haha777 LPA outside PAR develops into tropical depression on Saturday

MANILA, Philippines — The low pressure area (LPA) monitored outside the Philippine area of responsibility (PAR) developed into a tropical depression on Saturday afternoon, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said.

According to Pagasa, the tropical depression was formed at 2 p.m.

READ: Rainy Christmas seen in most of PH due to amihan

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Pagasa said in its 4 p.m. weather update that the tropical depression was last located 900 kilometers southwest of southwestern Luzon, packing a maximum wind speed of 55 kilometers per hour (kph) and gustiness of up to 75 kph.

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It was moving east-northeast at 15 kph.

READ: New LPA seen off Mindanao may become tropical cyclone in 24-48 hrs

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Meanwhile, Pagasa said in its 4 a.m. weather report that an LPA located in Mindanao on Saturday may develop into a tropical cyclone within 24 to 48 hours. However, this potential cyclone was not expected to enter the PAR.

READ: LPA forms east of Mindanao, damp weather likely in C. Visayas

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The country’s balance of payments (BOP) position recorded a $3.5-billion surplus in Septemberhaha777, a reversal from the $414-million deficit posted a year ago, the BSP said in a report.