@bnc.ph: MAHARLIKA: ₱15-B PETRON FINANCING WAS AN ENERGY-SECURITY INTERVENTION Maharlika Investment Corporation provided ₱15 billion in financing to Petron amid oil supply pressures following the Iran war. Speaking on #Business360, MIC President and CEO Rafael Consing Jr. says the short-term financing helped Petron acquire the crude oil and fuel supplies it needed despite rising procurement costs and financing requirements. He says the intervention provided confidence in supply availability, but declined to say whether it affected pump prices. Consing adds that the financing was an emergency response, not part of Maharlika's long-term investment strategy. Catch the full discussion on #Business360, only on Bilyonaryo News Channel. #Business360 #BilyonaryoNewsChannel #RafaelConsing #MaharlikaInvestmentCorporation #Petron #EnergySecurity #OilSupply #news #phnews #latestnews #bilyonaryonewschannel #bilyonaryo #bnc #fyppage #fyp #fypp #Pilipinas #foryoupage #tiktokph #tiktokphilippines
