Hanjin Philippines - updates

Rappler's latest stories on Hanjin Philippines

ARTICLE FINDER

Hanjin seen to get new investor by end of 2019

Aug 21, 2019 - 8:57 AM

A consortium of private US equity firm Cerberus Capital Management and Australian shipbuilder Austal informs SBMA and Hanjin creditors of its intention to take over the beleaguered shipyard

Hieronymus Ukkel / Shutterstock.com HAMBURG, GERMANY - MAY 21, 2017: Shipping containers of the South Korean container transport company HANJIN that was declared bankrupt by South Korean courts on February 17, 2017

[ANALYSIS] A workers’ alternative for Hanjin

Jun 15, 2019 - 2:00 PM

It is time to consider workers’ control as a viable antidote for bankrupt private businesses and, more essential, for imagining a new peoples’ economy

Chinese firms 'hands off' Hanjin takeover – Board of Investments

Mar 14, 2019 - 8:40 PM

The remaining workers of Hanjin Heavy Industries and Construction Philippines are still in limbo

TAKEOVER? It is still uncertain whether foreign firms will takeover Hanjin. AFP file photo

Hanjin workers mark 5th day of protest amid tight security

Mar 05, 2019 - 8:40 PM

The protest has prompted authorities to secure a Hanjin gate that the workers have been picketing at since March 1

DOLE to Hanjin: Return workers' money from training bond

Feb 19, 2019 - 8:45 PM

Workers are appealing that Hanjin Heavy Industries and Construction Philippines return to all of them the salary deductions meant for training

PROTEST. Workers from Hanjin Heavy Industries and Construction Corporation stage a protest outside the DOLE Central Luzon office in San Fernando, Pampanga while the tripartite dialogue is happening on February 19, 2019. Photo by Aika Rey/Rappler

Don’t let Chinese firm take over Hanjin shipyard – Trillanes

Jan 17, 2019 - 5:15 PM

Senator Antonio Trillanes IV says the Hanjin shipyard in Subic Bay is in a 'strategic defense location'

HANJIN SHIPYARD. The shipyard of Hanjin Heavy Industries & Construction Company, Ltd in Subic Bay, Zambales. Photo from the Facebook page of HHIC PHILS Hanjin Heavy Industries & Construction Co., Ltd.

Hanjin recovery 'uncertain' – Fitch Ratings

Jan 16, 2019 - 7:20 PM

Fitch Ratings says the rehabilitation plan for Hanjin Heavy Industries and Construction Philippines may take time to execute

DOUBTS. Fitch Ratings says Hanjin's recovery is uncertain. AFP photo

Duterte 'receptive' to gov’t takeover of Hanjin's Subic shipyard

Jan 16, 2019 - 1:27 PM

'We see the possiblility of having our own shipbuilding capacity in the Philippines, especially large ships like what is being built by Hanjin shipyard in Subic,' says Defense Secretary Delfin Lorenzana

HANJIN ACCIDENT. The Hanjin Heavy Industries Corporations-Philippines facility in Subic Freeport. File photo from the HHIC-Phil website

DOLE to assist 3,800 Hanjin workers

Jan 15, 2019 - 9:43 PM

Labor Secretary Silvestre Bello III says Hanjin workers will be receiving separation pay, and will be profiled to see if they can get jobs in government projects

AID. The labor department will be assisting thousands of Hanjin workers after the South Korean shipbuilder went bankrupt. Photo from HHIC-Phil website

Hanjin crisis threatens banks' credit ratings – Moody's

Jan 15, 2019 - 5:15 PM

(UPDATED) Debt watcher Moody's says the loan exposure of 5 Philippine banks is a credit negative and will drive credit costs higher

Banks downplay Hanjin crisis impact

Jan 14, 2019 - 3:10 PM

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