Hanjin PH files for corporate rehab


Posted at Jan 12 2019 12:34 AM

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The Philippine unit of global ship-building giant Hanjin shocked the local business sector and government after it filed for corporate rehabilitation this week. But bankers and the monetary authorities seem unfazed even if $400 million in loans from local lenders and thousands of workers will be affected by the unfolding crisis. Bruce Rodriguez with the full story. – The World Tonight, ANC, January 11, 2019