) community who have excelled in businesses here.

The recipients consisted of 20 LGBTQ+ entrepreneurs receiving PHP15,000 each through the “Mag Negosyo Ta ‘Day” grants.

“Equality and non-discrimination are important because these give peaceful living in our communities,” Duterte said in a media interview on the second year of the Pride Reception hosted by the Office of the Vice President (OVP).

The OVP Pride Reception aims to amplify voices, raise awareness, and foster dialogue that advances LGBTQ+ rights and acceptance within Philippine society, she added.

Last year, four organizations and groups in other parts of the country received PHP150,000 for their respective businesses.

This year’s event was organized in partnership with LGBT Pilipinas, Inc.

Source: Philippines News Agency

Medical professors at Catholic University shelve plan on indefinite walkout


SEOUL, Medical professors at eight hospitals affiliated with the Catholic University of Korea on Tuesday voted to shelve their plan on an indefinite walkout, following a decision by medical professors at Seoul National University to end their collective action.

The move came as expectations have grown over potential talks between the medical community and the government to resolve a monthslong standoff over medical reform.

The emergency committee of medical professors at the Catholic University said that about 70 percent of them voted in favor of alternative protest methods, such as reducing treatment for non-critical patients, instead of a walkout.

The committee, however, said 82 percent of the professors also vowed to join a walkout if necessary in the future.

“Hospitals of the Catholic University of Korea decided to put off an indefinite strike, although we will continue to protest and resist the government’s misguided policies in various formats,” it added.

The latest decision came after medical pro
fessors at Seoul National University Hospital and its affiliates decided to end their indefinite strike last Friday, saying they could not put patients at risk anymore.

South Korea’s top doctors’ lobby group, the Korea Medical Association (KMA), also announced it will not begin an indefinite walkout Thursday as previously planned.

Medical professors at Asan Medical Center, which had earlier vowed to launch a walkout starting July 4, were seen closely monitoring situations at other hospitals as well.

“(The plan) is flexible depending on changes in the government’s stance,” an official from the medical professors’ committee at Asan Medical Center said, hinting that doctors are considering maintaining treatments for critically ill patients.

Prospects for talks between the medical community and the government have been growing after Lim Hyun-taek, a hawkish head of the KMA, stepped back from the standoff, prompting the organization to form a special committee to initiate a dialogue.

Medical professors at thr
ee major hospitals of Yonsei University — Severance Hospital, Gangnam Severance Hospital, and Yongin Severance Hospital — however, have not yet announced a change to their plan to launch an indefinite walkout Thursday.

Source: Yonhap News Agency

5.3K e-titles released in Davao Region under Marcos admin

DAVAO: Since the start of the Marcos administration in July 2022, the Department of Agrarian Reform in Davao Region (DAR-11) has already distributed 5,320 e-titles.

During the Kapihan sa Bagong Pilipinas forum here on Tuesday, DAR-11 Assistant Director Charlotte Sison said the electronic titles have been given to 7,991 agrarian reform beneficiaries (ARBs) across 6,338.63 hectares of land in the region as of May.

‘For now, we are continuing our validation for other beneficiaries,’ Sison said. ‘DAR will validate if the ARBs are the poorest of the poor.’

DAR-11 Officer-in-Charge Jazon Collado said the Land Tenure Improvement Division has already installed eight of 32 ARBs in their landholdings and validated 277 out of 659 landholdings, covering an area of 1,004 hectares out of 2,709 hectares.

With the farm-to-market roads (FMR) and Tulay ng Pangulo (President’s Bridge) program, 3,403 ARBs in Davao City will be able to transport their agricultural produce to markets in their localities, bolstering economic de
velopment in the region, the agency said.

The FMR projects in rural villages have a combined total length of 6.42 kilometers and a project cost of PHP100 million.

Source: Philippines News Agency

S. Korea conducts live-fire drills with Chunmoo multiple rocket launchers


SEOUL, The military conducted live-fire drills of homegrown Chunmoo multiple rocket launch systems (MRLS) Tuesday, the Army said, to sharpen precision strike capabilities and bolster readiness against North Korean threats.

Some 190 troops participated in the drills that mobilized seven units of Chunmoo MRLS, as well as some 80 pieces of equipment operated by the Navy and the Air Force, including corvettes and fighter jets, according to the Army.

During the drills that took place at a firing range in Boryeong, 140 kilometers southwest of Seoul, 48 long-range guided rockets were launched from the Chunmoo units to reach targets located 55 km away, the Army said.

The Chunmoo MRLS is a key military weapon designed to counter North Korean artillery threats in the event of a contingency.

Source: Yonhap News Agency

S. Korea conducts live-fire drills with Chunmoo multiple rocket launchers


SEOUL, The military conducted live-fire drills of homegrown Chunmoo multiple rocket launch systems (MRLS) Tuesday, the Army said, to sharpen precision strike capabilities and bolster readiness against North Korean threats.

Some 190 troops participated in the drills that mobilized seven units of Chunmoo MRLS, as well as some 80 pieces of equipment operated by the Navy and the Air Force, including corvettes and fighter jets, according to the Army.

During the drills that took place at a firing range in Boryeong, 140 kilometers southwest of Seoul, 48 long-range guided rockets were launched from the Chunmoo units to reach targets located 55 km away, the Army said.

The Chunmoo MRLS is a key military weapon designed to counter North Korean artillery threats in the event of a contingency.

Source: Yonhap News Agency