IKOT.PH
The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) has passed a resolution opposing the private takeover attempts of an electric cooperative (EC) in the province of Davao del Norte. The PHILRECA Board of Directors recently approved Resolution No. 3-13-21 expressing their “full support to the existence” of the Northern Davao del Norte Electric Cooperative, Inc. […]
Senator Dick Gordon has called on the government to fast-track the takeover of the Hanjin Heavy Industries Corporations-Philippines facility in Subic to ensure the protection of the country’s territory and sovereignty and to provide jobs. “Mas maganda kung magawa na natin ang Hanjin para makapasok dito ng trabaho. Dapat gamitin natin iyan para sa seguridad […]
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 […]
Senator Dick Gordon has proposed that government enter into a partnership with local taipans and Korean investors and take over debt-saddled Hanjin Philippines so that the country can build ships for use in defense and commercial purposes. Gordon stressed that the Hanjin shipyard is a very important natural resource, of human, logistical and engineering resource, […]