Tag: bankruptcy

BEST OPTION FOR HANJIN IS TO ATTRACT ESTABLISHED SHIPBUILDERS – GATCHALIAN

Post author By Yna Sipelimo
Post date January 22, 2019
No Comments on BEST OPTION FOR HANJIN IS TO ATTRACT ESTABLISHED SHIPBUILDERS – GATCHALIAN

Senator Sherwin Gatchalian warned against a potential government takeover of the debt-ridden Korean company Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), stressing that the best option is to attract established shipbuilders to operate the firm. Gatchalian said it is “not prudent” for government to take over Hanjin, given its poor track record in taking over […]

Tags bankruptcy, debt, Hanjin, Philippine Navy, Senator Gatchalian, Senator Gordon, Senator Lacson, shipbuilding, subic, takeover

Government

CHINESE SHIPBUILDERS INTERESTED IN TAKING OVER HANJIN IN SUBIC – RODOLFO

Post author By Miguel Salamanca
Post date January 17, 2019
No Comments on CHINESE SHIPBUILDERS INTERESTED IN TAKING OVER HANJIN IN SUBIC – RODOLFO

Two Chinese shipbuilders have expressed their interests to take over the business of bankrupt Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), Department of Trade and Industry (DTI) Undersecretary and Board of Investments (BOI) Managing Head Ceferino Rodolfo said. Rodolfo said his office received queries from officials of the two Chinese firms, one a state-owned and […]

Tags bankruptcy, Chinese shipbuilders, DTI, Hanjin, Rodolfo, SBMA