INQToday: LPA approaching PH now a tropical depression
Oil firms roll back fuel prices by up to P3 per liter
Local oil firms announce hefty rollbacks in the pump prices of petroleum products effective Tuesday, Nov. 14.
In separate advisories, the companies said they would slash the price of gasoline by P0.70 per liter and diesel by P3 per liter.
Pagasa: LPA off Mindanao now a tropical depression
The state weather bureau says the low-pressure area nearing the Philippine area of responsibility has strengthened into a tropical depression.
Based on the 11 a.m. bulletin of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa), the tropical depression was last located 1,540 kilometers east of southeastern Mindanao, packing maximum sustained winds of 45 kilometers per hour (kph) and gustiness of 55 kph.
Bongbong Marcos names Rafael Consing Maharlika Invest Corp head
President Bongbong Marcos appoints Rafael D. Consing Jr. as President and Chief Executive Officer of Maharlika Investment Corporation.
Consing is the current Presidential Adviser for Investment and Economic Affairs.
DOF chief Diokno: Maharlika fund IRR revisions ‘within bounds of law’
Finance Secretary Benjamin Diokno says changes made in the Implementing Rules and Regulations of the Maharlika Investment Fund “are within the bounds of the law.”
He also noted that the revisions were “enhancements” to establish “a strong corporate governance structure.”
