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Manila Standard | Defining The News
First Gen ranked 113rd with estimated clean energy revenues of $632 million in 2017, while EDC ranked 139th with $494.72 million.
Chinese companies are interested in investing in the operations of the Philippine unit of South Korea's Hanjin Heavy Industries and Construction, which recently declared bankruptcy after it defaulted on over $400 million in bank loans.
The industry remains 'very liquid and profitable,' the BSP said.
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.