Hanjin Failure in Philippines Has Disturbing Implications
www.asiasentinel.com
It could well be a tsunami in another form, yet the recent declaration of bankruptcy by shipbuilder Hanjin Philippines has attracted scant attention in the Philippines and almost none overseas. Yet the insolvency threatens the livelihoods of the approximately 22,000 employees of the Subic Bay concern, and potentially the security of the nation.
Hanjin Failure in Philippines Has Disturbing Implications
…
Hanjin Failure in Philippines Has Disturbing Implications
It could well be a tsunami in another form, yet the recent declaration of bankruptcy by shipbuilder Hanjin Philippines has attracted scant attention in the Philippines and almost none overseas. Yet the insolvency threatens the livelihoods of the approximately 22,000 employees of the Subic Bay concern, and potentially the security of the nation.