DBM OKs release of P579M for LGUs’ climate change ‘survival fund’
MANILA: The Department of Budget and Management (DBM) has greenlighted the release of some PHP579 million in funds for the implementation of projects under the People’s Survival Fund (PSF) aimed at enhancing community resilience and sustainability
In…
(LEAD) Celltrion Q2 net profit drops 48 pct
Celltrion Inc., a South Korean biopharmaceutical company, said Wednesday its second-quarter net profit plunged 48 percent from a year earlier due to costs following a merger with its sales and marketing affiliate last year.
Its net profit came to 78…
LTFRB welcomes PBBM support for PTMP
MANILA: The Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday thanked President Ferdinand R. Marcos Jr. for supporting the Public Transport Modernization Program (PTMP) and rejecting the calls for its suspension.
In a statemen…
The Korea Interbank Offered Rates (KORIBOR)
The Korea Interbank Offered Rates (KORIBOR) as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m.
Term Today (%) Previous Session (%)
1-W 3.50 3.50
1-M 3.48 3.48
2-M 3.45 3.45
3-M 3.42 3.43
6-M…
Gross int’l reserves up in July
MANILA: The country’s gross international reserves (GIR) level went up to USD105.65 billion as of end-July this year from USD105.19 billion in June, preliminary data released by the Bangko Sentral ng Pilipinas (BSP) showed.
In a statement on Wednesda…
LG Uplus Q2 net income down 22.8 pct to 164.6 bln won
LG Uplus Corp. on Wednesday reported its second-quarter net profit of 164.6 billion won (US$119.6 million), down 22.8 percent from a year earlier.
The company said in a regulatory filing that it posted 254 billion won in operating profit for the qua…
Comelec: Voter registrants for 2025 polls top 5M
MANILA: The number of voter applicants for the 2025 midterm elections has exceeded the 5 million mark, the Commission on Elections (Comelec) reported on Wednesday.
Based on its latest data, the poll body said it has processed a total of 5,011,815 app…