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Tuesday, September 30, 2008

 

Koreans top investors in Subic

Many are either suppliers of Hanjin, and some are property developers

By Anthony Bayarong Correspondent

SUBIC BAY Freeport: Korean companies have now topped the list of investors in this Freeport for having pledged some $198.8 million in the first eight months of this year.

Subic Bay Metropolitan Authority (SBMA) Administrator Armand Arreza said the influx of Korean investors came after a $1.6-billion investment of shipbuilder Hanjin Heavy Industires Corp.-Philippines in 2006.

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O T H E R   R E P O R T S

 

SAN FERNANDO, Pampanga: The Department of Environment and Natural Resources (DENR) has completed the third and last leg of top-level consultations with local government officials here,...

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ZAMBOANGA CITY: Four government soldiers were wounded in a clash Monday with Moro Islamic Liberation Front (MILF) rebels in the Muslim autonomous region of Mindanao, officials said.

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THE Office of the Ombudsman decided to drop criminal charges against retired Brig. General Napoleon Angeles, former commanding officer of the Western Command (Wescom) of the Armed Forces...

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