page contents

2 Chinese firms eye Hanjin | Inquirer Business

Two Chinese shipbuilding firms are interested to take over the Philippine business of the Hanjin Group of South Korea, a government official said, as the Duterte administration steps in to help save the troubled investor in Subic.

Drowning in debt, Hanjin Heavy Industries and Construction Corp. Philippines has asked the government for help in search of an investor who would take over the business and save the troubled shipbuilder.

ADVERTISEMENT

This was disclosed by Ceferino Rodolfo, managing head of the Board of Investments, to reporters on the sidelines of a press conference on Friday.


Business News

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close