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Tag Archives: Hanjin

Business leaders express worries over NPS’ Hanjin intervention

South Korea’s business leaders on Friday expressed concerns over the National Pension Service’s decision to actively exercise its shareholder rights over Hanjin KAL, claiming that it could dampen corporate activities. “If the NPS decides to actively exercise shareholder rights (on Hanjin KAL), this would be the first such case to be applied on a private firm,” the Federation of Korean ...

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Govt takeover of Hanjin | Inquirer Business

There is unanimity of opinion in the business and labor sectors that all efforts must be taken to prevent Hanjin Heavy Industries and Construction Corp. Philippines from closing down. On the business side, Hanjin’s proven world-class shipbuilding expertise will be useful to an archipelagic country like the Philippines. The country’s maritime industry could save billions of pesos in construction costs ...

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Banks downplay Hanjin crisis impact

The Bangko Sentral ng Pilipinas says the total exposure caused by the bankruptcy of Hanjin Heavy Industries and Construction Philippines is only 0.24% of all loans in the country’s banking system Published 3:10 PM, January 14, 2019 Updated 3:10 PM, January 14, 2019

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Banks downplay Hanjin crisis impact

The Bangko Sentral ng Pilipinas says the total exposure caused by the bankruptcy of Hanjin Heavy Industries and Construction Philippines is only 0.24% of all loans in the country’s banking system Published 3:10 PM, January 14, 2019 Updated 3:10 PM, January 14, 2019

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Banks downplay Hanjin crisis impact

The Bangko Sentral ng Pilipinas says the total exposure caused by the bankruptcy of Hanjin Heavy Industries and Construction Philippines is only 0.24% of all loans in the country’s banking system Published 3:10 PM, January 14, 2019 Updated 3:10 PM, January 14, 2019

Read More »

PH banks can weather Hanjin default, BSP assures public | Inquirer Business

Banking regulators on Friday moved to reassure the public about the strength of the financial system after the bankruptcy of a Korean-owned shipbuilder in Subic Bay triggered a $ 412-million default on local lenders—the biggest in Philippine corporate history. In a statement to the Inquirer, the Bangko Sentral ng Pilipinas said the banking industry has enough capital buffer to weather ...

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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 ...

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PH banks can weather Hanjin default, BSP assures public

Banking regulators on Friday moved to reassure the public about the strength of the financial system after the bankruptcy of a Korean-owned shipbuilder in Subic Bay triggered a $ 412-million default on local lenders—the biggest in Philippine corporate history. In a statement to the Inquirer, the Bangko Sentral ng Pilipinas said the banking industry has enough capital buffer to weather ...

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PH banks can weather Hanjin default, BSP assures public

Banking regulators on Friday moved to reassure the public about the strength of the financial system after the bankruptcy of a Korean-owned shipbuilder in Subic Bay triggered a $ 412-million default on local lenders—the biggest in Philippine corporate history. In a statement to the Inquirer, the Bangko Sentral ng Pilipinas said the banking industry has enough capital buffer to weather ...

Read More »

PH banks can weather Hanjin default, BSP assures public

Banking regulators on Friday moved to reassure the public about the strength of the financial system after the bankruptcy of a Korean-owned shipbuilder in Subic Bay triggered a $ 412-million default on local lenders—the biggest in Philippine corporate history. In a statement to the Inquirer, the Bangko Sentral ng Pilipinas said the banking industry has enough capital buffer to weather ...

Read More »

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