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The Philippine should continue to protect its territory, particularly in the West Philippine Sea , given its potential to be a major source of oil for the country and possibly bring down local power costs, tycoon Ramon Ang said Monday.Speaking before a panel of Cabinet officials, Ang — who leads San Miguel Corp. and Petron Corp. — said that the WPS has a very big reserve, while the country’s oil production is only at 6,000 barrels per day versus other countries with 1 million barrels a day.
Continuing his remarks, Ang also provided a reason why fuel and power prices in the Philippines remain high compared with its neighbors.“If you look at it on an equal basis, our prices without the subsidy and without taxes, is even lower than Malaysia, Indonesia, and Thailand. It’s also the same as power.
Fuel Price Pasig River Expressway
Indonesia Berita Terbaru, Indonesia Berita utama
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Ramon Ang: Protect West Philippine Sea to help curb inflation'We have a very big reserve in the West Philippine Sea...Let us not let go of it. We should protect our territory,' says San Miguel Corporation president and CEO Ramon Ang
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3 patay, 17 sugatan sa karambola ng mga sasakyan sa Fairview, QCTatlo ang patay habang 17 ang sugatan matapos magkarambola ang mga sasakyan sa Fairview, Quezon City.
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Ramon Ang says Pasig River Expressway could still push throughLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
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[EDITORIAL] Ang ‘enemy from within’ sa West Philippine SeaNagdurugo ang puso nating isipin na may anay sa hanay
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Albularyo sa South Cotabato, kaya raw malaman ang sakit ng tao gamit ang itlogSa halip na makina, itlog ang ginagamit ng isang albularyo na parang pang-'X-ray' o pang'-scan' sa kaniyang mga pasyente para malaman umano ang mga sakit nito sa Banga, South Cotabato. Ang ilan sa kaniyang pasyente, gumaling umano. Ngunit may ipinaliwanag ang isang psychologist tungkol sa tinatawag na 'placebo effect.' Alamin kung ano ito.
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Binatilyo sa Brazil, inubos ang sariling pamilya matapos itago ang kaniyang cellphoneBinaril at pinatay ng isang 16-anyos na lalaki ang kaniyang ama't ina na umampon sa kaniya, pati ang isa niyang kapatid na babae, sa loob ng kanilang bahay sa Sao Paulo, Brazil. Ang suspek, nagalit umano nang itago ang kaniyang cellphone.
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