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IPs to be paid royalty fees from quarrying in ancestral land for Iloilo mega dam

ILOILO CITY โ€“ Royalty fees will be paid to the Panay-Bukidnon Indigenous Peoples (IPs) for the sand and gravel obtained from their ancestral land for the ongoing construction of a P13-billion mega dam project in Calinog, Iloilo. MEMBERS of the Panay-Bukidnon Indigenous Peoples (IPs) show where a
Iloilo City South Korea Jalaur River South Korean Jimmy Lastrilla Franklin Drilon
Source: mb.com.ph

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IPs slam non-payment of royalty fees for sand extracted for Iloilo mega dam

ILOILO CITY โ€“ A South Korean firm is under fire for alleged non-payment of royalty fees in the extraction of sand and gravel in the ancestral domain of Indigenous Peoples (IPs) for the construction of the mega dam in Calinog, Iloilo. MEMBERS of the Panay-Bukidnon Indigenous Peoples (IPs) show wh
Iloilo City Jalaur River South Korea Negros Occidental Philippines General South Korean
Source: mb.com.ph

Tough road ahead

Daewoo Shipbuilding Marine Engineering Co. (DSME) has signed a preliminary investment deal with Hanwha Group, paving the way for the latters takeover of the debt-ridden shipyard. Under the memorandum of understanding (MOU) signed between the two, Hanwhas subsidiaries will participate in a 2 trillion won ($1.4 billion) rights offering for a 49.3 percent stake.
South Korea Hyundai Heavy Industries Korea Development Bank Hanwha Group Daewoo Shipbuilding Marine Engineering Co Shipbuilding Marine Engineering

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